Nokian Buys Russian Retreader
Nokian has purchased the Eurobandag retreading plant, situated in St. Petersburg, Russia. Last year, net sales at the plant totalled 0.5 million Euros and the factory retreaded 2,000 truck tyres. Nokian is also re-arranging its retreading materials operations, bringing together the personnel employed at its Vianor retreading plants in Finland, Sweden and Norway under one profit centre.