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Nokian Renkaat Oyj TYRES.HE · EUR

Consumer Discretionary · Nasdaq Helsinki · 🇫🇮 Finland

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14.15

-0.56%

Close of 9 Nov 2026, in EUR

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About Nokian Renkaat Oyj

Its shares trade on Nasdaq Helsinki under the ticker TYRES.HE. It has been listed since 1 June 1995. In the fiscal year to 31 December 2025, it reported revenue of €1.37bn and a net loss of €15.0m. At that date it held total assets of €2.31bn and shareholders' equity of €1.16bn.

Nokian Renkaat Oyj engages in the manufacture of tyres. The company is headquartered in Nokia, Lansi-Suomen. The firm diversifies its activities into three main business segments: Passenger Car Tires, Heavy Tires and Vianor. The Passenger Car Tires business segment comprises the development and production of summer and winter tires for cars and vans. The Heavy Tires business segment comprises tires for forestry machinery, special tires and agricultural machinery, tractors and industrial machinery. The Vianor business segment is specialized in car maintenance and tyre services. The tyre products cover all sorts of tyres for passenger cars, vans and trucks, as well as heavy specialist machinery. In addition to Nokian Tyres’ products, Vianor also represents and sells other tyre brands. The firm diversifies its activities into six geographical segments: Finland, Sweden, Norway, Russia and the CIS (Commonwealth of Independent States), Other Europe and North America.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Auto Components
Listed since
1 Jun 1995
Employees
5,157

Leadership

Pay as last reported

  • Mr. Jukka HienonenIndependent Chairman of the Board€127,600
  • Mr. Paolo PompeiPresident, Chief Executive Officer
  • Mr. Jari HuuhtanenInterim Chief Financial Officer, Member of the Management Board
  • Ms. Elisa ErkillaSenior Vice President - Legal and Compliance, General Counsel, Member of the Management Board
  • Mr. Tommi AlholaSenior Vice President - Passenger Car Tyres, Central Europe, Member of the Management Board
  • Mr. Tron GulbrandsenSenior Vice President - Passenger Car Tyres, Nordics, Member of the Management Board
  • Mr. Lauri HalmeSenior Vice President, Vianor, Member of the Management Board
  • Mr. Adrian KaczmarczykSenior Vice President - Supply Operations, Member of the Management Board
  • Mr. Jukka KasiSenior Vice President - Products and Innovations, Member of the Management Board
  • Ms. Paeivi LeskinenSenior Vice President - Human Resources, Member of the Management Board
  • Mr. Christopher OstranderSenior Vice President - Passenger Car Tyres, North America, Member of the Management Board, since 2021€95,600
  • Ms. Elina BjoerklundIndependent Director€85,800

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
81
Environment
81
Social
99
Governance
62
Direct emissions (scope 1)
15,195 t
Energy emissions (scope 2)
28,840 t
Value chain emissions (scope 3)
7,642,987 t
Women in the workforce
19.1601%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Nokian Tyres plc is renowned for manufacturing high-quality tires that provide excellent grip, durability, and safety. Their products are trusted by customers worldwide.
  • Nokian Tyres plc has established a strong brand reputation over the years. Their commitment to delivering reliable products has earned them a loyal customer base and increased market recognition.
  • Nokian Tyres plc specializes in producing winter tires, which are known for their exceptional performance in snowy and icy conditions. Their expertise in developing innovative winter tire technologies sets them apart from competitors.

Weaknesses

  • As a company primarily focused on winter tires, Nokian Tyres plc faces the challenge of depending heavily on seasonal demand. This can lead to fluctuations in revenue and profitability throughout the year.
  • Nokian Tyres plc has a relatively limited geographic presence compared to some of its competitors. Expanding into new markets could provide growth opportunities but may also come with challenges.

Opportunities

  • The global demand for tires is expected to rise due to the growing automotive industry. Nokian Tyres plc can capitalize on this opportunity by expanding its market reach and meeting the needs of customers worldwide.
  • With an increasing emphasis on road safety, Nokian Tyres plc can position itself as a preferred choice for customers looking for reliable and safe tire options. By highlighting their commitment to safety, they can attract more customers and gain a competitive advantage.

Threats

  • The tire industry is highly competitive, with numerous global and local players vying for market share. Nokian Tyres plc must continually innovate and differentiate its products to stay ahead of the competition.
  • Changes in raw material prices, such as rubber and petroleum, can significantly impact Nokian Tyres plc's production costs. Fluctuations in these prices can pose a threat to the company's profitability.
  • The company's performance may be influenced by macroeconomic factors such as economic downturns, currency fluctuations, and trade regulations. Adapting to these external factors is crucial for maintaining stability and growth.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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