On the 10 September Matador celebrated its 100th anniversary at a ceremonial gala evening, held at the Slovak National Opera Theatre of Bratislava. Matador, ranked 40 in a list of the world’s top tyre manufacturers in 2004, invited more than 500 guests to its World Meeting. These included friends, customers and partners from all over the world. Matador welcomed, the president of the Slovak Republic as well as top managers from manufacturers including JJ Tyres, Addis Tyre and Continental.
Matador divides its winter tyre portfolio into three levels – mild winter for use in Western Europe; mountainous, for central and Eastern Europe; and, for the most extreme winters, the Scandanavian/Siberian range. According to Matador, the company’s Western European products (MP 59 Nordicca and MP 58 M+S Silika) are “renowned for good driving properties on snow, wet snow as well as on wet roads.”
Matador Tyre Sport is looking forward continuing its centenary celebrations by participating in the fortcoming Wales Rally GB. According to the company, Matador’s long-term success as original equipment supplier to Skoda has lead to the use of the Skoda World Rally Car for the Welsh rally.
Last year Matador tyre sport won the BTRDA championship. This time around the team will be placing its hopes upon “up and coming star” Craig Middleton and his co driver Robin Hernaman.
Rally GB spectators will be given the opportunity to view a copy of the new Matador Skoda S2000 close up on a display in front of the VIP stand at the event.
Belarusian tyre manufacturer, Belshina, is in the process of modernising its truck tyre line-up. According to company reports, there are three new patterns of tubeless, all-steel radial truck tyres out on the market that have been manufactured with new tyre building machines supplied by Matador Machinery.
The “Bel-96” model will be available in 235/75 R 17.5, with the “Bel-118” in 295/80 R 22.5 and “Bel-108” in 275/70 R 22.5
The Republic of Belarus is well-known all over the world as a large producer of mining trucks, tractors and other farm machines. Belshina, or Belarus Tyre Works as it is sometimes called, is the chief supplier of tyres for these machines. Belshina produces over 180 tyre sizes for cars, trucks, mining trucks, road-building machines, electrical vehicles, tractors and farm machines and over 90 per cent of its tyres are radial. There are more than 14,000 workers employed in the factory.
(Akron/Tire Review) Various companies are lining up, according to reports in the Slovak Spectator, to protest the special incentive package the Slovakian government has extended to Hankook Tire as an inducement to get the South Korean tyre maker to build a new plant there.
Slovakian tyre company Matador Púchov and members of Klub 500, an association of companies, say the investment incentives offered by the government are unfair and may exceed established limits. Matador, in particular, said the incentives place it at an unfair advantage.
JSC Omskshina intends to transfer its 50 per cent share in the CJSC Matador-Omskshina joint venture to Sibur-Russian Tires. Such a decision it is expected to be approved by shareholders at the annual meeting on 3 June 2005, Omskshina said.
63,329 common stock shares of the joint venture are expected to be transferred to Sibur-Russian Tires within the framework of the deal. Founded in 1995 CJSC Matador-Omskshina is a joint venture of Matador Holding (Slovakia) and JSC Omskshina.
If the 8th Moscow Tires & Rubber show is anything to go by, the Russian tyre market looks set to continue its development as a growth market. While the show was marked by growing interest from exhibitors and visitors, the market itself has produced some generally optimistic data and has seen perceptions of the manufacturers’ market approaches improve. All this suggests that the Russian market will continue to develop into a very interesting tyre market, with a strong growth potential.
The plans for next year’s “Tires & Rubber 2005” show in Moscow are currently running at full steam. The exhibition’s organisers expect there to be numerous exhibitors from Russia and abroad, showing their latest product innovations in tyres, wheels and retreading. Apart from domestic tyre manufacturers Sibur, Amtel, Tatneft and Matador-Omskshina many western companies are expected to exhibit and therefore help the show gain an ever more international reputation. The exhibition will be held from 1-4 February 2005, in Moscow’s Expocentr.
Slovakian tyre manufacturer Matador Puchov has opened an administration and sales development office in Wales. The opening comes as part of Matador’s plans to further develop its association with the UK market. Under the day-to-day management of managing director, Miroslav Plevak, Matador UK will provide additional support and promotional back-up to the producer’s established UK distributors.
Slovak tyre manufacturer Matador is set to sign a joint venture agreement with Ethiopian firm Addis Tyre. Details are sketchy, but it is believed that Matador will pay around US$ 10 million for a stake in Addis of between 60 to 76 per cent. The Addis factory was built in 1971 by a company from what was then Czechoslovakia and produces 100,000 tyres annually for the local market. Matador will upgrade technology and equipment with the aim of tripling output by 2006.
Since T&A last visited Matador there have been a few changes in the management team. These have been brought about by the retiring of company patriarch, Stefan Rosina Snr. There can be little doubt that Stefan Rosina Snr. is not only a sound businessman, but also an astute politician; if he were otherwise he would not have been able to guide Matador into the free market as he did. The many years involved in the business have placed Mr. Rosina in a commanding position to help develop Matador’s relations both with the Slovak government, of whichever hue, and with politicians and businessmen in the new markets of Russia and the former Soviet influenced states. Although no longer at the helm of Matador, Stefan Rosina Snr, still plays a major figurehead role both as a consultant and as a powerful lobbying tool for Matador.He has been replaced as president of Matador by his son, Stefan Rosina Jnr. as President and Chairman of the Board of Directors. Mr Rosina Jnr. told T&A that the company aims to remain fully independent although working towards new projects with joint venture partners in growing markets. Mr. Rosina reported ongoing developments in Russia at Omskshina, where the JV was now producing 1.5 million tyres per annum and selling every single piece on the Russian domestic market where the Matador brand had already developed a strong following of loyal and satisfied customers. Two other joint ventures in Russia were still under development. Much there depended upon final negotiations and Due Diligence work before any official announcements could be made. However, a JV with Addis Tyre in Ethiopia was in the course of being finalised as we spoke. “This is a long term investment, we will build gently in Africa through our Ethiopian partners. We have long term plans to develop the region, create jobs and wealth and provide education. In Matador, wherever we are we see the potential to provide good employment prospects through the generations. My father worked for Matador, Miroslav (brother) and myself work for Matador and our children also have started working for Matador. We see that same opportunity for all our employees families.”The direction of the company may not have altered but the structure of the upper management has. Stefan Rosina Jnr is the President and Chairman, he is supported by Miroslav Rosina as Vice Chairman and Director of International Operations. The top layer of management is completed by Jozef Vozar, vice president for strategy and General Director Štefan Prekop.
Nokian Tyres plc and Matador AS are signing a contract manufacturing agreement. This transaction will mean that Matador will produce Nokian branded speed categories S, T, and H car summer tyres at its factory in Slovakia. The tyres will be sold in Eastern European markets. The production target for 2003 is 100 thousand Nokian tyres with initial sales taking place during the first quarter of the year. Volume manufacture will increase to 300 thousand tyres by the end of 2005.Through contract manufacturing Nokian will continue to ensure its growth potential in Eastern Europe. Production capacity at the company’s factory in Finland will be freed to produce ultra high performance tyres. The agreement will be valid until the end of 2005 and after that on a one-year basis.
Motokov UK Ltd is the long-standing importer and distributor of Matador tyres from Slovakia, the UK subsidiary of a Czech company. Its tyre division is a high efficiency, low cost hands-on operation offering a dedicated service for the Matador brand. The King’s Lynn-based operation is perhaps one of the most straightforward tyre import businesses in the country. The tyre division at Motokov is handled by Paul Mills and Steve Eke. Paul has been with Motokov for seven years, Steve for 17. Their sole raison d’etre is to ensure the availability and supply of Matador tyres.The company which has been dealing in tyres for over 30 years, has been the importer of Matador tyres for the past ten years and has recently taken on the agency for Triangle crossply truck tyres and earthmover tyres from China.