Nokian Renkaat Oyj. Stock Analysis TYRES.HE

Nokian Renkaat Oyj engages in the manufacture of tyres. The company is headquartered in Nokia, Lansi-Suomen and currently employs 4,601 full-time employees. 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 geographical segments: Finland, Sweden, Norway, Other Europe and North America.