Tag: Ovako
Triton sells Ovako to NSSMC
Triton (Triton) has sold Ovako AB (Ovako) to Nippon Steel & Sumitomo Metal Corporation (NSSMC), with 100% ownership rights.
Ovako, FNsteel sign supply agreement
Ovako and FNsteel has signed a new supply agreement to continue the successful cooperation from 2017. Under the new contract, Ovako will supply 15,000 metric tons to FNsteel during 2018 as well.
Phetra Ericsson new EVP HR at Ovako
Ovako has recently announced that Phetra Ericsson, currently HR Manager for the Hällefors business unit, has been appointed as the new Executive Vice President HR, Communication & SHE for the Group.
Finnish Ovako Metals launches new website
Ovako acquired Tibnor's Finnish operations and renamed the company Ovako Metals Oy Ab and is now launching a new 
Ovako invests EUR 7.5M in Hofors ring mill
Ovako is investing EUR 7.5M in Hofors to meet demand from the energy sector, particularly in wind power. The initiative is part of a previously announced investment programme aimed at developing Ovako in Hofors in advanced applications for clean steel.
Ovako's ring mill in Hofors is a supplier of large steel rings for advanced applications.
Cleaner steel from Ovako for low fatigue failures
IQ-Steel® from Ovako has minimised the size of inclusions, which dramatically increases its fatigue strength in all directions, while BQ-Steel® is the more traditional choice for improved fatigue strength in demanding applications.
Ovako to acquire Tibnor Oy
Ovako has signed an agreement with SSAB to acquire steel and metals distributor Tibnor Oy in Finland. The deal has been approved by the European Commission and will now be examined by competition authorities in Finland and Estonia for final approval.
Ovako launches WR-Steel with high wear resistance
Ovako recently launched WR-Steel®, a classification of steels with high wear resistance and a range of design advantages and heat treatment possibilities. WR-Steel is one of a series of new-attribute brands being launched by Ovako.
Ovako is Bosch ‘Preferred Supplier’ for 7th year
The Bosch group appointed Swedish company Ovako as the preferred supplier for 2014 in the material group Steel.
The certificate is awarded to suppliers who are considered key partners for the future success of Bosch and who provide outstanding performance when it comes to manufacturing and delivering products or services – especially as regards quality, pricing, reliability, technology and ongoing improvements. Ovako restructures group management
Ovako appointed Mathias Tillman as the new president of Business Area Ovako Bright Bar in Hällefors, and a member of the group management. 
