Olexandr Antipov, Lugans’k governor and Yevhen Kharin, regional council deputy assistant, had a meeting with the Ambassador Extraordinary and Plenipotentiary of Finland in Ukraine Krister Michelsson and Nikian Tyres officials.

The blockpatterned Nokian TRI 2 is a reliable partner for modern-day farmers and equipment contractors. Good grip, high load-bearing capacity and a pleasant driving feeling facilitate contractors' routines throughout the year.

The Nokian Forest Rider, designed for CTL (cut-to-length) forestry machines, is the first functional radial tyre for professional forestry use. The size range of the tyre, which has won over users with its driving comfort, durability and supreme traction, will now expand.

Continued strong sales growth, clear improvement in profits.
The Group’s net sales were up by 22.6% to EUR 530.3 million (EUR 432.5 million in the corresponding period 2007). Operating profit increased to EUR 128.6 million (EUR 89.2 million), and EPS rose to EUR 0.80 (EUR 0.57). In 2008 the company is positioned to achieve strong growth in sales and to outperform the previous year’s results.

Nokian Tyres is reportedly partnering with Immo Industry Group and Aladdin Group to develop its distribution operation in Ukraine.

For the first time in three years, a foreign tire-maker may build a plant in Russia. The U.S. company Goodyear is considering a $200-250-million project in Yaroslavl Region to produce up to 5 million car tires a year.

Goodyear is reportedly considering building a five million unit tyre production plant in the Yaroslavl region of Russia, at a cost of between $200-250 million.

A joint venture between Finnish tyre maker Nokian and Kazakh company Ordabasy will build a tyre plant in the Central Asian state by 2009, an Ordabasy executive told Reuters late on Tuesday.

Cooper Tire & Rubber Co.’s March recall of light truck tires includes Hercules and Pro Comp models produced by the tiremaker.

Finland-based tyre manufacturer Nokian Tyres is planning to open a new Vianor retail outlet in the city of Almaty, Kazakhstan.