Nokian Tyres back as Swamp Soccer sponsor
It’s Swamp Soccer time again, and Nokian Tyres is ready for two days of boggy fun. The tyre maker returns this year as title sponsor, a status it has now held for more than a decade.
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Nokian Tyres starts trial production in USA
Trial production at Nokian Tyres’ new factory in Dayton, USA has begun with the production of the very first test tyre. Nokian Tyres says the manufacture of the Nokian eNTYRE 2.0 in size 205/55R16 marks the start of a half-year trial period in which “thousands” of tyres will be produced for “testing and machine calibration purposes” prior to the commencement of series production in early 2020.
A million tyre selfies with SnapSkan
In the two and a half years since Nokian Tyres first invited motorists to drive into its SnapSkan machine and take photos of their tyres, a million cars have been through SnapSkan units in Finland and Norway. What Nokian has found upon reaching the seven-digit milestone in May is that a tenth of all drivers are taking a risk by driving on tyres with insufficient tread depth. The issue of insufficient tread depth is more pronounced for summer tyres, the tyre maker adds.
Court confirms sentences for misappropriation of Nokian Tyres’ business secrets
The sentencing of nine former Nokian Tyres employees for the misappropriation of business secrets has been welcomed by both the tyre maker and by Black Donuts Engineering – albeit for different reasons. Both parties now look forward to progressing beyond the case, which has been ongoing since 2011.
Nokian Tyres: Investment in capacity, R&D on schedule
Plans announced over the past year and a half to extend the Nokian Tyres commercial factory in Nokia, Finland and construct a new R&D centre on the site are “taking shape on time”, reports the tyre maker. Nokian expects the R&D facility to be ready this year and for the factory to achieve full capacity in 2021.
Nokian shares progress with rolling resistance reduction
Nokian Tyres says the rolling resistance of its tyres is now eight per cent lower on average than in 2013. It points out that this reduction is the equivalent of exhaust fumes from 65,000 cars.
Nokian Ground Kare – a “good compromise” for excavator applications
A single tyre solution is seldom optimal for all excavator applications, and that is why Nokian Tyres aims to offer a range that covers different surfaces and demands. The latest addition to its line-up is the Nokian Ground Kare.
Nokian Tyres refinances with €100 million sustainability loan
Emit less gas in the workplace, be nice to others, be safe – and save money by doing so. Sound like a good idea? Nokian Tyres thinks it is, so much so that the company has signed a sustainability linked loan agreement with the OP Corporate Bank. The 100-million-euro loan with a five-year term is being used to pay off a similar-sized loan that is due in May.
Nokian Tyres: US factory launch team training in Europe
Following a month of orientation, Nokian Tyres has sent the first group of employees hired for its new factory in the USA on a six-week training experience at its facilities in Russia and Finland. The training trip’s aim is to equip members of the Dayton, Tennessee plant launch team with the skills they’ll need when beginning the production process ramp-up ahead of the start of commercial production in 2020.
TYRES: Nokian Tyres chancing stock exchange symbol
From the start of trading on Monday 20 May 2019, the stock symbol used to represent Nokian Tyres plc on the Nasdaq Helsinki stock exchange will change from NRE1V to TYRES. The tyre maker’s ISIN is FI0009005318.
Nokian Tyres names new SVP for Central Europe
Bahri Kurter has been appointed Nokian Tyres’ new senior vice president, Central Europe. The tyre maker reports that he will take up the position in July 2019 at the latest, joining Nokian Tyres from Groupe SEB, where he was general manager D-A-CH (Germany, Austria and Switzerland). Previously, Kurter served in various leadership positions at Puma, Nike and Procter & Gamble.
Nokian Tyres: Test rigging case referred to Prosecutor’s Office
Finland’s central police agency, the National Bureau of Investigation, has completed its pre-trial investigation related to Nokian Tyres and accusations of tyre test rigging. It has referred the case to the Prosecutor’s Office of Helsinki.
Nokian releasing new flagship winter range for 2019/20
Spring is in the air, and perversely this is perfect time to announce a new winter tyre. Nokian Tyres has shared details of the Nokian WR Snowproof, a range it will release in European markets in time for winter 2019/20.
Nokian Tyres announces 8 new Tractor King sizes
The regency of the Nokian Tractor King has reached a new dimension with the addition of eight new dimensions – these join the seven-size launch portfolio introduced last year. From July 2019, the following sizes, now available for order, will be ready for delivery: 500/65R28; 600/60R28; 540/65R30; 600/70R30; 620/75R30; 600/65R38; 650/85R38; 710/70R42.
Nokian Tyres’ US plant on track for 2020 start
Providing an update on its USA factory project, Nokian Tyres reports it is on schedule to begin producing tyres at the Dayton, Tennessee site in 2020. Progress made so far on the facility’s construction, it adds, has been “significant”.
