Amtel-Vredestein N.V. is engaged in operating tyre manufacturing and distribution business. The Company includes a number of tyre production facilities located in Russia and in Netherlands. The plant produces a range of tyres for a range of vehicles, including passenger cars, trucks, agricultural and military vehicles, and bicycles. The distribution business of the Company includes a number of retail outlets and a wholesale division. The products of the Company are distributed in Russia, the Netherlands and other countries. On March 27, 2008, the Company completed the sale of its wholly owned subsidiary CJSC Moscow Tyre Plant-M. In June 2009, the Company filed to the Moscow Arbitration Court a petition in bankruptcy.