Tatneft has become the owner of the tire plant formerly operated by the Finnish firm Nokian Tires, located in Vsevolozhsk within the Leningrad region. The change surfaced in the Unified State Register of Legal Entities (EGRLE) with updates recorded on March 24, signaling a new chapter for the plant and its associated operations. Concurrently, the network of tire centers once run under Nokian’s banner, known as Vianor, has been rebranded as Ivanor, reflecting the shift in ownership and branding strategy across the chain.
The acquisition extended Tatneft’s footprint into additional real estate and facility management through its recent purchase of LLC Khakka Invest. This entity holds and administers properties owned or leased by Tatneft, aligning with a broader strategy to integrate property management with industrial assets under one corporate umbrella.
In February, the Federal Antimonopoly Service approved Tatneft’s acquisitions of 100% of the shares in Nokian Tiers LLC, Hakka Invest LLC, and Nokian Tire LLC from Nokian Tires. The transactions totaled 285 million euros, underscoring a significant consolidation of production capacity and related real estate within Tatneft’s corporate portfolio. This move reflects a broader pattern of strategic restructuring in the sector, aimed at strengthening supply chain control and consolidating manufacturing and distribution networks under a single corporate entity.
By mid-2022, Nokian Tires announced its decision to exit the Russian market. Multiple exit scenarios were evaluated, including options that would minimize disruption to operations while preserving critical capabilities. This period marked a transitional phase for the company, as it weighed opportunities and risks associated with continuing to operate in a volatile market environment.
As part of the broader market dynamics, occasions for public exposure of the changes can be found in media reports and business briefings. Recent public-facing content, including videos and company updates, provided informal glimpses into the ongoing transitions and the strategic recalibrations taking place during this period.
Cited reference: TAS.