Nokian Tyres has equipped its logistics centre in Nokia, Finland with solar power capabilities. The plant consists of 3,160 solar panels with a combined output of more than 1,100 kilowatts (kW). All electricity generated by the solar panels is used by the logistics centre, including to provide lighting and ventilation.
Finnish prosecutors have decided to press charges against six former members of the Nokian Tyres plc board as well as past president & chief executive officer Ari Lehtoranta; all were associated with the company in the period between 2015 and 2016. It additionally intends to impose a corporate fine upon the company, to a maximum of 850,000 euros. The prosecutor has also decided to press charges for suspected abuse of insider information against four persons who were employees of Nokian Tyres in 2015. In a statement supplied to Nasdaq Helsinki yesterday, Nokian Tyres stresses that “all persons charged deny their involvement in any criminal activity”
Due to the COVID-19 outbreak and the uncertainty it has created within the automotive and tyre market, the Board of Directors of Nokian Tyres plc has decided to withdraw the company’s financial guidance for 2020 that it published on 4 February 2020. Due to the prevailing uncertainties, the Board is not in a position to give a new guidance.
Victory has gone to Nokian Tyres in both the studded and non-studded categories of the winter tyre test conducted by Finnish publication Tekniikan Maailma (World of Technology). The test of 12 studded size 205/55 R16 tyres and eight non-studded 205/55 R16 tyres appeared in issue (17/2015) and saw the Nokian tyres pitted against a range of premium, mid-range and budget tyres.
No less than 15 tyres took part in the 2015 summer tyre test carried out by Finnish trade publication Tekniikan Maailma (World of Technology). Size 205/55 R 16 tyres from premium, mid-range and budget manufacturers were fitted to a VW Golf and evaluated by specialists from Test World in Ivalo, Finland and ranked according to performance in a series of wet and dry tests. Continental’s ContiPremiumContact 5 topped the table with a score of 9.5 out of 10 and a rating of five out five stars, however an entry from another premium manufacturer didn’t fare so well.