Many of the company’s competitors have announced temporary suspension of operations in Russia, including firms like Continental, Michelin and Bridgestone. Finland-based tyre manufacturer Nokian Tyres said on Tuesday that it plans to increase production levels at its domestic and US factories but will continue production of passenger vehicle tyres atContinue Reading

Natural gas supplies do not constitute a weak point for Lithuania but the country’s dependence on Russian electricity is a major problem, which is why it is necessary to synchronize the country’s electricity grids with those of the West as soon as possible, Lithuania’s European Commissioner Virginijus Sinkevicius has said.Continue Reading