Nokian Tyres Plc. (NKRKY)

Overview

Nokian Renkaat Oyj is a pioneer in the tire manufacturing industry with a rich heritage dating back to 1898, based in Nokia, Finland. The company has established itself as a formidable entity in the global tire market, enhancing the safety and performance of vehicles across various regions including Finland, the Nordic countries, the broader European landscape, the Americas, and several international markets. Nokian Renkaat Oyj operates its business through three primary segments: Passenger Car Tyres, Heavy Tyres, and Vianor, each catering to distinct needs and markets with a focus on innovation and quality. Through a comprehensive distribution network that spans its own Vianor service centers, partner-operated service centers, Nokian Tyres Authorized Dealer (NAD) partners, other tire and vehicle retailers, wholesalers, distributors, and online stores, the company ensures widespread availability of its products and services.

Products and Services

• Passenger Car Tyres

  This segment of Nokian Renkaat Oyj specializes in the development and manufacturing of high-quality tires for personal vehicles. The product range covers summer, winter, and all-season tires suited for cars and vans, designed to offer optimal performance and safety under varying road conditions.

• Heavy Tyres

  The Heavy Tyres segment attends to the needs of special vehicles by providing tires for forestry machinery, agricultural machinery, tractors, and industrial machinery. In addition to these specialized tires, this segment offers retreading materials and truck tires, showcasing the company's commitment to a broad spectrum of vehicle types and industries.

• Vianor

  The Vianor segment represents Nokian Renkaat Oyj's retail and service arm, engaging directly with consumers through the sale of car and van tires, as well as truck tires, under both the Nokian Tyres brand and other recognized tire brands. Beyond tire sales, Vianor also delivers automotive products and services, providing a comprehensive car care solution. The Vianor network, which includes both company-owned service centers and partner-run centers, ensures that customers receive professional and reliable services and products.