Company on release of tires Nokian liquidates business to Russian Federation

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Details opened in Nokian, according to representatives, the producer made a final decision. Leaving is connected with a geopolitical situation in the world, in the second quarter of the current year of Nokian recorded depreciation of the assets at once for 300 000 000 euros. As events further while representatives do not report will develop. Nokian have a plant in Vsevolozhsk, representatives promised to observe all rights of employees according to country laws. Chapter Nokian Moisio's Yukka Moisio noted that the decision on leaving from Russian Federation was given hardly as at the Russian plant works about 1600...
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Yukka Moisio
Last position: President and CEO (Nokian Tyres plc)
Nokian Tyres plc
Main activity:Production of rubber and plastic
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