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Outotec Updates Long-Term Financial Targets, Existing 2020 Sustainability Targets

05 Dec 2014 - Outotec's Board of Directors has revised the company's long-term financial targets to better reflect the current market environment.

Outotec Initiates Further Measures Targeting €45 Million Cost Structure Improvement

07 Nov 2014 - To be prepared for possibly continuing market slowness and uncertainty, Outotec is proceeding with measures to enhance profitability and launches a new program targeting approximately €45 million savings in operating costs during 2015, compared to 2014 full year cost level.

Outotec Begins Employee Cooperation Negotiations in Finland

05 Nov 2014 - As part of Outotec's global profitability improvement program targeting € 45 million savings in annual operating costs (announced on 30 October 2014), the company is analyzing the resourcing needs and restructuring opportunities in its operations in Finland.

Outotec Achieved Targeted €50 Million Savings, Closes Program

04 Nov 2014 - Outotec introduced an efficiency improvement program on 17 October 2013 targeting up to € 50 million annualized savings in operating costs by the end of 2014 compared to the Q3/2013 situation.

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