Helsinki, January 2, 2014 - NASDAQ OMX (NASDAQ: NDAQ) announced that trading in Valmet Corporation (VALMT) shares commenced today on the main market of NASDAQ OMX Helsinki. Valmet is a large cap company within the sector Industrials. The company has over 200 years of industrial history and was reborn through the demerger of the pulp, paper and power businesses from Metso Group (MEO1V) in December 2013.
The new Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries, and it employs 11,000 professionals around the world. Valmet’s net sales in 2012 were approximately EUR 3 billion. For more information, visit www.valmet.com
Pasi Laine, CEO of Valmet Corporation, commented: “Today, Valmet starts a new phase, when the trading with its stock starts on NASDAQ OMX Helsinki. Our goal is to maintain our strong market position, improve profitability, utilize global growth potential especially in packaging board, pulp, tissue and bio energy related technologies and services, and to become the global champion in serving our customers. Our strong, diversified footprint in global markets provides us with good platform to utilize the growth. Together with our committed and competent personnel we are ready to work for the success of Valmet, its owners and customers.”
Henrik Husman, Deputy Managing Director of NASDAQ OMX Helsinki, said: “We are proud to welcome Valmet Corporation, a world-leader in its sector with a long and fascinating history, back to our main market as a separate unit. We congratulate the new Valmet on its first day as a publicly-traded company and look forward to a long-standing partnership with the company and its shareholders.”
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NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. NASDAQ OMX Nordic is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland. To learn more, visit www.nasdaqomx.com.
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