Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

Nokian Tyres plc, headquartered in Nokia, Finland, produces tyres for cars, trucks, buses, and heavy-duty equipment. Known for its winter tyres, Nokian is the only tyre manufacturer in the world with its own permanent winter tyre testing facility.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
1274
Staff
1600
Capital, mln.USD
974
Glob.Revenue, mln.USD
1812
Assets, mln.USD
977

Finnish Nokian found a buyer for its business in Russia.

The Company Statement
December 19, 2022

28/06/2022 Nokian Tyres initiated ‘controlled exit’ from Russia. Nokian Tyres aims for Q3 decision on new plant to replace Russia production. Nokian Tyres plan new factory in Romania following Russian exit

November 01, 2022Nokian Tyres plan new factory in Romania following Russian exit
October 28, 2022Finnish Nokian found a buyer for its business in Russia
August 02, 2022Nokian Tyres aims for Q3 decision on new plant to replace Russia production
June 28, 2022Nokian Tyres plc initiates a controlled exit from Russia
April 09, 2022Nokian adjusts business amid Ukraine Russia war
June 28, 2022Nokian Tyres’ update on the war in Ukraine
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