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The transaction is planned to be financed with a EUR40m market-based loan granted by Standard Chartered Bank Hong Kong .
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Finnish Rautaruukki is selling its precision tube and automotive component processing unit Carl Froh in Germany to German Arques Industries .
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ST. PETERSBURG , Oct 14 ( PRIME-TASS ) -- Finnish tire producer Nokian Tyres plans to invest about 50 million euros in the expansion of its tire plant in the city of Vsevolozhsk in Russia 's Leningrad Region in 2011 , the company 's President Kim Gran told reporters Thursday .
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Profit for the period fell to EUR 1.6 mn from EUR 7.5 mn in January-September 2008 .
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Performance in the second half of 2009 exceeded expectations .
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The company is now withdrawing the second part , EUR 7.2 mn , of the investment commitment .
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The company recorded revenues of E658 .1 million during the fiscal year ended December 2007 , an increase of 23 % over 2006 .
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Marketing will use Tikkurila 's existing infra structure and local knowledge in Russia .
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In Finland , the launch of tie-in sales of 3G mobile phones did not cause a dramatic rush in mobile retail outlets during the first few days .
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In this way , the industry 's starting point has been the consumers ' needs .
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Operating profit improved by 39.9 % to EUR 18.0 mn from EUR12 .8 mn .
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The composite body is coated with a hard coating layer produced by thermal spraying , and the coating is ground . ''
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STX Finland Oy signed a a preliminary agreement for the building of an environmentally friendly , new generation cruise ferry for Viking Line to manage on between Turku , Finland , and Stockholm , Sweden withViking Line ABP .
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The EBRD is using its own funds to provide a 21.6 million A loan while the B portion of 10 million Euros has been syndicated to two Finnish commercial banks , Nordea Bank Finland Plc 7.7 million Euros and Pohjola Bank Plc 2.3 million Euros .
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Finnish industrial group Ruukki Group Plc OMX Helsinki : RUG1V said on Friday 14 November that its furniture business segment Incap Furniture has concluded personnel negotiations that were started at the end of September .
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The Notice in its entirety with other proposals from the Nomination Committee and the Board will be published at least four weeks before 28 April on the company 's website and in Post - och Inrikes Tidningar and Dagens Industri .
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Peigs www.peigs.se will become part of Sardus Latta Maltider Light Meals unit .
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Arvo Vuorenmaa , the Loviisa plant 's general manager said the application for the new licence was a `` standard '' procedure and that he was `` quite confident '' about approval being granted .
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The company expects its net sales for the whole 2009 to remain below the 2008 level .
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Regulatory News : The Nomination Committee of Cybercom ( STO : CYBE ) , which is unanimous in its proposal , proposes the election of Jon Risfelt as the new Chairman of the Board .
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It is estimated that the consolidated turnover of Kausta Guder will reach Lt 53mn US$ 22.53 mn EUR 15.35 mn in 2007 .
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The company will propose a dividend of EUR0 .12 per share for 2008 .
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Rosen was cautious about being too optimistic inregard to the second half of the year .
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The customer is then forwarded to the site , and unknown to him logged in with the first number .
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Mr. Mika Korpinen , APAC Vice President for Comptel concludes : `` Comptel is once again demonstrating the importance of providing reliable delivery and enabling time-to-market .
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Hearst will be able to consolidate about 20 % of all Russian market for advertising in press after the purchase .
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Name of Applicant : Jot Automation OYName of Inventor : Mammila Tuomo , Piirainen Mika and Kellokoski MikaApplication No. : 2424-KOLNP-2008 ADate of filing of Application : 16-06-2008Publication Date : 30/01/2009
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The terms and conditions of the year 2003 stock option scheme were published in a stock exchange release on 31 March 2003 .
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Fiskars , the World 's 1 Scissors Brand TM , recently won Learning -芦 Magazine 's 2011 Teachers ' Choice Award for the Classroom .
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Finnish plumbing and heating systems supplier Uponor 's net sales from continuing operations decreased by 9.4 % in 2008 to EUR 949.2 mn from EUR 1,047.4 mn in 2007 .
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Stora Enso Oyj said its second-quarter result would fall by half compared with the same period in 2007 .
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Incap Contract Manufacturing Services Pvt Ltd , a subsidiary of Incap Corporation of Finland , is acquiring the manufacturing unit of the TVS Electronic Ltd at Tumkur , near Bangalore , for Rs40 crore .
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In volume , the focus is already outside Finland , as 60 % of the group 's products are made in Poland and the Baltic countries .
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The negotiations concern 246 salaried and senior salaried employees and are scheduled to be completed in six weeks .
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21 December 2010 - Finnish industrial machinery company Wartsila Oyj Abp HEL : WRT1V said yesterday it had won an order to design a liquefied natural gas LNG powered platform supply vessel PSV for Norwegian oil service provider Eidesvik Offshore ASA OSL : EIOF .
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According to Finnish Aktia Bank 's Managing Director Jussi Laitinen , the bank 's aim is to triple the number of its customers in Finland in the next five years .
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In addition , the existing service counter area in the reception hall will be rebuilt and access provided to local rail connections .
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The online ice chart shows no ice in the area of Estonia 's sea ports on the coast of the Gulf of Finland .
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The company expects sales revenue of RMB8 .0 billion in 2009 .
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Operating profit surged to EUR21m from EUR106 ,000 .
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The company said that the results of the third quarter do not include non-recurring items .
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Key shareholders of Finnish IT services provider TietoEnator Oyj on Friday rejected a hostile EUR1 .08 billion $ 1.67 billion offer from buyout shop Nordic Capital , giving new life to a possible counter offer from Blackstone Group LP and Norwegian telecom Telenor ASA .
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Both operating profit and turnover for the nine-month period increased , respectively from EUR2 .4 m and EUR43 .8 m , as compared to the corresponding period a year ago .
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We succeeded in increasing our market share of sold apartment '' , comments Mr Kari Kauniskangas , Head of YIT International Construction Services .
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The OMX Nordic 40 ( OMXN40 ) index , comprising the 40 most traded Nordic stocks on the Nasdaq OMX exchange , closed up 1.29 % at 1,084.47 points on Friday .
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The company generates net sales of about 600 mln euro $ 775.5 mln annually and employs 6,000 .
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Profit for the period totalled EUR 0.8 mn , down from EUR 1.1 mn in the corresponding period in 2008 .
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Operating loss totalled EUR 0.9 mn , down from a profit of EUR 2.7 mn .
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Finnish forest machinery manufacturer Ponsse 's net sales grew to EUR 51.3 mn in the first quarter of 2010 from EUR 37.5 mn in the corresponding period in 2009 .
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Finnish forest machinery manufacturer Ponsse 's net sales grew to EUR 51.3 mn in the first quarter of 2010 from EUR 37.5 mn in the corresponding period in 2009 .
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The opportunity will be available only for few employees , however .
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During the strike , Finnair estimates to incur a net loss of between EUR2m and EUR2 .5 m per day .
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The group posted net sales of 35.3 mln euro $ 46.5 mln and an operating profit of 760,000 euro $ 1.0 mln in 2005 .
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Profit for the period totalled EUR 1.1 mn , down from EUR 1.6 mn in the third quarter of 2008 .
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Capital base and capital adequacy measurement is based on approaches under Basel II .
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Mr Priit Kasak , Balti Metsamasina 's owner , said the Rakvere-based company wishes to increase Valmet 's market share from 27 % to a third in a couple of years .
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Neste Oil Corporation is a refining and marketing company concentrating on clean , high-quality traffic fuels .
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Of this , EUR 38.8 mn was net interest income .
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The extracted filtrates are very high in clarity while the dried filter cakes meet required transport moisture limits (TMLs)for their ore grades .
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As part of its new strategy , Finnish Biohit is planning to incorporate its diagnostics business into a separate limited company .
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Temporary lay-offs , affecting the entire workforce , will also be implemented .
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With the U.S. Federal Government putting a stake in the ground , vendors - and their customers - are focused on meeting the deadline .
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Following the demerger , the vice president of the group 's pharmaceutical trade in Finland , Jukka Niemi , will be appointed managing director of Oriola in addition to his current responsibilities .
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Diluted earnings per share ( EPS ) rose to EUR 1.05 from EUR 0.64 .
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Trading in the new shares , which have right to dividends and other distributions of funds , will start on the exchange in Helsinki tomorrow .
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Cash flow from operations in January-December 2008 was a negative EUR 18.1 mn compared to EUR 39.0 mn in the corresponding period in 2007 .
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Finnish construction group Lemminkainen Oyj HEL : LEM1S said today it has won a contract to provide technical services for the Nevsky Centre shopping mall to be opened in November in St Petersburg , Russia .
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Excluding non-recurring items , pre-tax profit surged 45 % to EUR80m .
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When this investment is in place , Atria plans to expand into the Moscow market .
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OUTOTEC OYJ PRESS RELEASE DECEMBER 4 , 2009 10.30 AM Outotec establishes a new subsidiary in Kolkata Outotec has established a subsidiary in India in order to better serve its Indian customers and to increase its business in the growing Indian market .
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Cash flow from operations totalled EUR 2.71 mn , compared to a negative EUR 0.83 mn in the corresponding period in 2008 .
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The Federal Secretary for Transport and Communication of Mexico has awarded Poyry and its Mexican partner Sintra a consulting contract in connection with the Buenavista-Cuautitlan suburban railway .
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ADPnews - Sep 28 , 2009 - Finnish silicon wafers maker Okmetic Oyj HEL : OKM1V said it will reduce the number of its clerical workers by 22 worldwide as a result of personnel negotiations completed today .
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The dual-fuel engines of the vessel can operate on liquefied natural gas LNG with low emissions .
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SCOPI Chief Business Excellence Officer , Eng .
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Kalmar Espana generated net sales of some 11.3 mln euro $ 14.8 mln in 2005 .
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It is Estonia 's second-largest meat processing company by market share ( according to AC Nielsen 's 2008 data , 13 percent ) .
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Financial terms were n't disclosed .
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Finnish Larox has signed a contract with the Talvivaara Project for the delivery of filters to the Talvivaara nickel mine in Sotkamo , in Finland .
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The shares subscribed for under the stock options were registered in the Trade Register on 20 January 2011 , as of which date the new shares will establish shareholder rights .
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The company , which makes garden tools , scissors and other consumer goods , said earnings were boosted by 6.9 mln eur of income it received from its 16.7 pct shareholding in Finnish engineering group Wartsila .
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Finnish IT consultancy Satama Interactive Oyj posted a net profit of 1.4 mln euro $ 2.0 mln for the first nine months of 2007 , compared to a net loss of 462,000 euro $ 664,000 for the same period of 2006 .
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In 2010 , Sanoma Magazines expects net sales to be at the 2009 level .
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The company does not disclose the sum it applied for .
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The Board of Directors proposes to the Shareholders ' Meeting on 18 March 2010 that the company would pay dividend for the financial year January 1 - December 31 , 2009 , EUR 0.02 per share .
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Elisa has commissioned Finland 's Poyry Telecom Oy to conduct a study of reception in some of Estonia 's largest cities besides Tallinn .
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Furthermore , Bunge will also sign a licensing agreement for the Sunnuntai and Carlshamn Mejeri brands .
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Both operating profit and sales for the three-month period increased , respectively from EUR0 .3 m and EUR13 .1 m , as compared to the corresponding period in 2005 .
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Oriola-KD is a spin-off of Finnish pharmaceutical group Orion Oyj 's wholesale division .
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The Annual General Meeting approved a dividend of EUR 0.10 per share , that is , a total of EUR 7,8 million .
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Strategic and operational business information is objectively reported .
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Tekla will organize an information meeting for analysts and media at WTC Helsinki Marski meeting room , Aleksanterinkatu 17 , the same day at 12:30 - 1:30 p.m. Light lunch will be served .
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Through the Nordic Exchange , OMX offers access to approximately 80 percent of the Nordic and Baltic securities market .
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Jon Risfelt has previously held operational executive positions in Europolitan , Ericsson , SAS , American Express card and travel divisions , as well as Nyman & Schultz ( CEO ) , Vodafone Sweden ( CEO ) , and Gambro Renal Products ( CEO ) .
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The major part of the deliveries include different AC and CXE amplifier solutions and products by DINH Telecom , a company acquired by Teleste last spring .
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Among the biggest Christmas sellers were a 35 satin bow shift dress styled on outfits worn by Victoria Beckham and a 75 Paris Hilton Prom dress .
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With this acquisition Panostaja Oyj further expands its business area specialising in digital printing .
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Finnish Raute Precision that supplies weighing and dosing systems and plants is changing its name to Lahti Precision .
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Suomen Paikallissanomat Oy is part of Alma Media Group and it currently publishes 15 local newspapers across Finland .
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Steek , which was set up in 2002 , is based in Bordeaux , southwestern France .
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