Amtel-Vredestein’s other stores are in the greater Moscow area. The company, which plans to own some 300 retail locations in total, has acquired 41 stores since August 2005.
“We are executing a bold strategy to rapidly enlarge our retail footprint across Russia,” said Alexei Gurin, Amtel-Vredestein’s CEO. “We believe that a substantial proprietary network will allow us to grow margins in our core tire business and improve the overall customer experience.”