Finance & Credit Group Delays Tire Holding Establishment

Finance & Credit Group announced it will establish a tire holding in 2009, according to the group’s CEO Roman Naumenko. Earlier, the holding was planned to be created by 2008. The holding is to be based at CJSC Rosava, Ukraine’s largest tire-maker, and will include two Rosava-controlled tire producers as well as Stakhaniv Technical Carbon Plant.