Ovako articles & resources on Made-in-China.com

Ovako Made a Decision Regarding The Bid Concerning The Assets of French Engineering

May 26, 2014

Sweden-based special steel producer Ovako has announced that the commercial court of Nanterre in France has made a decision regarding the bid concerning the assets of French engineering steel producer Ascometal in favor of the French ...

Tags: Bankrupt Ascometal

Swedish Special Steel Producer Ovako Registered a Net Loss of ?21 Million in 2013

Apr 10, 2014

Sweden-based special steel producer Ovako has announced that in 2013 it registered a net loss of €21 million, widening from a net loss of €4 million in 2012, while the company's sales revenues amounted to €850 million, ...

Tags: Metallurgy, Mineral, Steel

Ovako Planned to Increase Its Engineering Steel Production Capacity

May 29, 2013

Reportedly, Swedish-based special steel producer, Ovako, planned to increase its engineering steel production capacity in order to meet growing demand of spring steel and bearing steel. However, some of key customers have already begun ...

Tags: Steel, Metallurgy, Mineral, Energy

Ovako Announced to Introduce Its New Hot-Rolled Ring Mill at Its Hofors Works in Sweden

Mar 21, 2013

Reportedly, Swedish-based special steel producer, Ovako, announced to introduce its new hot-rolled ring mill at its Hofors works in Sweden. Meanwhile, the company has invested approximately €8million for targeting on larger dimensions ...

Tags: Metallurgy, Mineral, Energy, steel, special steel

Utilising Advanced Hot Rolling Technology Can Supply Special Properties Bars

Dec 28, 2012

West Midlands reported that utilising advanced hot rolling technology across its steel grades Ovako can supply Special Properties bars that deliver increased added value and significant cost savings when used in subsequent manufacturing ...

Tags: SP Bars, Ovako Deliver, Added Value, Component Producers

Ovako Announced That It Will Reduce Its Workforce by Some 200 Positions

Dec 20, 2012

Sweden based special steel producer Ovako has announced that it will reduce its workforce by some 200 positions in order to improve efficiency and reduce costs. Notices of redundancy were issued to 134 employees at Hofors, Sweden. Another ...

Tags: Sweden based special steel, improve efficiency, reduce costs

Noth European Engineering Steel Producer, Has Planned to Reduce by 200 Positions

Dec 13, 2012

Reportedly Ovako, Noth European engineering steel producer, has planned to reduce by 200 positions. Notices of redundancy are 134 positions in Hofors and another 70 positions in Sweden and Finland. Since the autumn of 2011, Ovako ...

Tags: steel, position, workforce, Ovako

SMS Elotherm of Germany Has Been Awarded Two Orders for Induction Heating Equipment

Dec 12, 2012

SMS Elotherm of Germany has been awarded two orders for induction heating equipment by Ovako Tube and Ring AB in Hofors, Sweden. EloBar™ and EloTube™ machines by SMS Elotherm combine high energy efficiency with a comparatively ...

Tags: induction heating equipment, Ovako Tube, bar handling system

Ovako Will Reduce Its Workforce by Some 200 Positions

Dec 11, 2012

Ovako will reduce its workforce by some 200 positions in order to improve efficiency and reduce costs.Notices of redundancy are today being issued to 134 employees at Hofors.Another 70 positions will be eliminated through rationalisation at ...

Tags: Ovako, workforce, measures, reduce costs

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