NKRKY - Nokian Renkaat Oyj

Other OTC - Other OTC Delayed Price. Currency in USD

Nokian Renkaat Oyj

Pirkkalaistie 7
PO Box 20
Nokia 37101
Finland
358 1040 17000
http://www.nokiantyres.com

SectorConsumer Cyclical
IndustryRubber & Plastics
Full Time Employees4,880

Key Executives

NameTitlePayExercisedYear Born
Ms. Hille KorhonenPres & CEON/AN/A1961
Mr. Teemu Kangas-KärkiChief Financial OfficerN/AN/A1966
Mr. Peter ChiaPlant Mang. & Operations DirectorN/AN/AN/A
Mr. Jukka Antero KasiVP of Products & TechnologiesN/AN/A1966
Mr. Mitsuhira ShimazakiDirector of Admin. & SalesN/AN/A1958
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Nokian Renkaat Oyj develops and manufactures tires in Finland, Sweden, Norway, Russia, the rest of Europe, North America, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer and winter tires for cars and vans. The Heavy Tyres segment offers tires for forestry machinery; and special tires for agricultural machinery, tractors, and industrial machinery, as well as retreading services and truck tires. The Vianor Tyre segment sells car and van tires, as well as truck tires under the Nokian brand, as well as other leading tire brands; and other automotive products and services. The company offers its products through its owned and partnered stores, authorized dealer partners, N-Tyre retailers, and other tire and vehicle retailers, as well as online stores. As of December 31, 2018, it operated 1,318 Vianor service centers; 2,162 Nokian tires authorized dealer stores; and 127 N-Tyre stores. Nokian Renkaat Oyj operates 3,500 stores. The company was founded in 1898 and is headquartered in Nokia, Finland.

Corporate Governance

Nokian Renkaat Oyj’s ISS Governance QualityScore as of July 29, 2019 is 6. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.