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08/9/13 - €1.73
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vaahto group oyj (WAT1V) Details

Vaahto Group Plc Oyj operates as the supplier of implementations of technology and consulting services serving the process industry in the fields of paper-making technology and process machinery in Finland, the other European countries, North America, Africa, and Asia. The company operates in two divisions, Vaahto Paper Technology and Vaahto Process Technology. The Vaahto Paper Technology division provides products and services, including paper and board machines and their rebuilds, as well as rolls, roll coating, and roll servicing. It plans and builds production lines, machines, equipment, and components for the paper, board, and pulp industries, as well as provides installation and start-up, consultation, and project management services. The components include dilution- controlled headboxes, formers, shoe presses, film sizing and coating units, center reels, pulpers, and screens, as well as rolls and dryer cylinders. This division also provides technology solutions related to roll covers, maintenance, and spare parts for the paper, board, and pulp industries. The Vaahto Process Technology division manufactures pressure vessels, agitators and other mixing equipment, reactors, columns, and heat exchangers. This division also provides analysis and testing, assembly and commissioning, and maintenance and spare part services for customers in the food processing, biotech and pharmaceuticals, environmental, and chemical industries. Vaahto Group Plc Oyj was founded in 1874 and is based in Lahti, Finland.

231 Employees
Last Reported Date: 03/20/14
Founded in 1874

vaahto group oyj (WAT1V) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: €178.0K
Compensation as of Fiscal Year 2013.

vaahto group oyj (WAT1V) Key Developments

Vaahto Group Reports Interim Management Statement for the Period from January 1, 2014 to March 31, 2014; Provides Earnings Outlook for the Year 2014

Vaahto Group reported interim management statement for the period from January 1, 2014 to March 31, 2014. For the period, the company’s turnover from continuing operations was €5.4 million against €9.6 million for the corresponding period in the previous fiscal year. Operating profit was €0.1 million against €0.2 million for same period a year ago. Operating profit for the fiscal year 2014 is expected to be positive for the company’s continuing operations.

Vaahto Group plc Oyj Announces Management Changes

Vaahto Group plc Oyj announced that Kalle Rasinmäki, M.Sc. (Tech.), has been appointed to the Executive Vice President of Business Area Japrotek Vessels. He’s previous position was the Vice President, Sales and Marketing of Vaahto Group. Christian Kessen, M.Sc. (Tech.), has been appointed to the Executive Vice President of Business Area Stelzer Mixing Technology. He is also acting as Managing Director of Stelzer Rührtechnik Int. GmbH. Kalle Rasinmäki and Christian Kessen are responsible for the Business Area’s result and further development of the business strategy. Both Mr. Rasinmäki and Mr. Kessen will report to Vesa Alatalo, CEO of Vaahto Group Plc Oyj.

Vaahto Group plc Oyj Elects Sami Alatalo as Vice Chairman

Vaahto Group plc Oyj announced that the board of the directors of the company the Board of Directors has on April 15, 2014 elected Sami Alatalo as the vice-chairman of the Board.


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