CGS invests in Slovenia
Prague, 25 October 2012 – CGS HOLDING a.s. has acquired the rubber manufacturing division Savatech. Savatech makes motorcycle tyres, rubber compounds and components for home appliances and the automotive industry, among others. Savatech has eight sales subsidiaries, and in 2011 it had consolidated revenues of €123.2 million. CGS’s consolidated sales were €537.1 million in 2011.