New player to enter the domestic tire producing market

The Japanese company will invest $292 million in Poland and plans to launch production in 2001. Stomil-Olsztyn, owned by French firm Michelin and claiming a 57% market share, and Debica, owned by U.S. firm Goodyear, are currently the only two tire makers in Poland. Stomil Poznan acquired a 28.8% stake in Bridgestone/Firestone and leased its Poznan plant to the firm for production. The company will produce 10,000 tires daily. (Puls Biznesu, page 4)