Nokian Tyres Plc ADR(NKRKY)OTC US
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Profile
Nokian Tyres PLC offers products and expertise such as winter tires, SUV tires, forestry and forest tractor tires, and winter tires for trucks and buses. The Company owns factories in Nokia, Finland and Vsevolozhsk, Russia as well as contract manufacturing in Indonesia, China, Slovakia, India, Spain, and the US. The Company markets serve the Nordic market. The car tires business unit offers products including studded and non-studded winter tires, high-speed and ultra-high-performance summer tires. Key markets include the Nordic countries, Russia, and other CIS countries. Other tire products include tires for forestry machinery, special tires for agricultural and industrial machinery. The Company's heavy tires are sold in the original equipment and replacement markets. It often cooperates with the machinery and equipment manufacturers, and key markets for heavy tires include Central and Southern Europe, the US, and Canada. The truck tire unit is involved in product development and sales of truck tires and retreading materials. Also, the Vianor tire chain consists of over 500 sales outlets located in over 15 countries, either owned or franchised by Nokian. The Vianor chain sells car and van tires, as well as truck tires, including the Nokian and other brands. The product range also features other automotive products and services, such as rims, batteries, and shock absorbers. Vianor also provides tire change, installations, oil change, and other fast fit services.