Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Thursday, 26 October 2017

Outotec Oyj (FI) - Outotec plans to outsource part of its German-based project engineering activities to Citec

Outotec Oyj    

Outotec plans to outsource part of its German-based project engineering activities to Citec

OUTOTEC OYJ  PRESS RELEASE  OCTOBER 26, 2017  at 4:00 PM

 

Outotec plans to outsource part of its German-based project engineering activities to Citec

 

Outotec has started negotiations with employee representatives to outsource part of its German-based project engineering activities to Citec, a global engineering company providing multi-discipline engineering services to the energy and other technology-dependent industries. The target is to transfer approximately 70-80 Outotec employees to Citec. The planned outsourcing will not have an impact on Outotec's financial guidance for 2017.

 

"By outsourcing part of our engineering activities we will create more flexibility to our organization and decrease Outotec's fixed costs in the long run. Citec is a suitable partner for us as they have already presence and an existing customer base in Germany and Finland and excellent references", says Kalle Härkki, Head of Outotec's Metals, Energy & Water business unit.

 

For further information please contact:

 

OUTOTEC

 

Kalle Härkki, President - Metals, Energy & Water business unit

Tel. +358 20 529 2700

 

Eila Paatela, Vice President - Corporate Communications

Tel. +358 400 817198

e-mails firstname.lastname@outotec.com

 

DISTRIBUTION:

Main media

www.outotec.com

 






This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Outotec Oyj, PL 86, Espoo 02201, Suomi
If you would like to unsubscribe and stop receiving these e-mails click here.