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Fresh data keep fleets moving Espoo, Finland – HERE, a Nokia business, today announced that it is bringing its real-time traffic information to Esri, a market leader in Geographic Information System (GIS) mapping software used by enterprise and government fleet management companies around the world. With HERE Traffic, Esri will enhance its web and cloud …
Espoo, Finland and Munich, Germany – Nokia Corporation and Siemens AG today announced that they have entered into a definitive agreement pursuant to which Nokia acquires Siemens’ entire 50% stake in their joint venture, Nokia Siemens Networks. The acquisition has been approved by the Board of Directors of Nokia as well as the Managing and …
Ratingen, Germany and Espoo, Finland – Nokia has announced that Miele & Cie. KG, a global leader in premium domestic appliances and commercial machinery for laundry care, dishwashing and disinfection, is switching to Nokia Lumia as the smartphone of choice for its global employees. Built on Microsoft’s Windows Phone 8 platform, Nokia Lumia smartphones enable …
Espoo, Finland – Nokia announced that the Nokia Asha 501, the first of a new generation of smartphones to run on the new Asha Platform, will start selling this week in Thailand and Pakistan, with availability in India soon to follow. The new device will roll out in subsequent weeks across countries in Europe, 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 is today celebrating the inauguration of the new ferrochrome works in Tornio, Finland. Inauguration marks the start of the ramp-up phase of the EUR 410 million investment project ahead of schedule. With the ramp-up of the world’s biggest ferrochrome furnace Outokumpu plans to double its ferrochrome production to 530 000 tonnes by 2015. Outokumpu’s …
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, …
Outokumpu has been served with a damages contribution claim in the English court by Boliden AB, after Boliden AB and IMI (IMI Plc and IMI Kynoch Ltd) were served claims on financial loss by the members of Travis Perkins Group. These claims are related to a 2004 ruling by the European Commission which concluded that …