BRIEF-Nokian Renkaat sees slow Russian mkt recovery

Thu May 7, 2009 2:43am EDT
 
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HELSINKI, May 7 (Reuters) - Finnish tyre maker Nokian Renkaat (NRE1V.HE) said in its first-quarter results slides on Thursday:

* Says "basic scenario" for Russia car sales is drop of 40-45 pct y/y in 2009

* Says Russian mkt to start to recover in 2010, growth to strengthen in 2011-2012

 

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