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  • 2017-01-20

    Ovako invests in increased heat treatment capacity

    Pressrelease Ovako has decided to invest in increased production capacity at its plant in Smedjebacken. The investment is part of the company’s strategy to broaden operations at the plant and relates to a furnace that, together with the recently installed heat treatment capacity, will create coordinated, efficient and flexible production of heat-treated steel in Smedjebacken.

  • 2017-01-12

    Information to Ovako AB (publ) senior secured notes investors

    Pressrelease As noted in the Ovako 2015 Annual Report, the tax authority in Finland has sought to limit the deductibility of interest expenses for the years 2010-2013. In light of existing practices for interest deduction in Finland during this period, and after consulting with external tax lawyers, Ovako has previously rejected the tax agency's claim. 

  • 2016-12-21

    Ovako sells ball mill in Forsbacka

    Pressrelease Ovako has reached an agreement to sell its ball mill in Forsbacka to newly formed Forsbacka Kulverk AB. The ball mill, which currently has six employees, mainly produces grinding balls for the mining and cement industries. Its total production volume in 2015 was nearly 4,000 metric tons. Under the agreement, Forsbacka Kulverk AB will take over the operations from 1 January 2017.

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