Nokian Tyres in brief

Nokian Tyres in brief

Nokian Tyres develops and manufactures premium tires for people who value safety, sustainability and predictability

Our purpose is to empower the world to drive smarter. Inspired by our Scandinavian heritage, we craft innovative products for passenger cars, trucks and heavy machinery that give you peace of mind in all driving conditions. In 2022, our segment's net sales totaled $1.4 billion USD. At the end of 2022 we employed some 3,300 professionals. Nokian Tyres is listed on Nasdaq Helsinki. 

Business areas

We develop and manufacture high-quality tires for passenger cars, vans and trucks. We are especially well known for our innovative winter tires, while we are also developing competitive summer and all-season tire ranges. As one of the world's leading manufacturers of heavy special tires, we focus on selected segments, such as forest, agricultural, harbour and mining machinery. Our group also includes the Vianor chain, specialising in vehicle maintenance and tire services.

Market areas

Nokian Tyres is a strong brand especially in the Nordic countries and Eastern Europe, while Central Europe and North America are growth markets for us. Our innovative and pioneering products, high-quality services and strong distribution network help us increase our market share in growth regions. In the long term, we want to operate on all significant winter tire markets.

Production

Nokian Tyres is growing our presence in North America in response to rising consumer demand in the U.S. and Canada. Since 2019 we've been making tires in Dayton, Tennessee, where our award-winning factory is a strategic growth factor for us in North America. Nokian Tyres' winter tires are produced in Nokia, Finland.

History of Nokian Tyres

Nokian Tyres plc was founded in 1988 and the company’s roots go back all the way to 1898, when Suomen Gummitehdas Oy, or Finnish Rubber Factory, was established.

1898
The Finnish Rubber Works is founded
1934
The world’s first winter tire for trucks, The Weather tire
1995
Nokian Tyres plc shares float on the Helsinki Stock Exchange
2015
The world’s first winter tire with wet grip and fuel efficiency in the EU tyre label’s best A class
2020
Nokian Tyres’ third factory started production in Dayton, US
2021
Testing began at the Nokian Tyres Spain Test Center
2022
Pure safety with Hakkapeliitta R5 non-studded winter tire
2022
Decision to invest in completely new capacity in Europe