No Russia clarity for Nokian Tyres

Anyone listening to the Nokian Tyres conference call on Tuesday in the hope of gaining insights into negotiations with Tatneft were sorely disappointed. More than 3 months after Nokian announced the sale of its Russian operations for around 400 million euros, fundamental aspects of the deal are still completely opaque. Jukka Moisio, president and CEO of Nokian Tyres, brought no clarity to the subject.