OUTOKUMPU OYJ PRESS RELEASE June 11, 2014 at 5.30 pm EET  

As part of its ongoing efficiency and cost saving measures, Outokumpu announced today plans to outsource part of its IT services. Outokumpu has signed an agreement with Wipro regarding the development, maintenance and support of IT legacy applications.

Approximately 90 employees globally are expected to transfer from Outokumpu IT to Wipro, initially continuing at their current locations with roles and tasks that remain largely unchanged.

For more information:

Saara Tahvanainen, tel. +358 40 589 0223 Outokumpu Group Outokumpu is a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable – thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs more than 12 000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com