About Nokian Tyres
Nokian Tyres is a company based in Nokia (Finland) founded in 1898.. Nokian Tyres has completed 1 acquisition, including Levypyörä. Nokian Tyres operates in a competitive market with competitors including Michelin, Pirelli, Goodyear, Bridgestone and Michelin North America, among others.
- Headquarter Nokia, Finland
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$1.34 B (USD)9.9as on Dec 31, 2024
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Net Profit
$-23.69 M (USD)-321.36as on Dec 31, 2024
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EBITDA
$129.34 M (USD)-9.91as on Dec 31, 2024
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Latest Funding Round
$108.97 M (USD), Grant
Aug 14, 2024
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Investors
European Union
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Software Development Team
23 people
Leadership Team
11 people
Sales and Marketing
11 people
Product Management Team
8 people
Board Team
7 people
Human Resources and Administration
5 people
Finance and Accounting
3 people
Creative and Marketing Team
2 people
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Funding Insights of Nokian Tyres
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $109.0M
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First Round
First Round
(20 Jun 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Grant - Nokian Tyres | Valuation |
investors |
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| Mar, 2020 | Amount | Post-IPO - Nokian Tyres | Valuation |
investors |
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| Mar, 2019 | Amount | Post-IPO - Nokian Tyres | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Nokian Tyres
Nokian Tyres has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Solidium. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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State-owned Finnish firm investing in nationally significant companies for long-term value growth.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nokian Tyres
Nokian Tyres has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Levypyörä. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of LP wheels & steel services
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1955 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nokian Tyres
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nokian Tyres Comparisons
Competitors of Nokian Tyres
Nokian Tyres operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Michelin, Pirelli, Goodyear, Bridgestone and Michelin North America, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Composites, tires, and components are manufactured for diverse industries.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of tyres
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| domain | founded_year | HQ Location |
Tires for vehicles and machinery are manufactured and supplied worldwide.
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| domain | founded_year | HQ Location |
Bridgestone is recognized as a global tire manufacturer.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of tires
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nokian Tyres
Frequently Asked Questions about Nokian Tyres
When was Nokian Tyres founded?
Nokian Tyres was founded in 1898 and raised its 1st funding round 109 years after it was founded.
Where is Nokian Tyres located?
Nokian Tyres is headquartered in Nokia, Finland. It is registered at Nokia, Pirkanmaa, Finland.
Who is the current CEO of Nokian Tyres?
Jukka Moisio is the current CEO of Nokian Tyres.
What is the annual revenue of Nokian Tyres?
Annual revenue of Nokian Tyres is $1.34B as on Dec 31, 2024.
What does Nokian Tyres do?
Nokian Tyres was founded in 1898 in Nokia, Finland, where operations in the automotive sector are centered. Tyres for passenger cars, trucks, and heavy machinery are produced and distributed through a global network. Development and innovation in tyre technology are emphasized, with supply chains managed across Europe and beyond. Leadership is provided by CEO Jukka Moisio and Chairman Jukka Hienonen, overseeing strategic decisions in the industry.
Who are the top competitors of Nokian Tyres?
How many acquisitions has Nokian Tyres made?
Nokian Tyres has made 1 acquisition, including Levypyörä.
Who are Nokian Tyres's investors?
Nokian Tyres has 2 investors. Key investors include European Union, and Solidium.