Nokian Tyres has published its Half Year Financial Report January−June 2024.
READ MORE
Nokian Tyres as an investment - Governance - Financials - Share - Calendar - Releases - Contact
Nokian Tyres AGM was held in Helsinki on April 30, 2024.
agm website
Explore our Annual Report 2023 to find out more about the highlights of the year.
Annual report 2023
Learn more about ous sustainability performance in 2023.
The first zero CO2 emission factory in the tire industry
Nokian Tyres’ new passenger car tire factory being built in Oradea, Romania produced its first tire on July 1. The milestone was reached as planned, and the building project is progressing in budget and on schedule for commercial tire production to start in early 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]
