NOKIAN RENKAAT OYJ Company Nokian Renkaat Oyj Nasdaq Helsinki
Equities
FI0009005318
Tires & Rubber Products
Business Summary
- manufacture and sales of tires (70.4%): for passenger cars (73% of net sales) and for heavy-duty vehicles (27%);
- distribution of tires (29,2%; Vianor): operating, at the end of 2023, through a network of 174 own service centers in Finland, Sweden and Norway;
- other (0.4%).
At the end of 2023, the group had 2 manufacturing sites located in Finland and the United States.
Net sales are distributed geographically as follows: Nordic countries (57.2%), Europe (19.3%), Americas (22.9%) and other (0.6%).
Sales per Business
| EUR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Passenger Car Tyres
51.4
%
| 1,170 | 65.9 % | 603 | 51.4 % | -48.48% |
Vianor
29.2
%
| 361 | 20.3 % | 343 | 29.2 % | -4.96% |
Heavy Tyres
19.0
%
| 236 | 13.3 % | 223 | 19.0 % | -5.39% |
Other Operations and Eliminations
0.4
%
| 10 | 0.5 % | 5 | 0.4 % | -49.47% |
Sales per region
| EUR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Nordics
57.2
%
| 722 | 40.7 % | 672 | 57.2 % | -7.01% |
Americas
22.9
%
| 315 | 17.7 % | 269 | 22.9 % | -14.59% |
Other Europe
19.3
%
| 303 | 17.1 % | 226 | 19.3 % | -25.36% |
Other Countries
0.6
%
| 0 | 0.0 % | 7 | 0.6 % | - |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
| Chief Executive Officer | 62 | 20-05-26 | |
Niko Haavisto
DFI | Director of Finance/CFO | 52 | 23-09-30 |
Heidi Keltanen
CTO | Chief Tech/Sci/R&D Officer | - | - |
Juha Pirhonen
CTO | Chief Tech/Sci/R&D Officer | 61 | 90-12-31 |
Frans Westerlund
CTO | Chief Tech/Sci/R&D Officer | 58 | 17-07-31 |
| Investor Relations Contact | 53 | 18-04-30 | |
| Corporate Officer/Principal | 53 | 20-08-31 | |
Päivi Leskinen
HRO | Human Resources Officer | 59 | 21-04-30 |
| Corporate Officer/Principal | 56 | 16-03-31 | |
| Corporate Officer/Principal | 49 | 00-12-31 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
| Director/Board Member | 67 | 18-04-09 | |
Jukka Hienonen
CHM | Chairman | 63 | 20-04-01 |
| Director/Board Member | 54 | 21-03-29 | |
| Director/Board Member | 54 | 15-12-31 | |
| Director/Board Member | 56 | 21-03-29 | |
| Director/Board Member | 60 | 16-12-31 | |
Susanne Hahn
BRD | Director/Board Member | 48 | 21-12-31 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 138,921,750 | 117,162,993 ( 84.34 %) | 1,054,507 ( 0.7591 %) | 84.34 % |
Holdings
| Name | Equities | % | Valuation |
|---|---|---|---|
NOKIAN RENKAAT OYJ 0.76% | 1,054,507 | 0.76% | 9,944,592 $ |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
Andel Export-import spol sro
 Andel Export-import spol sro Wholesale DistributorsDistribution Services Part of Nokian Renkaat Oyj, Nokian Tyres sro is a company that distributes Nokian tires in Prague, Czechia. The CEOs are Jari Petteri Huuhtanen, Johanna Maria Horsma, Leena Anneli Kaipainen. The private company was founded in 1992 by Otto Engel. Nokian Tyres was acquired by Nokian Renkaat Oyj on February 08, 2005. |
Wholesale Distributors
|
Vianor Oy
 Vianor Oy Wholesale DistributorsDistribution Services Part of Nokian Renkaat Oyj, Vianor Oy offers a wide range of car and tire services in over a dozen countries. The private company is based in Lappeenranta, Finland. The Finnish company provides services such as tire storage, oil change, and air conditioner service. Vianor's experts are available to assist customers with their needs. The company was founded in 1998. Teemu Sakari Tuuri has been the CEO of the company since 2014. |
Wholesale Distributors
|
Nokian Tyres U.S. Holdings, Inc.
| |
Direnic Oy
 Direnic Oy Investment ManagersFinance Part of Nokian Renkaat Oyj, Direnic Oy provides fund management services. The private company is located in Finland. |
Investment Managers
|
Posiber Oy
|
Sector
Sales per Business
Sales per region
| 1st Jan change | Capi. | |
|---|---|---|
| +14.38% | 29.72B | |
| +7.83% | 26.68B | |
| +42.81% | 7.31B | |
| -18.23% | 3.33B | |
| -13.32% | 3.16B | |
| +21.74% | 3.18B | |
| +35.14% | 3.13B | |
| +21.57% | 2.88B | |
| -11.06% | 2.06B |
