Edition:
United Kingdom

Outotec Oyj (OTE1V.HE)

OTE1V.HE on Helsinki Stock Exchange

3.11EUR
2:39pm GMT
Change (% chg)

€-0.09 (-2.87%)
Prev Close
€3.20
Open
€3.19
Day's High
€3.19
Day's Low
€3.08
Volume
768,486
Avg. Vol
1,288,059
52-wk High
€8.53
52-wk Low
€2.89

Latest Key Developments (Source: Significant Developments)

Outotec To Deliver Minerals Processing Technology To Mexico
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - Outotec Oyj ::OUTOTEC TO DELIVER MINERALS PROCESSING TECHNOLOGY TO MEXICO.DELIVERIES WILL TAKE PLACE IN END OF 2019..TOTAL VALUE OF CONTRACTS BOOKED IN OUTOTEC'S Q4 ORDER INTAKE IS APPROXIMATELY EUR 30 MILLION.  Full Article

Outotec To Deliver Battery Chemicals Production Technology For Terrafame In Finland
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - Outotec Oyj ::OUTOTEC TO DELIVER BATTERY CHEMICALS PRODUCTION TECHNOLOGY FOR TERRAFAME IN FINLAND.TOTAL ORDER VALUE BOOKED IN Q4 ORDER INTAKE IS APPROXIMATELY EUR 34 MILLION..  Full Article

Outotec To Design A Copper Smelter In Indonesia
Wednesday, 7 Nov 2018 

Outotec Oyj ::OUTOTEC TO DESIGN A COPPER SMELTER IN INDONESIA.APPROXIMATELY EUR 10 MILLION CONTRACT HAS BEEN BOOKED IN OUTOTEC'S 2018 Q4 ORDER INTAKE..OUTOTEC'S DESIGN WORK WILL TAKE PLACE IN FOLLOWING NINE MONTHS AND IS A CONTINUATION OF FEASIBILITY STUDY CONDUCTED IN 2017.ONCE COMPLETED, NEW SMELTER IS PLANNED TO PRIMARILY PROCESS INDONESIAN COPPER CONCENTRATE.CONTRACT PARTNER IS PT AMMAN MINERAL INDUSTRI, A SUBSIDIARY OF PT AMMAN MINERAL NUSA TENGGARA..  Full Article

Outotec To Deliver Minerals Processing Technology To South America
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Outotec Oyj ::OUTOTEC TO DELIVER MINERALS PROCESSING TECHNOLOGY TO SOUTH AMERICA.DELIVERIES WILL TAKE PLACE BY END OF 2019.CONTRACT VALUE BOOKED IN OUTOTEC'S 2018 Q3 ORDER INTAKE IS APPROXIMATELY EUR 25 MILLION.  Full Article

Outotec Completes Employee Cooperation Negotiations In Finland
Thursday, 7 Jun 2018 

June 7 (Reuters) - Outotec Oyj ::OUTOTEC COMPLETES EMPLOYEE COOPERATION NEGOTIATIONS IN FINLAND.AS A RESULT, FIVE EMPLOYEES WILL BE MADE REDUNDANT IN ESPOO AND 20 EMPLOYMENTS WILL TERMINATE THROUGH OTHER ARRANGEMENTS.OUTOTEC CAN OFFER WORK IN OTHER PARTS OF ORGANIZATION FOR SOME OF PERSONS WHOSE JOBS WILL BE TERMINATED.COMPANY WILL SUPPORT PERSONS TO BE MADE REDUNDANT FINANCIALLY AND THROUGH OUTPLACEMENT COACHING.  Full Article

Outotec Says Potential Reduction Of Up To 40 Employees In Finland
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Outotec Oyj ::OUTOTEC STARTS EMPLOYEE COOPERATION NEGOTIATIONS IN FINLAND.EFFECTS OF CONSIDERED RESTRUCTURING ON DIFFERENT LOCATIONS WILL BE DETERMINED BY MID-JUNE 2018.RESTRUCTURING MAY LEAD TO REDUCTION OF MAXIMUM 40 PERMANENT EMPLOYEES IN FINLAND.WILL START EMPLOYEE COOPERATION NEGOTIATIONS ABOUT RESTRUCTURING WITH ENTIRE PERSONNEL IN FINLAND.  Full Article

Finland's Outotec Plans Cost Cuts, May Reduce Around 200 Jobs
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Outotec Oyj ::SAYS SIMPLIFIES ITS ORGANIZATION AND PROCESSES TO ACCELERATE BUSINESS GROWTH.SAYS PLANNED STRUCTURAL CHANGES MAY LEAD TO REDUCTION OF APPROXIMATELY 200 POSITIONS GLOBALLY.SAYS IMPACT OF SIMPLIFICATION ON OUTOTEC'S COST STRUCTURE IS ESTIMATED TO BE APPROXIMATELY EUR 25 MILLION.SAYS RELATED RESTRUCTURING COSTS ARE ESTIMATED TO BE EUR 12 MILLION.  Full Article

Outotec Q1 Order Intake, EBIT Below Expectations
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Outotec Oyj ::Q1 ORDER INTAKE EUR 333.8 MILLION (REUTERS POLL: EUR 342 MILLION).Q1 SALES EUR 287.1 MILLION (REUTERS POLL: EUR 283 MILLION).Q1 EBIT EUR 5.4 MLN.METALS, ENERGY & WATER SEGMENT IMPROVED SLIGHTLY, BUT REMAINED UNPROFITABLE..FINANCIAL GUIDANCE FOR 2018 REITERATED.MINERALS PROCESSING SEGMENT CONTINUED TO IMPROVE ITS PROFITABILITY.  Full Article

Outotec Outsourced Some Project Engineering Activities To Citec
Wednesday, 4 Apr 2018 

April 4 (Reuters) - OUTOTEC OYJ ::OUTOTEC OUTSOURCED SOME PROJECT ENGINEERING ACTIVITIES TO CITEC.OUTOTEC HAS FINALIZED NEGOTIATIONS WITH EMPLOYEE REPRESENTATIVES.AS A RESULT OF NEGOTIATIONS, 59 OUTOTEC EMPLOYEES HAVE TRANSFERRED TO CITEC AS OF APRIL 1, 2018.OUTSOURCING WILL NOT HAVE AN IMPACT ON OUTOTEC'S FINANCIAL GUIDANCE FOR 2018.  Full Article

Sotkamo Silver: Value Of Agreement With Outotec At EUR 2 Million
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Sotkamo Silver Ab ::SOTKAMO SILVER: AGREEMENT ON MILL DELIVERY - THE VALUE OF THE AGREEMENTS IS ABOUT 2 MILLION EURO (SUPPLEMENT RELEASE).‍VALUE OF AGREEMENTS IS ABOUT 2 MILLION EURO.​.‍ENTERED INTO AGREEMENT WITH OUTOTEC ON DELIVERY OF A GRINDING MILL CIRCUIT TO SILVER MINE PROJECT​.  Full Article

Mining company Outotec cuts full-year target citing project problems

Oct 31 Finnish mining technology company Outotec cut its margin target for 2018 and said the impact of problems at one of its start-up operations is still unknown.