##### 



SUBSIDIARIES OF METSO CORPORATION
 Name
    
    Country of Incorporation
    
    Ownership %Allis Mineral Systems Inc
    
    USA
    
    
    100
    %Cable Belt Conveyors Pty Ltd
    
    South Africa
    
    
    100
    %Caldebro S.L.
    
    Spain
    
    
    100
    %Construcciones Y Estudios Industriales S.A.
    
    Spain
    
    
    100
    %Ebroelec S.L.
    
    Spain
    
    
    100
    %Etix SA
    
    France
    
    
    100
    %Inmobiliria Los Retamos Ltda
    
    Chile
    
    
    80
    %Jamesbury de Mexico SA de CV
    
    Mexico
    
    
    100
    %Jamesbury Shanghai Valve (USA) Inc
    
    USA
    
    
    100
    %Kaukotalo Oy
    
    Finland
    
    
    88.6
    %KV Kamfab AB
    
    Sweden
    
    
    100
    %KV Pulping GesmbH
    
    Austria
    
    
    100
    %KV Pulping Pte Ltd
    
    Singapore
    
    
    100
    %KV Pulping SA
    
    France
    
    
    100
    %Lindemann Recycling Equipment Inc
    
    USA
    
    
    100
    %Loro & Parisini SpA
    
    Italy
    
    
    100
    %MEO1V Incentive ky
    
    Finland
    
    
    100
    %Metso Automation (ANZ) Pty Ltd
    
    Australia
    
    
    100
    %Metso Automation (Shanghai) Co. Ltd
    
    China
    
    
    100
    %Metso Automation A/S
    
    Norway
    
    
    100
    %Metso Automation AB
    
    Sweden
    
    
    100
    %Metso Automation BV
    
    Netherlands
    
    
    100
    %Metso Automation Canada Ltd
    
    Canada
    
    
    100
    %Metso Automation Chile Ltda
    
    Chile
    
    
    100
    %Metso Automation Co Ltd
    
    Thailand
    
    
    100
    %Metso Automation do Brasil Ltda
    
    Brazil
    
    
    100
    %Metso Automation Espana SA
    
    Spain
    
    
    100
    %Metso Automation FZE
    
    United Arab Emirates
    
    
    100
    %Metso Automation GesmbH
    
    Austria
    
    
    100
    %Metso Automation GmbH
    
    Germany
    
    
    100
    %Metso Automation India Pvt Ltd
    
    India
    
    
    100
    %Metso Automation KK
    
    Japan
    
    
    100
    %Metso Automation Korea Ltd
    
    South Korea
    
    
    100
    %Metso Automation Ltd
    
    Great Britain
    
    
    100
    %Metso Automation Max Controls Inc.
    
    USA
    
    
    100
    %Metso Automation Oy
    
    Finland
    
    
    100
    %Metso Automation Polska Sp. z o.o.
    
    Poland
    
    
    100
    %Metso Automation Portugal, Lda
    
    Portugal
    
    
    100
    %Metso Automation Pte Ltd
    
    Singapore
    
    
    100
    %Metso Automation RSA (Pty) Ltd
    
    South Africa
    
    
    100
    %Metso Automation S.A.S.
    
    France
    
    
    100
    %Metso Automation s.r.o.
    
    Czech Republic
    
    
    100
    %
 1




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##### 



Name
    
    Country of Incorporation
    
    Ownership %Metso Automation SA NV
    
    Belgium
    
    
    100
    %Metso Automation SpA
    
    Italy
    
    
    100
    %Metso Automation USA Inc
    
    USA
    
    
    100
    %Metso Belgium N.V.
    
    Belgium
    
    
    100
    %Metso Brazil Indústria e Comércio Ltda
    
    Brazil
    
    
    100
    %Metso Canada Ltd
    
    Canada
    
    
    100
    %Metso Capital Oy
    
    Finland
    
    
    100
    %Metso Captive Insurance Limited
    
    Great Britain
    
    
    100
    %Metso Deutschland GmbH
    
    Germany
    
    
    100
    %Metso Endress+Hauser Oy
    
    Finland
    
    
    90
    %Metso Engineering Oy
    
    Finland
    
    
    100
    %Metso Fiber Karlstad AB
    
    Sweden
    
    
    100
    %Metso Fiber KK
    
    Japan
    
    
    100
    %Metso Fiber SA (Pty) Ltd
    
    South Africa
    
    
    100
    %Metso Foundries Jyväskylä Oy
    
    Finland
    
    
    100
    %Metso Foundries Karlstad AB
    
    Sweden
    
    
    100
    %Metso Lindemann GmbH
    
    Germany
    
    
    100
    %Metso Lokomo Steels Oy
    
    Finland
    
    
    100
    %Metso Minerals (Argentina) S.A.
    
    Argentina
    
    
    100
    %Metso Minerals (Asia-Pacific) Pte Ltd
    
    Singapore
    
    
    100
    %Metso Minerals (Asia-Pacific) Pty Ltd
    
    Australia
    
    
    100
    %Metso Minerals (Australia) Ltd
    
    Australia
    
    
    100
    %Metso Minerals (Austria) GmbH
    
    Austria
    
    
    100
    %Metso Minerals (Belux) SA
    
    Belgium
    
    
    100
    %Metso Minerals (Cappagh) Ltd
    
    Great Britain
    
    
    100
    %Metso Minerals (Chile) SA
    
    Chile
    
    
    100
    %Metso Minerals (Cisa) SA
    
    France
    
    
    51
    %Metso Minerals (Czech Republic) s.r.o.
    
    Czech Republic
    
    
    100
    %Metso Minerals (Denmark) A/S
    
    Denmark
    
    
    100
    %Metso Minerals (Dordrecht) BV
    
    Netherlands
    
    
    100
    %Metso Minerals (Finland) Oy
    
    Finland
    
    
    100
    %Metso Minerals (France) SA
    
    France
    
    
    100
    %Metso Minerals (Germany) GmbH
    
    Germany
    
    
    100
    %Metso Minerals (Ghana) Ltd
    
    Ghana
    
    
    100
    %Metso Minerals (Hong Kong) Ltd
    
    China
    
    
    100
    %Metso Minerals (Hungary) Kft
    
    Hungary
    
    
    100
    %Metso Minerals (India) Private Ltd
    
    India
    
    
    100
    %Metso Minerals (Italy) SpA
    
    Italy
    
    
    100
    %Metso Minerals (Johannesburg) (Pty) Ltd
    
    South Africa
    
    
    100
    %Metso Minerals (Kiruna) AB
    
    Sweden
    
    
    100
    %Metso Minerals (Lebanon) s.a.r.l.
    
    Lebanon
    
    
    100
    %Metso Minerals (Malaysia) Sdn Bhd
    
    Malaysia
    
    
    100
    %Metso Minerals (Matamata) Ltd
    
    New Zealand
    
    
    100
    %Metso Minerals (Mexico) SA de CV
    
    Mexico
    
    
    100
    %Metso Minerals (Moers) GmbH
    
    Germany
    
    
    100
    %Metso Minerals (Mumbai) Private Ltd
    
    India
    
    
    100
    %Metso Minerals (Netherlands) BV
    
    Netherlands
    
    
    100
    %Metso Minerals (New Zealand) Ltd
    
    New Zealand
    
    
    100
    %Metso Minerals (Norway) A/S
    
    Norway
    
    
    100
    %
 2




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##### 



Name
    
    Country of Incorporation
    
    Ownership %Metso Minerals (Peru) SA
    
    Peru
    
    
    100
    %Metso Minerals (Philippines) Inc.
    
    Philippines
    
    
    100
    %Metso Minerals (Poland) Sp. z o.o.
    
    Poland
    
    
    100
    %Metso Minerals (Portugal) Lda
    
    Portugal
    
    
    100
    %Metso Minerals (Property) GmbH
    
    Germany
    
    
    100
    %Metso Minerals (Pyrotherm) Pty Ltd
    
    Australia
    
    
    100
    %Metso Minerals (Sala) AB
    
    Sweden
    
    
    100
    %Metso Minerals (Singapore) Pte Ltd
    
    Singapore
    
    
    100
    %Metso Minerals (South Africa) Pty Ltd
    
    South Africa
    
    
    100
    %Metso Minerals (Sweden) AB
    
    Sweden
    
    
    100
    %Metso Minerals (Switzerland) AG
    
    Switzerland
    
    
    100
    %Metso Minerals (Tampere) Oy
    
    Finland
    
    
    100
    %Metso Minerals (Thailand) Co. Ltd
    
    Thailand
    
    
    100
    %Metso Minerals (Tianjin) Co. Ltd
    
    China
    
    
    100
    %Metso Minerals (Tianjin) International Trade Co. Ltd
    
    China
    
    
    100
    %Metso Minerals (UK) Ltd
    
    Great Britain
    
    
    100
    %Metso Minerals (Wear Protection) AB
    
    Sweden
    
    
    100
    %Metso Minerals (Wear Protection) Ltd
    
    Australia
    
    
    100
    %Metso Minerals (Zambia) Ltd
    
    Zambia
    
    
    100
    %Metso Minerals (Zimbabwe) PVT Ltd
    
    Zimbabwe
    
    
    100
    %Metso Minerals Algeria
    
    Algeria
    
    
    100
    %Metso Minerals Canada Inc.
    
    Canada
    
    
    100
    %Metso Minerals Chilean Holding Co.
    
    Chile
    
    
    100
    %Metso Minerals Dis Ticaret Limeted Sirketi
    
    Turkey
    
    
    99.8
    %Metso Minerals Espana SA
    
    Spain
    
    
    100
    %Metso Minerals Europa Holding AB
    
    Sweden
    
    
    100
    %Metso Minerals Holding (Germany) GmbH
    
    Germany
    
    
    100
    %Metso Minerals Holding AB
    
    Sweden
    
    
    100
    %Metso Minerals Holdings Inc
    
    USA
    
    
    100
    %Metso Minerals Industries Inc.
    
    USA
    
    
    100
    %Metso Minerals International B.V.
    
    Netherlands
    
    
    100
    %Metso Minerals Investment Holdings (SA)(Pty) Ltd
    
    South Africa
    
    
    100
    %Metso Minerals Japan Co. Ltd
    
    Japan
    
    
    100
    %Metso Minerals Oy
    
    Finland
    
    
    100
    %Metso Minerals Pty Ltd
    
    Australia
    
    
    100
    %Metso Minerals Reedrill (Australia) Pty Ltd
    
    Australia
    
    
    100
    %Metso Minerals Servicios (Argentina) S.A.
    
    Argentina
    
    
    100
    %Metso Minerals Skega Pty Ltd
    
    Australia
    
    
    100
    %Metso Minerals Systems AB
    
    Sweden
    
    
    100
    %Metso ND Engineering (Pty) Ltd
    
    South Africa
    
    
    70
    %Metso Oyj
    
    Finland
    
    
    100
    %Metso Panelboard AB
    
    Sweden
    
    
    100
    %Metso Panelboard GmbH
    
    Germany
    
    
    100
    %Metso Panelboard Oy
    
    Finland
    
    
    100
    %Metso Paper (ANZ) Pty Ltd
    
    Australia
    
    
    100
    %Metso Paper (Asia-Pacific) Pte Ltd
    
    Singapore
    
    
    100
    %Metso Paper (China) Co. Ltd
    
    China
    
    
    100
    %Metso Paper (Shanghai) Co. Ltd
    
    China
    
    
    100
    %Metso Paper (Thailand) Co., Ltd
    
    Thailand
    
    
    100
    %
 3




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##### 



Name
    
    Country of Incorporation
    
    Ownership %Metso Paper AG
    
    Switzerland
    
    
    100
    %Metso Paper Asesosias Tecnicas S.A.
    
    Chile
    
    
    100
    %Metso Paper Brasil Empreendimentos e Partisipacões Ltda
    
    Brazil
    
    
    100
    %Metso Paper Como S.p.A.
    
    Italy
    
    
    100
    %Metso Paper Czech Republic s.r.o.
    
    Czech Republic
    
    
    100
    %Metso Paper GesmbH
    
    Austria
    
    
    100
    %Metso Paper GmbH
    
    Germany
    
    
    100
    %Metso Paper Gorizia S.p.A.
    
    Italy
    
    
    100
    %Metso Paper India Private Limited
    
    India
    
    
    100
    %Metso Paper Indonesia Limited
    
    Indonesia
    
    
    100
    %Metso Paper Japan Co. Ltd
    
    Japan
    
    
    100
    %Metso Paper Karlstad AB
    
    Sweden
    
    
    100
    %Metso Paper KK.
    
    Japan
    
    
    100
    %Metso Paper Korea Inc.
    
    South Korea
    
    
    100
    %Metso Paper Limited
    
    Great Britain
    
    
    100
    %Metso Paper Ltd
    
    Canada
    
    
    100
    %Metso Paper Oy
    
    Finland
    
    
    100
    %Metso Paper Pori Oy
    
    Finland
    
    
    100
    %Metso Paper S.A.
    
    Spain
    
    
    100
    %Metso Paper S.A.
    
    Chile
    
    
    100
    %Metso Paper SAS
    
    France
    
    
    100
    %Metso Paper Service SA
    
    France
    
    
    100
    %Metso Paper South Africa (Pty) Ltd
    
    South Africa
    
    
    100
    %Metso Paper Sulamericana Ltda
    
    Brazil
    
    
    100
    %Metso Paper Sundsvall AB
    
    Sweden
    
    
    100
    %Metso Paper Technology (Shanghai) Co Ltd
    
    China
    
    
    100
    %Metso Paper Turku Works Oy
    
    Finland
    
    
    100
    %Metso Paper USA Inc.
    
    USA
    
    
    100
    %Metso Paper Valkeakoski Oy
    
    Finland
    
    
    100
    %Metso Paper ZAO
    
    Russia
    
    
    100
    %Metso Powdermet Oy
    
    Finland
    
    
    100
    %Metso Power AB
    
    Sweden
    
    
    100
    %Metso Power Oy
    
    Finland
    
    
    100
    %Metso S.p.A.
    
    Italy
    
    
    100
    %Metso SAS
    
    France
    
    
    100
    %Metso Shared Services Limited
    
    Canada
    
    
    100
    %Metso Shared Services Oy
    
    Finland
    
    
    100
    %Metso Svenska AB
    
    Sweden
    
    
    100
    %Metso Texas Shredder Inc.
    
    USA
    
    
    100
    %Metso USA Inc.
    
    USA
    
    
    100
    %Neles-Jamesbury Inc.
    
    USA
    
    
    100
    %Nordberg Mills (Sweden) AB
    
    Sweden
    
    
    100
    %Novikat Oy
    
    Finland
    
    
    60
    %Noviter Eesti
    
    Estonia
    
    
    60
    %Noviter Oy
    
    Finland
    
    
    60
    %Oy Skega AB
    
    Finland
    
    
    100
    %Pinaltek Oy
    
    Finland
    
    
    100
    %Porin Hallintopalvelut Oy
    
    Finland
    
    
    100
    %PT Metso Automation
    
    Indonesia
    
    
    100
    %
 4




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##### 



Name
    
    Country of Incorporation
    
    Ownership %PT Metso Minerals Indonesia Ltda
    
    Indonesia
    
    
    100
    %Roval SAS
    
    France
    
    
    100
    %Sako Kiinteistöt Oy
    
    Finland
    
    
    100
    %Scandinavian Mill Service Czech s.r.o
    
    Czech Republic
    
    
    100
    %Scandinavian Mill Service A/S
    
    Norway
    
    
    100
    %Scandinavian Mill Service AB
    
    Sweden
    
    
    100
    %Scandinavian Mill Service Automation Oy
    
    Finland
    
    
    100
    %Scandinavian Mill Service Husum AB
    
    Sweden
    
    
    100
    %Scandinavian Mill Service Kauttua Oy
    
    Finland
    
    
    100
    %Scandinavian Mill Service Oy
    
    Finland
    
    
    100
    %Scandinavian Mill Service S.L.
    
    Spain
    
    
    81
    %Skega (Pty) Ltd
    
    South Africa
    
    
    100
    %StoneL Corporation
    
    USA
    
    
    100
    %Svedala (Malaysia) Sdn Bhd
    
    Malaysia
    
    
    100
    %Svedala (Philippines) Inc
    
    The Philippines
    
    
    100
    %Svedala de Mexico SA de CV
    
    Mexico
    
    
    100
    %Svedala Holding SA de CV
    
    Mexico
    
    
    100
    %Svedala Inc
    
    USA
    
    
    100
    %Svedala Lindemann Ltd
    
    Great Britain
    
    
    100
    %Svedala Ltd
    
    Great Britain
    
    
    100
    %Svedala Manufacturing Sdn Bhd
    
    Malaysia
    
    
    100
    %Svedala MFG SA de CV
    
    Mexico
    
    
    100
    %Svedala Services Inc
    
    USA
    
    
    100
    %Texas Shredder Poland Sp. Zoo
    
    Poland
    
    
    100
    %Valmet Automotive Oy
    
    Finland
    
    
    100
    %Valmet Converting Inc.
    
    USA
    
    
    100
    %Valmet Defibrator A/S
    
    Norway
    
    
    100
    %Valmet Dura Oy
    
    Finland
    
    
    60
    %Valmet Dura USA Inc.
    
    USA
    
    
    60
    %Valmet Ltd
    
    Great Britain
    
    
    100
    %VEÅ AB
    
    Sweden
    
    
    100
    %VVN Solutions GmbH
    
    Germany
    
    
    51
    %ZAO Metso Automation
    
    Russia
    
    
    100
    %ZAO Metso Minerals (CIS)
    
    Russia
    
    
    100
    %
 5