Nokian Tyres Acquires Industrial Property in Nokia, Finland
Nokian Tyres has acquired the entire share capital of the industrial property at Pirkkalaistie in Nokia, Finland from a real estate company Nokian Portti Oy. The total floor area of the building is approximately 27,000 square meters (290,626 square feet) and is directly connected to Nokian Tyres’ headquarters and factory, according to the company. After
Nokian Tyres North America Leader Competes in Ironman in Finland
Nokian Tyres North America Senior Vice President Mark Earl is in Finland this weekend to compete in the Nokian Tyres Ironman 70.3 event.
Nokian Tyres to Build R&D Center in Finland
Nokian Tyres announced it has plans to build a new research and development center in Nokia, Finland in 2019.
Nokian Tyres CEO to Participate in Ironman 70.3 Finland
Nokian Tyres Ironman 70.3 Finland race will feature Nokian employees and partners, including Nokian Tyres’ President and CEO Hille Korhonen and the company’s brand ambassador, two-time F1 champion Mika Häkkinen.
Millbrook Group Expands Test Site in Finland
Millbrook Group has announced an expansion of its Test World site in Finland.
Hankook Opens Winter Tire Test Center in Finland
Hankook Tire Co. has officially opened its European winter tire testing facility in Ivalo, Finland.
Michelin Buys Tire Test Center in Finland
The Michelin European Technology Centre has acquired the “Fox Farm” artic test center in Ivalo, Finland, in order to “reinforce its testing and approval operations for winter tires for passenger cars, vans and trucks,” according to a Tyres & Accessories report. Michelin has operated the site for more than 20 years on an exclusive basis,
Goodyear Opens Finland Winter Tire Testing Center
The Goodyear Tire & Rubber Co.’s Goodyear Dunlop (EMEA) group opened its new winter tire testing facility, deemed the “Arctic Center,” in Ivalo, Finland, on Dec. 8. The track is leased from Action Park, a company that specializes in winter go-kart experiences and other winter driving programs. Goodyear will hold exclusive access to the track
Nokian Tyres Owes Back Taxes in Finland
Nokian Tyres has received a reassessment decision from the Finland tax administration, stating the tiremaker is obligated to pay 26.9 million euros in back taxes. Nokian plans on disputing the reassessment. Nokian owes the government 16 million euros in additional taxes and 10.9 million in punitive tax increases and interests for the 2007 tax year.
70 Layoffs Coming to Nokian’s Finland Plant
Nokian Tyres reports that on May 10 it entered into statutory negotiations affecting around 70 employees at its facility in Nokia, Finland. In a press statement, the tiremaker says approximately 10 office employees and 60 blue-collar employees are involved in “adjustment measures” that include changing some of the rotating shift lay-offs initiated in January 2009