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EU Banning Tyre Imports From Russia to the EU

EU Banning Tyre Russia
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 Dayto...

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