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Metso Outotec
Metso Outotec Oyj is a Finnish Public company, publicly traded company that was established in 2020 when Outotec and Metso, Metso Minerals merged. The company is focusing on providing technology and services for aggregates, minerals processing and metals refining industries. History Background of Metso and Outotec Outotec’s history started in 1940 as a state-owned copper company, Outokumpu, where they came up with the idea of manufacturing copper without the aid of external energy. The flash smelting method thrived and as a result, a new technology unit was founded. This unit was later named Outokumpu Technology. Metso was founded in 1999 when Valmet and Rauma merged. In 2013, Metso demerged into two separate publicly traded companies. Metso’s pulp, paper and energy production business units formed Valmet Oyj while mining, construction and automation business units formed Metso Oyj. Background of the merger In July 2019, it was announced that Outotec and Metso Minerals will ...
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Osakeyhtiö
''Osakeyhtiö'' (; " stock company"), often abbreviated to Oy (), is the term for a Finnish limited company (e.g., Ltd, LLC, or GmbH). The Swedish-language term is '' aktiebolag'', often abbreviated (in Finland) to Ab. The Swedish abbreviation is sometimes included, as in ''Ab Company Oy'', ''Oy Company Ab'', or ''Company Oy Ab''. The abbreviations have been styled in many ways, such as ''Oy'', ''OY'', ''O.Y.'', or even ''O/Y''. The English form is ''Ltd.'' ''Julkinen osakeyhtiö'' ''Julkinen osakeyhtiö'' (pl. ''julkiset osakeyhtiöt'') means "public stock company" and is abbreviated to oyj (). A ''julkinen osakeyhtiö'' can be listed on the Helsinki Stock Exchange. The term's Swedish equivalent is ''Abp'' (''publikt aktiebolag''). An oyj may be called a public limited company or public company in English and may use the abbreviation PLC or the term corporation in the company's English name, for example Remedy Entertainment Plc, Kone Corporation and Nokia Corporation. Re ...
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Satakunnan Kansa
''Satakunnan Kansa'' (abbreviated ''SK'', literally translated the "People of Satakunta") is a Finnish language regional newspaper published in Pori, Finland. History and profile The newspaper was established under the name of ''Satakunta'' in 1873. In Finland it is the second oldest newspaper which is still in distribution. It was renamed as ''Satakunnan Kansa'' in 1917 when the papers ''Satakunta'' and ''Satakunnan Sanomat'' (1907-1917) were merged. ''Satakunnan Kansa'' is part of Alma Media. The headquarters of the paper is in Pori. Outside the Satakunta region it is distributed in Kristinestad, Ikaalinen and Laitila. ''Satakunnan Kansa'' was published in broadsheet format until 17 January 2012 when it began to be published in tabloid format. Petri Hakala served as the editor-in-chief An editor-in-chief (EIC), also known as lead editor or chief editor, is a publication's editorial leader who has final responsibility for its operations and policies. The highest-ranking edi ...
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Manufacturing Companies Established In 2020
Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of Human behavior, human activity, from handicraft to High tech manufacturing, high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector of the economy, primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, Major appliance, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineerin ...
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Mining Equipment Companies
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and f ...
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Companies Listed On Nasdaq Helsinki
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Manufacturing Companies Based In Helsinki
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ...
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Engineering Companies Of Finland
Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering. The term ''engineering'' is derived from the Latin ''ingenium'', meaning "cleverness" and ''ingeniare'', meaning "to contrive, devise". Definition The American Engineers' Council for Professional Development (ECPD, the predecessor of ABET) has defined "engineering" as: The creative application of scientific principles to design or develop structures, machines, apparatus, or manufacturing processes, or works utilizing them singly or in combination; or to construct or operate the same with full cognizance of their design; or to forecast their behavior under specif ...
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Varma Mutual Pension Insurance Company
Varma Pension Insurance Company (Finnish: ''Keskinäinen työeläkevakuutusyhtiö Varma'') is a pension insurance company in Finland. Varma manages statutory TyEL insurance for employees and YEL insurance for the self-employed and statutory vocational rehabilitation and services relating to predicting and managing work ability risks. Varma is a mutual company and its head office is located in Salmisaari, Helsinki Helsinki ( or ; ; sv, Helsingfors, ) is the capital, primate, and most populous city of Finland. Located on the shore of the Gulf of Finland, it is the seat of the region of Uusimaa in southern Finland, and has a population of . The city .... In 2021, Varma paid out pensions in the amount of 6.2 billion euros to 346,000 people, and at year-end 571,229 people were insured with Varma. In terms of turnover, Varma was the twelfth-biggest company in Finland in 2020. In 2021, Varma was one of the largest real estate investors in Finland. References Further re ...
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Solidium
Solidium Oy is a Finnish state-owned investment company. Founded in 1991, Solidium's original purpose was to manage the property of SKOP Bank (''Säästöpankkien Keskus-Osake-Pankki''; fi), which went bankrupt in the early 1990s recession. In 2008, the purpose of Solidium was changed to manage the listed minority shareholdings of the Finnish Government. Previously, the government directly owned the stock, and transferring them under a single company was the work of Minister of Trade and Industry Jyri Häkämies. On 1 August 2022, the net asset value of Solidium was EUR 8,968 million. Aside from Solidium, the government still directly owns shares in three listed companies as a majority shareholder. Holdings Solidium took over the state owned shares in 2008 of Kemira, Metso, Outokumpu, Rautaruukki, Sampo, Sponda, Stora Enso and Telia and in 2009 Elisa. Solidium acquired over 5% of Outotec mining technology company's shares in March 2012 while Goldman Sachs reduced its ownersh ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Metso
Metso Oyj was a Finnish industrial machinery company focusing on providing technology and services for mining, Construction aggregate, aggregates, and Petroleum industry, oil and gas, recycling, pulp and paper and other process industries. On 30 June 2020, Metso's partial demerger and combination of Metso Minerals business unit and Outotec took place. Two new companies started operations 1 July 2020: Neles and Metso Outotec. History Metso was created through the merger of Valmet and in 1999. In 2013, Metso demerged into two separate companies: Metso Corporation and Valmet Corporation. 1990s Metso was created on 1 July 1999 through the merger of Valmet, a paper and board machine supplier, and Rauma, which focused on fiber technology, rock crushing and flow control solutions. In 1998 Rauma's businesses included: * Timberjack forest machines * Sunds Defibrator fiber technology equipment * Nordberg rock crushers * Neles Controls valve-control systems The new company had over ...
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