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Nokian Tyres: ‘strong volume & profit growth’ in H1 2021

The difference a year can make. Almost 12 months to the day after reporting an operating loss of 13.7 million euros for the first half of 2020, Nokian Tyres has announced achieving an operating profit of 126.1 million in the six months to 30 June 2021 with an earnings per share of 0.72 euros. It achieved this result on the back of net sales that were up 37.7 per cent year-on-year to 758.0 million euros. Nokian Tyres notes that when looking at comparable currencies, net sales increased by 41.5 per cent.

3rd August 2021/by Stephen

Nokian Tyres producing 24/7 in the USA

International News

Nokian Tyres has added a fourth production shift at its North American factory in Dayton, Tennessee, and is now producing tyres around the clock at its 2019-opened facility. The switch to 24/7 production coincides with the Dayton plant’s ISO 14001 certification.

26th July 2021/by Stephen

Nokian adds to Hakkapeliitta TRI range

Contractors who operate tractors in regions where winters are harsh rely on tyres that provide grip in varying conditions, such as the Nokian Hakkapeliitta TRI. Nokian Heavy Tyres has expanded this range with the addition of two 65-series sizes, 540/65R28 and 650/65R38. A total of 29 dimensions are now available.

24th June 2021/by Stephen

Derail uneven tyre wear: Nokian Ground Kare Semi-Slick

Railways are typically best suited to vehicles with metal wheels, and a backhoe is thus not on home turf in such an environment. It requires a tyre able to cope with driving over thin metal rails, something which can cause uneven wear and shorten tyre life. Nokian Tyres says it has been perfecting a specific tyre for railway use for several years and is now introducing the Nokian Ground Kare Semi-Slick. With this new tyre, the manufacturer says it “solves many problems that were previously typical when using a backhoe loader on railroads.”

15th June 2021/by Stephen

Nokian Tyres installs solar plant at Finnish logistics centre

Company News, International News

Nokian Tyres has equipped its logistics centre in Nokia, Finland with solar power capabilities. The plant consists of 3,160 solar panels with a combined output of more than 1,100 kilowatts (kW). All electricity generated by the solar panels is used by the logistics centre, including to provide lighting and ventilation.

10th June 2021/by Stephen

Nokian Tyres starts testing at Spain Test Center

Tyre testing has commenced at the new Nokian Tyres Test Center in Santa Cruz de la Zarza, Spain. The tyre maker is utilising all ten tracks at the site, including the ‘crown jewel’, a seven-kilometre oval track circling the facility.

12th May 2021/by Stephen

Safety award for Nokian Heavy Tyres

Trade association the Chemical Industry Federation of Finland has awarded Nokian Heavy Tyres Ltd during its annual Safety Awards ceremony, which took place yesterday. It honoured Nokian in the large companies category, acknowledging the tyre maker’s senior management for their strong commitment to improving safety.

14th April 2021/by Stephen

Nokian Tyres ramping up car tyre capacity in Finland

Nokian Tyres is increasing production capacity for passenger car tyres at its factory in Finland approximately 30 per cent by adopting a four-shift production schedule. To accommodate this capacity increase, it will hire around 70 new workers for passenger car tyre production in Nokia, Finland. Recruiting begins immediately and four production shifts will be in action by the start of August at the latest.

7th April 2021/by Stephen

Nokian Tyres: corporate sustainability report

Nokian Tyres has published its Corporate Sustainability Report 2020, which it states was prepared “in accordance with the GRI (Global Reporting Initiative) Standards” and verified by an independent third party. The Corporate Sustainability Report describes Nokian Tyres’ work on sustainability actions in 2020 in terms of product liability and safety as well as social, economic, and environmental responsibility.

17th March 2021/by Stephen

Nokian Tyres: Lower sales & earnings in 2020

Jukka Moisio is “extremely proud” the Nokian Tyres team’s response to the challenges it faced in 2020. But no amount of pride can compensate for sales and income lost due to lockdowns and other restrictions. As expected, the Finnish tyre maker reported reduced sales and earnings for the year.

12th February 2021/by Stephen

Nokian to introduce 100% renewable, recyclable concept tyre by 2025

Finnish manufacturer Nokian Tyres says it wants to develop and present a concept tyre entirely produced from renewable and recycled tyres by 2025. It hasn’t yet shared specific project details, but it appears this 100 per cent eco-friendly concept may well be a winter tyre. Nokian’s announcement creates this impression, at any rate.

28th January 2021/by Stephen

Nokian Tyres introduces flexible shift model at Finnish car tyre plant

A new contract covering the workforce at the Nokian Tyres plant in Finland will allow for more flexible working hours in 2021. Nokian Tyres says the contract covers approximately 400 people engaged in various functions related to car tyre production and “enters into effect immediately.” The contract remains in force until the end of the year.

22nd January 2021/by Stephen

Päivi Leskinen to become Nokian Tyres’ SVP of HR

Nokian Tyres has appointed Päivi Leskinen its senior vice president of Human Resources. Leskinen will begin in this position and joint the Nokian Tyres management team in May 2021 at the latest.

18th January 2021/by Stephen

Nokian Tyres renews studded winter tyre range

International News, Product News

Winter is the season when Nokian Tyres comes into its own, which is fitting for the world’s northernmost tyre manufacturer, and the company is renewing its comprehensive and versatile range of studded winter tyres. At the beginning of 2021, Nokian is introducing its new flagship products: the Nokian Hakkapeliitta 10 studded tyre for passenger cars and SUVs. A special new addition to this product family is a dedicated version for electric vehicles and hybrids. For the first time, Nokian Tyres is also introducing a model especially tailored for the Russian market: the Nokian Hakkapeliitta 10p studded tyre.

4th January 2021/by Chris

Nokian adds to Ground King range

Matti Immonen/Nokian Tyres)

The realm of the Nokian Ground King is growing thanks to the addition of new sizes. By January 2021, Ground King will rule over 20 subjects, with dimensions available for most medium and high-power tractors.

11th December 2020/by Stephen