Newsroom / Nokian Tyres

Building the new Nokian Tyres – Back to EUR 2 billion growth track

“We are ready to build the new Nokian Tyres and take on the ambitious targets we have set for ourselves,” said Jukka Moisio, the President and CEO of Nokian Tyres in the Capital Markets Update in late April. Nokian Tyres has set new long-term financial targets and is aiming to reach EUR 2 billion net sales with strong profits during the next five years. Read more about the CEO’s views on the company’s growth plan and ambitions for the future.

Sustainability | February 15, 2023

RENEWABLE RUBBER MADE FROM RESIDUE BIRCH BARK IS THE WINNER OF NOKIAN TYRES’ SUSTAINABILITY INNOVATION CHALLENGE

At the Nokian Tyres FAST RACE, BIG CHANGE sustainable tire innovation challenge finals in Lapland this January the jury awarded Reselo AB from Sweden with the winning place.

Company | November 1, 2022

New tire factory to Romania: The first zero CO2 emission factory in the tire industry

Nokian Tyres will build a new passenger car tire factory to Romania - the first zero CO2 emission factory in the industry. The first tires are estimated to be produced in the second half of 2024 and commercial tire production is expected to start in early 2025.

Company | June 28, 2022

Nokian Tyres initiates a controlled exit from Russia

Nokian Tyres’ Board of Directors has today decided to initiate a controlled exit from the Russian market. Due to the war in Ukraine and the subsequent, tightening sanctions it is no longer feasible nor sustainable for Nokian Tyres plc to continue operations in Russia.

Company | June 21, 2022

NOKIAN TYRES IS PREPARING FOR THE FUTURE BY PURCHASING PROPERTY IN NOKIA, FINLAND

Nokian Tyres is buying three hectares of land in Nokia, Finland. The property’s location in the immediate vicinity of Nokian Tyres' headquarters and Nokia factory enables synergies in future development projects.

Investors | June 17, 2022

NOKIAN TYRES PLC RAISES ITS NET SALES GUIDANCE FOR 2022

The war in Ukraine and resulting sanctions cause significant uncertainty to Nokian Tyres operating environment. Nokian Tyres net sales and segments operating profit in 2022 are expected to decrease significantly compared to 2021.

Innovations | January 26, 2022

NOKIAN TYRES INTRODUCES A CONCEPT TIRE MADE WITH 93% OF RECYCLED OR RENEWABLE MATERIALS

Nokian Tyres' goal is that by the year 2030, 50% of all the raw materials used in its tires will be recycled or renewable. The Nokian Tyres Green Step concept tire is a testament to the ingenuity of Nokian Tyres R&D.

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Building the new Nokian Tyres – Back to EUR 2 billion growth track