“The management of the Russian company Nokian Tires prepared and submitted to the board of directors of the concern a proposal on the future format of the company’s operation in Russia in an autonomous mode,” TASS quotes Andrey Pantyukhov, CEO of Nokian Tires in Russia.

It is noted that the Nokian Tires plant in Vsevolozhsk will continue to work.

Earlier it became known that Nokian Tires decided on a controlled exit from the Russian market.

Press Secretary of the President of Russia Dmitry Peskov said that foreign companies are interested in returning to the Russian market and are waiting for the moment to “reverse entry”.