Mr. Juha Silvennoinen (MSc. in Engineering) has been appointed President, Services business line in Mining and Construction as of March 26, 2014. Juha has made a long career in ABB where he has held several executive positions in various businesses. In his last position at ABB he was responsible for Motors and Generators business unit, which employs some 16,000 people globally.
This year's iF design competition had over 3,200 entries in 17 categories to showcase outstanding achievements in product design. The awards were presented in Munich, Germany, on February 28, 2014.
The proven hammer-boom combination, already well known in Metso's mobile solutions, is now available for stationary aggregates production and mining applications.
A steeper feed angle increases efficiency, smart liner design reduces the need for different parts, and several patented Metso innovations make maintenance safe.
Metso and Guangxi Liugong Group Co., Ltd. (LiuGong) have obtained all necessary approvals from the Chinese authorities and the 50%-50% joint venture between the two companies has been officially established.
The Minera Esperanza mine in Chile has decided to commence a project with Metso which targets to increase the mine's annual production of copper and gold by 15-20%.
This is a summary of Metso's Financial Statements Review for 2013. Complete report is attached to this release as a pdf-file and is also available at www.metso.com/investors.
Notice is given to the shareholders of Metso Corporation to the Annual General Meeting to be held on Wednesday, March 26, 2014 at 11.00 a.m. at the Helsinki Exhibition & Convention Centre at the address Messuaukio 1, FI-00520 Helsinki, Finland.
Aggregates producer Franzefoss is upgrading capacity on its existing Steinskogen quarry site outside of Oslo, Norway to meet its long term growth targets.