Bridgestone, the world’s largest tyre and rubber manufacturer, has become the majority shareholder of A.R.S, one of the biggest players on the Slovak tyre market. The combined potential of both companies will guarantee the stable growth of A.R.S. and will give customers access to best quality products and highest level of services.
Banská Bystrica-based A.R.S. spol. s r.o. is active on the market since 1992. The company has gradually developed to being a leader in providing solutions for fleet customers reducing their total tyre-related costs. The company operates nationwide; it has one retread shop and 8 service locations that will operate under the” Bridgestone Partner” umbrella.
“Bridgestone and A.R.S. are two leading companies that share common history in the consumer and commercial tyre market. I believe that our reach, experience and commitment to our customers and employees will help us to further build this strong organization with a lot of potential for both sides,” said Antonio Iannetta, Commercial Business Unit Director Bridgestone East Europe.
A.R.S will also become part of the Bridgestone’s Bandag retreading network which is an essential step for their service strategy to maximize the fleet’s tyre life and casing asset management. The combination of the strengths and technical expertise of both A.R.S and Bridgestone will boost its presence on the Slovak commercial tyre market.
“Joining the Bridgestone Group gives A.R.S. and its employees new opportunities to further develop our dedicated professional service and strengthen our values. We look forward to work with the Bridgestone team for a successful transition and collaboration,” said Mr. Miroslav Kostiviar, founder and shareholder of A.R.S.
“Slovakia has many advantages for foreign investors, such as growing economy, favourable geographical location, skilled labour and a major centre for car manufacturing. Moreover, partnering up with a local leading dealer is consistent with our European strategy to strengthen Bridgestone’s long term footprint on the tyre service channel, promoting the entrepreneurship of our partners and investing in retreading with our Bandag Franchisees. This partnership confirms our joint integrated approach – new, retread and services - which are the key elements of Total Tyre Care – the program to reduce operating costs for fleets.” comments Steven De Bock, Commercial Business Unit Director, Bridgestone Europe.
About Bridgestone Europe
Bridgestone Europe (BSEU), with European headquarters in Brussels, Belgium, is a key regional subsidiary of Tokyo-based Bridgestone Corporation, the world’s largest manufacturer of tyres and other rubber products. Bridgestone Europe operates an R&D center, 8 plants and offices in more than 30 European countries, with over 13,000 employees. BSEU’s premium tyres are sold both within Europe and globally.