Printer Friendly

Finland's Outokumpu Oyj to expand stock and processing capability in France.

NORDIC BUSINESS REPORT-7 February 2008-Finland's Outokumpu Oyj to expand stock and processing capability in France(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish stainless steel group Outokumpu Oyj said on Thursday (7 February) that it will expand its stock and processing capability in France.

The project will entail the relocation of the current coil service centre from Azay sur Cher some 40km east to new premises in Noyers sur Cher in Central France.

New cutting equipment will be installed to enable the processing of stainless steel plate, as well, the company said.

The total investment is some EUR14m over two years.

Outokumpu, headquartered in Espoo in Finland, is an international stainless steel company with 9,000 employees in 30 countries and annual sales of EUR5bn. Outokumpu is listed on the Nordic Exchange in Helsinki.

One British pound (GBP) is worth approximately 1.34 euros (EUR).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2008 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Nordic Business Report
Article Type:Brief article
Date:Feb 7, 2008
Words:159
Previous Article:Ericsson signs managed services contract with TDC A/S.
Next Article:Nokia Siemens Networks signs EUR320m agreement in Russia.
Topics:

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |