Continental invests in European bus and truck tyre production 01 July 2013

Continental has confirmed its commitment to commercial vehicle tyres, announcing an expansion of its annual production capacity at its truck and bus tyre plant in Puchov, Slovakia.

The tyres giant says it will inject €100 million in the plant, which will see production rise from around 2.6 million units to more than three million a year – although the timing is not yet clear.

"Despite the currently challenging economic situation in Europe, we see a considerable increased demand for our truck and bus tire business in the mid-term," comments Dr Andreas Esser, head of the commercial vehicle tyres business unit at Continental.

"With the ... growth markets in Eastern Europe, Middle East and Africa, we foresee further potential in the years to come. In order to accommodate this rising demand in the near future, we have to expand and upgrade our largest production plant in EMEA further," he adds.

Puchov will also be the first plant to produce Continental's new Generation 3 bus tyres, the company confirms.

Author
John Challen

Related Companies
Continental Tyre Group Ltd

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