Inside information: Nokian Tyres has received the payment for the sale of its operations in Russia
Nokian Tyres plc, Inside information, March 16, 2023 at 6.00 p.m. Nokian Tyres has received the sales price of EUR 285 million from PJSC Tatneft for the sale of its operations in Russia. The total permissible transaction price defined by the Russian Governmental Commission was 23,050 million ruble. The RUB/EUR exchange rate as determined by the Russian Central Bank on the day of payment was applied. After registration formalities in Russia, the transaction will be completed, and Nokian Tyres’ operations in Russia will end. “Due to the war in Ukraine it was no longer feasible nor