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Metso Oyj (METSO.HE)

METSO.HE on Helsinki Stock Exchange

29.93EUR
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Latest Key Developments (Source: Significant Developments)

Metso Invests In Development Of Its Foundry Capacity In Vadodara
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Metso Oyj ::METSO TO INCREASE ITS FOUNDRY CAPACITY IN INDIA TO MEET THE GROWING GLOBAL DEMAND FOR CAST WEARS FOR MINING AND AGGREGATE INDUSTRIES.IS INVESTING IN DEVELOPMENT OF ITS FOUNDRY CAPACITY IN VADODARA, INDIA.INITIAL INVESTMENT INCLUDES ACQUISITION OF PROPERTY AND FOUNDRY ASSETS OF A PRIVATELY-OWNED FOUNDRY PROJECT, MEGA CAST.METSO EXPECTS TO INVEST A TOTAL OF APPROX. EUR 25 MILLION TO PURCHASE ASSETS AND TO DEVELOP FOUNDRY BY 2020.NEW FOUNDRY WILL BE BUILT TO FOLLOW METSO'S SUSTAINABILITY AND QUALITY PRINCIPLES.FIRST PRODUCT DELIVERIES FROM VADODARA FOUNDRY ARE EXPECTED BY END OF 2019.FIRST PRODUCT DELIVERIES FROM VADODARA FOUNDRY ARE EXPECTED BY END OF 2019.PRODUCTION WILL RAMP UP QUICKLY IN 2020.  Full Article

Metso Relocates Waste Recycling Business In Denmark
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Metso Oyj ::METSO IS RELOCATING ITS WASTE RECYCLING BUSINESS IN DENMARK.PART OF RELOCATING COSTS WILL BE FUNDED BY SELLING CURRENT PROPERTY AND ESTATE IN HORSENS.RECEIVED A FIRM PURCHASE OFFER FROM A LOCAL DEVELOPER.NEW FACILITY, OPTIMIZED FOR BUSINESS NEEDS, IS ESTIMATED TO BE READY IN 2020..  Full Article

Metso Signs Its First Agency Agreement For Indian Waste Recycling Market
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - METSO OYJ ::: METSO SIGNS ITS FIRST AGENCY AGREEMENT FOR INDIAN WASTE RECYCLING MARKET HTTPS://WWW.METSO.COM/NEWS/2018/8/METSO-SIGNS-ITS-FIRST-AGENCY-AGREEMENT-FOR-INDIAN-WASTE-RECYCLING-MARKET/.METSO SIGNS ITS FIRST AGENCY AGREEMENT FOR INDIAN WASTE RECYCLING MARKET.ON-EXCLUSIVE AGENCY AGREEMENT WITH SEEPRA RECYCLING GROUP FOR THE INDIA MARKET AREA.  Full Article

Metso Q2 EBITA Adjusted EUR 91 Million, Above Expectations
Thursday, 26 Jul 2018 

July 26 (Reuters) - Metso Oyj ::Q2 ORDERS RECEIVED EUR 853 MILLION (REUTERS POLL: EUR 812 MILLION).Q2 NET SALES EUR 776 MILLION (REUTERS POLL: EUR 742 MILLION).Q2 EBITA ADJUSTED. EUR 91 MILLION (REUTERS POLL: EUR 86.2 MILLION).Q2 OPERATING PROFIT EUR 86 MILLION (REUTERS POLL: EUR 81.9 MILLION).EXPECTS GROWTH IN DEMAND TO INCREASE FOR MINERALS EQUIPMENT.EXPECTS GROWTH IN DEMAND TO REMAIN STABLE FOR MINERALS SERVICES.EXPECTS GROWTH IN DEMAND TO LEVEL OFF FOR FLOW CONTROL."WE CURRENTLY ESTIMATE DIRECT IMPACT OF TARIFFS ENFORCED SO FAR ON METSO TO BE LIMITED.".  Full Article

Metso Appoints Pekka Vauramo President And CEO
Monday, 21 May 2018 

May 21 (Reuters) - METSO OYJ ::REG-PEKKA VAURAMO APPOINTED PRESIDENT AND CEO OF METSO CORPORATION.PEKKA VAURAMO HAS SERVED AS PRESIDENT AND CEO OF FINNAIR.CFO EEVA SIPILÄ WILL CONTINUE TO SERVE AS METSO'S INTERIM CEO UNTIL PEKKA VAURAMO BEGINS IN HIS NEW ROLE.  Full Article

Finnair CEO Leaves The Company To Join Metso
Monday, 21 May 2018 

May 21 (Reuters) - Finnair Oyj ::FINNAIR CEO PEKKA VAURAMO LEAVES THE COMPANY TO JOIN METSO CORPORATION.FINNAIR CEO PEKKA VAURAMO LEAVES THE COMPANY TO JOIN METSO CORPORATION.VAURAMO WILL LEAVE FINNAIR AT LATEST IN NOVEMBER 2018.SEARCH FOR VAURAMO'S SUCCESSOR STARTS TODAY..  Full Article

Metso Gets Order In North America
Friday, 13 Apr 2018 

April 13 (Reuters) - METSO OYJ ::FIRST METSO HIGH-PERFORMANCE ETARIP METAL RECYCLING PRE-SHEDDER UNIT TO BE INSTALLED IN NORTH AMERICA.HAS RECEIVED AN ORDER TO SUPPLY ITS FIRST METSO LINDEMANN(TM) ETARIP(TM) PRE-SHREDDER IN NORTH AMERICA.CUSTOMER IS MILLIRON IRON & METAL.  Full Article

Metso To Acquire The Valve Automation Division Of India Based Rotex Manufacturers And Engineers
Wednesday, 4 Apr 2018 

April 4 (Reuters) - Metso Oyj ::METSO TO ACQUIRE THE VALVE AUTOMATION DIVISION OF INDIA BASED ROTEX MANUFACTURERS AND ENGINEERS PVT LTD TO EXPAND ITS GLOBAL VALVES BUSINESS.  Full Article

Metso To Acquire Valve Automation Division Of India Based RMEPL
Wednesday, 4 Apr 2018 

April 4 (Reuters) - METSO OYJ ::METSO TO ACQUIRE THE VALVE AUTOMATION DIVISION OF INDIA BASED ROTEX MANUFACTURERS AND ENGINEERS PVT. LTD TO EXPAND ITS GLOBAL VALVES BUSINESS.METSO TO ACQUIRE THE VALVE AUTOMATION DIVISION OF INDIA BASED ROTEX MANUFACTURERS AND ENGINEERS PVT. LTD TO EXPAND ITS GLOBAL VALVES BUSINESS.PARTIES HAVE AGREED TO NOT DISCLOSE VALUE OF TRANSACTION..‍CLOSING OF ACQUISITION IS ESTIMATED TO OCCUR IN JULY 2018​.  Full Article

Metso President And CEO to leave On Feb.2​
Monday, 22 Jan 2018 

Jan 22 (Reuters) - METSO OYJ ::REG-EEVA SIPILÄ APPOINTED METSO'S INTERIM PRESIDENT AND CEO AS OF FEBRUARY 3, 2018.‍CURRENT PRESIDENT AND CEO NICO DELVAUX WILL LEAVE HIS DUTIES ON FEBRUARY 2.​.  Full Article

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Finnair hires Nordea banker as new boss

HELSINKI Finland's state-controlled airline Finnair has turned to the financial world for its new chief executive, appointing Nordea Bank's Topi Manner to take the role from January.