at the very Core of it all … is Content!
A stainless steel fuel tank developed by Outokumpu received the New Applications Award by ISSF (International Stainless Steel Forum) in the Best New Development Award category at the ISSF Annual Conference in Hong Kong, China. Outokumpu and the Swedish fuel system company TechROi Fuel Systems (TFS) developed a new innovative stainless steel fuel tank. Stainless …
Outokumpu announced today that the negotiations regarding the industrial plan have been successfully concluded with the employee representatives and unions in Germany. The industrial plan for Business Area EMEA Stainless was originally announced in October 2013, with a target of EUR 100 million annual savings, contributing to the overall annual synergy and cost savings of …
At Outokumpu Experience, the company’s global event in London, UK for customers, partners and analysts, Outokumpu launched its latest addition to the duplex product family, the FDX platform, introduced a new pricing model and commented on its strategy progress and the Terni divestment process. New vision and mission Addressing an audience of over 500 customers, …
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, …
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 …