News and Events

Ovako in Smedjebacken and NCC Roads have signed a 10-year contract for the supply of steel slag. The by-product is used as aggregate in asphalt, providing more stable and quieter roads that require less re-laying.

Joakim Olsson has been elected as a new member of Ovako's board of directors.

In response to lower demand for tube products, Ovako plans to move from four shifts to three in the production of hot-rolled and processed tube at the mill in Hofors. Negotiations with the local trade unions will commence immediately. The ambition is to manage the redundancy of about 35 jobs through natural attrition to the degree possible.

The information below shows Ovako's report for the second quarter of 2015.

Ovako will publish its report for the second quarter at 14.00 CET on July 16, 2015.

Janne Pirttijoki has been appointed President of Business Area Bar Imatra and will join Ovako's group management. Janne Pirttijoki comes from a position as Head of Product Group Tubes and Sections at SSAB, and has extensive experience from senior positions at Ruukki. Janne Pirttijoki will take up his appointment on 1 August.

Ovako is investing EUR 7.5 million in Hofors to meet demand from the energy sector, particularly in wind power. The initiative is part of a previously announced investment programme aimed at developing Ovako in Hofors in advanced applications for clean steel.

The information below shows Ovako's report for the first quarter of 2015.