Investments and acquisitions

Investments in January−March 2022 amounted to EUR 14.1 million (17.1). Depreciations and amortizations totaled EUR 35.5 million (32.6).

Investments in 2021 amounted to EUR 119.6 million. Depreciations and amortizations totaled EUR 140.5 million. Impairments were EUR 17.0 million.

Acquisitions and divestments

Vianor US network, including ten service centers, was sold in August 2020. Nokian Tyres' products are offered in the US via selected partners. Read more. 

In August 2019, Nokian Heavy Tyres Ltd. acquired Levypyörä Oy, a Finnish heavy equipment wheel company, with annual net sales of approximately EUR 18 million, of which approximately 30% has been sales to Nokian Tyres. Read more.