Nokian Tyres plc Press release on March 25, 2025 at 10:00 a.m. EET
Nokian Tyres is expanding its logistics center which is serving the Finnish factory in Nokia by building a modern and cost-effective warehouse for passenger car tires. This project enables Nokian Tyres to centralize warehouses, which are currently located in different parts of Finland, to Nokia. The aim of the project is to support Nokian Tyres' competitiveness by improving the efficiency and delivery reliability of the Finnish factory.
The new property will be designed and built in accordance with the objectives of LEED environmental certification, and additionally the centralization of warehouses will reduce CO2 emissions from logistics in Finland.
The new property is financed by SEB Leasing Oy. Nokian Tyres will lease the property and warehouse automation with a long-term lease agreement.
The expansion will be completed by the end of 2027 on a plot owned by Nokian Tyres adjacent to the current logistics center in Nokia, Finland.
All passenger car tires manufactured at the Finnish factory will be placed in the new highly automated warehouse before they are delivered to customers in different parts of the world.
According to the plan, also raw materials and in the Finnish factory manufactured heavy tires will be later moved to the expanded logistics center.
"The modern logistics center will enable efficient operation of the Finnish factory and reduce transports between the factory and warehouses as logistics operations are centralized in Nokia, Finland. In addition, the new warehouse will improve the safety and quality of warehouse operations," says Miikka Kunnari, Head of Global Logistics at Nokian Tyres.
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Further information:
Miikka Kunnari, Head of Global Logistics tel. +358 41 4332 943
media@nokiantyres.com
Nokian Tyres' purpose is to make the world safer by reinventing tires, and how they are made, over and over again - a safer place to drive, work and live now and for generations to come. Inspired by our northern heritage, we develop and manufacture premium tires for passenger cars, trucks and heavy machinery with sustainability at the heart of all our operations. Our Vianor chain provides tire and car services. We are some 3,800 people with net sales of EUR 1.3 billion in 2024, and together we lead the journey to smarter driving for people and for businesses. Nokian Tyres is listed on Nasdaq Helsinki. Further information: company.nokiantyres.com
