Outotec Oyj : CHANGES IN OPERATIONAL STRUCTURE, REPORTING SEGMENTS AND EXECUTIVE BOARD

    Outotec Oyj : CHANGES IN OPERATIONAL STRUCTURE, REPORTING SEGMENTS AND
                               EXECUTIVE BOARD

OUTOTEC OYJ STOCK EXCHANGE RELEASEAPRIL 9, 2013at 4:00 PM

CHANGES IN OPERATIONAL STRUCTURE, REPORTING SEGMENTS AND EXECUTIVE BOARD

In order to accelerate Outotec's transformation into a full life cycle
solutions provider and enhance value creation for customers and shareholders,
Outotec has decided to change its corporate operating model and organization
structure. The change further aims at strengthening product and technology
leadership and the scalability of sales and delivery capabilities close to
markets. These changes aim to promote continuous profitable growth in line
with company's long term financial targets. In addition, the composition of
Outotec's Executive Board will change as of July 1, 2013.

Changes in the operational structure

The company currently has four Business Areas: Ferrous Solutions; Non-ferrous
Solutions; Energy, Light Metals and Environmental Solutions; as well as
Services. The reportable operating segments according to IFRS 8 are
Non-ferrous Solutions, Ferrous Solutions, and Energy, Light Metals and
Environmental Solutions.

As of July 1, 2013, Outotec's business structure will consist of two Business
Areas and three Geographical Regions. The Business Areas are Metals, Energy &
Water and Minerals Processing. Specific focus on the development of services
will continue, and both Business Areas will include a strong services
function. The Regions are Americas, EMEA (including Europe, Middle East,
Africa and CIS countries) and APAC (including Asia Pacific, China and India).

The Business Areas focus on technology and product development, global
marketing of technologies and sales and delivery support to Regions. The
Regions sell and deliver life cycle solutions to customers. Additionally,
global functions are responsible for providing an effective and uniform
business platform for the company's operations.

Changes in segment reporting

Outotec's two new business areas will in the future form the IFRS 8 operating
segments. The new reporting segments will be effective starting from the
January-September Interim Report 2013, which will be published on October 30,
2013.

Changes in the Executive Board

The Americas region will be headed by Mr Jari Rosendal, currently heading
Non-Ferrous Solutions Business Area, the EMEA region by Dr Peter Weber,
currently heading Energy, Light Metals and Environmental Solutions Business
Area, and the APAC region by Mr Kimmo Kontola, currently heading Process
Equipment business line of Non-ferrous Solutions. Kimmo Kontola, MBA, B.Sc.
(Chemical Eng.), 50, is also nominated to the Executive Board of Outotec. He
has a long experience within Outotec in various leadership positions related
to automation, product management and minerals processing businesses.

Mr Robin Lindahl, Outotec's current head of Market Operations, will take the
lead in the new Metals, Energy & Water Business Area. The Minerals Processing
Business Area will be headed by Dr Kalle Härkki, currently heading Services
Business Area.

Mr Pekka Erkkilä, currently responsible for Ferrous Solutions Business Area in
the Executive Board, will take a new responsibility in heading Outotec's
non-ferrous business within the Metals, Energy & Water Business Area. Dr Mika
Saariaho, currently responsible for strategy in the Executive Board, will take
the lead in developing Outotec's significant new growth areas of energy and
water within the Metals, Energy & Water Business Area. Ms Pia Kåll, M.Sc.
(Engineering Physics and Mathematics), 32, has been nominated to the Executive
Board as a new member with the responsibility for strategy, mergers and
acquisitions and Business Intelligence. She joins Outotec from McKinsey, where
she has worked since 2006 and lately as Associate Principal.

"We have succeeded in doubling Outotec's business during last two years. We
are making changes in our organization to take the next step on our
transformation path and to ensure our ability to grow further. We also want to
have more emphasis on our market areas and be close to our customers. I
further believe that it is important to have job rotation within the company
and its Executive Board to promote continuous development of the company and
its people and exchange of knowledge and experience ", says Pertti Korhonen,
President and CEO of Outotec.

Outotec Executive Board as of July 1, 2013:

Pertti Korhonen, President and CEO

Jari Rosendal, Executive Vice President, President of Americas Region

Peter Weber, Executive Vice President, President of EMEA Region

Kimmo Kontola, Executive Vice President, President of APAC Region

Robin Lindahl, Executive Vice President, President of Metals, Energy& Water
business area

Kalle Härkki, Executive Vice President, President of Minerals Processing
business area

Michael Frei, Senior Vice President, Supply

Mikko Puolakka, Chief Financial Officer

Minna Aila, Senior Vice President, Communications and Corporate Responsibility

Nina Kiviranta, Senior Vice President, Chief Legal Counsel

Kari Knuutila, Chief Technology Officer

Tapio Niskanen, Senior Vice President, Business Infrastructure

Kirsi Nuotto, Senior Vice President, Human Resources

Pia Kåll, Senior Vice President, Strategy and M&A

For further information please contact:

OUTOTEC
Pertti Korhonen, CEO
Tel. +358 20529 2000

Mikko Puolakka, Chief Financial Officer
tel. +358 20529 2002

Rita Uotila, Vice President - Investor Relations
tel. +358 20 529 2003, mobile +358 400 954141

Minna Aila, SVP, Communications and Corporate Responsibility
Tel. +358 20529 2455, mobile +35840 5131470

Emails: firstname.lastname@outotec.com

DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.outotec.com

------------------------------------------------------------------------------

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: Outotec Oyj via Thomson Reuters ONE
HUG#1691591
 
Press spacebar to pause and continue. Press esc to stop.