KALUGA, Russia (Oct. 31, 2013) — Continental A.G. christened production Oct. 30 at its car and light truck tire factory in Kaluga, two years after breaking ground on the $320 million project.
Nikolai Setzer, head of Conti's Tire Division and a member of the Executive Board, called the new plant a "key pillar of Continental's long-term growth strategy in Russia.
"This is a major step toward our replacement clients and the fulfillment of our commitment to the leading car manufactures who have established plants in this region as well," he said during ribbon-cutting ceremonies at the plant.