Metso Corporation
PINKSHEETS : MXCYY
HEX : MEO1V

August 20, 2013 03:19 ET

Metso Corporation's demerger process proceeding - Markku Honkasalo appointed Chief Financial Officer of the future Valmet Corporation

Metso Corporation's stock exchange release on August 20, 2013 at 10:05 a.m. local time

HELSINKI, FINLAND--(Marketwired - Aug 20, 2013) - Mr Markku Honkasalo, LL.M., eMBA, has been appointed Chief Financial Officer (CFO) of Valmet Corporation*. He will start in his new position on September 2, 2013 and will report to President and CEO Pasi Laine.

Markku Honkasalo has previously worked as CFO, Rautaruukki Corporation and Director, Administration, Legal & HR at Myllykoski Corporation. Prior to his career in industry, Honkasalo held a variety of positions in the banking sector.

Metso's pulp, paper and power professionals specialize in processes, machinery, equipment, services, paper machine clothing and filter fabrics. Our offering and experience cover the entire process life cycle including new production lines, rebuilds and services.

As of January 2014, Metso's Pulp, Paper and Power business will serve its customers with an even more focused and competitive approach as an independent, listed company, Valmet Corporation*.

*Pending Metso EGM approval and registration of the demerger.

www.metso.com/pulpandpaper, www.metso.com/energy

www.twitter.com/metsopulppaper, www.twitter.com/metsoenergy

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide. Metso's shares are listed on the NASDAQ OMX Helsinki Ltd.

www.metso.com, www.twitter.com/metsogroup

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Metso Corporation via Thomson Reuters ONE

[HUG#1723803]

Contact Information

  • For further information, please contact:

    Pasi Laine
    President
    Pulp, Paper and Power
    Metso
    tel. +358 20 484 3200

    Metso Corporation
    Harri Nikunen
    CFO

    Juha Rouhiainen
    VP
    Investor Relations

    Distribution:
    NASDAQ OMX Helsinki Ltd
    Media
    www.metso.com