On 30th July 2014, SSAB and Ruukki joined forces to create a Nordic and US-based steel company, which is a leading producer on the global market for Advanced High Strength Steels (AHSS) and Quenched & Tempered steels (Q&T), standard strip, plate and tubular products as well as construction solutions.
The Industry Landscape - How does it affect LKAB in the futureMining On Top
Mining On Top: Stockholm 2013
26-27 Nov 2013
The Industry Landscape - How does it affect LKAB in the future – Peter Schmid, LKAB; SVP, Sales and Marketing
General introduction to RKB Group of Switzerland:
History and Milestones, World Presence, Industrial Experience, Manufacturing Technology and Automation, Quality Certifi cations, Engineering and Technical Assistance, Global Logistics Network.
Harri Leppänen from SSAB presented the results that SSAB has gained from their work reducing the carbon footprint of their actions. As SSAB is a steel company, their actions have a large impact on carbon footprint. The presentation was held in an event arranged by Sitra presenting the carbon footprint of Nasdaq Helsinki listed companies.
The Industry Landscape - How does it affect LKAB in the futureMining On Top
Mining On Top: Stockholm 2013
26-27 Nov 2013
The Industry Landscape - How does it affect LKAB in the future – Peter Schmid, LKAB; SVP, Sales and Marketing
General introduction to RKB Group of Switzerland:
History and Milestones, World Presence, Industrial Experience, Manufacturing Technology and Automation, Quality Certifi cations, Engineering and Technical Assistance, Global Logistics Network.
Harri Leppänen from SSAB presented the results that SSAB has gained from their work reducing the carbon footprint of their actions. As SSAB is a steel company, their actions have a large impact on carbon footprint. The presentation was held in an event arranged by Sitra presenting the carbon footprint of Nasdaq Helsinki listed companies.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
3. Content
New SSAB – More competitive together
Our vision and history
Company overview
Steel business
Tibnor – Nordic Steel Distribution business
Ruukki Construction
3
5. New SSAB – More competitive together
Strengthened customer offering
Enhanced ability to invest in product development and
R&D – innovation leader
Enhanced potential for profitable growth in Advanced
High Strength Steels (AHSS) and Quenched & Tempered
steels (Q&T)
Increased flexibility and cost-effectiveness
Annual cost synergies of up to SEK 1.4 billion (EUR 150
million) realized over a three year period
5
7. Our vision
7
Together with our customers, SSAB will
go further than anyone to realize the full
potential of lighter, stronger and more
durable steel products
» A stronger, lighter and
more sustainable world «
8. We share a common heritage of steel making
8
SSAB was formed in 1978 through a merger
of three companies: Domnarvets Jernverk
(originally started in 1878), Norrbottens
Järnverk (1940) and Oxelösunds Järnverk
(1914). This was a big restructuring of the
Swedish steel industry led by the state
In 1989, SSAB’s shares were listed on the
Stockholm Stock Exchange
With the acquisition of IPSCO in North
America in 2007, SSAB carried out one of
the largest Swedish corporate acquisitions
of modern times
Rautaruukki was established in 1960 to
ensure the availability of raw materials for
the Finnish shipbuilding and other metal
industries
Pig iron production started in Raahe in 1964
Cold-rolling and galvanizing started in
Hämeenlinna in 1972
In the early 1990s, Ruukki expanded into the
construction business
In 2004, all the different companies in
Rautaruukki Corporation started using the
marketing name Ruukki
11. New SSAB in brief
Nordic and US-based steel company with a global reach
Leading producer of Advanced High Strength Steels (AHSS)
and Quenched & Tempered steels (Q&T), standard strip,
plate and tubular products as well as construction solutions
Preliminary net sales in 2013, appr. SEK 56 billion (EUR 6.4
billion)
About 17,300 employees in 50 countries
Steel production facilities in Sweden, Finland and the US
Annual steel production capacity of 8.8 million tonnes
Organized in five divisions:
– SSAB Special steels, SSAB Europe, SSAB Americas, Tibnor,
Ruukki Construction
Listed on the NASDAQ OMX Nordic Exchange in Stockholm
and secondary listing on NASDAQ OMX in Helsinki
11
12. Five divisions – Leading in their businesses
12
Global steel and service partner in
value added Advanced High Strength
Steels (AHSS) and Quenched &
Tempered steels (Q&T)
SSAB Europe SSAB Americas
Tibnor
Ruukki
Construction
SSAB Special Steels
Nordic-based steel producer of
high-quality strip, heavy plate and
tubes
North America-based steel
producer of high-quality heavy
plate
Nordic full-service steel
distribution partner
European provider of
energy efficient building
and construction
solutions
13. 13
SSAB Special Steels SSAB Europe SSAB Americas Tibnor Ruukki Construction
Olavi Huhtala Charles Schmitt Mikael Nyquist Marko Somerma
Finance
Legal and
Strategy
HR, Procurement,
Shared Services
Communications
Market
Development
Håkan Folin
Divisions
Functions
Jonas Bergstrand Monika Gutén
Martin Lindqvist
President and CEO
Per Olof Stark
Technical
Development
Gregoire Parenty
Group Executive Committee (GEC)
Taina Kyllönen Martin Pei
15. 15
Strategic focus areas for the steel business
Growth in Advanced High Strength Steels (AHSS) and
Quenched & Tempered steels (Q&T) – pursue new
segments and geographies
Maintain home market leadership – clear ambition to
remain leader in both North America and the Nordics
Growth in value added services – provide more
customer value
Improve customer experience – continue to develop
the SSAB way of engaging customers
Improve profitability through cost synergies, efficiency
and flexibility
Strengthen performance culture – combine the “best
of both”
17. Luleå – employees 1,200
Broadened steel production base in the Nordics
1
2
3
Raahe – employees 2,800
Hämeenlinna – employees 900
Borlänge – employees 2,100
Oxelösund – employees 2,300
4
5
Strip products
SSAB Europe
Steel-making, heavy plates and
strip products, SSAB Europe
Strip products and tubes
SSAB Europe
Steel-making
SSAB Europe
Steel-making, heavy plates
SSAB Special Steels
17Employees per December 2013
18. Two production facilities in the US
18
Montpelier, Iowa
Mobile, Alabama
Employees: 592
Heavy plate mill, 1.2 MTON
Scrap based EAF production
Q&T lines
Employees: 497
Heavy plate mill, 1.2 MTON
Scrap based EAF production
R&D Centre
1
2
SSAB Production locations
Wear Solutions
2
1
19. 19
Tube and infrastructure production in the Nordics
Strong set-up for producing tubes,
profiles and infrastructure components
– 4 tube works in Finland producing
piles, structural hollow sections and
precision tubes
– 1 tube works in Finland producing
sections and profiles
– 1 tube works in Sweden producing
line pipes and structural hollow
sections
– Also Hämeenlinna and Borlänge sites
have tube production
20. Key customer segments for steel business
Heavy
transport
Automotive
Construction
machinery
Construction
Material
handling
Energy
Service
centers
20
21. 21
Strong product brands
Structural Protection Automotive Wear Color-coated
Engineering
and tooling
Joint product brand portfolio for the new SSAB will be ready at the beginning of 2015
22. Wear services – Products and applications
Products and applications for the wear
market and aftermarket
“One stop shop” for Wear Services
within, e.g. infrastructure and recycling
Strengthen presence within the mining
sector
By expanding our offering, we become a
more complete supplier
With focused resources and work
methods we work closely to the end-user
22
24. Strategic focus areas for Tibnor
Grow home market leadership
– Growth in standard and special steels
– Expand value-added services
Establish one true Nordic set-up
– Specialization and optimization of assets and flows
across countries
– Expand collaboration with SSAB Europe and SSAB
Special Steels
Expand distribution offering in the Nordics
– Expand multi-metal product and processing services
offering
– Increase distribution margin through:
• Realization of synergies in assets, purchasing and SG&A*
• Growth of multi-metal offering in all countries
• Focusing on value-added distribution
24
25. 25
Strong combined set-up of
processing sites for SSAB products
– Value added services processing
sites for plate and carbon steel
– 2 value added services processing
sites for tubes
Leading Nordic multi-metal distribution division
27. Xxx
27
Strategic focus areas for the construction business
Rapid growth and role change in roofing
– Build and roll-out replicable business model
– Expand distribution and installation to get closer to
consumers
Run systematic path to energy-efficient and functional
envelopes
– Differentiate business focusing on energy-efficient
and functional products
– Focus on fewer market segments and growth within
them
From tailored towards modular concept buildings
– Step change in commercial and operational project
management excellence
– Develop repeatable modular solutions
28. Building a major European construction business
28
2013 Plannja Ruukki Combined
Employees 340 3,200 3,500
Manufacturing
sites
4 12 16
29. Strong product portfolio under Ruukki and
Plannja brands
29
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