Tag «hygienic»

Outokumpu comments on the Terni divestment process

In accordance with the commitments given to the European Commission in the context of the merger with Inoxum, Outokumpu continues to pursue the divestment of AST (Acciai Speciali Terni) stainless steel operations in Terni, Italy. In a challenging environment for the European stainless industry Outokumpu has maintained an active dialogue with the European Commission, the …

OUTOKUMPU PROCEEDS WITH EFFICIENCY MEASURES

As part of its intention to significantly reduce its operating expenses and return the company to profitability, Outokumpu has today announced plans that are expected to result in job reductions. All in all, Outokumpu expects to reduce up to 2,500 jobs globally between 2013 and 2017. In 2013, company plans to reduce up to 770 …