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Continental to Acquire 51 Percent of Matador Rubber Group

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<strong>Continental</strong> <strong>to</strong> <strong>Acquire</strong><br />

<strong>51</strong> <strong>Percent</strong> <strong>of</strong> <strong>Matador</strong><br />

<strong>Rubber</strong> <strong>Group</strong><br />

(Finishing from p. 1)<br />

In 2006 <strong>Matador</strong> <strong>Group</strong> had 4,770 employees<br />

and posted sales <strong>of</strong> approx. €450 million.<br />

“With this strategic alliance we will further<br />

improve the quality and volume <strong>of</strong> <strong>Matador</strong><br />

tire production, open new markets and increase<br />

the value <strong>of</strong> the <strong>Matador</strong> brand. We<br />

are, moreover, also strengthening our position<br />

in Au<strong>to</strong>motive - our second strategic<br />

business. After excellent experiences with<br />

our truck tire joint venture, we are sure that<br />

this partnership will be the best solution for<br />

the future <strong>of</strong> <strong>Matador</strong> and also for our employees,”<br />

said Štefan Rosina, CEO <strong>of</strong> the <strong>Matador</strong><br />

<strong>Rubber</strong> <strong>Group</strong>.<br />

“In combining forces and experience, we will<br />

improve our market positions in Central and<br />

Eastern Europe and get additional sales opportunities<br />

in Russia, Ukraine and the Stan<br />

States. Especially our position in Russia will<br />

be expanded, as we are not only improving<br />

our access <strong>to</strong> the market but getting a production<br />

facility in Omsk as well,” Wennemer<br />

emphasized.<br />

“Operationally we intend <strong>to</strong> integrate <strong>Matador</strong><br />

in<strong>to</strong> our brand portfolio and invest in expanding<br />

annual production capacities for PLT<br />

from 5.5 <strong>to</strong> more than 7 million. This gives us<br />

a highly efficient <strong>to</strong>ol <strong>to</strong> be used against<br />

low-cost competition.” Wennemer added.<br />

The <strong>Matador</strong> machinery fac<strong>to</strong>ry in Puchov<br />

will be integrated in<strong>to</strong> the machinery fac<strong>to</strong>ry<br />

in Hanover-Stöcken as a second pillar. On <strong>to</strong>p<br />

<strong>of</strong> that, <strong>Continental</strong> gets additional capacities<br />

for research and development.<br />

The ContiTech Conveyor Belt <strong>Group</strong> also<br />

stands <strong>to</strong> benefit from the acquisition. “Adding<br />

<strong>Matador</strong>’s business <strong>to</strong> ours makes sense<br />

strategically,” said Gerhard Lerch, member<br />

<strong>of</strong> <strong>Continental</strong>’s Executive Board and responsible<br />

for the ContiTech division. “The<br />

company is very well-positioned in the Eastern<br />

Europe.” With a workforce <strong>of</strong> 160, <strong>Matador</strong><br />

manufactures a wide range <strong>of</strong> textile<br />

belts in Slovakia. The ContiTech Conveyor<br />

Belt <strong>Group</strong> has eight locations in Chile, China,<br />

Germany, Greece, Hungary, India, and Mexico.<br />

With its approximately 2,700 employees,<br />

it posted sales <strong>of</strong> €379 million in 2006.<br />

The <strong>Continental</strong> Corporation is a leading au<strong>to</strong>motive<br />

supplier <strong>of</strong> brake systems, chassis<br />

components, vehicle electronics, tires and<br />

technical elas<strong>to</strong>mers. In 2006 the corporation<br />

realized sales <strong>of</strong> EUR14.9 billion. At present<br />

it has a worldwide workforce <strong>of</strong> around<br />

85,000.<br />

S<strong>to</strong>p at the PNEUBOX<br />

in spring<br />

(Finishing from p. 1)<br />

Miracle called nanotechnology<br />

Among the aluminium disks the PNEUBOX recommends<br />

especially DEZENT A, because <strong>of</strong><br />

nanotechnology used for surface finishing. It<br />

means that they were varnished by special<br />

substance, repulsive against dirt, water or oil<br />

drops. They simply fall <strong>of</strong> the disk. Disks are<br />

therefore more resistant against impurities,<br />

damages and are easier <strong>to</strong> clean. “We have<br />

prepared markers for our cus<strong>to</strong>mer, so they<br />

can draw on disks and become convinced<br />

that this “miracle” is true,” says Madejski.<br />

Furthermore, aluminium disks DEZENT A are<br />

sold for excellent prices only in the PNEUBOX<br />

network.<br />

Oil packages<br />

This special business network prepared for<br />

drivers also another interesting thing in the<br />

form <strong>of</strong> “packages”, which includes mo<strong>to</strong>r oil<br />

Madit, changing <strong>of</strong> the oil and filter - all for<br />

excellent prices. Since not all business points<br />

<strong>of</strong> the PNEUBOX <strong>of</strong>fer changing <strong>of</strong> oil, the<br />

cus<strong>to</strong>mers will get price reduction from the<br />

price <strong>of</strong> the package at the points without<br />

this service.<br />

Extended guarantee – new cus<strong>to</strong>mer<br />

programme<br />

Enumeration <strong>of</strong> advantages <strong>of</strong> the visit in the<br />

PNEUBOX NITRA –<br />

ONE OF THE MOST<br />

UP-TO-DATE PNEU-<br />

SERVICES IN THE<br />

CENTRAL EUROPE<br />

One <strong>of</strong> the most up-<strong>to</strong>-date tyre services in<br />

the Central Europe has been opened and Pneubox<br />

can be proud <strong>of</strong> it! Come in, we are pleased<br />

<strong>to</strong> welcome you in Nitra!<br />

After improving its position in Martin, the Pneubox<br />

fulfilled another promise and opened<br />

great business premises in Nitra. “We have<br />

prepared for cus<strong>to</strong>mers a beautiful glass tw<strong>of</strong>loor<br />

complex consisting <strong>of</strong> retail shop, service<br />

and business <strong>of</strong>fice. Exclusive shop is separated<br />

from the tyre service by glass, so that<br />

cus<strong>to</strong>mers can see their cars and at the same<br />

time they are prevented from injuries,” says I.<br />

Valko, the direc<strong>to</strong>r <strong>of</strong> the Pneubox business<br />

network in Slovakia, contentedly. “New business<br />

premises in Nitra are within the line <strong>of</strong><br />

establishment <strong>of</strong> key areas from the point <strong>of</strong><br />

our business. Nitra is a big catchment area; it<br />

is a region with sufficient number <strong>of</strong> inhabitants,<br />

many car sellers and forwarding agencies.<br />

I do not hide expectations from this busi-<br />

2<br />

MATADORLIFE<br />

Pneubox does not terminate here. With the<br />

beginning <strong>of</strong> summer season this business<br />

networks begins with a new programme for<br />

cus<strong>to</strong>mers called EXTENDED GUARANTEE. It<br />

refers <strong>to</strong> a special guarantee for selected tyres<br />

<strong>of</strong> the brand MATADOR purchased at the<br />

PNEUBOX network, in case <strong>of</strong> unintended<br />

and irrecoverable mechanical damages. It is<br />

a gratui<strong>to</strong>us service provided outside the legitimate<br />

guarantee. It is not limited by number<br />

<strong>of</strong> kilometres. It reduces operational costs<br />

<strong>of</strong> tyres and extends their service life.<br />

Other services for you<br />

As every season, mo<strong>to</strong>rist will find nice atmosphere,<br />

daily press and drinks at the Pneubox<br />

as part <strong>of</strong> the provision <strong>of</strong> services.<br />

They may s<strong>to</strong>re the winter tyres here – treated<br />

and properly s<strong>to</strong>red they will be ready for<br />

another winter. Furthermore, wheels will be<br />

cleaned in a wheelwash. The aim is <strong>to</strong> provide<br />

quality and <strong>to</strong> remove dirt and grease carefully,<br />

thus reducing investments <strong>to</strong> e.g.<br />

equalization. Service life <strong>of</strong> a tyre can be extended<br />

also by proper pumping <strong>of</strong> a tyre by<br />

Secur pneus compound, which secures equal<br />

pressure <strong>of</strong> all tyres, increases comfort <strong>of</strong> drive<br />

and reduces fuel consumption.<br />

And more…<br />

The first 500 cus<strong>to</strong>mers, who purchase 4 pcs<br />

<strong>of</strong> tyres <strong>of</strong> the brand MATADOR MP 43 AQUILLA<br />

EVO will obtain brand waterpro<strong>of</strong> wristwatch<br />

Slazenger - for free!<br />

ness premises.” Also in this case the Pneubox<br />

has a very favourable position. There is an<br />

easy entrance <strong>to</strong> and from the tyre service,<br />

which will be appreciated by drivers with passenger<br />

cars as well as trucks.<br />

“In Nitra we provide complex tyre services for<br />

passenger cars, SUV vehicles and trucks as<br />

well as agro and construction mechanisms<br />

supplemented by car-service as e.g. control<br />

and adjustment <strong>of</strong> geometry, setting <strong>of</strong> lights,<br />

oil change and cleaning <strong>of</strong> air-conditioning.<br />

We have extended opening hours during working<br />

days (from 7 a.m. <strong>to</strong> 6 p.m.) and on Saturday<br />

(from 8 a.m. <strong>to</strong> 1 p.m.) and I am convinced<br />

that we will not disappoint our cus<strong>to</strong>mers,“<br />

says I. Valko.

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