Outotec

Outotec Oyj

Type	Julkinen osakeyhtiö
Traded as	OMX: OTE1V
Industry	Basic resources, engineering
Founded	2006
Headquarters	Espoo, Finland
Key people	Carl-Gustaf Bergström (Chairman), Pertti Korhonen (President and CEO)
Products	Metal and mineral processing machinery and process engineering
Revenue	€969.6 million (2010)[1]
Operating income	€41.6 million (2010)[1]
Profit	€26.7 million (2010)[1]
Total assets	€1.068 billion (end 2010)[1]
Total equity	€357.7 million (end 2010)[1]
Employees	3,150 (average, 2010)[1]
Subsidiaries	Larox
Website	www.outotec.com

Outotec Oyj (Outokumpu Technology prior to 24 April 2007) is a Finnish company, headquartered in Espoo, aimed at providing technologies and services for the metal and mineral processing industries. The firm concentrates on producing machines and methods which facilitate the various stages of extractive metallurgy and mineral processing from ore through to pure metal or mineral, including the grinding and physical separation of ores and the smelting and leaching of base and precious metals. The company also provides engineering and after-sales services for its products.

Outotec was previously a wholly owned business area of Outokumpu, having been established in the late 1940s, but it was spun off as a separate entity in June 2006 when the parent company decided to concentrate on its primary concern of stainless steel. A listing on the Helsinki Stock Exchange followed shortly afterwards, and the company was promoted to the benchmark OMX Helsinki 25 as a result of the index's February 2007 reclassification.

References

1. ^ ^{a b c d e f} "Annual Results 2010". Outotec. http://www.outotec.com/40544.epibrw. Retrieved 8 February 2011. 

External links

• Official website
• Usage of Outotec technologies in Russia