HELSINKI, Finland, Sept. 27, 2001 (PRIMEZONE) -- The Board of Directors of Metso Corporation (NYSE:MX) has appointed the following Boards of Directors for Metso's business areas, effective from October 1, 2001:
The members of the Board of Metso Paper, Inc. are:
-- Tor Bergman, President, Metso Corporation, chairman
-- Sakari Tamminen, Executive Vice President, Metso Corporation,
vice chairman
-- Arto Aaltonen, Executive Vice President, Metso Paper
-- Markku A Karlsson, Senior Vice President, Corporate technology,
Metso Corporation
-- Juhani Pakkala, President, Metso Paper
-- Harri Luoto, Senior Vice President, General Counsel, Metso
Corporation, secretary
The members of the Board of Metso Minerals, Inc. are:
-- Tor Bergman, chairman -- Sakari Tamminen, vice chairman -- Markku A Karlsson -- Matti Kaehkoenen, President, Metso Automation -- Olli Vaartimo, President, Metso Minerals -- Vesa Kainu, Executive Vice President, Metso Minerals -- Harri Luoto, secretary
The members of the Board of Metso Automation Inc. are:
-- Tor Bergman, chairman -- Sakari Tamminen, vice chairman -- Markku A Karlsson -- Bertel Karlstedt, President, Paper Making Lines, Metso Paper -- Vesa Kainu, Executive Vice President, Metso Minerals -- Harri Luoto, secretary
The members of the Board of Metso Engineering, Inc. are:
-- Tor Bergman, chairman
-- Sakari Tamminen, vice chairman
-- Hannu Pietilae, Senior Vice President, Business Development,
Metso Automation
-- Pentti Pietilae, President, Crushing and Screening business line,
Metso Minerals
-- Erkki Pylvaenaeinen, President, Metso Drives
-- Tapani Vainio-Mattila, President, Metso Engineering
-- Aleksanteri Lebedeff, Vice President, Legal Counsel, Metso
Corporation, secretary
The members of the Board of Valmet Automotive, Inc. are:
-- Tor Bergman, chairman
-- Juhani Riutta, former President of Valmet Automotive
-- Pekka Hoelttae, Senior Vice President, Corporate Treasurer,
Metso Corporation
-- Mauri Jaakonaho, Senior Vice President, Finance & Administration,
Metso Automation
-- Sakari Tamminen
-- Aleksanteri Lebedeff, secretary
The members of the Board of Metso Ventures are:
-- Tor Bergman, chairman
-- Sakari Tamminen, vice chairman
-- Markku A Karlsson
-- Juhani Kyytsoenen, Senior Vice President, Corporate development,
Metso Corporation
-- Tapani Vainio-Mattila
-- Harri Luoto, secretary
Metso Corporation is a global supplier of process industry machinery and systems. Metso's core businesses are divided between Metso Paper (fiber and paper technology), Metso Minerals (rock and mineral processing) and Metso Automation (automation and control technology). In 2000, the net sales of Metso Corporation were EUR 3.9 billion, and the personnel totaled approximately 22,000. Metso Corporation is listed on the Helsinki and New York Stock Exchanges.
Metso completed its offer for Svedala Industri AB on September 14, 2001. Svedala is a global supplier of products and services for rock and mineral processes. Metso's and Svedala's combined net sales are approximately EUR 5,400 million (in 2000) and the amount of personnel is 32,000.