Russia-Ukraine conflict: Nokian Tyres impacted by EU’s fifth round of sanctions on Russian imports

War In Ukraine

The new sanctions restrict import of tires from Russia as well as export of tire raw materials to Russia

Finnish tire manufacturer Nokian Tyres released a press statement on 11 April discussing new impacts to its tire business after the European Union, on 8 April, imposed a fifth package of economic and individual sanctions against Russia in view of its aggression against Ukraine.

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