VSHZ increases sales

Last year, the Voronezh Tire Plant increased its revenue by 19% to 2.86 billion rubles, while net profit grew by 50% to 105 million rubles. At the same time, accounts payable increased by 18% to 830.5 million rubles, according to Abireg.

In 2012, the VSHZ was acquired by a joint venture between Pirelli and Rostec. Pirelli, which is controlled by the Chinese state-owned company Sinochem, refused to leave the Russian market, but noted that it would stop investing in the development of its production sites in the country, located in Voronezh and Kirov.

In 2024, 668 people worked at VSHZ.

Photo: Yandex