Production of tires for the new budget brand Credo will be launched at the Ikon Tyres plant in Vsevolozhsk, Leningrad Oblast (the former site of Finnish Nokian Tyres). The car tires will be manufactured on the same equipment as Ikon, said the company's CEO Andrey Pantyukhov.

The new C-segment brand will compete with Chinese products. Production will immediately launch 3 lines: summer, studded, and friction tires with a wide range of sizes.

Ikon Tyres plans for Credo to meet the main market needs. Initially, the brand will be focused on Russia, and in the future, the tires may be exported. The official presentation of Credo is scheduled for October 23.

The manufacturer is also developing the premium segment. Ikon Tyres introduced the high-speed tire Autograph Ultra 5 and its SUV version. In 2027, the company will launch the Ikon Magnitar tire for crossovers and the Autograph Eco C4 for commercial vehicles.

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