Content about Finland

February 1, 2012

Finnish stainless steel maker Outokumpu has agreed to acquire Inoxum, the stainless steel unit of Germany’s ThyssenKrupp.

The €2.7 billion deal is set to make Outokumpu a market leader in European stainless steel, with almost €12 billion in revenues, more than 19,000 employees and an approximate 50 per cent market share.

Outokumpu already employs around 8,000 people in more than 30 countries and is headquartered in Espoo, Finland.

January 30, 2012

Konecranes

Alan Swaby looks at one of the largest crane manufacturers in the world—which ironically comes from one of the smallest countries in the world.

Alan Swaby looks at one of the largest crane manufacturers in the world—which ironically comes from one of the smallest countries in the world.

Watch any strong man competition and the odds are there will be a Finn in the final. For a country with a population of far less than Greater London, Finland manages to create some of the biggest and strongest specimens in the world.

October 13, 2011

Agnico-Eagle commences formal take-over bid to acquire Grayd

Canadian gold producer Agnico-Eagle Mines and Grayd Resource Corporation announced jointly today that Agnico-Eagle has formally commenced its $275 million take-over bid to acquire Grayd.

Agnico-Eagle is a long established gold producer with operations in Canada, Finland and Mexico and exploration and development activities in Canada, Finland, Mexico and the United States.

June 28, 2011

Nordic Mines

Nordic Mines has already sold some of the gold from its mine in Finland: Laiva will make Nordic one of Europe’s leading gold producers—and the timing couldn’t be better.

Nordic Mines has already sold some of the gold from its mine in Finland: Laiva will make Nordic one of Europe’s leading gold producers—and the timing couldn’t be better.

June 23, 2011

Drilling resumes at Seitaperä

Karelian Diamond Resources has announced the resumption of drilling on its Seitaperä diamondiferous kimberlite pipe in Finland.

The 6.9 hectare Seitaperä pipe, in the Kuhmo region of Finland, is the largest known kimberlite pipe in the country.

Drilling at Seitaperä will consist of five or more drill holes with an objective to further test the extent of the diamond-bearing kimberlite facies and the shape of the kimberlite pipe to a depth of approximately 100 metres.

May 23, 2011

Northland Resources

Mining is never an easy life but as Alan Swaby learns, not even the harshness of the Arctic Circle can faze some operators.

Mining is never an easy life but as Alan Swaby learns, not even the harshness of the Arctic Circle can faze some operators.

You might be forgiven for thinking that developing a brand new iron ore mine, well inside the Arctic Circle, might throw up the odd problem or two. But Karl-Axel Waplan, CEO of Northland Resources, is remarkably matter-of-fact about a project that will have consumed at least US$700 million by the time it gets off the ground.

May 9, 2011

Trimble Navigation makes $450 million offer for Tekla Corp

California-based business technology specialist Trimble Navigation Limited has announced a public tender offer for Tekla Corporation, a leader in building information modeling technology (BIM) for the construction industry.

Headquartered in Finland, with a US office in Atlanta, Georgia, Tekla has approximately 500 employees and operations in 15 countries worldwide.

Trimble’s offer of €15.00 per share in cash is being handled by its subsidiary Trimble Finland Oy, and values Tekla at approximately €311 million ($451 million).

March 30, 2011

Agnico-Eagle Mines: Pinos Altos Mine

Agnico-Eagle’s first venture into Mexico’s legendary Sierra Madre gold and silver belt is helping to deliver record results.

Agnico-Eagle’s first venture into Mexico’s legendary Sierra Madre gold and silver belt is helping to deliver record results.

November 23, 2010

Sotkamo Silver

Sotkamo Silver is in the process of breathing life into the Taivaljarvi silver mine project. CEO Dr Timo Lindborg talks to Gay Sutton about building a sound investor base and the future development of the company.

November 17, 2010

Nyrstar Tennessee Mines

Nyrstar has long been one of the world's top zinc smelters, but found itself facing the prospect of future supply and margin pressures. That prompted a move upstream into direct zinc ore mining, a process that Keith Regan learns also involves rebuilding the trust of employees, communities, partners and regulators.

March 1, 2010

Efore

Running on the spot
Globally, the telecoms market is not short of growth but neither is there a shortage of competition—not to mention pressure from customers, as Alan Swaby learns.
There’s very little chance of a quiet life in business. Even when you think things are going sweetly, there’s something lurking just around the corner, waiting to take a bite out of you.

February 1, 2010

Ratahallintokeskus (RHK)

On the right track
RHK is continuously updating, upgrading and improving the 5,919 kilometres of track that forms Finland’s railway network. Becky Done found out what plans are in place to keep up with the growth in freight and passenger traffic.
Operating under the jurisdiction of Finland’s Ministry of Transport and Communications, the Finnish Rail Administration (RHK) is the body charged with the management and development of Finland's rail network. “We’re responsible for the maintenance of railways and investment, as well as the traffic management,” explains RHK’s investment director, Kari Ruohonen.

February 1, 2010

Ratahallintokeskus (RHK)

On the right track
RHK is continuously updating, upgrading and improving the 5,919 kilometres of track that forms Finland’s railway network. Becky Done found out what plans are in place to keep up with the growth in freight and passenger traffic.
Operating under the jurisdiction of Finland’s Ministry of Transport and Communications, the Finnish Rail Administration (RHK) is the body charged with the management and development of Finland's rail network. “We’re responsible for the maintenance of railways and investment, as well as the traffic management,” explains RHK’s investment director, Kari Ruohonen.

August 1, 2009

Aurum Exploration Services

Information central
Aurum Exploration Services started in a cyclical downturn, so it knows how to cope with current conditions—via original ideas, comprehensive resources and customer service, as Ruari McCallion found.
The name says a lot, but not everything. Aurum is the Latin for gold, so you would expect Aurum Exploration Services to be interested in the yellow stuff. And it is—but not to the exclusion of all else.

July 1, 2009

VR Group

Buckets of determination
The VR in VR Group stands for John Van Reenen, and in many ways the company reflects the man—resilient, single-minded and, in a word, entrepreneurial. John O’Hanlon talks to him about building a global business.
Being fired from one’s first three jobs doesn’t look good on any résumé, but after the third time, John Van Reenen had already decided the only person who could employ him successfully was himself. He was a qualified chartered accountant who couldn’t settle for sitting in the back office and being told not to meddle with marketing or production.

March 24, 2009

Technip Claremont

Cracking on A year after our first article on Technip Claremont, Martin Ashcroft finds Jeroen Snijder, vice president of operations, very happy about the company’s growth, its ventures into new technologies and the consolidation of its reputation for safety. Since I first spoke to Jeroen Snijder, vice president of operations for Technip Claremont, the company has enjoyed a period of solid growth. “We’ve almost reached 500 employees now,” says Snijder. “I think when we talked a year ago it was around 450, so I’m very happy about that.”