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  1. #1
    Formerly Known as Newbie Juha's Avatar
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    Nokian tyres in trouble

    Finnish newspapers report this morning that the parent company of Suomityres has filed for a company restructuring program. Suomityres is the manufacturer of various car and bike tyres, among them the Nokian Hakkapeliitta studded winter tyres. I could not find an English source for the news yet.

    During the program they get a moratorium (8-10 months) on paying their debts. An independent ombudsman of sorts will be appointed to draft a plan on how to restructure the business to make it profitable again, and how to pay the outstanding debts once the moratorium expires. As far as I can tell the whole process is pretty much the equivalent of Chapter 11 in the US.

    Apparently the Hakkapeliittas were not expensive enough after all. Hope they pull through. The company's spokesman is very optimistic, but I guess that's what he gets paid for.

    --J
    To err is human. To moo is bovine.

    Who is this General Failure anyway, and why is he reading my drive?


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  2. #2
    Senior Member Ziemas's Avatar
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    Thanks for the news. Time to stock up.....

  3. #3
    Cries on hills supton's Avatar
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    I hope they pull through. The Hakka 2's I run in winter wear like iron, and dig really well. We're trying out one of their "all season" snowtires on the wifes car also.
    '07 Trek Pilot 1.2
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  4. #4
    Biscuit Boy Cosmoline's Avatar
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    Nooooooooooo!

    ''On a bicycle you're not insulated. You're in contact with the landscape and all manner of people you'd never meet if you were in a car. A fat man on a bicycle is nobody's enemy.''

    Tom Vernon.

  5. #5
    ex-everything. soze's Avatar
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    Hope they pull through. What will I rally on otherwise?

  6. #6
    Senior Member randya's Avatar
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    this is the same Nokia that makes cell phones. they started in rubber fishermans boots and tires. go figure. the cell phones should keep the bike tires afloat, otherwise, hope that someone buys their moulds or something....

  7. #7
    Formerly Known as Newbie Juha's Avatar
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    Cell phone Nokia is the original company, yes. But somewhere in the 1980's-1990's (I forget which) some smart-arsed young bureaucrats in company administration hammered through the idea of focusing on mobile technology and getting rid of the "extras". Go figure.

    That decision resulted to several new companies, who picked up the discontinued lines, among them the tyre manufacturing. I suspect the real trouble now is in the tyre manufacturing parent company, who also makes the boots nowadays.

    --J
    To err is human. To moo is bovine.

    Who is this General Failure anyway, and why is he reading my drive?


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  8. #8
    Burn-em Upus Icephaltus Gojohnnygo.'s Avatar
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    Save my Nokians please say it's not so.

    I'm going to send them an E-mail to see if I can get some more info. I'm also going to add I very much need high end studded bike tires.

    Anybody else want to try? Juha is that a long distance phone call for you?

    Contact info--

    SUOMI TYRES LTD
    Finlaysoninkatu 4B
    FIN-33210 Tampere
    tel. +358-3-2563 4400
    fax +358-3-2563 4511

    sales: sales@suomityres.com
    warranty: bike@suomityres.com
    Sick BubbleGum

  9. #9
    Senior Member
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    Noooooooooooooooooooo!

    I have Hakkapellita Q on my car and they're by far the best winter tires I ever had. I want to put Nokians on my old (soon to be converted) winter bike.

    Hope they stay in business. If not, let's pray Gislaved starts making bike tires...

  10. #10
    Formerly Known as Newbie Juha's Avatar
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    OK, I did some digging. First of all, I learned the Nokian car tyre manufacturing is a separate company, not involved in this at all. My bad, sorry for that. They do share the same "nokian" logo, font and some brand names (Hakkapeliitta among them) with bike tyre business, so it can get kind of confusing.

    The parent company (Suomen Kumitehdas) has announced they are currently not planning on shutting down any of their plants as part of the program. The reason for their troubles is the bike tyre manufacturing business which has been in the red for a couple of last years. Things have changed this year, tyre manufacturing has posted profitable quarters due to cost cutting and discontinuing some of their products. Company representatives are optimistic and they just might be right. Their major creditors must have some degree of trust in them, having agreed to let the company file for this program.

    I don't know what the discontinued tyres are. Their web page currently lists 9 winter tyres and approximately 20 summer tyres, it sounds about the same as before. Maybe they've discontinued some of the size-width combinations or such. At least all the various studded tyre variants often discussed in BF are still there.

    --J
    To err is human. To moo is bovine.

    Who is this General Failure anyway, and why is he reading my drive?


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  11. #11
    Senior Member
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    Say it ain't so

  12. #12
    Plays in Traffic 1ply's Avatar
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    Quote Originally Posted by rajman View Post
    Say it ain't so
    He just did
    2006 VFRfive less than 5000k for sale. 2011 MB FantomCross 105
    Originally Posted by Pig_Chaser: Obesity epidemic, Global warming. If only there were a common solution. B'ah that's crazy talk.

  13. #13
    Recumbent Evangelist
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    I was thinking of getting some of these, I hope they're still available when I do!
    www.rebel-cycles.com

    The official Canadian dealer of TW-Bents recumbent bicycles!

  14. #14
    totally louche Bekologist's Avatar
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    definetly available thru QBP, just got some 700c Hakkapelittas last week... thanks for the heads up, Juha!
    "Evidence, anecdote and methodology all support planning for roadway bike traffic."

  15. #15
    bac
    bac is offline
    Senior Member bac's Avatar
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    Quote Originally Posted by jeff-o View Post
    I was thinking of getting some of these, I hope they're still available when I do!
    You will NOT regret it my friend.

    ... Brad

  16. #16
    Burn-em Upus Icephaltus Gojohnnygo.'s Avatar
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    Just order a set of W160s mount and ground from my LBS and picked up a new extreme 294 off Ebay,Just in case.
    Sick BubbleGum

  17. #17
    Videre non videri
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    I hope they'll still make the ones I have now. 54-559 W294.

    Checking the site now, I see that the W294 page has this text:
    "29x2.1 available in september 2007!"

    I see that as a sign that production will not cease anytime soon!

  18. #18
    Sir Fallalot wroomwroomoops's Avatar
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    Quote Originally Posted by CdCf View Post
    I hope they'll still make the ones I have now. 54-559 W294.

    Checking the site now, I see that the W294 page has this text:
    "29x2.1 available in september 2007!"

    I see that as a sign that production will not cease anytime soon!

    I'm waiting for those tires like the messiah, but I still haven't found a dealer that stocks them.


    Help? Anyone?


    Or else, this winter I'll be sad. Very sad.

  19. #19
    Sir Fallalot wroomwroomoops's Avatar
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    Awwww....rite! I talked with a PR person from the Nokian company, and she told me they will have those tires in production at the end of the year B U M M E R

    But, at least the girl was pleasant and really friendly (she called me back as she promised) and told me I can order the tires directly from the factory! Which I will, you can bey your ass on that.

    OK, so half of the winter I'll have to suffer. Never mind. I'll stock up on the Extreme 294 29ers, so no winter will pass without them anymore.

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