Tag «outokumpu»

OUTOKUMPU WINS INTERNATIONAL CHROMIUM DEVELOPMENT ASSOCIATION’S AWARD ON ENVIRONMENTAL ACHIEVEMENTS

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 – POSITIVE EBIT EXCLUDING NON-RECURRING ITEMS AND OPERATING CASH FLOW IN SEASONALLY SLOW MARKET

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 RENEWS OPERATIONAL MODEL AND LEADERSHIP

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 PLANS TO OUTSOURCE PART OF ITS IT SERVICES

 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 …

OUTOKUMPU PLANS A REVERSE SPLIT OF SHARES

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 …

OUTOKUMPU COMPLETES THE QUARTO PLATE INVESTMENT IN SWEDEN

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 …