Nokian Tyres plc Overview
Company Headquarters: Nokia, Finland
Workforce: ~4,600
Founded: 1898
Company Working: Nokian Tyres plc is engaged in manufacturing tires for different types of applications. It has production plants in Finland and Russia. The company offers winter tires, summer tires, non-studded tires, studded tires, and all-weather tires, for passenger car, off road vehicles, and heavy-duty vehicles. Currently, it is developing electric car tires with low rolling resistance. These tires will help the vehicle travel a further distance with a single charge and have a lower environmental impact as they comply with the EU’s tire labeling. The tires are rated ‘A’ in terms of fuel efficiency. In 2017, the company announced that it planned to increase its production capacity by 50% by investing approximately USD 79.1 million in its factory in in Nokia, Finland over the next three years.
The company has wide network of subsidiaries, which includes Nokian Reifen AG, Nokian tires s.r.o., Goss Tire Corporation, Nokian Tyres, Inc., Nokian Dekk AS, Nokian Tyres Sàrl, Nokian TYRES U.S. Holdings Inc., University Wholesalers, Inc., and Nokian Heavy Tyres Oy. some of its major competitors are Michelin, Bridgestone Corporation, The Goodyear Tire & Rubber Company, and Continental AG.



