at the very Core of it all … is Content!
OUTOKUMPU OYJ November 7, 2014 at 9 am EET International Chromium Development Association (ICDA) awarded Outokumpu’s Tornio operations in Finland on long-term successful work in waste water treatment and protection of sea environment on November 5, 2014. The award is based on voting of ICDA council and committees. Says CEO Mika Seitovirta: “We are extremely …
OUTOKUMPU OYJ INTERIM REPORT November 5, 2014 at 9.00 am EET Highlights in the third quarter 2014 For the first time since the merger with Inoxum, Outokumpu posted positive EBIT excluding non-recurring items of EUR 3 million. Continued cost savings and higher prices contributed positively, while at the same time performance was negatively impacted by …
Outokumpu has been recognized as a leader for the depth and quality of its climate change data disclosed to the investors and the global marketplace by CDP. Outokumpu has been awarded for the fifth consecutive year with a position on the Nordic Climate Disclosure Leadership Index (CDLI). CDP rates climate change information submitted by the …
OUTOKUMPU OYJ September 25, 2014 at 11.30 am EET Outokumpu announced on June 18, 2014 a new organization structure and publishes now historical financial information of the new business areas. As of September 1, 2014 Outokumpu has five business areas – Coil EMEA, Coil Americas, APAC, Quarto Plate and Long Products. Historical financial information of …
Outokumpu Oyj Interim Report July 24, 2014 at 9.00 pm EET Highlights in the second quarter 2014 Outokumpu’s operational performance continued to improve in line with management expectations. The second-quarter underlying EBIT1) loss was EUR 6 million. Operating cash flow was EUR -257 million. Stainless steel deliveries stayed on a constant level at 675,000 tonnes2) …
On July 14, 2014 Outokumpu together with number of other companies have reached full and final settlement agreement on sanitary copper tube cartel claims. In 2012 Outokumpu was served with a damages contribution claim in the English court by IMI (IMI Plc and IMI Kynoch Ltd) and Boliden AB, after Boliden AB and IMI were …
June 18, 2014 at 10.00 am EET Outokumpu announced today changes in its operational model and Leadership Team. The purpose of the changes is to increase customer and market orientation, drive business performance and increase speed and accountability. From September 1, 2014 Outokumpu will consist of five business areas with sales, production, and profit responsibility: …
OUTOKUMPU OYJ June 11, 2014 at 5.30 pm EET As part of its ongoing efficiency and cost saving measures, Outokumpu announced today plans to outsource part of its IT services. Outokumpu has signed an agreement with Wipro regarding the development, maintenance and support of IT legacy applications. Approximately 90 employees globally are expected to transfer …
May 23, 2014 at 9.00 am EET Outokumpu plans to reduce the number of shares in the company by merging each twenty five (25) shares to one (1) share. The reverse split will not require any action on part of the shareholders. The matter will be proposed to the Extraordinary General Meeting (EGM) to be …
May 20, 2014 at 10.00 am EET Outokumpu holds today a customer event in Degerfors, Sweden to mark the finalization of the EUR 100 million investment project at the quarto plate mill. The investment and associated improvements contribute to cost efficiencies across the production process and further strengthen Outokumpu’s position as the leading stainless steel …