(Akron/Tire Review) Tire Group International will soon celebrate both its 15th anniversary and the grand opening of its new Miami offices. The event will be held on December 8. TGI carries more than 40 tyre brands, the company said, including its own private labels Astro, Cosmo, Industar, Luna and Jaguar, as well as other brands such as MRF, Delta and Matador.
During the weekend of 21 to 22 July, the European hill climb championships took place at Pezinská Baba. Matador entered the history books with several entries. One of them can be attributed to an excellent performance by Czech driver Marek Fried in the E1 category of touring vehicles.
Marek Fried (driving a BMW M3 GT3) collected absolute victory in the touring vehicle category with a time of 2:17.062 he broke the last year´s record set by Štefan Rosina junior. His victory is a triumph for Matador as well, since Fried has used the manufacturer’s tyres throughout the series. “The motivation for victory of our team was even greater at Baba, because it was our home environment and we used tires from Matador which were excel-lent,” said the team manager Robert Šenkýř after the event.
In the N-category of the hill-climb racing the victory was taken by the Slovak pilot of Matador Motorsport Peter Jureňa with Mitsubishi Lancer EVO IX. With overall combined time of 4:50.077. First runner up was Miroslav Jakeš, 2,100 ahead of third-place Jiří Voves.
(Akron/Tire Review) Matador’s machinery unit has signed an agreement to sell 10 tyre production machines to China tyremaker Triangle. The deal, said the Slovakian tyre and equipment producer, is worth 11.33 million euros. “With this contract, Matador has confirmed its important position among Slovak exporters,” said Matador group spokesman Dusan Koblisek.
When the decision was made to produce a third generation of passenger car winter tyre, Matador gave its design team the brief of coming up with a tyre specifically suited to the challenging driving conditions encountered during the European winter. The team set out to create a product possessing what they considered the optimal shape – and the end result was the MP59 Nordicca.
Compared with its predecessors, the MP59 Nordicca has been developed with a stronger emphasis on driving safety, particularly in the most demanding conditions. Matador believes the enhanced traction and braking properties on snow and ice surfaces afforded by the new tyre are strong factors that contribute to a more rewarding and comfortable driving experience. In addition to increased grip on snow and ice, the 3-D lamellas on the MP59 Nordicca’s tread pattern blocks allow for greater stability and rigidity in the blocks during dry surface transfers of load.
Matador has released its third generation passenger car winter tyres, the MP59 Nordicca. Designed with an asymmetric tread pattern the company claims to be the optimal shape for meeting the demands of a UHP winter tyre, the MP59 Nordicca has been built with European conditions in mind.
Moody’s agency assigned four new national scale ratings in the Czech Republic and Slovakia – the Matador Group among them. The long-term A2 rating suggests the Slovakian manufacturer has a stable future outlook and means confirmation of favourable investment conditions for Matador Group. At the end of October the news that Continental was in “discussions” with Matador Group’s Rubber Division surfaced.
A little more than two months after ending takeover negotiations with an officially unnamed private equity company, Continental AG chief executive, Manfred Wennemer has stated that he is not opposed to a strategic investor acquiring a stake in the company. In an interview with the German Automobilwoche trade magazine Wennemer, also reiterated that acquisitions of other companies remain a high priority for Continental. These remarks follow reports that Continental is holding takeover talks with both Matador Rubber and Amtel-Vredestein. The earlier private equity takeover bid was pitched to Conti by Bain Capital LLC and offered more than Continental’s 13 billion euro market, according to the Financial Times.
Slovak President Ivan Gasparovic and Omsk region Governor Leonid Polezhayev commissioned a new tyre production line at the Matador-Omskshina joint venture on Wednesday 8 November. JV Director General Stefan Prokop told the Itar-Tass news agency that in 2005 the main shareholders, Matador and Sibur-Russian Tyres (50:50 partners), approved the joint development and modernisation of the enterprise and envisaged more than 1.5 billion roubles in investment.
Llandrindod Wells-based Craig Middleton produced a polished performance to take third place on the final round of the MSA National Gravel Rally Championship. More importantly, on the Bulldog Rally Middleton has done enough to secure his first major championship title alongside his three National Junior titles.
Matador has added a new, high performance product to its winter tyre range – the MP59 Nordicca – a tyre designed for middle- and luxury-class European vehicles. The MP59 Nordicca has been designed with the emphasis on safety in the most demanding of conditions, without sacrificing driving performance or comfort. It has an asymmetric tread pattern and what Matador describes as “a new generation of dimensional sipes” to give increased traction on snow and ice. The tread blocks are designed for optimum transmission of braking forces in all conditions.
Matador Group companies reported sales of 227 million euros in the first half of 2006, including a 50 per cent share of Matador Omskshina. Sales are up 14 per cent compared with the same period last year. Pre-tax profits for the period totalled 15.4 million, up 26 per cent on the previous, despite increased raw material costs. “This result was positively influenced by the fact that practically all components within the group recorded an increase in sales and did not generate a loss for the Matador Group,” a company statement explained.
Matador Tyres backed rally driver Craig Middleton bounced back from his fiery exit on the RBS International Manx Rally with a superb victory on the Severn Valley National Rally this weekend. With the Hyundai Accent WRC repaired after it ignited on the Isle of Man, the 26-year-old Welshman from Llandrindod Wells took a hard earned victory in hot and sunny conditions. The win keeps Craig’s chances of winning the MSA National Gravel Rally Championship alive after a year of mixed fortune so far.
Matador has revealed a new corporate identity. The Slovakian tyre manufacturer and equipment specialist announced the moves following an enormous publicity drive, which has even seen the company invest in corporate informercials on TV channels like CNN and BBC World.
This year the company celebrated its centenary and saw the occasion as a good opportunity to “modernise and create a better impression about Matador’s work.” Use of the new corporate identity will come into effect from 17 October, when it will replace the old logo.