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

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Nokian Tyres plc Company Release June 15, 2018, 10:00 a.m.

Nokian Tyres plc is increasing its production capacity for passenger car tyres at the Nokia factory by approximately 30% by starting to run in four shifts. With this capacity increase, more than 80 new people will be hired for passenger car tyre production in Nokia. Recruitment will begin immediately and employment relationships will start from September onwards, with an emphasis on the end of the year. Production will run four shifts at the latest in the beginning of 2019.

- Our growth strategy requires increasing production. Nokian Tyres has experienced strong growth, and our goal is to continue on this path by doubling our North American business and growing our business in Central Europe by 50% over the next five years. At the same time, we want to ensure our continuous market leadership in the Nordic countries and Russia, says Hille Korhonen, President and CEO of Nokian Tyres.  

Nokian Tyres’ passenger car tyre production in Nokia is currently running three shifts five days a week. In the future, the factory will run four shifts six days a week.

Nokian Tyres plc

Päivi Antola
Vice President, Corporate Communications and Investor Relations

Further information: Esa Eronen, Vice President, Supply Chain & Sustainability, tel. +358 10 401 7281

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

Distribution: media and www.nokiantyres.com

Nokian Tyres is the world’s northernmost tyre manufacturer and one of the most sustainable companies in the industry. We offer peace of mind in all conditions by developing high-quality, safe and eco-friendly tyres for passenger cars, trucks and heavy machinery. We are especially well known for our innovative winter tyres. Our group also includes the Vianor chain, specialising in vehicle maintenance and tyre services. In 2017, the company’s turnover was approximately EUR 1.6 billion and it employed some 4,600 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com  

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