Nokian Tyres to sell Russian operations to Tatneft for EUR400 million
Discontinuation of tire supply from its Vsevolozhsk factory is expected to adverse impact sales in Central Europe for the next 2-3 years
Finnish tire manufacturer Nokian announced via press release on 28 October that it had signed an agreement to sell its Russian operations to Russian oil and gas company Tatneft PJSC for EUR400 million.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
