After passing the bureaucratic procedures, the company’s activities in our country will be completed.
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Finnish Nokian Tires received 285 million euros from Tatneft for the sale of its tire business in Russia.
The results of the transaction will be disclosed in the report for the first quarter on April 25, 2023.
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*This material was created by a person who has the status of a foreign agent in the Russian Federation.
In February, the Federal Antimonopoly Service approved Tatneft’s acquisition of its shares in Nokian Tyres LLC, Hakka Invest LLC and Nokian Tires LLC from Nokian Tires. These assets also include a plant in the city of Vsevolozhsk (Leningrad Region).
Nokian Tires announced that it was leaving the Russian market at the end of June this year. We considered several options for the development of events, including activities in the “autonomous mode” and the continuation of the production of dynes at the plant in Vsevolozhsk.
However, later it was decided to completely get rid of the business.
A little earlier it became known that the network of tire centers Vianor, owned by Nokian, was renamed Ivanor.
“Behind the wheel” can now be watched on RuTube
Source: TASS
Photo: Nokian tires, Unsplash
