Finnish tyre producer Nokian Tyres plans to increase its output in Russia by 50% on the year to 9m tyres this year.
Andrei Pantyukhov, director general of the company’s Russian division, told reporters that the company plans to launch the 10th production line with a production capacity of 1.5m tyres per annum at its plant near St Petersburg.
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The plant’s production capacity is expected to reach 14m tyres per year in 2012.
The company is also considering adding another plant in Russia.
