Paolo Pompei to take over as CEO of Nokian Tyres on 1 January, 2025

Paolo Pompei to take over as CEO of Nokian Tyres on 1 January, 2025

Scandinavian tyre manufacturer Nokian Tyres has announced Paolo Pompei will take over as the President and CEO on 1 January, 2025 at the latest. He will succeed Jukka Moisio, who has shared his intention to retire from the company.

Nokian Tyres currently sells tyres for the passenger cars, trucks and heavy machinery segment. 

Pompei is an industry veteran and had last worked Yokohama TWS, former Trelleborg Wheel Systems, where he acted as President since 2017. Prior to that, he held several leadership positions in the Trelleborg Group, including the position of President of the Business Unit Agricultural tyres, and earlier in his career he has worked at Pirelli. Pompei is a Board Member at ETRMA, European Tyre and Rubber Manufacturers’ Association.

Jukka Hienonen, Chair of Nokian Tyres’ Board of Directors said, “I am very pleased to have Paolo Pompei starting to lead Nokian Tyres. Paolo Pompei has very strong international experience from the tyre industry, delivering continuous growth and strong financial performance in his earlier positions. He also has a deep understanding of the markets in Central Europe and North America, which are the key growth markets for Nokian Tyres. Paolo Pompei has the experience and capabilities to lead Nokian Tyres in its next phase of development toward 2 billion euros (INR 175 billion) net sales”.

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Pompei said, "I am honoured to be appointed to lead Nokian Tyres, which is a fantastic company in an exciting transformation phase as the company is targeting strong growth in Central Europe and North America while being a global leader in the sustainability area, building the world’s first zero CO2 emission tyre factory in Romania. This combined with great products, a valued brand and leading position in the Nordic countries offers a lot of opportunities for development. I look forward to working with the Nokian Tyres team and creating future success together with existing and new customers.”

Moisio has led the company as the President and CEO since 2020.

“The company’s current President and CEO Jukka Moisio has guided Nokian Tyres through exceptional times, during COVID-19 and through the consequences of the war in Ukraine, developing Nokian Tyres toward new growth. Even though we still have months to go on our journey together with Jukka, on behalf of the entire Board, I want to thank him for the excellent cooperation, for his leadership and contributions to the company,” concluded Hienonen.

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    Lamborghini Huracán STO to run on Bridgestone tyres

    Lamborghini Huracán STO to run on Bridgestone tyres

    Bridgestone will supply tailored-made tyres for Lamborghini’s Huracán STO, which will be launched in 2021.

    Bridgestone ensured the high-performance tyre can maximise the Huracán STO’s traction, handling, control, and extreme overall performance.

    Key to the tyre’s success in maximising the super sports car’s performance is the combination of pattern and cavity design. The Potenza tyres apply an asymmetric tread design for enhanced steering response and cornering stability, and an internal crown structure that distributes footprint pressure evenly when cornering.

    As well as the road-focused, custom-developed Potenza fitment, Bridgestone will also be providing a track-oriented, road-homologated version of the tyre that applies “race” technologies to maximise the vehicle’s track performance, especially in dry conditions.


    Steven De Bock, VP Consumer Replacement and OE at Bridgestone EMIA, said, “It’s been a pleasure for our team to work so closely with Lamborghini for the first time, and on such an exciting project. The Huracán STO is an incredible piece of engineering that deserves a custom tyre that can fulfill its full potential. I can proudly say that Bridgestone has delivered such a high-performance tyre. It has been fantastic for the team to have worked on a project that is at the forefront of technology in so many ways.”

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      Hankook Starts Operations At New Testing Facility In Spain

      Hankook Starts Operations At New Testing Facility In Spain

      Hankook, one of the major global tyre brands, has started testing and development operations at its new ultra modern facility in Spain.

      The testing facility has been set up on the premises of the Applus+ IDIADA Group and can also cater to European premium car manufacturers that have their own demanding tyre tests. The facility is completely automated and will host a 20-member team from the Spanish testing centre, which is affiliated to the Hankook Europe Technical Centre.

      Klaus Krause, Head of European Research and Development Centre, said, "With the further expansion of our testing capacities in Spain, we are reaching the next level together with our local partner Applus+ IDIADA."

      He also added, "We are confident that the newly installed testing facilities in particular will significantly improve our efforts to provide the best tyre testing conditions and services to our employees and customers. In addition, we will also be able to conduct significantly more tests on site." (TT)

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        New Innovative Construction Tyre from ASCENSO

        New Innovative Construction Tyre from ASCENSO

        ASCENSO introduced a construction tyre - BLB 730- which is used for boom lift vehicles used in construction and other industries. It comes with several features that cater to the unique needs of aerial lifting equipment.

        The BLB 730 tyre is available in different sizes to fit various boom lift vehicles. This range of sizes provides versatility and compatibility with different types of aerial lift work platforms.

        ASCENSO's BLB 730 tyre is a significant advancement in specialised equipment for the construction industry. It focuses on load capacity, stability, traction, and durability to improve the performance and safety of boom lift vehicles. Whether working at heights or manoeuvring on tough terrains, this tyre offers reliability and durability for efficient operations,” said the company in a statement.

        The BLB 730 tyre is built to handle heavy loads and stabilise boom lift vehicles. It has solid lugs and a more extended shoulder design, which ensures good traction and prevents slipping during operation. This is important for safely carrying heavy weights at high elevations. ASCENSO has used a special rubber compound in making the BLB 730 tyre, making it durable and long-lasting, resulting in less downtime and more productivity on construction sites.

        To make the tyre even better, the company has optimised its inner volume to reduce tyre fill consumption, reducing the risk of tyre punctures, minimising the need for maintenance, and keep the vehicles running smoothly.

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          Falken Named Official Partner Of Men’s IHF World Handball Championships 2023

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          Falken Tyre Europe is an official IHF Men's World Championship 2023 partner for the upcoming tournament, the company has announced. The tournament is taking place at nine venues in Sweden and Poland from 11-29 January, 2023. Falken Tyre claims that the partnership was organised by the sports marketing agency SPORTFIVE. SPORTFIVE is responsible for exclusive marketing and media rights for all IHF World Championships until 2031.

          Falken Tyre claims that this is its second agreement with the International Handball Federation. In addition to title and logo rights (Official IHF Men's World Championship 2023 Partner), the company has also secured advertising rights, including the Falken logo in each goal and centre circle of the courts, as well as the presence of Falken branding in the official tournament social media communications and print materials. According to Falken Tyre, this is complemented by 30-second video ads that will be shown on the big screens in the nine sports halls before the start of each match and at half-time.

          Sharing his views, Robert Müller von Vultejus, Chief Growth Officer at SPORTFIVE, said, “With Falken, the IHF World Handball Championships have secured a great partner who is positioned with far-reaching influence in the relevant core markets. We are delighted to have been able to bring two global partners together for one of the most exciting sporting events of next year.”

          Markus Bögner, COO and President of Falken Tyre Europe GmbH, explained, “Handball isn’t just of great importance in Europe, but all over the world, which has led us to partake in this top-level tournament once again. The fact that the international tournament is taking place in countries that are among our core markets is another great reason for our involvement. We can also look back on a long partnership with our colleagues at SPORTFIVE, who always offers us excellent opportunities that are an excellent fit for the Falken brand, which stands for enthusiasm, performance and achievement.”

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