Metso Outotec

Metso Outotec Oyj is a Finnish publicly traded company that was established in 2020 when Outotec and Metso Minerals merged.[2] The company is focusing on providing technology and services for mining, aggregates, recycling and metal refining industries.[3]

Metso Outotec Oyj
TypeJulkinen osakeyhtiö
Nasdaq Helsinki: MOCORP
IndustryIndustrial machinery
PredecessorMetso
Outotec
FoundedJuly 1, 2020 (2020-07-01)
Headquarters
Helsinki
,
Finland
Key people
Mikael Lilius (Chairman), Pekka Vauramo (President and CEO)
ProductsIndustrial company serving the mining, construction and recycling industries.
Number of employees
15,600 (2020)[1]
Websitewww.mogroup.com

European Commission accepted Metso's and Outotec's merger on May 13, 2020[4] and company started operations on July 1, 2020.[5]

Organization

Metso's President and CEO Pekka Vauramo became the company's President and CEO. Mikael Lilius, former Chairman of the Board of Metso, is the Chairman of the Board, and Matti Alahuhta, former Chairman of the Board of Outotec, is the Deputy Chairman of the Board.[6] Company employs a total of more than 15,000 people worldwide in more than 50 countries.[7]

References
  1. "Key facts". Metso Outotec. Retrieved 11 August 2020.
  2. "Metso Corporation's partial demerger has been registered – Metso Corporation and Outotec Oyj have completed the combination of Metso's Minerals business and Outotec". Metso Outotec. Retrieved 11 August 2020.
  3. "Metso Outotec starts operations –partner for aggregates, minerals, metals and recycling industries". Bioenergy International. Retrieved 12 September 2020.
  4. "Euroopan komissio siunasi Outotecin ja Metso Mineralsin yhdistymisen". Helsingin Sanomat (in Finnish). Retrieved 15 September 2020.
  5. "Metso Outotec starts operations –partner for positive change for tomorrow's aggregates, minerals, metals and recycling industries". Metso Outotec. Retrieved 11 August 2020.
  6. "Metso jakautuu kahtia, Metso Minerals ja Outotec yhdistyvät – Toimitusjohtaja Vauramo: Aivan varmasti henkilöstövaikutuksia tulee". Yle (in Finnish). Retrieved 15 September 2020.
  7. "Juuri yhdistynyt Metso Outotec vähentää jopa 280 työntekijää Suomesta". Satakunnan Kansa (in Finnish). Retrieved 15 September 2020.
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