Nokian Renkaat is a company with annual revenue of well above €1bn and some 4,000 employees. The management team of ten has now been expanded to twelve which is, in our view, far too many for the company's size.
Management argues that this is necessary to strengthen the group’s further expansion and to improve the distribution, development, and harmonisation processes.
21 Jan 2016
Management team expanded from ten to twelve
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Management team expanded from ten to twelve
Nokian Renkaat Oyj (NRE1:WBO) | 0 0 1.9% | Mkt Cap: 5,194m
- Published:
21 Jan 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
Nokian Renkaat is a company with annual revenue of well above €1bn and some 4,000 employees. The management team of ten has now been expanded to twelve which is, in our view, far too many for the company's size.
Management argues that this is necessary to strengthen the group’s further expansion and to improve the distribution, development, and harmonisation processes.