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Nokian Tyres plc has signed an agreement to sell its Russian operations to Tatneft PJSC. Nokian Tyres announced in June 2022 that it would initiate a controlled exit from Russia. Upon the closing of the transaction, Nokian Tyres ends all its operations in Russia.
Products | July 13, 2022
In 2030, up to 60–70% of new cars will be hybrids or electric vehicles. More and more mid-range, smaller models are being offered, and EVs are becoming an everyday thing.
Company | June 28, 2022
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 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
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' 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.
Sustainability | December 22, 2021
The solar-powered Visitor Center Building at Nokian Tyres’ Spain Test Center has earned LEED v4 Platinum certification for green building leadership.
