Nokian Capacitors

Nokian Capacitors

Type	Private
Founded	1957
Headquarters	Tampere, Finland
Products	Power Capacitors and Air-core reactors
Employees	290
Website	http://www.areva-td.fi

Company Nokian Capacitors Ltd., which is established in 1957, is a company that designs and manufactures equipment and systems for reactive power compensation and harmonic filtering such as low- and high-voltage power capacitors and air-core reactors. The factory is located in Tampere, Finland and the company employs about 230 people.

A new reactor manufacturing plant was opened in 2005 and the company received the Finnish Internationalization Award in that year.

AREVA’s Transmission and Distribution division has signed an agreement with the Finnish company, Nokian Capacitors Ltd, to acquire its activities. The operation is of strategic importance for AREVA as it will reinforce its position on the growing ultra high-voltage market.

Nokian Capacitors Ltd. benefits from 50 years of expertise in engineering and manufacturing power system components such as capacitors in particular. With 2006 sales of 51 million euros, the company currently counted 290 employees and is represented in 70 countries at the time of the buyout.

Capacitors are components used in High Voltage Direct Current (HVDC) schemes and Flexible Alternative Current Transmission Systems (FACTS). HVDC and FACTS both help reduce CO₂ emissions by respectively minimizing power losses and ensuring the balance and efficiency of high-voltage transmission networks. They also facilitate the connection of renewable energy sources into the power network.

External links

• Nokian Capacitors Company homepage in English
• Nokian Capacitors Company homepage in Finnish
• Nokian Capacitors Company homepage in Russian
• Nokian Capacitors Company homepage in Spanish