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MXCYY

Metso

$0.00

(0.00%)

08:26
07/22/19
07/22
08:26
07/22/19
08:26

Metso establishes new business services center in Vilnius

Metso has decided to establish a new Metso Business Services center in Vilnius, the capital of Lithuania. The investment supports the company's profitable growth strategy by improving operational excellence and scalability of business services. The Vilnius MBS center will initially offer services for Metso's finance operations, later followed by logistics. The objective is to centralize the related services to the new center and thus gain benefits from process harmonization, standardization and digitalization. Initially, the center will employ some tens of experts, but the number of personnel is expected to grow in the coming years. As part of the initiative, employee negotiations have been held at Metso Minerals in Tampere, Finland, to review the possible employee arrangements and implications. Metso has decided to transfer its Financial Services operations entirely from Tampere to Vilnius. As a result, 28 permanent positions in Metso Financial Services in Tampere will be discontinued in 2020, after a transition period. Metso will support the affected personnel, for example by offering re-employment services and possible relocation support. The opening of the new Metso Business Services Center in Vilnius, Lithuania, is expected to take place during the fourth quarter of 2019.

MXCYY Metso
$0.00

(0.00%)

10/02/18
JPMS
10/02/18
UPGRADE
JPMS
Overweight
Metso upgraded to Overweight from Underweight at JPMorgan
JPMorgan analyst Andrew Wilson double upgraded Metso to Overweight from Underweight and raised his price target for the shares to EUR 34.50 from EUR 28.
07/01/19
JEFF
07/01/19
UPGRADE
JEFF
Buy
Metso upgraded to Buy from Hold at Jefferies
Jefferies analyst Omid Vaziri upgraded Metso to Buy from Hold and raised his price target for the shares to 40 euros from 28 euros.

TODAY'S FREE FLY STORIES

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1.61 (1.35%)

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AAPL

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IIVI

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NVR

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PSMT

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IIVI

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NVR

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NHYDY

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RESN

Resonant

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NINE

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ATOM

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MPWR

Monolithic Power

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AAPL

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IDA

IDACORP

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MO

Altria Group

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EADSY

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, AL

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  • 13

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Options
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PSX

Phillips 66

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  • 25

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POST

Post Holdings

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