Mon March 15 12:30 pm 2004 in category Stock exchange releases
Nokian Tyres plc Stock Exchange Release 15 March 2004 9.30 a.m.
NOKIAN TYRES IN RUSSIA
Nokian Tyres concentrates in Russia in selling A-segment Nokian branded tyres and in building its own tyre factory. The company has started a process with the target to terminate the operations of its Russian JV company Amtel-Nokian Tyres, which was established to sell Nordman branded B-segment tyres.
In order to further strengthen the distribution and sales network of A-segment tyres, Nokian Tyres has established a logistic centre in the Moscow area.
Nokian Tyres plc
Raila Hietala-Hellman
Vice President, Communications and IR
Further information: Mr. Kim Gran, President and CEO, tel. + 358 3 340 7336
Distribution: HEX and major media
NOKIAN TYRES IN RUSSIA
Nokian Tyres concentrates in Russia in selling A-segment Nokian branded tyres and in building its own tyre factory. The company has started a process with the target to terminate the operations of its Russian JV company Amtel-Nokian Tyres, which was established to sell Nordman branded B-segment tyres.In order to further strengthen the distribution and sales network of A-segment tyres, Nokian Tyres has established a logistic centre in the Moscow area.
Nokian Tyres plc
Raila Hietala-Hellman
Vice President, Communications and IR
Further information: Mr. Kim Gran, President and CEO, tel. + 358 3 340 7336
Distribution: HEX and major media