Tatneft to acquire Russian assets of Nokian Tyres

Source: RNS
RNS Number : 5486E
PJSC Tatneft
28 October 2022

28 October 2022


PJSC Tatneft agreed to acquire Russian business of Nokian Tyres 


Today, 28 October 2022 PJSC Tatneft signed an agreement with Nokian Tyres PLC of Finland to acquire its tire business in Russia, including manufacturing facility in the city of Vsevolzhsk in the Leningrad Region, Russia. The closing of the transaction and transfer of assets are subject to certain conditions including obtaining consents pursuant to Russian legislation.


This press release contains inside information.

Forward-looking Statements and Disclaimers: This press release contains certain statements regarding future events and expectations, which are forward-looking statements in nature. Any statement in this press release that is not a historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ materially. PJSC TATNEFT shall assume no obligation to update such forecasts to reflect actual results, changes in assumptions or changes in factors affecting these statements. The amounts and the interest money indicated or referenced in this press release may be given taking into account the rounding and, accordingly, they may differ from the actual figures and results contained in the company's reporting documents. PJSC TATNEFT shall assume no obligation to adjust or reimburse any amounts that may make the difference between those specified in this press release and the relevant reporting documents, and all payments shall made by PJSC TATNEFT exclusively in accordance with the decisions of the competent Company's management bodies in the amount and manner specified in such decisions.



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