Nokian Tyres increases production at the Finnish factory, running four shifts

Nokian Tyres plc Company Release March 29, 2021, 2:00 p.m.

Nokian Tyres plc is increasing its production capacity for passenger car tires at the Finnish factory by approximately 30% by starting to run in four shifts. With this capacity increase, approximately 70 new people will be hired for passenger car tire production in Nokia, Finland.

The recruiting begins immediately and will be executed by the Nordic Agency. Production will run four shifts at the latest in the beginning of August 2021. The flexible working hours contract covering passenger car tire production in 2021 has been extended to last until the end of 2022. The contract ensures job security: during the contract period, there will be no layoffs or terminations of employment due to financial or production-related reasons.

“Demand for tires in our main markets has grown during the end of last year and the beginning of year 2021. We will continue developing the Finnish factory and increase capacity and staff for the production of passenger car tires. With these actions, we want to ensure the availability of our new successful products also in the future. I am very pleased that we are able to have these positive solutions that benefit both our employees and our customers,” Executive Vice President Manu Salmi says.

Passenger car tire production in Nokia is currently running three shifts five days a week. After the recruiting, the factory will run four shifts six days a week.

Nokian Tyres plc

Päivi Antola
SVP, Corporate Communications and Investor Relations

Investor relations:
ir@nokiantyres.com, tel. +358 10 401 7581 

Media enquiries:
media@nokiantyres.com, tel. +358 10 401 7912

More information on the vacancies: www.nokiantyres.com/company/jobs/

Nokian Tyres develops and manufactures premium tires for people who value safety and sustainability. Inspired by our Scandinavian heritage, we craft innovative products for passenger cars, trucks and heavy machinery that give you peace of mind in all driving conditions. Our Vianor chain provides tire and car services. In 2020, the company’s net sales were EUR 1.3 billion and it employed some 4,600 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com