- (PLX AI) – Nokian Tyres cuts dividend proposal to EUR 0.55 per share from EUR 1.32 per share earlier.
- • Says to expedite its plans to invest in new production capacity in Europe due to Russia's invasion of Ukraine
- • The company continues to increase capacity at its factories in Finland and the US
- • NOTE: Nokian Tyres has more than 70% of its production capacity in Russia currently