Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: MarketLine (a Datamonitor Company)
$175.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Outokumpu concludes negotiations with IG Metall on the industrial plan; cuts 1,000 jobs


Sunday, 30 Mar 2014 02:15pm EDT 

Outokumpu Oyj:Concludes negotiations regarding industrial plan with employee representatives and unions in Germany.Resolves to close Bochum meltshop in 2015, following a production transfer process.Decides to invests 108 million euro to the Krefeld cold rolling center in Germany between 2014 and 2016 through the ferritic production optimization (NIFO-project).Expects to close Benrath cold rolling mill in 2016 after the production transfer to Krefeld has been completed.Says the agreed industrial concept results in a reduction of 1,000 jobs, thereby bringing the total reduction of jobs to 3,500 jobs globally by the end of 2017. 

Company Quote

4.8
0.284 +6.29%
23 Dec 2014