﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:media="http://search.yahoo.com/mrss/"><channel><title>Cision News</title><link>https://news.cision.com</link><description>Cision is the leading global provider of media research, distribution, monitoring and evaluation services. With over 40 locations throughout the world, Cision provides the insight, expertise and intelligence that improve performance and build reputations.</description><pubDate>Sun, 14 Jun 2026 04:42:34 GMT</pubDate><image><title>Cision News</title><width>146</width><height>60</height><link>https://news.cision.com</link><url>https://news.cision.com/Content/img/news-logo.png</url></image><item><title>Ovako completes divestment of Ovako Metals Oy Ab – strengthening customer offering in Finland</title><link>https://news.cision.com/ovako-ab/r/ovako-completes-divestment-of-ovako-metals-oy-ab---strengthening-customer-offering-in-finland,c4336385</link><guid isPermaLink="false">cision5345025</guid><description><![CDATA[Ovako has received approval from the Finnish competition authorities for the divestment of Ovako Metals Oy Ab, its distribution entity in Finland, to Tibnor, a subsidiary of SSAB. The transaction is expected to be completed in the coming weeks.
With the completion of the transaction, Tibnor will take over Ovako Metals’ distribution operations in Finland, including its product portfolio, logistics and warehousing activities, processing services and local sales organization. For customers, this means continued access to high‑quality products combined with an even broader offering and enhanced]]></description><pubDate>Fri, 17 Apr 2026 09:30:00 GMT</pubDate></item><item><title>Nordic steel meets world‑class performance – Ovako announces three‑year partnership with Daniel Ståhl</title><link>https://news.cision.com/ovako-ab/r/nordic-steel-meets-world-class-performance---ovako-announces-three-year-partnership-with-daniel-stah,c4302693</link><guid isPermaLink="false">cision5299946</guid><description><![CDATA[Ovako enters a three‑year collaboration with world‑renowned discus thrower Daniel Ståhl, a true symbol of Nordic strength, precision and resilience. The partnership reflects the shared values that define both Daniel’s athletic achievements and Ovako’s commitment to excellence, long‑term development, continuous improvement and a strong Nordic heritage.
Through this collaboration, Ovako will follow Daniel’s training journey, share stories about performance and innovation, and activate joint initiatives across internal and external channels. Daniel will also participate in selected customer]]></description><pubDate>Thu, 05 Feb 2026 06:00:00 GMT</pubDate></item><item><title>Ovako Imatra’s CO2 Emissions at a Historic Low Level</title><link>https://news.cision.com/ovako-ab/r/ovako-imatra-s-co2-emissions-at-a-historic-low-level,c4296757</link><guid isPermaLink="false">cision5292762</guid><description><![CDATA[Ovako’s Imatra mill achieved its lowest-ever level of carbon dioxide emissions in 2025. Emissions amounted to 231 kg of CO₂ per one ton of steel produced. The result is particularly significant as it was achieved under variable production conditions.
Low emissions are closely linked to stable production. When capacity is used efficiently and production runs smoothly, energy efficiency improves and emissions per ton are reduced. 

“This result is especially meaningful because we reached a historic low level despite some fluctuations in production,” says Helena Kumpulainen, Environmental]]></description><pubDate>Mon, 26 Jan 2026 06:35:39 GMT</pubDate></item><item><title>Ovako signs agreement to sell Ovako Metals Oy Ab to Tibnor</title><link>https://news.cision.com/ovako-ab/r/ovako-signs-agreement-to-sell-ovako-metals-oy-ab-to-tibnor,c4283957</link><guid isPermaLink="false">cision5275736</guid><description><![CDATA[Ovako has signed an agreement to sell Ovako Metals Oy Ab to Tibnor, a leading steel and metals distributor in the Nordics. The acquisition is subject to regulatory competition approval in Finland.
Ovako Metals Oy Ab, based in Tampere, provides stocking, processing, and distribution services for steel and other metals to engineering, process, and construction industries. The company employs approximately 40 people and reported net sales of EUR 40 million in 2024. 

Ovako acquired Ovako Metals Oy Ab in 2015, and over the past decade, the company has played an important role in strengthening]]></description><pubDate>Thu, 18 Dec 2025 09:00:00 GMT</pubDate></item><item><title>Ovako launches season 2 of the podcast “Stålverket” – exploring the future of steel and the challenges of global transformation</title><link>https://news.cision.com/ovako-ab/r/ovako-launches-season-2-of-the-podcast--stalverket----exploring-the-future-of-steel-and-the-challeng,c4246767</link><guid isPermaLink="false">cision5227318</guid><description><![CDATA[Ovako is launching Season 2 of its podcast Stålverket, which takes listeners inside the steel industry to explore the innovations, people, and ideas shaping the future of sustainable steel.
After a successful first season that attracted strong interest from engineers and students, Stålverket now broadens its focus to reach a wider audience – including customers, partners, and industry stakeholders. This season brings together leading experts, researchers, and Ovako colleagues to discuss key issues that impact the entire steel value chain.

Broader perspective, sharper questions

The new]]></description><pubDate>Wed, 08 Oct 2025 05:00:00 GMT</pubDate></item><item><title>Ovako Imatra accelerates its AI journey with Brillian - from potential to pilot-ready</title><link>https://news.cision.com/ovako-ab/r/ovako-imatra-accelerates-its-ai-journey-with-brillian---from-potential-to-pilot-ready,c4245827</link><guid isPermaLink="false">cision5225748</guid><description><![CDATA[Ovako Imatra has taken a major step in its AI journey through a collaboration with Brillian. As part of the Brillian Ignite program, the site identified more than 40 potential AI use cases across production, operations, HR, and business support—moving from awareness and readiness to pilot-ready concepts with concrete next steps.
Ovako Imatra, part of Ovako Group – a leading special steel manufacturer – partnered with Brillian to build awareness, and explore and accelerate its AI readiness across production, support, as well as business operations and HR. The goal of Brillian Ignite, the]]></description><pubDate>Mon, 06 Oct 2025 06:00:00 GMT</pubDate></item><item><title>Ovako Summer Photo Challenge – 230 summer moments shared</title><link>https://news.cision.com/ovako-ab/r/ovako-summer-photo-challenge---230-summer-moments-shared,c4230314</link><guid isPermaLink="false">cision5207553</guid><description><![CDATA[The Ovako Summer Photo Challenge gathered around 230 entries worldwide, showcasing strong employee engagement and creativity.
This summer, Ovako colleagues across the globe joined the Ovako Summer Challenge – capturing their favorite summer spots with the Ovako bag. The response was fantastic, with around 230 photos submitted from our employees. We are delighted to see such creativity and engagement, and grateful that so many wanted to share their summer moments with us.

“This is the second summer we invite our colleagues to take part in a voluntary summer activity. At first it can feel a]]></description><pubDate>Fri, 05 Sep 2025 08:00:00 GMT</pubDate></item><item><title>Ovako strengthens Group Technology</title><link>https://news.cision.com/ovako-ab/r/ovako-strengthens-group-technology,c4226548</link><guid isPermaLink="false">cision5203772</guid><description><![CDATA[Ovako is bringing together Group IT, Group Purchasing and Production Technology into one joint function to strengthen efficiency – led by Ludovic Gailleton.
Ovako is making an update to further strengthen its ability to drive improvements and efficiency across the company. From September 1, 2025, Group Purchasing and Group IT will be integrated into Group Technology. 

The enlarged function will be led by Ludovic Gailleton, who will also become a member of Ovako’s Group Executive Management team. Ludovic has extensive experience from both Ovako and other technology-driven organizations.]]></description><pubDate>Mon, 01 Sep 2025 07:00:00 GMT</pubDate></item><item><title>Ovako publishes its Sustainability Report for FY2024, reaffirming its commitment to safety, climate leadership and continuous collaborations</title><link>https://news.cision.com/ovako-ab/r/ovako-publishes-its-sustainability-report-for-fy2024--reaffirming-its-commitment-to-safety--climate-,c4032393</link><guid isPermaLink="false">cision5175564</guid><description><![CDATA[Ovako has released its Sustainability Report (https://www.ovako.com/en/sustainability/sustainability-targets/) for the Financial Year 2024, highlighting a year of significant progress in its mission to lead the steel industry’s transformation toward a more sustainable future. The report underscores Ovako’s dedication to enhancing workplace safety, reducing carbon emissions, and improving innovation through strong partnerships.
Ovako’s steel is made from an average of 97 % recycled material. Since 2015, we have reduced our carbon emissions per tonne of steel by 59 %, and our “cradle-to-gate”]]></description><pubDate>Fri, 11 Jul 2025 10:00:00 GMT</pubDate></item><item><title>Ovako Appoints Larisa Gyllenrapp as EVP Global Sales</title><link>https://news.cision.com/ovako-ab/r/ovako-appoints-larisa-gyllenrapp-as-evp-global-sales,c4155857</link><guid isPermaLink="false">cision5061257</guid><description><![CDATA[Ovako is pleased to announce the appointment of Larisa Gyllenrapp as Executive Vice President Global Sales for Ovako Group. Larisa will join the Executive Management Team and lead Ovako’s international sales organization with a focus on driving growth, strengthening customer value, and strengthening commercial execution across key markets.
Larisa brings over two decades of global leadership experience in industrial companies, with a strong track record in strategic sales, market expansion, and organizational development. Most recently, she led the Wood Division at Bruks Siwertell, overseeing]]></description><pubDate>Wed, 28 May 2025 06:00:00 GMT</pubDate></item><item><title>Swedish Minister for Climate and the Environment Romina Pourmokhtari inaugurated Ovako’s new energy-efficient furnace in Boxholm, cutting energy consumption in half and reducing CO₂ emissions</title><link>https://news.cision.com/ovako-ab/r/swedish-minister-for-climate-and-the-environment-romina-pourmokhtari-inaugurated-ovako-s-new-energy-,c4124092</link><guid isPermaLink="false">cision5014963</guid><description><![CDATA[Ovako continues to lead the way in sustainable steel production with an investment of SEK 60 million in a new, energy-efficient furnace at its Boxholm site.
The new furnace reduces energy consumption by 50 percent and significantly lowers carbon dioxide emissions. It is also future-proofed to run on fossil-free hydrogen, making it a key part of Ovako’s and the region’s transition towards a more sustainable future. 

Today’s inauguration was attended by Sweden’s Minister for Climate and the Environment, Romina Pourmokhtari, who, together with representatives from Ovako and other key]]></description><pubDate>Wed, 26 Mar 2025 06:00:00 GMT</pubDate></item><item><title>Ovako investing 6 M€ in modernizing main peeling line</title><link>https://news.cision.com/ovako-ab/r/ovako-investing-6-m--in-modernizing-main-peeling-line,c4097174</link><guid isPermaLink="false">cision4977921</guid><description><![CDATA[Ovako is strengthening its position in the steel industry with a major investment of over 6 million euros to modernize its main Bright Bar facility in Hällefors. The modernization, taking place 2024 - 2026, will improve production efficiency, improve quality, and secure the company’s long-term competitiveness.
Investing in the Future
In the summer of 2024, Ovako upgraded its operations with new cutting, chamfering, and milling equipment. The state-of-the-art machinery replaces older equipment and allows Ovako to handle all machining in-house, reducing unnecessary handling and transportation]]></description><pubDate>Wed, 29 Jan 2025 05:00:00 GMT</pubDate></item><item><title>The First Phase of Ovako Imatra's 15 Million Euro Investment in the Heavy Bar Mill Completed</title><link>https://news.cision.com/ovako-ab/r/the-first-phase-of-ovako-imatra-s-15-million-euro-investment-in-the-heavy-bar-mill-completed,c4095546</link><guid isPermaLink="false">cision4975644</guid><description><![CDATA[A new dimension measurement device has been installed at the heavy bar mill in Imatra, enhancing production efficiency, further improving steel quality, and reducing physical workload. The new measuring device is part of a major investment in modernizing the heavy bar mill.
The device was supplied by the German company LAP Laser GmbH and it is installed on the profile line of the heavy bar mill. The device is equipped with four laser modules and a high-speed camera that captures steel bars passing through the device, calculating their final dimensions with precision and in real time using]]></description><pubDate>Fri, 24 Jan 2025 08:12:42 GMT</pubDate></item><item><title>Apprenticeship Opens New Career Paths - the First Apprenticeship Group of Ovako Imatra Graduated</title><link>https://news.cision.com/ovako-ab/r/apprenticeship-opens-new-career-paths---the-first-apprenticeship-group-of-ovako-imatra-graduated,c4083634</link><guid isPermaLink="false">cision4959299</guid><description><![CDATA[Ovako’s apprenticeship program offers a hands-on way to become a professional in metal refining. Henri Luostarinen and Marjo Saarela both started this journey with different backgrounds but share the same goal: to gain a new profession in a stable and diverse industrial company. They began their studies in 2022, and their two-year program will conclude in December 2024.
Luostarinen, originally trained as a machinist, saw the apprenticeship as an opportunity to try something new.

"Studying alongside work has been a good solution for me. It’s rewarding to develop myself further, and Ovako]]></description><pubDate>Tue, 17 Dec 2024 13:22:00 GMT</pubDate></item><item><title>Ovako further reduces emissions at its Boxholm facility with a rebuilt furnace</title><link>https://news.cision.com/ovako-ab/r/ovako-further-reduces-emissions-at-its-boxholm-facility-with-a-rebuilt-furnace,c4068827</link><guid isPermaLink="false">cision4941850</guid><description><![CDATA[Ovako has passed yet another important milestone on its journey toward a more sustainable steel-making future. In the summer of 2024, the furnace at its Boxholm facility in Sweden that heats steel to rolling temperature was rebuilt, enabling the fuel to be switched from oil to operation with a more environmentally friendly fuel.
The new furnace is now powered by an oxyfuel mixture of oxygen and propane. This change from oil not only reduces carbon emissions but also halves the energy consumption.

The switch to this new fuel will also enable a future transition from propane to fossil free]]></description><pubDate>Wed, 20 Nov 2024 05:00:00 GMT</pubDate></item><item><title>Ovako’s Green Metal Heads World Tour 2024 Kicks Off in Finland</title><link>https://news.cision.com/ovako-ab/r/ovako-s-green-metal-heads-world-tour-2024-kicks-off-in-finland,c4065053</link><guid isPermaLink="false">cision4937018</guid><description><![CDATA[Launched in Sweden in spring 2024, the Green Metal Heads tour is now coming to Finland, with Ovako Imatra bringing the concept to student fairs in Espoo, Lappeenranta, and Oulu.
The campaign invites students to join the "Green Metal Heads" community, where they can shape the future of the steel industry with the right attitude and innovation. 

“Our goal is to attract talented individuals who dare to think differently, and challenge established practices. For instance, through thesis work, we hope to gain new and innovative approaches to refine our processes to be even more sustainable,”]]></description><pubDate>Tue, 12 Nov 2024 11:32:15 GMT</pubDate></item><item><title>Ovako Imatra Joins the Junior University Program of the City of Imatra</title><link>https://news.cision.com/ovako-ab/r/ovako-imatra-joins-the-junior-university-program-of-the-city-of-imatra,c4058627</link><guid isPermaLink="false">cision4928093</guid><description><![CDATA[Ovako Imatra is strengthening its collaboration with local schools by becoming a new corporate partner of Universoma - Imatra Junior University. Ovako's primary target group is 8th-grade students, for whom the junior university offers activities within the "Future Living Environments" learning module.
The City of Imatra is implementing Universoma in cooperation with LUT University and LAB University of Applied Sciences’ Junior University program.

The "Future Living Environments" theme includes both commercial and technical learning elements, aiming to enhance students' interest in science,]]></description><pubDate>Wed, 30 Oct 2024 07:06:31 GMT</pubDate></item><item><title>Ovako Imatra: Mill Properties Transition to Fossil-Free District Heating</title><link>https://news.cision.com/ovako-ab/r/ovako-imatra--mill-properties-transition-to-fossil-free-district-heating,c4062307</link><guid isPermaLink="false">cision4925458</guid><description><![CDATA[For Ovako’s Imatra mill, the transition to fossil-free district heating will bring significant cost savings and reduce the mill's carbon dioxide emissions by approximately 1,600 tons per year.
The buildings outside Ovako Imatra’s industrial area, such as the head office, were connected to district heating in 2023, and now Imatran Lämpö Oy is expanding its distribution network to include the industrial area as well. Imatran Lämpö is the local producer and supplier of district heating.

Previously, the buildings in the mill’s industrial area were heated with steam, which required about 8]]></description><pubDate>Fri, 25 Oct 2024 07:12:00 GMT</pubDate></item><item><title>Ovako Imatra is the new partner of JA’s Yrityskylä in Southeast Finland</title><link>https://news.cision.com/ovako-ab/r/ovako-imatra-is-the-new-partner-of-ja-s-yrityskyla-in-southeast-finland,c4046547</link><guid isPermaLink="false">cision4912384</guid><description><![CDATA[Junior Achievement (JA) Finland´s Yrityskylä Secondary School is a Finnish, gamified learning module for 9[th] graders that provides positive experiences about working life, the economy, entrepreneurship and society. Over the next three years, 9[th] graders in Southeast Finland will have the opportunity to work as the management team of Ovako Imatra and make business decisions in international markets.
During the game, students will lead the company through a simulated business year. They will sell and market M-steel, developed at the Imatra mill, to customers across various industrial]]></description><pubDate>Fri, 04 Oct 2024 07:00:00 GMT</pubDate></item><item><title>Ovako launches the podcast "Stålverket" to attract more engineers and build pride among employees</title><link>https://news.cision.com/ovako-ab/r/ovako-launches-the-podcast--stalverket--to-attract-more-engineers-and-build-pride-among-employees,c4045467</link><guid isPermaLink="false">cision4911289</guid><description><![CDATA[Ovako is launching the podcast "Stålverket" with the aim of increasing interest in career opportunities within the steel industry and showcasing the dynamic and innovative environment at the company.
Stålverket will offer listeners insights into what it’s like to work at high-tech steel plants and highlight the advantages of living and working in smaller towns in Sweden. 

The titles of the first episodes, such as "9 Hot Jobs in Steel Right Now!" and "Move to Hofors – What?", give a glimpse of what listeners can expect. The podcast will explore a range of topics, from sustainability issues]]></description><pubDate>Thu, 03 Oct 2024 05:00:00 GMT</pubDate></item><item><title>Ovako Launches a New Purpose and Updated Core Values</title><link>https://news.cision.com/ovako-ab/r/ovako-launches-a-new-purpose-and-updated-core-values,c4032436</link><guid isPermaLink="false">cision4892364</guid><description><![CDATA[We have realigned our strategy, purpose, and core values, all encapsulated in the Ovako Way Statement.
As a frontrunner in the steel industry dedicated to development and decarbonization, we are constantly investing in new technology and the people who make it happen.

To meet our ambitious business and sustainability goals, we have realigned our strategy, purpose, and core values, all encapsulated in the Ovako Way Statement. To make this meaningful, we introduced the Ovako Way – a digital initiative that challenged all employees globally to participate in our journey forward.

The Ovako]]></description><pubDate>Tue, 03 Sep 2024 06:00:00 GMT</pubDate></item><item><title>Ovako continues to invest in the Smedjebacken Steel Mill</title><link>https://news.cision.com/ovako-ab/r/ovako-continues-to-invest-in-the-smedjebacken-steel-mill,c4013920</link><guid isPermaLink="false">cision4867572</guid><description><![CDATA[Ovako is set to further its commitment to innovation and efficiency with a new investment of € 9 million (approximately 100 million SEK) in the Smedjebacken steel mill.
Following previous significant investments, including a new exhaust gas filter, continuous casting machine, and a vacuum tank degassing (VTD) system, this new funding will ensure continued production efficiency and modernization.

The investment includes the replacement of the 50-year-old phase compensation system with an SVC Light[®] cutting-edge STATCOM system from Hitachi Energy. The upgrade will ensure compliance with]]></description><pubDate>Fri, 12 Jul 2024 05:00:00 GMT</pubDate></item><item><title>A year of innovation to continue Ovako’ s sustainability journey</title><link>https://news.cision.com/ovako-ab/r/a-year-of-innovation-to-continue-ovako--s-sustainability-journey,c4012913</link><guid isPermaLink="false">cision4866887</guid><description><![CDATA[Ovako has published its Sustainability Report (https://www.ovako.com/en/sustainability/sustainability-targets/) for the Financial Year 2023, demonstrating its continued leadership in sustainability, and inviting partners to join in collaborative efforts towards a sustainable society.
On average Ovako’s steel products consist of 97 percent recycled steel. Since 2015, Ovako has reduced its carbon emissions per tonne steel from operations with 56 percent and the “cradle-to-gate” carbon footprint from Ovako’s steel products is 80 percent lower than the global average.

The Sustainability]]></description><pubDate>Thu, 11 Jul 2024 05:06:45 GMT</pubDate></item><item><title>Eleiko and Ovako strengthen partnership to push forward low carbon steel solutions</title><link>https://news.cision.com/ovako-ab/r/eleiko-and-ovako-strengthen-partnership-to-push-forward-low-carbon-steel-solutions,c3975257</link><guid isPermaLink="false">cision4814919</guid><description><![CDATA[Today Eleiko, a leader in premium weightlifting equipment, together with Ovako, a prominent steel manufacturer known for its high-quality clean steel, are excited to announce the strengthening of their historic partnership, which dates back to 1957. This collaboration is set to promote revolutionary low carbon footprint solutions in steel production and products.
The newly signed agreement highlights key initiatives including:

  · A firm commitment to supply and utilize world-leading low carbon footprint steel for Eleiko products.
  · Ovako has agreed to reserve production capacity to]]></description><pubDate>Wed, 08 May 2024 05:00:00 GMT</pubDate></item></channel></rss>