Nokian Tyres Annual Report and Sustainability Report for 2023 have been published.
ANNUAL REPORT 2023
Nokian Tyres as an investment - Governance - Financials - Share - Calendar - Releases - Contact
Nokian Tyres AGM was held in Helsinki on April 30, 2024.
READ MORE FROM agm website
Interim Report for January–March 2024 was published on April 29, 2024.
Nokian Tyres' future direction is clear. Learn more about our growth strategy and targets.
STRATEGY
The first zero CO2 emission factory in the tire industry
Nokian Tyres started the construction of its new passenger car tire factory in Romania in spring 2023. The first tires are estimated to be produced in the second half of 2024. Commercial tire production starts in 2025. The factory will be the first zero CO2 emission factory in the industry.
"This investment is a significant strategic decision enabling our future growth. A world-class manufacturing facility in Europe is a key step in getting additional capacity and creating a balanced manufacturing platform,” says Jukka Moisio, President and CEO of Nokian Tyres."
The annual capacity of the factory will be 6 million tires with an expansion potential in the future. The total investment is estimated to be approximately EUR 650 million, which is among the most valuable investments in Romania in the recent years.
Nokian Tyres is investing in profitable growth with the aim of achieving EUR 2 billion in net sales while committing to delivering sustainable shareholder value.
Address:
Nokian Tyres plc
P.O. Box 20
(Visiting address: Pirkkalaistie 7)
FI-37101 Nokia
Päivi Antola, SVP, Communications, Investor Relations and Brand
Tel. +358 10 401 7327
email: [email protected]
Annukka Angeria, Senior Manager, Investor Relations and Strategic Project Communications
Tel. +358 10 401 7581
email: [email protected]
