Going, going, gone: Nokian Tyres has left Russia
With the sale of its Russian operation to Tatneft completed, Nokian Tyres has crossed the border back into Finland (Photo: Tyrepress / Stephen Goodchild) In a stock exchange release published this morning, Nokian Tyres plc confirms it has completed the sale of its operations in Russia to vertically integrated oil and gas company PJSC Tatneft after finishing local registration formalities. The Finnish company has “now ended all its operations in Russia,” but this doesn’t mean that the Nokian name will immediately disappear from this market.
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