At its meeting on August 22, the Board of Directors of Open JSC Nizhnekamskshina will consider the convening of an extraordinary general meeting, Nizhnekamskshina informed.
The Board of Directors intends to finalize the meeting date and agenda and to approve interested-party transactions.
Open JSC Nizhnekamskshina / Nizhnekamskshina Corp. (tax number: 1651000027) is the largest tire manufacturer in the CIS producing tires for motor cars, fright carriers and agricultural machinery under the trade mark Kama. The annual capacity of the enterprise is 12.9 million tire covers. Nizhnekamskshina accounts for over 30% of the domestic tire output. The enterprise consists of 3 lines producing general tires, truck tires and radial type automobile tires. The enterprise employs more than 10 thousand people.
The enterprise is part of JSC Tatneft and has been engaged in processing operations since 2006.
According to the DataCapital information retrieval system, RAS net profit of Open JSC Nizhnekamskshina for 2013 was RUB 35.9 million, revenue was RUB 16.256 billion.