Nokian Tyres
Rudolf Perner is now heading up Nokian Tyres’ operation in a number of Central European markets. The company recently reported that as managing director of Nokian Tyres GmbH, Perner took on responsibility for operations in Germany, Austria, Switzerland, Denmark and the Netherlands as of 1 August 2020.
Finnish prosecutors have decided to press charges against six former members of the Nokian Tyres plc board as well as past president & chief executive officer Ari Lehtoranta; all were associated with the company in the period between 2015 and 2016. It additionally intends to impose a corporate fine upon the company, to a maximum of 850,000 euros. The prosecutor has also decided to press charges for suspected abuse of insider information against four persons who were employees of Nokian Tyres in 2015. In a statement supplied to Nasdaq Helsinki yesterday, Nokian Tyres stresses that “all persons charged deny their involvement in any criminal activity”
Nokian Tyres has launched the Intuitu agricultural tyre monitoring system (introduced at Agritechnica 2019) in Finland. Nokian Tyres Intuitu uses sensor-equipped smart tyres and a smartphone app to get tyre pressure and temperature data on your phone. Nokian Tyres has launched the Intuitu agricultural tyre monitoring system (introduced at Agritechnica 2019) in Finland. Nokian Tyres Intuitu uses sensor-equipped smart tyres and a smartphone app to get tyre pressure and temperature data on your phone.
As Nokian Tyres reported earlier in the year, it selected Adrian Kaczmarczyk to succeed Esa Eronen as senior vice president of Supply Operations following the latter’s retirement. He officially commenced in this new role on Tuesday after gradually familiarising himself with the company and its business during the past half-year, and also joins the tyre maker’s management team.
Nokian Tyres’ mission statement is to provide motorists with “peace of mind in all conditions,” and Central Europe region SVP Bahri Kurter says Nokian is taking the “all conditions” aspect literally. Interest in products beyond its established winter business has grown in recent years and driven the launch of new summer tyres such as the Powerproof and Wetproof. Now Nokian Tyres is turning its attention to the growing all-season segment.
Nokian Tyres has sold its Vianor US business to Oregon-based Point S member Gills Point S Tire. The transaction covers ten Vianor service centres, with all current Vianor US service centre employees will be taken on by Gills Point S Tire & Auto Service.
As of 24 August, Tytti Bergman is no longer Nokian Tyres’ senior vice president, People and Culture. The tyre maker shares that Bergman has left the company “to pursue other career opportunities.” Tarja Kaipio, vice president, Human Resources, has stepped into the position on an interim basis until a permanent successor is appointed.
Nokian Tyres has extended its Nokian E-Truck range with an option for mid-sized trucks and buses that primarily operate in regional and city traffic. New 17.5-inch tyres will be available from the second half of 2020 as steer or drive axle fitments.
Nokian Tyres has reported second quarter 2020 net sales of 270.7 million euros. In the comparative period 2019, this figure was 415.7 million euros. Therefore, the Finnish company’s second quarter net sales were 30 per cent lower than this time last year.
Nokian Tyres’ new Dayton, USA manufacturing plant has been awarded ISO 9001 certification. The certification requires companies to meet specific quality management system requirements and thus affirms the company’s commitment to premium quality.
The demands placed upon tractor tyres are evolving. In addition to field work, the volume of transport tasks and time spent on the road has increased significantly in recent years. This trend presents a challenge for tyre designers as field and road applications are very different by nature. Nokian Tyres approached this challenge with a new kind of hybrid pattern technology that aims to offer the best of both worlds, combining a field-ready lug pattern with a block pattern to improve on-road properties. But does it work in practice? The Faculty of Agriculture, Department of Agricultural Engineering at Germany’s Kiel University put the Nokian Ground King tyre through its paces to find out.
Nokian Tyres reports that the shutdown which began on 27 March in response to COVID-19 ended on Monday 27 April with the reopening of its factory in the USA. Some plant employees have returned to work for the start of a phased reopening process. The company’s factory in Russia resumed production on 6 April.
It’s almost two years since the reign of the Nokian Tractor King began, and this regally-titled agricultural tyre range has more than doubled in size since coming to market. It is growing again in 2020 with the addition of a dimension that Nokian Heavy Tyres says expands the tyre family’s potential even further.
Nokian Tyres has announced a dividend of 0.79 euros per share for the 2019 financial year, paypayble 17 April 2020. In addition, the company’s Board of Directors is authorised to approve an additional dividend payment of up to 0.79 euros per share “at a later stage when Nokian Tyres is able to make a more reliable estimate on the impacts of the COVID-19 to the company’s business.” This authorisation is valid until the company’s next Annual General Meeting.
Nokian Tyres has appointed Jukka Hienonen chairman of its Board of Directors. Kari Jordan is deputy chairman.
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