Second Nokian plant in Russia and cuts at the Finnish operation
07 june 2012
The Finnish tire manufacturer Nokian Tyres has recently announced the launch of production at its new plant in Russia, the second one. The first one, we recall, was built in 2004 in Vsevolozhsk, Leningrad Oblast. Its capacity is eight million tires per year, with investments totaling around four hundred million euros.
The new Nokian plant is located near the already operating one. The first tires will be released on it already in June of this year. By the end of 2012, two production lines will be launched at the plant, and two more are planned to be launched in 2013-2014. It is assumed that with the plant reaching full production capacity, the production volumes of Nokian tires in Russia will reach 17 million tires per year.
At the same time as the opening of the new branch in Russia, the company is carrying out staff reductions at the Finnish plant. Since the company's production capacity is growing due to the implementation of a production modernization program, it was decided that from July of this year, the plant will need less "live" workforce. The Finnish plant will switch to a five-day workweek, which will inevitably lead to layoffs - it is noted that around 120 people will be fired.
The new Nokian plant is located near the already operating one. The first tires will be released on it already in June of this year. By the end of 2012, two production lines will be launched at the plant, and two more are planned to be launched in 2013-2014. It is assumed that with the plant reaching full production capacity, the production volumes of Nokian tires in Russia will reach 17 million tires per year.
At the same time as the opening of the new branch in Russia, the company is carrying out staff reductions at the Finnish plant. Since the company's production capacity is growing due to the implementation of a production modernization program, it was decided that from July of this year, the plant will need less "live" workforce. The Finnish plant will switch to a five-day workweek, which will inevitably lead to layoffs - it is noted that around 120 people will be fired.