Nokian to open retail chain in Russia

Helsinki–Nokian Tyres has said its Vianor retail chain has opened 2 tyre retail outlets in Russia, and plans to extend this to 30 outlets during this year.

The first two outlets are in Rostov and St. Petersburg. In a statement, Nokian said, “Nokian Tyres will invest approx. EUR 10 million in establishing own Vianor outlets in Moscow and St. Petersburg. It is the target to open a total of 30, mainly franchising based Vianor outlets in Russia during 2005. Mr. Juri Melnik, a former importer of…

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