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

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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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