By Victor Duda
The amount of the agreement will be 400 million euros. Nokian Tyres stopped in June after the Finnish tire giant decided to leave the Russian market. The plant was built in 2005 and produced 80% of all Nokian tires (17 million tires per year), with 60% of products exported. In addition, it became known that the buyer for his Russian assets is looking for Bridgestone.
After a careful study of the situation and interests of employees, suppliers and clients, it was decided to give up business in the Russian Federation. The Japanese company believes that it takes several months. Bridgestone in Ulyanovsk has not been operating since March, and all its staff (900 people) are on paid leave. The company has worked since 2016 and also exported tires. We will remind, earlier their factories in the Russian Federation sold Nissan, as well as Mercedes-Benz and Ford.
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