Russian market still Nokian's largest, but its significance continues to shrink

摘要

Russia has become Nokian Tyres' problem child. Although the country is home to two tyre plants that service export markets and contribute to the company's margins, sales of Nokian products in Russia and the CIS have more than halved within the space of four years. In 2015 alone, the region's turnover fell by 34 per cent.