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Danish CEO of Mediq, Thomas Hinnerskov, was chosen by Valmet's board of directors to lead the company as the new President and CEO. [10] In October 2024, Velmet announced that is it cutting 112 jobs to improve "profitability and competitiveness of the business operations.". [11] This comes after a net profit of 157 million euros in Q1-Q2 2024. [12]
Valmet Automotive is a Finnish vehicle contract manufacturer and supplier of battery, roof, and kinematic systems. [ 3 ] Valmet Automotive has manufactured over 1.8 million vehicles at its headquarters in Uusikaupunki , Finland .
At the start of 2014, Metso Corporation's Mining and Construction business and Automation business formed the new Metso Corporation and Metso's Pulp, Paper and Power business formed a new independent company under the name Valmet Corporation. In December 2013 Metso reduced its holding in Valmet Automotive to approximately 41%.
Valmet (originally Valtion Metallitehtaat - State Metalworks) was a company formed in 1951, when the country of Finland decided to group their various factories working on war reparations to the Soviet Union under one company, Valmet. The factories within the group produce a wide array of products including aeroplanes, road vehicles ...
The Karma was a plug-in hybrid luxury sports sedan produced by Fisker Automotive and manufactured at Valmet Automotive in Finland. After missing its initial late 2009 launch, and after the launch was rescheduled several times, the first deliveries took place in the U.S. in late July 2011 and deliveries to retail customers began in November 2011.
A transgender man was physically tortured for more than a month in an upstate New York motel until he died, with his alleged attackers ditching his corpse in an empty field in an attempt to cover ...
Valmet 1502 with six wheels was a very special tractor in the '70s. Valmet and Valtra have also been pioneers in turbocharging, especially with their three- and four-cylinder engines. In 1969 Valmet introduced the world's first turbocharged four-cylinder tractor, the Valmet 1100, which produced 115 horsepower SAE.
Elon Musk's DOGE team has slashed hundreds of jobs paid for by fees from banks, medical device companies and other forms of funding rather than taxpayer dollars, raising the question of whether ...