Investments and acquisitions

Investments in January−June 2021 amounted to EUR 39.3 million (87.5). Depreciations and amortizations totaled EUR 68.1 million (90.3).

In 2020, investments amounted to EUR 149.9 million. This included construction of the new US factory and the test center in Spain, and production investments in Heavy Tyres.

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.