Selections by the Shareholders’ Meeting of the merged Neles Company
Valmet Oyj’s stock exchange release onJune22, 2022 at11:00 a.m.EEST
The remaining Shareholders’ Assembly of Neles Company (“Neles”), which has merged into Valmet Oyj (“Valmet”), was held currently in Vantaa.
The Shareholders’ Conference adopted the ultimate accounts of Neles in accordance with Chapter 16, Segment 17 of the Finnish Providers Act, consisting of the financial statements and once-a-year report for the period January 1 and March 31, 2022.
The Shareholders’ Meeting also solved on discharging the associates of the Board of Administrators and the President and CEO of Neles from liability.
Neles was merged into Valmet on April 1, 2022.
Vantaa June 22, 2022
The Board of Administrators of the former Neles Company
Further information and facts, remember to contact:
Pekka Rouhiainen, Director, Investor Relations, Valmet, tel. +358 10 672 0020
Director, Trader Relations
Valmet is a primary global developer and provider of approach technologies, automation and solutions for the pulp, paper and energy industries. With our automation methods and movement regulate options we serve an even broader foundation of process industries.
We intention to come to be the worldwide winner in serving our clients. Our 17,000 specialists function near to our buyers and are dedicated to improving our customers’ effectiveness – every day.
The company has in excess of 220 a long time of industrial background and a solid monitor history in ongoing advancement and renewal. In 2022, a key milestone was obtained when the move control business Neles was merged into Valmet. The combined corporation internet gross sales in 2021 was somewhere around EUR 4.5 billion based on the respective firm figures.
Valmet’s shares are shown on the Nasdaq Helsinki and the head office environment is in Espoo, Finland.
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