Nokian Heavy Tyres Ltd. completes change negotiations in Nokia factory, Finland

Nokian Tyres plc Press Release May 29, 2024, at 12:00 p.m. EEST

Nokian Heavy Tyres Ltd. has completed the change negotiations which commenced on May 27, 2024, and concerned the Nokia factory employees of Nokian Heavy Tyres Ltd. As a result of the negotiations all Nokia factory employees of Nokian Heavy Tyres Ltd., altogether some 160 people can be temporary laid off for a maximum period of 90 days per person. The layoffs will be implemented during the end of 2024 and the first quarter of 2025. The completed change negotiations do not concern the employees of the Nokia factory's passenger car tire production.

The target of the negotiations, which were initiated due to productional and financial reasons, was to adapt production to the current market and demand situation.

More information: Manu Salmi, Managing Director, Nokian Heavy Tyres Ltd., tel. +358 50 364 8692 on Wednesday May 29, 2024, at 12.30-13.00 p.m. EEST

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