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EU Banning Tyre Imports From Russia to the EU

nokian tyres

Nokian Tyres PLC has announced that it has received information that the EU has announced new sanctions against Russia, including a ban on tyre imports from Russia to the EU.

EU Sanctions on Russian Rubber to Effect Nokian Tyres

Nokian Tyres has confirmed that it is currently studying the newly imposed sanctions in detail, and continues to implement contingency plans. Nokian Tyres PLC is expediting its plans to invest in new production capacity in Europe as communicated on March 30, 2022. 

The company continues to increase production capacity at their factories in Nokia, Finland and Dayton, USA. The Heavy Tyres business of Nokian Tyres PLC is not impacted by the ban to import tyres from Russia to the EU, as all Nokian Tyres heavy tyres are produced in Finland.

About the author

Richard Wilson is the deputy editor for Commercial Tyre Business. Since 2015, Richard has worked as a correspondent for all of the titles across the Valebridge Publications Ltd Group namely: Retreading Business, Tyre & Rubber Recycling, The Tyreman and Truck and Bus News. Richard has worked on/off from the age of 16 for the company and whilst gaining a Bachelor's Degree in Spanish and Business Studies at Coventry University, he developed his writing skills at the University paper and more recently writing his own independent blog.

Contact: richard.wilson@retreadingbusiness.com

Phone: (44) 1270 668 718

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