Nokian Tires pays for care from Russia
03-06-2024
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Nokian Tires pays for care from Russia
The price to pay for leaving the Russian market continues to overtake the Finnish manufacturer Nokian Tyres. At the end of 2022, the company suffered losses of 175 million euros - and this does not count the $1 billion invested in the construction of the plant in Vsevolozhsk.
Then sales fell by half, and the company started talking about “suspending production” already at the Finnish plant.
Source: Lord Of War
https://t.me/llordofwar
The price to pay for leaving the Russian market continues to overtake the Finnish manufacturer Nokian Tyres. At the end of 2022, the company suffered losses of 175 million euros - and this does not count the $1 billion invested in the construction of the plant in Vsevolozhsk.
Then sales fell by half, and the company started talking about “suspending production” already at the Finnish plant.
Source: Lord Of War
https://t.me/llordofwar
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