16 Mar 2023 20:09

Nokian Tyres receives 285 mln euros from Tatneft for Russian tire business

MOSCOW. March 16 (Interfax) - Nokian Tyres has received 285 million euros from Tatneft for its tire business in Russia, the Finnish company said in a statement.

"After undergoing registration formalities in Russia, the transaction will be completed and Nokian Tyres' operations in Russia will cease," the statement said.