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Glaston
2710 investors follow this company
BUY 1.21 LOWEST 1.19 VOLUME 61 346
SELL 1.21 HIGHEST 1.21 VALUE 0,074 Milj. EUR

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Erkki Vesola
+358 50 549 5512

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Article
Company post
Type: stock_exchange_release
Glaston Oyj: CHANGES TO GLASTON'S GROUP STRUCTURE AND EXECUTIVE MANAGEMENT GROUP
13.1.
2020

In order to better reflect its business dynamics and market drivers, Glaston has made changes to the  Group structure. As of 1 January 2020, Glaston Corporation has three business areas: Glaston Heat Treatment Technologies, Glaston Insulating Glass Technologies and Glaston Automotive & Emerging Technologies. The business areas also form the company's three reporting segments in which Services are included. Machine and Services sales, order intake and order book will also be reported separately as additional information.

Type: stock_exchange_release
Glaston Oyj: Co-operation negotiations in Glaston's Finnish units have ended
20.11.
2019

Glaston's co-operation negotiations concerning adaptation measures have ended. As a result, Glaston plans to decrease the number of employees in Finland by approximately 12 people, out of which at most 8 employments will be terminated. Previously Glaston had estimated that the negotiations could lead to the termination of approximately 20 employments.

Type: stock_exchange_release
Glaston Oyj: Glaston Interim Report 1 January - 30 September 2019: Insulating glass business growing strongly, challenges in heat treatment market
28.10.
2019

This release is a summary of Glaston Corporation's interim report January─September 2019. The complete report is attached to this release as a pdf-file. The stock exchange release is also available on the company's website at the address www.glaston.net. 

Type: stock_exchange_release
Glaston Oyj: Glaston initiates co-operation negotiations in its Finnish units due to weakening demand in heat treatment equipment - outlook for 2019 remains unchanged
2.10.
2019

Glaston Corporation initiates co-operation negotiations concerning measures to adapt the Glaston segment's operations to lower than expected heat treatment equipment demand. The adaptation measures concern all companies in Finland within the Glaston segment. The co-operation negotiations concern both temporary lay-offs and termination of employment contracts. The company estimates that the negotiations could lead to the termination of approximately 20 employment contracts.

Type: stock_exchange_release
Glaston Oyj: Members of Glaston Corporation's Nomination Board
11.9.
2019

Glaston Corporation's shareholders' Nomination Board consists of the four largest shareholders registered in the shareholders' register of the company as of the first working day in September in the year concerned and of the Chairman of the Company's Board of Directors, who serves as an advisory member of the Nomination Board.
Based on the ownership on 2 September 2019, the following have been nominated as members of Glaston's Nomination Board:
Lasse Heinonen (AC Invest Eight B.V.)
Jaakko Kurikka (Hymy Lahtinen Oy)
Pekka Pajamo (Varma Mutual Pension Insurance Company)

Type: stock_exchange_release
Glaston Oyj: DISPUTE BETWEEN GLASTON AND CUSTOMER PROCEEDING TO ARBITRATION
30.8.
2019

A dispute between Glaston and its customer regarding a heat treatment machine acquired by the customer, is proceeding to arbitration. The customer claims the contract to be terminated and a compensation of approximately EUR 3.5 million, which would cover the acquisition price of the machine as well as, mainly indirect, damages caused to the customer. In addition, as a consequence of the termination of the contract, the ownership of the machine would be transferred back to Glaston. Glaston denies the customer's claims and finds them unfounded.

Type: stock_exchange_release
Glaston Oyj: THE BOARD OF DIRECTORS OF GLASTON CORPORATION RESOLVED ON INCENTIVE PLAN FOR KEY EMPLOYEES
8.8.
2019

The Board of Directors of Glaston Corporation has approved a new share-based incentive plan for the Group key employees. The aim of the new incentive plan is to align the objectives of the shareholders and the key employees in order to increase the value of the company in the long-term, to retain the key employees at the company and to offer them a competitive incentive plan that is based on earning and accumulating the company's shares.

Type: stock_exchange_release
Glaston Oyj: First combined quarter for the new Glaston: net sales grew to EUR 58.4 million and comparable EBITA was EUR 3.6 million
8.8.
2019

This release is a summary of Glaston Corporation's half year financial report January-June 2019. The complete report is attached to this release as a pdf-file. The stock exchange release is also available on the company's website at the address www.glaston.net. 

Type: stock_exchange_release
Glaston Oyj: Glaston Corporation publishes pro forma quarterly financial information related to the acquisition of Bystronic glass
7.8.
2019 
Glaston Corporation publishes unaudited pro forma financial information per quarter for the year 2018 and for the first quarter of 2019. 
The pro forma financial information is presented for illustrative purposes in order to reflect the hypothetical impact of the acquisition of Bystronic glass to the Company's results of operations, if it had taken place as of 1 January 2018.
Type: stock_exchange_release
Glaston Oyj: New shares of Glaston registered with the Finnish Trade Register
27.6.
2019

This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in or into Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Singapore or the United States or any other country where such publication or distribution would violate applicable laws or rules or would require additional documents to be completed or registered or require any measure to be undertaken, in addition to the requirements under Finnish law. For further information, see "Important notice" below.

Glaston

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Glaston lyhyesti

Glaston aims to be its industry’s leading pioneer, whose identifying characteristics are technology leadership and high quality. Glaston’s core expertise is in flat tempering technology. In this segment, our global market share is slightly under 40% *). Through its continuous product development and regularly renewed product offering, Glaston will further strengthen its position and competitiveness in the market as well as in new machine sales and services. The growth target will be supported by growing demand for architectural glass. To support its core business, Glaston will seek growth opportunities not only in flat tempering technology but also in other safety glass groups, such as bending, tempering-bending and laminating. Innovative glass technologies and digitalisation will bring significant new business opportunities to Glaston.