Nyheter & pressmeddelanden

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.

Ovako will publish its report for the first quarter at 07.30 on April 28, 2015.

Ovako has completed its acquisition of Tibnor Oy following approval from the European Commission and the competition authorities in Finland and Estonia.

As companies push the limits of performance in cold climates and harsh sub-zero Arctic environments, demand for strong, safe and well-proven materials is on the rise. Components like pipeline bolts, hydraulic parts and offshore lifting devices must offer greater reliability at -50°C or lower sub-zero temperatures.

High performance components are currently expected to withstand higher loads over longer periods of time. The purity of clean steels by Ovako is further developed to eliminate fatigue failures and extend service life to meet these high strength demands.

Ovako has today published its Annual Report for 2014. An English or a Swedish version can be downloaded here.