Tag «european commission»

Outokumpu comments on the Terni divestment process

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 unveils new vision, products and pricing model, comments on its strategy progress

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, …

EUROFER warns against Commission proposal to withhold 900 million CO2 certificates from the EU emissions trading market in 2013 to 2015

Higher energy and carbon costs will not get Europe out of its crisis “Artificially increasing the carbon price by withholding or removing allowances from the emissions trading system will undermine the competitiveness of European industries and increase the energy bill for consumers even more,” says EUROFER Director General Gordon Moffat. “This is counterproductive in times …

European Commission approves combination of Outokumpu and Inoxum

  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 …

OUTOKUMPU – EUROPEAN COMMISSION APPROVES THE INOXUM TRANSACTION

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 …

Statement by the EC, ECB and IMF on Greece

“Staff teams of the European Commission (EC), the European Central Bank (ECB), and the International Monetary Fund (IMF) have concluded their visit to Greece to discuss with the authorities the set of policies that could serve as a basis for the completion of the first review of the country’s economic adjustment program. “During the visit, …