Nizhnekamskshina cuts production by a third
In the first half of 2026, "Nizhnekamskshina" produced 2.61 million tires, which is 30% less than the previous year, reports "Business Online," citing the company's financial statements.
Nizhnekamskshina's net profit for the reporting period decreased by 22.5%, to 162.8 million rubles, which the company attributes to lower revenue from the sale of goods and services. Revenue in the first half of the year fell by 11.8%, to 5.55 billion rubles, while net debt increased nearly fourfold, to 69.8 million rubles.
Nizhnekamskshina manufactures tires for passenger and commercial vehicles, agricultural and industrial machinery, as well as for quad bikes and bicycles. The product range includes 116 sizes with rim diameters from 10 to 20 inches.
