Triangle plans to invest 250 million euros in the construction of a tire factory in Bashkor
According to Russian News Agency Nizhny Novgorod reported on July 26, 2012 that the government of the Republic of Bashkortostan reported that China’s Triangle Tire Group intends to invest 250 million euros to build tires in the Republic. plant.
The factory's annual productivity is 4 million tires. The company is currently looking at two plots of land near the city of Sterlitamak.
The government of the Republic of Bashkortostan is willing to offer preferential treatment to investors, removing the Group’s 10-year property tax and several other taxes. In addition, the Republic will also bear the costs of preparing construction land and its related utilities pipelines.
China Triangle Tire Holding Group was established in 1976. Its main business is tire production. The product categories include passenger cars, trucks, passenger cars, special vehicle tires and super-large tires.
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