Nokian Renkaat to expand new Russia plant

Newswire

HELSINKI, Sept 23 (Reuters) - Finnish tyre maker Nokian Renkaat said on Friday it will expand its new tyre plant in Russia, and awarded the 21.5 million euro ($26.1 million) building deal to Finnish firm YIT . Nokian Renkaat raised its production volumes target for the Vsevolozhsk plant this year to about 300,000 tyres from over 200,000 tyres it had estimated on Thursday. Nokian, which inaugurated the plant on Thursday, said construction would will begin immediately and be completed by ...

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