M&A Activity • Mar 30, 2023
M&A Activity
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Disclosure 430867
Nokian Tyres plc Stock Exchange Release March 30, 2023 at 9:00 a.m. Nokian Tyres plc has completed the sale of its operations in Russia to PJSC Tatneft after finishing the registration formalities in Russia. Nokian Tyres has now ended all its operations in Russia. Further information: Päivi Antola, SVP, Communications, Investor Relations and Brand, tel: +358 10 401 7327 Investor relations:[email protected] Media enquiries:[email protected] Nokian Tyres develops and manufactures premium tires for people who value safety, sustainability and predictability. Our purpose is to empower the world to drive smarter. Inspired by our Scandinavian heritage, we craft innovative products for passenger cars, trucks and heavy machinery that give you peace of mind in all driving conditions. Our Vianor chain provides tire and car services. In 2022, our segments net sales totaled EUR 1,350 million. At the end of 2022 we employed some 4,500 professionals. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com.
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