Metso honored with Best Foreign Entrepreneur 2016

Metso honored with Best Foreign Entrepreneur 2016 award in South Korea

Metso Corporation's press release on March 22, 2017 at 11:15 a.m. EET

The South Korea Chamber of Commerce and Industry has awarded Metso in South Korea with the prize of Best Foreign Entrepreneur in 2016, commended by the Prime Minister of the Republic of Korea Hwang Kyo-ahn.

Metso South Korea received this recognition for its outstanding contribution to national industrial development by promoting commerce and industries.   

Metso has been present in South Korea for over two decades, and today it has close to 100 employees.

"We are proud to receive this award. This recognition shows that Metso's effort to develop business in South Korea has been recognized. Over the years, Metso has been investing in South Korea and we have good local suppliers in our network. Metso is a sustainable company and we can support the development of the local community. We export a major portion of the valves produced and the plan is to grow our global sales in the future," says Markus Hauhia, Director, Metso's Flow Control business in South Korea.

The key to Flow Control growth in South Korea is the close cooperation with the major EPC companies that play a key role in many projects for oil and gas and power industry worldwide.

Metso's South Korean Valve Technology Center was inaugurated in 2014. The modern factory ensures high-capacity and high-quality production and the delivery of globe valves for oil and gas and power customers locally and globally. The plant is located in Chungju city, about 120 km southeast of Seoul. Metso also has sales offices in Seoul and Ulsan.

Metso is a market leader in South Korea's aggregates industry with its ground-breaking solutions for crushing and screening. 

Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,000 services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the NASDAQ Helsinki Ltd, Finland, and had sales of about EUR 2.6 billion in 2016. Metso employs over 11,000 persons in more than 50 countries. Expect results. 

Further information

Markus Hauhia, Director Flow Control, Metso Korea, Tel. +82 43 841 9703, Email: markus.hauhia@metso.com   

Helena Marjaranta, Vice President, Global Communications, Metso Corporation, Tel. +358 20 484 3212, Email: helena.marjaranta@metso.com

Best Foreign Entrepreneur award ceremony took place on March 15, 2017. The prize presented to Metso South Korea was received by Markus Hauhia, Director, Flow Control at Metso.

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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...e7b37d082d