Pause operations: company temporarily curtailing operations while keeping return options open
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Outokumpu
Outokumpu
Outokumpu is a Finnish company, one of the leading stainless steel manufacturers in the world.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionGlob.Revenue, mln.USD
7533
The Company Statement
March 31, 2022
Stopped sales and deliveries to Russia. The Russian state concern Rosatom has filed a lawsuit in the Moscow Arbitration Court against the Finnish Fortum and Outokumpu Corporation for 227.8 billion rubles (2.45 billion euros), demanding compensation for damages due to the termination of the contract for the construction of the Hanhikivi-1 nuclear power plant.
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