Nokian Renkaat Oyj
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Paolo Pompei
- Full Time Employees
- 3,959
- Sector
- Consumer durables
- Industry
- Automotive aftermarket
- Address
- Pirkkalaistie 7 Nokia PI Finland 37101
- IPO Date
- Jun 1, 1995
- Website
- nokiantyres.com
- Similar Companies
- Business
- Nokian Renkaat Oyj develops and manufactures premium tires primarily for passenger cars, trucks, vans, and heavy machinery, with a strong emphasis on innovative winter tires alongside competitive summer and all-season tire ranges. The company offers a comprehensive product portfolio including tires for SUVs, forestry machinery, agricultural machinery, tractors, and industrial machinery. It operates through three main business segments: Passenger Car Tyres, Heavy Tyres, and the Vianor tire and car service chain, which includes tire retail and vehicle maintenance services. Nokian Renkaat markets its products globally, with a presence in the Nordics, Europe, North America, and other international markets, supported by production facilities in Finland, the United States (Dayton factory), Romania, and others. Founded in 1988 and headquartered in Nokia, Finland, the company also focuses on sustainability through partnerships to use renewable and fossil-free raw materials, such as those with UPM and Resilof. Recent strategic developments include the launch of the industry’s first award-winning smart tire technology with load-sensing capabilities, expansion of production capacity with a 25% increase planned by 2027 from the Dayton factory, organizational restructuring to enhance global manufacturing efficiency and marketing efforts, and targeted growth in the Central European and North American markets. The company reported net sales of approximately EUR 1.3 billion in 2024 and continues to invest in operational excellence and brand development across key regions. Nokian Renkaat is recognized as a leading tire manufacturer in Scandinavia and continues to develop innovative tire technologies while expanding its global footprint and service network through Vianor.
Company News
Nokian Renkaat Oyj (NKRKY) Q2 2026 Earnings Call Transcript
Who Has the Worst Roads in North America? Nokian Tyres Invites Drivers To Vote
Nokian Renkaat Oyj (NKRKY) Discusses Launch and Strategic Significance of New Studded Winter Tire Transcript
A New Era of Winter Driving Begins: Nokian Tyres Launches Entirely New Type of Studded Winter Tire That Automatically Adapts to Changes in Temperature
Nokian Renkaat Oyj (NKRKY) Analyst/Investor Day Transcript
Nokian Tyres Offers Chance To Win Tickets to 2026 IIHF Ice Hockey World Championship
Nokian Renkaat Oyj (NKRKY) Q4 2025 Earnings Call Transcript
Short Interest in Nokian Renkaat Oyj (OTCMKTS:NKRKY) Increases By 34.1%
Nokian Renkaat Oyj (NKRKY) Q3 2025 Earnings Call Transcript
Nokian Renkaat Oyj (NKRKF) Q2 2025 Earnings Call Transcript
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Nokian Renkaat Oyj (NKRKF) Q1 2025 Earnings Call Transcript
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Nokian Renkaat Oyj (NKRKF) Q4 2024 Earnings Call Transcript
Nokian Renkaat: Production In Romania Is Set To Start
Nokian Renkaat Oyj (NKRKF) Q3 2024 Earnings Call Transcript
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