Nokian Tyres is expediting its plans to invest in new production capacity in Europe. The tire maker continues to increase production capacity at its factories in Nokia, Finland, and Dayton, USA. The company says that eventually all its tires sold in the Nordic countries will be produced in Nokia, and all its tires sold in North America will be produced in Dayton and Nokia.
The decision comes in response to ongoing sanctions against Russia, where Nokian has significant levels of production capacity.
