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Outotec
Outotec Oyj (Outokumpu Technology prior to 24 April 2007) was a Finnish company, headquartered in Espoo, aimed at providing technologies and services for the metal and mineral processing industries. In 2020 Outotec merged with Metso Minerals and new company is called Metso Outotec. The firm concentrated on producing machines and methods which facilitate the various stages of extractive metallurgy and mineral processing from ore through to pure metal or mineral, including the grinding and physical separation of ores and the smelting and leaching of base and precious metals. The company also provides engineering and after-sales services for its products. Outotec was previously a wholly owned business area of Outokumpu, having been established in the late 1940s, but it was spun off as a separate entity in June 2006 when the parent company decided to concentrate on its primary concern of stainless steel. A listing on the Helsinki Stock Exchange followed shortly afterwards, and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metso Minerals
Metso Oyj was a Finnish industrial machinery company focusing on providing technology and services for mining, aggregates, and 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 overlapping operations and to some extent the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Larox
Larox, founded in 1977 and headquartered at Lappeenranta, Finland, was a Finnish engineering company that developed, designed and manufactured industrial filters for use in mining and metallurgy, chemical processing and related industries. Outotec launched a €93 million takeover bid for the company in October 2009 and holds over 98% of its shares as of 26 February 2010. After Metso Outotec merger, completed in July 2020, Larox filtration technologies are currently part of 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 an ... portfolio. References External links *{{official website, https://www.mogroup.com Technology companies established in 1977 Engineering companies of Finland Finnish companies established in 1977 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matti Alahuhta
Matti Juhani Alahuhta (born 22 June 1952 in Alahärmä, Finland) was the President & CEO of KONE Corporation (2005–2014). Earlier he worked 26 years at Nokia Corporation and was Member of Nokia's Executive Board from 1993 to 2004. He is Chairman of the Board of DevCo Partners Oy. He is also Member of the Board of Directors of Kone Corporation (2003-) and AB Volvo (2014-). Biography Early life and education Matti Alahuhta attained his M.Sc. (Tech.) in 1976 and D.Sc. (Tech.) in 1990 at the Helsinki University of Technology. His dissertation was titled "Global Growth Strategies for High Technology Challengers". Alahuhta has also attended executive education qualifications from IMD Business School in Switzerland and received an Honorary Doctorate from Tampere University of Technology. Career Alahuhta joined Nokia as a Research Engineer in 1975. From 1982 to 1984 he was a Sales Director at Rank Xerox and he returned to Nokia as a Sales Director for the Transmissions Systems Busines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OMX Helsinki 25
OMX Helsinki 25 (, formerly HEX25) is a stock market index for the Helsinki Stock Exchange. It is a market value weighted index that consists of the 25 most-traded stock classes. The maximum weight for a single stock is limited to 10%. This is mainly to limit Nokia's weight in the index, although Fortum and Sampo Group were also capped in a February 2009 reshuffle. Components As of August 2020, the following 25 companies make up the index: See also *Helsinki Stock Exchange The Nasdaq Helsinki, formerly known as the Helsinki Stock Exchange ( fi, Helsingin Pörssi, sv, Helsingforsbörsen), is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic (previously called ... References External linksBloomberg page for HEX25:IND {{ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Helsinki Stock Exchange
The Nasdaq Helsinki, formerly known as the Helsinki Stock Exchange ( fi, Helsingin Pörssi, sv, Helsingforsbörsen), is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic (previously called ''OMX''). After the OMX merger, it was referred to as ''OMX Helsinki'' (OMXH), then after NASDAQ's acquisition of OMX in February 2008, ''NASDAQ OMX Helsinki'', and currently Nasdaq Helsinki. History The Helsinki Stock Exchange saw its first transaction on October 7, 1912. From then it remained a "free form" financial association until in 1984 it was converted into a cooperative owned mostly by banks, traders, other companies and associations. On April 1, 1990, trading was moved to a new digital system: HETI (Helsinki Stock Exchange Automated Trading and Information System, and in Finnish a rough backronym for "immediately"), which replaced the electro-mechanical trading board originally introduced back in 1935. HETI enabled remote ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outokumpu
Outokumpu Oyj is a group of international companies headquartered in Helsinki, Finland, employing 10,600 employees in more than 30 countries. Outokumpu is the largest producer of stainless steel in Europe and the second largest producer in the Americas. Outokumpu also has a long history as a mining company, and still mines chromium ore in Keminmaa for use as ferrochrome in stainless steel. The largest shareholder of Outokumpu is the Government of Finland, with 26.6% ownership, including the shares controlled by Solidium, The Social Insurance Institution of Finland, Finnish State Pension Fund and Municipality Pension Agency. Company history In 1908, a large deposit of copper ore was discovered in Outokumpu, in Northern Karelia. Outokumpu was established to develop the now-exhausted mine. In the 1940s, Outokumpu developed the flash smelting process for smelting copper. From 1986 to 1988 Outokumpu participated in a stainless steel cartel; it was caught in 1990, but not fined. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Espoo
Espoo (, ; sv, Esbo) is a city and municipality in the region of Uusimaa in the Republic of Finland. It is located on the northern shore of the Gulf of Finland, bordering the cities of Helsinki, Vantaa, Kirkkonummi, Vihti and Nurmijärvi while surrounding the enclaved town of Kauniainen. The city covers with a population of about 300 000 residents in 2022, making it the 2nd-most populous city in Finland. Espoo forms a major part of a substantially larger metropolitan area known as Greater Helsinki, home to over 1.5 million people in 2020. Espoo was first settled in the Prehistoric Era, with the first signs of human settlements going back as far as 8,000 years, but the population effectively disappeared in the early stages of the Iron Age. In the Early Middle Ages, the area was resettled by Tavastians and Southwestern Finns. After the Northern Crusades, Swedish settlers started migrating to the coastal areas of present-day Finland, and Espoo was established as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smelting
Smelting is a process of applying heat to ore, to extract a base metal. It is a form of extractive metallurgy. It is used to extract many metals from their ores, including silver, iron, copper, and other base metals. Smelting uses heat and a chemical reducing agent to decompose the ore, driving off other elements as gases or slag and leaving the metal base behind. The reducing agent is commonly a fossil fuel source of carbon, such as coke—or, in earlier times, charcoal. The oxygen in the ore binds to carbon at high temperatures due to the lower potential energy of the bonds in carbon dioxide (). Smelting most prominently takes place in a blast furnace to produce pig iron, which is converted into steel. The carbon source acts as a chemical reactant to remove oxygen from the ore, yielding the purified metal element as a product. The carbon source is oxidized in two stages. First, the carbon (C) combusts with oxygen (O2) in the air to produce carbon monoxide (CO). Second, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Espoo
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 pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benchmarking
Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost. Benchmarking is used to measure performance using a specific indicator (cost per unit of measure, productivity per unit of measure, cycle time of x per unit of measure or defects per unit of measure) resulting in a metric of performance that is then compared to others. Also referred to as "best practice benchmarking" or "process benchmarking", this process is used in management in which organizations evaluate various aspects of their processes in relation to best-practice companies' processes, usually within a peer group defined for the purposes of comparison. This then allows organizations to develop plans on how to make improvements or adapt specific best practices, usually with the aim of increasing some aspect of performance. Benchmarking may be a one-off event, but is often ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
