What happens when the best in their field come together to form a new force? They produce expertise, innovative products and excellence. Groundbreaking cord-cutting and extrusion technologies enable tyre manufacturers worldwide to customise tyres for today’s mobility and tomorrow’s demands. Fischer TireTech’s firm emphasis on quality, safety and most importantly, sustainability makes them the manufacturers’ preferred choice of the future. The merger of KE Fischer and Konštrukta-TireTech drives the world of tyres into the future – keeping the tyre world rolling!

From 2025, well-established companies Karl Eugen Fischer and Konštrukta-Tiretech join forces under a new name and logo. As Fischer TireTech, it offers an entire portfolio of machinery, technology expertise and services for tyre production to the international leaders of tyre producers.

More than 600 enthusiastic engineers, developers, machine builders, service technicians and project managers are joining forces on a global scale.

Their established locations throughout the world, with cutting equipment in Germany, extrusion equipment in Slovakia, service and spare parts available globally, as well as their affiliates in US, China and India, they are more than ready to meet customer needs.

TWO BECOME ONE: NEW BRAND, DOUBLE THE EXPERTISE, MAXIMUM PERFORMANCE

Following the merger in 2022, Karl Eugen Fischer and Konštrukta Tiretech have completed the last step in the course of strategic realignment. By combining expertise, technical competence and resources, Fischer TireTech is now able to respond to the needs of tyre manufacturers in an even more customer-oriented manner.

Fischer TireTech Management Board (from L to R): Detlef Knorr, Dr Kristijan Bauer, Marcel Drgala and Tilo Heinen

“Fischer TireTech merges KE Fischer’s technology leadership in cord cutting machines with Konštrukta-TireTech’s innovative extrusion equipment for the tyre industry – we share the same values and engineering mindset. By joining forces together, we open up exciting new opportunities to advance how tyres are being produced. We will work as a preferred development partner for new production technologies and as a supplier of leading-edge machine equipment. Our after-sales technicians located nearby will help our customers to maximise their efficiency in production,” says Dr Kristijan Bauer, CEO.

The year 2025 marks a new chapter, with Fischer TireTech entering the market as a new, unified power, unfolding a better visibility of the two divisions and more guidance for the field. Operating as solely one main partner to the customer. Unifying Employees across the globe with a shared company identity and synergies that will directly benefit the customers. A fresh start into an era of global cohesion.

WHAT DRIVES FISCHER TIRETECH?

Fischer TireTech is driven by its relentless customer focus and orientation to enable customers to produce high-quality, safe tyres with unique designs that strengthen their brand success. By adhering to the highest standards for skill and performance, the company sets ambitious goals and always prioritises customer needs, reflected in the company’s vision and mission. Fischer TireTech envisions to be a global leader in cord-cutting and extrusion technologies. As a trusted partner to the tyre industry, it helps customers create the best, safest and most sustainable tyre manufacturing solutions for global mobility. Hence, it takes on the task of supporting its partners with advanced machinery and expertise. By working closely with customers, it provides custom production lines, introduces new machinery and offers training to ensure outstanding efficiency and success in tyre production.

NEW JOINT VENTURE IN INDIA

Utilising synergies creatively to produce one-of-a-kind solutions is one of Fischer TireTech’s preferred ways of responding to customer needs and market requirements. One of the main priorities for the future is to strengthen its international market position. To this end, Fischer TireTech will enter into a joint venture with Dawnsun, a long-term Indian business partner, which has close business ties in the tyre industry in India. The aim is to expand the global market position and to leverage joint benefits for customers.

WHAT THE MARKET AND CUSTOMERS CAN EXPECT FROM FISCHER TIRETECH

Fischer TireTech is committed to being the reliable and innovative partner for the tyre industry worldwide – now and into the future. As the technology and market leader in cutting and extrusion technologies for tyre manufacturing, Fischer TireTech supports customers around the world in creating new opportunities to deliver the highest quality, safest and most sustainable tyres for global mobility. The merger has expanded the product portfolio, maximised service and doubled innovation, flexibility and creativity.

Trust and team spirit are hallmarks of Fischer TireTech. Focusing on maintaining and expanding our competencies for the future, shaping the key focus on the 2025 agenda: precisely prioritising customer needs, innovation and environmental sustainability to drive the world of tyres into the future.

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The rollout of GST 2.0 marks a defining moment in India’s economic journey – a reform that may well prove even more consequential than the original introduction of the Goods and Services Tax. Especially for a sector like tyres, the recent reduction in (GST) on tyres is far more than just a change in numbers. It is a transformative step that touches every wheel turning on India’s roads – from a farmer’s tractor to a trucker’s long-haul trailer and from a commuter’s scooter to a construction vehicle powering the nation’s infrastructure.

For years, tyres were taxed at 28 percent – the highest GST slab, clubbed with luxury and demerit goods. This categorisation never truly reflected the essential role tyres play in our everyday lives. Tyres are not a luxury. They are a fundamental enabler of mobility, supporting the movement of people and goods across cities, towns and villages. By bringing GST rates on tyres down to a more rational level, the government has addressed a long-standing anomaly and set the stage for widespread benefits across the economy.

The most visible impact of this move will be felt on the ground – literally. Lower GST means more affordable tyres for all users. Especially for transporters and fleet operators, tyres account for a significant chunk of vehicle running costs. A reduction in tax translates into lower replacement costs, freeing up working capital and improving operational margins. Farmers, small traders, delivery personnel, service providers, transporters – every segment that relies on mobility will feel this relief.

India has been working hard to bring down logistics costs, which are believed to be about 13–14 percent of GDP – much higher than global benchmarks. Tyres have a direct bearing on vehicle operating efficiency, fuel consumption and maintenance schedules. When tyres become more affordable, operators can replace tyres on time, and run vehicles more efficiently.

This naturally leads to lower logistics costs. Reduced logistics costs ripple across the value chain, helping industries move goods faster and at lower cost. This aligns perfectly with India’s ambition to become a more globally competitive manufacturing and trading hub.

Tyre industry’s story is not just urban – it’s deeply rural as well. Tractor tyres, power tiller tyres and tyres for animal-drawn vehicles are integral to the agricultural economy. A reduction in GST brings meaningful relief to farmers and small cultivators who rely on these tyres for their daily operations. By easing this cost, the government has extended direct support to rural mobility and agricultural productivity – an often underappreciated but critical outcome of this reform.

One of the most powerful yet often overlooked impacts of this decision lies in road safety. Worn-out tyres are a major cause of road accidents, particularly on highways. High replacement costs often lead to tyres being used well past their safe life.

With lower GST making new tyres more accessible, both individual motorists and commercial fleet owners are more likely to replace tyres on time, keeping vehicles safer and reducing accident risks. This complements the government’s broader road safety agenda, making highways not just faster but safer for everyone.

For the Indian tyre industry, which is one of the largest in the world, this reform is a game changer. It creates a more balanced tax structure, supports better cash flow, improves compliance and strengthens the competitiveness of domestic manufacturers. It will also encourage investment and capacity expansion, enabling the industry to serve growing domestic demand and tap export opportunities more effectively.

The GST reduction on tyres is a strategic, forward-looking policy decision that will benefit the entire mobility ecosystem. It acknowledges the essential role tyres play – not just as a product, but as a critical enabler of transportation, logistics, rural livelihoods and road safety.

As this reform takes root, its positive impact will be felt by consumers, businesses, farmers and industries alike. The tyre industry, represented by ATMA, welcomes this move wholeheartedly and remains committed to working alongside the government to strengthen India’s journey towards affordable, efficient and safe mobility for all.

The author is Director General of the New Delhi-based tyre industry association, Automotive Tyre Manufacturers’ Association (ATMA).The views expressed here are personal.

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WACKER has earned the 2025 Gold Medal from the independent rating agency EcoVadis, marking its continued recognition for sustainable practices and responsible corporate governance. This distinction places the company within the top five percent of all businesses assessed by EcoVadis (over 1,000 companies globally). WACKER's overall score improved from 77 points (in 2024) to 79 points, driven largely by enhanced reporting and concrete actions focused on Scope 3 emissions and ethical standards.

The EcoVadis assessment measures the quality of a company’s sustainability management through a methodology grounded in international frameworks like the Global Reporting Initiative, the UN Global Compact and ISO 26000. Performance is scored from 0 to 100 across four core areas: environment, labour and human rights, ethics and sustainable procurement, using 21 specific indicators.

In line with its commitment, WACKER provides its EcoVadis evaluation to customers as a standardised and credible validation of its sustainability efforts. The company has also defined ambitious climate targets, aiming to halve its absolute greenhouse gas emissions by 2030 relative to 2020 levels. Progress is already evident, with a 30 percent reduction achieved as of 2024. Looking further ahead, WACKER strives to reach net-zero emissions across its operations by the year 2045.

Peter Gigler, Head of Corporate ESG, WACKER, said, “The result confirms our initiatives in many key areas. It provides our customers with invaluable proof.”

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Balkrishna Industries Ltd (BKT Tires), a global leader in off-highway tyre manufacturing, has appointed Craig Borman as Head of OTR at BKT USA. The appointment is in line with BKT’s long-term strategy through 2030.

Borman brings with him 20 years of experience across off-road equipment, tyres and rubber tracks. He will play a key role in leading BKT USA's OTR team and expanding the company's presence in this market while increasing awareness of the value and dependability of BKT's range of products.

Borman said, “I’m extremely excited to join the BKT family and to build off the successes that this team has already achieved. I look forward to engaging with our partners, determining how we can accelerate our mutual growth and working towards achieving BKT’s vision of being a recognised leader in the OTR segment.”

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The Supervisory Board of Continental AG confirmed a significant leadership transition during its meeting on 17 December 2025. Christian Kötz will be appointed as the new Chairman of the Executive Board and Chief Executive Officer, effective 1 January 2026. He succeeds Nikolai Setzer, who will step down from the Executive Board on 31 December 2025. Setzer's departure follows more than 16 years as a board member, including the last five years in the CEO role, and occurs by mutual agreement as the company reaches a pivotal point in its strategic evolution.

This planned change in leadership aligns with the substantial progress Continental has made in its transformation into a pure-play tyre company. Major structural milestones have been achieved, including the spin-off of Aumovio and the signing of an agreement to sell the Original Equipment Solutions (OESL) business area. Regarding the planned 2026 sale of ContiTech, internal preparations are largely complete. The market outreach phase has concluded, and a structured sales process is scheduled to begin in January 2026, setting the stage for the final step in the corporate realignment.

Kötz’s extensive background within the tyre business, dating back to 1996, positions him to lead this final phase. A member of the Executive Board since 2019, his previous leadership roles within the Tires group sector included responsibility for the passenger car tyre replacement business in the EMEA region, the original equipment and commercial vehicle tyre business units and global research and development for passenger car tyres. His many years of trusted collaboration with Nikolai Setzer are expected to ensure continuity during the transition.

Kötz will lead an Executive Board comprising several key figures. Alongside him and Philip Nelles, who has headed the ContiTech group sector since 2021, are Roland Welzbacher and Ulrike Hintze. Welzbacher joined the board in August 2025 and assumed the role of Chief Financial Officer on 1 October 2025. Hintze was appointed to the board on 1 July 2025, serving as Chief Human Resources Officer and Director of Labour Relations. This board will be responsible for driving the tyre business forward, completing the corporate realignment and, following the sale of ContiTech, integrating the remaining group functions into the tyre organisation.

Wolfgang Reitzle, Chairman of Continental’s Supervisory Board, said, “Nikolai Setzer has been instrumental in shaping Continental, realigning the organisation and paving the way for three strong, independent companies. For this, he has the thanks of the entire Supervisory Board as well as my personal gratitude. With this handover, we are consolidating responsibility for the tyre business, the realignment and the remaining tasks of the group functions in one role. Christian Kötz is one of the most distinguished managers in the global tyre industry. With his extensive experience and passion for Continental, we firmly believe he is the right choice to lead the company successfully into the future.”

Setzer said, “In recent years, we have succeeded in transforming a diverse portfolio of businesses into three strong, independent champions. After 28 years at Continental, now is the right time for me to hand over responsibility to Christian Kötz. I’m extremely grateful for the journey we’ve all shared and proud of what we’ve all achieved together. I firmly believe that the tyre business, ContiTech, Aumovio and OESL have a promising future ahead.”

Kötz said, “I would like to thank the Supervisory Board for its trust and am excited about this new responsibility. Continental has been my professional home for three decades. Together with the Executive Board team and all colleagues throughout the company, we will complete the realignment and continue the success story of our tyre business.”

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