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Valmet Automotive
Valmet M82, Valmet Automotive (formerly known as Saab-Valmet) is a Finnish vehicle contract manufacturer and supplier for the development and production of battery systems as well as a supplier for roof and kinematic systems. In its development, the Valmet Automotive Group focuses on electromobility with the development and production of battery modules and complete battery packs for electrified vehicles. In addition to the vehicle plant in Uusikaupunki, the company operates battery plants in Salo and Uusikaupunki in Finland; a third battery plant in Kirchardt, Germany will go into operation in 2022. Valmet Automotive has sites in Finland, Germany and Poland. The largest shareholders in Valmet Automotive Group are the Finnish state investment company Tesi and Pontos Group, each with a 38.46 percent stake. 23.08 percent is held by China's Contemporary Amperex Technology Limited (CATL). Expertise Valmet Automotive has three business lines: Vehicle Manufacturing, EV Systems, and ...
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Valmet Automotive
Valmet M82, Valmet Automotive (formerly known as Saab-Valmet) is a Finnish vehicle contract manufacturer and supplier for the development and production of battery systems as well as a supplier for roof and kinematic systems. In its development, the Valmet Automotive Group focuses on electromobility with the development and production of battery modules and complete battery packs for electrified vehicles. In addition to the vehicle plant in Uusikaupunki, the company operates battery plants in Salo and Uusikaupunki in Finland; a third battery plant in Kirchardt, Germany will go into operation in 2022. Valmet Automotive has sites in Finland, Germany and Poland. The largest shareholders in Valmet Automotive Group are the Finnish state investment company Tesi and Pontos Group, each with a 38.46 percent stake. 23.08 percent is held by China's Contemporary Amperex Technology Limited (CATL). Expertise Valmet Automotive has three business lines: Vehicle Manufacturing, EV Systems, and ...
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Saab-Valmet Autofabrik (Uusikaupunki, Nystad, Finnland)
Valmet Automotive (formerly known as Saab-Valmet) is a Finnish vehicle contract manufacturer and supplier for the development and production of battery systems as well as a supplier for roof and kinematic systems. In its development, the Valmet Automotive Group focuses on electromobility with the development and production of battery modules and complete battery packs for electrified vehicles. In addition to the vehicle plant in Uusikaupunki, the company operates battery plants in Salo and Uusikaupunki in Finland; a third battery plant in Kirchardt, Germany will go into operation in 2022. Valmet Automotive has sites in Finland, Germany and Poland. The largest shareholders in Valmet Automotive Group are the Finnish state investment company Tesi and Pontos Group, each with a 38.46 percent stake. 23.08 percent is held by China's Contemporary Amperex Technology Limited (CATL). Expertise Valmet Automotive has three business lines: Vehicle Manufacturing, EV Systems, and Roof & Kinem ...
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Incorporation (business)
Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town. In the United States Specific incorporation requirements in the United States differ on a state by state basis. However, there are common pieces of information that states require to be included in the certificate of incorporation. *Business purpose *Corporation name *Registered agent *Inc. *Share par value *Number of authorized shares of stock *Directors *Preferred shares *Officers *Legal address A business purpose describes the incorporated tasks a company has to do or provide. The purpose can be general, indicating that the budding company has been formed to carry out "all lawful business" in the region. Alternatively, the purpose can be specific, furnishing a more detailed explanation of the products and/or services to be offered by their company. The chosen name should be followed with a corporate iden ...
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Salo, Finland
Salo () is a List of cities and towns in Finland, town and municipalities of Finland, municipality of Finland. It is located in the Southwest Finland regions of Finland, region. The municipality has a population of () and covers an area of of which is water. The population density is . The municipality is unilingually Finnish language, Finnish. In Finnish ''salo'' means woodland, backwoods but also a wooded island. It is thought that Salo has meant the island that over thousand years ago existed to the south of the current town but is today (due to the post-glacial rebound typical in the area) a hill, not even very close to the sea. Salo is located between the capital Helsinki (distance ) and the provincial capital Turku (distance ), making it a busy small city. The short distance from these bigger cities keeps the Salo region and its business life growing. Farming also plays a considerable part in the area. Salo's neighbouring municipalities are Koski Tl, Lohja, Kimitoön, Ma ...
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Karmann
Wilhelm Karmann GmbH, commonly known as simply Karmann, was a German automobile manufacturer and contract manufacturer based in Osnabrück. Founded by Wilhelm Karmann in 1901, the company specialized in a variety of automotive roles, including design, production and assembly of components for a wide variety of automobile manufacturers, including Chrysler, Porsche, Mercedes-Benz and Volkswagen Group. The company was broken up in 2010, after filing for bankruptcy the previous year. Its convertible roof components were purchased by Webasto, Magna Steyr, and Valmet Automotive— while the Osnabrück assembly plant, vehicle development, tools, and assembly systems were transferred to Volkswagen. History Karmann was established in 1901 when Wilhelm Karmann purchased Klages, a coachbuilder founded in 1874, and renamed the business. The company then grew together with the expanding automobile industry. Karmann became known for its work on convertibles, coupés, and other niche model ...
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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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Tekniikan Maailma
''Tekniikan Maailma'', abbreviation ''TM'', ( en, World of Technology) is one of the leading automobile magazines in published in Helsinki, Finland, and the biggest all around technology magazine in Scandinavia. History and profile ''Tekniikan Maailma'' started in 1953. The magazine is based in Helsinki. It is owned by Otavamedia and is published monthly by Yhtyneet Kuvalehdet Oy. ''Tekniikan Maailma'' covers all kinds of technology but around half of its content is related to automobiles A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded as .... Circulation In 2002 ''Tekniikan Maailma'' had a circulation of 140,838 copies. The circulation of the magazine was 145,900 copies in 2006 and 150,800 copies in 2007. In 2009 Tekniikan Maailma was 148,000 copies. In 2010 its circulation fell to ...
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Simca-Talbot Horizon
The Chrysler Horizon is a compact hatchback that was designed by Chrysler Europe and was produced from 1978 to 1987 under the Chrysler, Simca and Talbot nameplates. The successor to both the Simca 1100 and Hillman Avenger, the Horizon adopted a front-wheel drive, transverse-engine layout. The model line was the first (and only) world car developed by Chrysler Corporation, who developed the American-market Dodge Omni/Plymouth Horizon in tandem, following the start of the Chrysler Europe project. While similar in appearance (for the Plymouth brand, sharing a nameplate), the Horizon would have substantial functional differences from its American counterpart. Following the 1978 sale of Chrysler Europe to Peugeot, the Horizon was rebranded under the revived Talbot marque from 1979 onward. Alongside assembly in Chrysler Europe (later Peugeot) facilities in France and the United Kingdom, the Horizon was assembled by Saab in Finland and by Peugeot-Talbot in Spain. Origins The ...
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Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland across Estonia to the south. Finland covers an area of with a population of 5.6 million. Helsinki is the capital and largest city, forming a larger metropolitan area with the neighbouring cities of Espoo, Kauniainen, and Vantaa. The vast majority of the population are ethnic Finns. Finnish, alongside Swedish, are the official languages. Swedish is the native language of 5.2% of the population. Finland's climate varies from humid continental in the south to the boreal in the north. The land cover is primarily a boreal forest biome, with more than 180,000 recorded lakes. Finland was first inhabited around 9000 BC after the Last Glacial Period. The Stone Age introduced several differ ...
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Saab-Scania
Saab-Scania AB was a Swedish vehicle manufacturer that was formed from the 1969 merger of Saab AB and Scania-Vabis. The company was split in 1995. History Truck and bus manufacturer Scania AB of Södertälje merged with car and aeroplane manufacturer Saab AB of Trollhättan on 1 September 1969, under the Wallenberg family group of companies. The merger meant that Saab no longer had to import the British Triumph Slant-4 engine, and could instead use the engine production facilities of Scania. In 1972 they started manufacturing the 2.0 L B version. In 1977, Saab took advantage of Scania's experience with turbochargers and added one to the engine, thus creating one of the earliest turbocharged automobile engines to be produced in large numbers. When the corporation was split in 1995, the name of the truck and bus division changed back to Scania AB. Saab Aircraft (Saab AB) and Saab cars were also split, with General Motors buying a major holding in Saab Automobile AB. Divisio ...
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Valmet
Valmet Oyj is a Finnish company and a developer and supplier of technologies, automation systems and services for the pulp (paper), pulp, paper and energy industry, energy industries. Valmet has over 200 years of history as an industrial operator. Formerly owned by the State of Finland, Valmet was reborn in December 2013 with the demerger of the pulp, paper and power businesses from Metso Corporation. Valmet's services include maintenance outsourcing, mill and power plant improvements, and spare parts. The company provides technology for pulp, tissue, board and paper mills and bioenergy plants. Valmet has operations in more than 40 countries and it employs about 17,000 people. Its headquarters are located in Espoo, and it is listed on the Helsinki Stock Exchange, Nasdaq Helsinki. In 2021, Valmet's net sales totaled €3.9 billion. History Historical products During its history, Valmet has made ships, trains, aeroplanes, tractors, clocks and weapons, as described in the ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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