at the very Core of it all … is Content!
Today, trading in SSAB shares will, for the first time, commence on Nasdaq OMX Helsinki under the ticker names SSABAH and SSABBH (class A and class B shares respectively). The shares will be quoted in euro. In conjunction with SSAB’s completion of the combination with the Finnish company Rautaruukki, SSAB has applied for a secondary …
Outotec was recognized in the Nordic Carbon Disclosure Leadership Index (CDLI) for the fifth consecutive year with regard to the quality of climate change data it has submitted. CDP (formerly Carbon Disclosure Project) is the global environmental disclosure system, which highlights companies with the most professional approach to climate change disclosure practices. Outotec received 95 …
Developments in the second quarter 2013 In line with guidance, the second quarter 2013 showed flat underlying EBIT losses versus the first quarter 2013 in a challenging environment with a continuously falling nickel price leading to lower deliveries and lower margins. During the second quarter of 2013, global demand was up by 3.8%, but the …
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 has started a strategic review of its high performance alloys or VDM business unit. During this review, Outokumpu will evaluate strategic options for VDM and consider how best to drive continued growth and profitability for the business, within or outside of Outokumpu. Says Outokumpu CEO Mika Seitovirta: “Given the challenging economic and market environment, …
Outotec to deliver concentrator technology to Mexico Outotec has signed a contract with various Industrias Peñoles’ mines (“Grupo Peñoles”) for the delivery of grinding mills and filters for three new concentrators to be built in Mexico in the next years. The contract value is approximately EUR 30 million, and the order has been booked in …
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 …