http://www.ovako.com/ News Ovako Group http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-11-09/ Third quarter 2011 • Net sales amounted to EUR 244 (204) million, an increase of 20 percent compared to third quarter 2010, of which volume increased with 9 percentage points. • Operating profit (EBIT) was EUR 7 (2) million, corresponding to 2.7 (1.0) percent of net sales during the seasonally weak third quarter. • Net profit for the quarter was EUR -5 million. • Cash flow from operations was E... http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-11-09/ Wed, 09 Nov 2011 07:38:22 GMT http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-11-091/   Ovako is expanding its Group Management with two new recruitments: Göran Nyström will take up the new post as Head of Group Marketing & Technology and Carl-Michael Raihle will be in charge of the Tube and Ring Business Area in Hofors, Sweden. In addition, Rickard Qvarfort will head the Bar SmeBox Business Area, consisting of the steelworks and rolling mills at Smedjebacken and Boxholm, Sweden... http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-11-091/ Wed, 09 Nov 2011 07:39:34 GMT http://www.ovako.com/System/Functions/Press_release_archive/2011/Pressrelease111101/ Beginning next year, Ovako will decrease the production rate at its units in Sweden and Finland. The reason behind the decision is the macroeconomic uncertainty, which has curbed demand in several markets. The adjustment will be carried out within the framework of fixed-term employment contracts as well as the flexibility agreements between the company and the trade unions. Until September,... http://www.ovako.com/System/Functions/Press_release_archive/2011/Pressrelease111101/ Tue, 01 Nov 2011 07:34:28 GMT http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release/ Viktoria Karsberg appointed Head of Group Communications at Ovako As a step in its efforts to strengthen its brand and make the company better known to the general public, Ovako has decided to increase its communications and marketing resources. The Group Communications function will manage external and internal communications, including media and public relations. A newly established function,... http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release/ Thu, 15 Sep 2011 14:22:27 GMT http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-09-05/ Jorma Eloranta newly appointed board member of leading European special steel company Ovako AB.   Jorma Eloranta has extensive experience from senior positions in globally prominent companies. His previous positions include President and CEO of engineering group Metso, shipbuilding group Kvaerner Masa-Yards and defence group Patri Industries, and Executive Vice President of consulting and... http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-09-05/ Thu, 15 Sep 2011 14:13:07 GMT http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-05-31/ Marcus Hedblom has been appointed Chief Financial Officer (CFO) for Ovako. He transfers to Ovako from the airline SAS, where he is currently Deputy Group CFO. Hedblom, 41, has a master’s degree in Engineering, with a major in Industrial Engineering and Management, from the Institute of Technology at Linköping University. During his career he has held various positions at McKinsey, Scania and SA... http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-05-31/ Wed, 08 Jun 2011 16:14:27 GMT http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-03-30/ Ovako, the leading European producer of special steel products, has decided to invest in a new ring mill to meet the increased demand for bearing steel used in large wind turbines. The new mill will be built in connection with the Group’s existing ring mills at Hofors in Sweden and the value of the investment is close to EUR 8 million. Construction of the mill will take place during the second... http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-03-30/ Wed, 30 Mar 2011 12:19:25 GMT http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-01-21/ Ovako, the leading European special steel manufacturer, will have a new President & CEO. Tom Erixon will take up the post on 1 April 2011. He will succeed Jarmo Tonteri, who will continue as President & CEO until that date. Tom Erixon is currently President of Sandvik Coromant. His career includes various executive positions in the Sandvik Group, preceded by a post as a consultant and partner... http://www.ovako.com/System/Functions/Press_release_archive/2011/Press-release-2011-01-21/ Wed, 30 Mar 2011 12:24:28 GMT