at the very Core of it all … is Content!
A total of 621 042 572 new shares were subscribed for in Outokumpu Oyj’s directed share issue to ThyssenKrupp AG. This represents 29.9% of the outstanding shares of Outokumpu immediately following the completion of the directed share issue. These new shares were registered with the Finnish Trade Register today, on December 31, 2012. These new …
Outokumpu Oyj (business identity code: 0215254-2) has received a notification based on Chapter 2, Section 9 of the Finnish Securities Market Act from Ilmarinen Mutual Pension Insurance Company (business identity code: 0107638-1). Such notification by Ilmarinen contains the following information: Due to the share subscription made by ThyssenKrupp on December 28, 2012 and the registration …
Outokumpu Oyj (business identity code: 0215254-2) has received a notification based on Chapter 2, Section 9 of the Finnish Securities Market Act from ThyssenKrupp AG (registered in the commercial register of the Local Court in Duisburg under HRB 9092 and in Essen under HRB 15364). Such notification by ThyssenKrupp contains the following information: Outokumpu and …
Highlights: – Outokumpu and ThyssenKrupp AG have completed the Inoxum transaction – The new Outokumpu starts operations on December 29, 2012 with a new structure and leadership – The combination is structured to create significant annual cost synergies of MEUR 200 on an annual basis, of which MEUR 50 are expected already in 2013, and …
Mrs. Tamara Weinert has been appointed as Vice President – Investor Relations at Outokumpu as of December 28, 2012. She reports to Kari Tuutti, EVP – Marketing, Communications and Investor Relations. Mrs. Weinert is responsible for Outokumpu’s Investor Relations. She has vast experience in banking, finance and investor relations and a MBA in Finance. Mrs. …
Outokumpu has for the first time been rated Prime company by oekom research AG, a German research company that evaluates share and bond issuers as sustainable investments. Prime rating means that Outokumpu shares and bonds qualify for investments which take ecological and social consideration into account. Outokumpu’s overall grade was B-. oekom research analyses in …
The Board of Directors has on 13 December 2012 approved the participant selection guideline and maximum volume in shares of the Restricted Share Pool programme, plan 2013-2015. The Restricted Share Pool is part of the remuneration and commitment programme for selected key resources at Outokumpu. The Restricted Share Pool consists of annually commencing share plans …
Green light for merger of stainless steel businesses into new world market leader – platform to secure jobs and potential long-term Further important milestone in ThyssenKrupp’s strategic development program The European Commission today approved the combination of Outokumpu and Inoxum, the stainless steel arm of ThyssenKrupp, subject to conditions, thus giving the green light …
The European Commission has today approved the acquisition of Inoxum by Outokumpu. The transaction makes Outokumpu the new global leader in stainless steel and high performance alloys. Outokumpu remains fully committed to the Inoxum transaction and targets to finalise it by the end of 2012. CEO Mika Seitovirta: “We are excited to start the creation …
Third-quarter 2012 highlights – Underlying operational result was EUR -57 million – Operating loss was EUR 89 million including raw material-related inventory losses of some EUR 18 million and net non-recurring items totalling EUR -14 million – Operating loss excluding non-recurring items was EUR 75 million – Positive operating cash flow of EUR 83 million …