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 Class victory, a podium and many emotions beim ADAC Total Energies 24h-Rennen Nürburgring

Class victory, a podium and many emotions beim ADAC Total Energies 24h-Rennen Nürburgring

The ADAC TotalEnergies 24h Nürburgring was the declared season highlight for the Team Giti Tire Motorsport by WS Racing and the unique event more than lived up to the high expectations. With a class win and a podium finish, the team was absolutely convincing from a sporting point of view. But what counts even more is the great team spirit of the squad, which was newly assembled in winter, and which mastered all difficulties in the race with flying colors.

Giti Tire Announces US$ 1 Million Grant to Support Blue Economy in Indonesia

Giti Tire Announces US$ 1 Million Grant to Support Blue Economy in Indonesia

Giti Tire announced a US$ 1 million grant to support the blue economy strategy in Indonesia. This grant has generated an additional anonymous matching gift of US$1 million, these grants will be allocated to a new Indonesian foundation, Konservasi Indonesia, which has been working with the national and provincial governments and several local marine communities to sustain marine and fisheries resources. The grant fund will support the development of innovative blended-finance mechanisms and marine protected areas that will provide long-lasting benefits for the nation's economy, food security, and biodiversity. With three-quarters of its territory at sea, oceans are vital for the Indonesian economy and welfare. Indonesia’s marine biodiversity is unparalleled and stored in Indonesia’s mangrove and seagrass are significant amounts of blue carbon. The Government of Indonesia has been leading on a blue economy strategy that includes promoting local livelihoods and protecting marine and coastal ecosystems protection and restoration. “We appreciate the support from Giti Tire and other partners to realize the Government’s ambitious blue economy vision in Indonesia. Our ocean ecosystems throughout the vast archipelago underpin the country’s economy, livelihoods, and food security. There are emerging opportunities for value creation that is linked with marine protection”, said Meizani Irmadhiany Executive Chair of Konservasi Indonesia. Executive Chairman of Giti Tire Company Dr. Enki Tan said that achieving a blue economy requires effective partnerships at multiple levels, including private sector leadership. He said that Giti has significant operations in Indonesia, and the Giti Group is thrilled to support this effort as part of its commitment to the natural environment. "With its roots in Indonesia going back more than 70 years, Giti Tire funds conservation and sustainable development projects and has worked with environmental organizations to preserve Indonesia's critical ecosystems. We are excited to work with Konservasi Indonesia and other partners in the country to realize a blue economy strategy that will benefit the Indonesian people", said Dr. Tan. About Giti Tire Giti Tire Group (headquartered in Singapore) has roots in the tire business going back to 1951. Giti Tire produces a broad range of tire products, serving major original equipment vehicle manufacturers, auto-service outlets, motorsports teams, tire dealers, and consumers in more than 130 countries worldwide. The company has eight production centers in three countries, including a newly opened tire factory in South Carolina, USA. In addition, Giti Tire is strongly committed to supporting community and environmental causes, including its long-standing partnership with Conservation International. About Konservasi Indonesia Konservasi Indonesia is a national foundation that supports the sustainable development and protection of critical ecosystems in Indonesia. We envision a healthy and prosperous country, where critical landscapes and seascapes are valued and maintained for the long-term benefit of the Indonesian people.

Giti Is Ranked Within The Top Ten The Most Valuable Tire Brands

Giti Is Ranked Within The Top Ten The Most Valuable Tire Brands

Giti is one of the ten most valuable and strongest brands in the tire segment worldwide, according to the Brand Finance Tires 15 2022 report, released at the end of February. This is the first time that the company appears in the ranking and the result underscores the efficiency of the strategies adopted in the last two years to overcome the problems resulting from the Covid19 pandemic.