They are one of the least expensive and most effective ways to make your car safer in winter. This guide will teach you what you need to know about snow tires.
Nokian Tyres has signed an agreement to sell its Russian operations to Russian oil producer Tatneft PJSC for 400 million euros ($398.7 million), the Finnish company said on Friday. At the end of June, Nokian Tyres said it would initiate a controlled exit from the Russian market due to Russia's war in Ukraine. The company, which used to make 80% of its passenger car tyres in Russia, has been operating in the country since 2005.
CEO of the Russian unit Andrei Pantyukhov said the local company had submitted a proposal to the board of directors that would allow it to continue autonomous operations in Russia. "The board of directors may also look at other potential solutions as part of a controlled exit from the market," he said in a statement.