Composition of the Nomination Committee of Orion Corporation
ORION CORPORATION STOCK EXCHANGE RELEASE – OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE24 APRIL 2025 at 11.00 EEST
Composition of the Nomination Committee of Orion Corporation
The Board of Directors of Orion Corporation has appointed the following persons to the Nomination Committee of the company:
Annika Ekman
Petteri Karttunen
Risto Karvonen
Veli-Matti Mattila
Hilpi Rautelin
Seppo Salonen
Hilpi Rautelin was appointed as Chair of the Committee.
The duty of the committee is to prepare and present a recommendation to the Board of Directors for a proposal to the Annual General Meeting of shareholders concerning the composition and compensation of the Board.
The essentials of the charter of the Nomination Committee and a description of the appointment process of its members are provided at https://www.orionpharma.com/investors/corporate-governance/board-of-directors/nomination-committee/charter-of-the-nomination-committee/, a page in the Corporate Governance section of the Orion Group website.
Orion Corporation
Liisa HurmePresident and CEO
Olli HuotariEVP, Corporate Functions
Contact person:Olli Huotari, EVP, Corporate Functions, Secretary to the Board of Directors of Orion Corporation
tel. +358 10 426 3054
Publisher:Orion CorporationCommunicationsOrionintie 1A, FI-02200 Espoo, Finlandwww.orionpharma.com
Orion is a globally operating Nordic pharmaceutical company – a builder of well-being for over a hundred years. We develop, manufacture and market human and veterinary pharmaceuticals and active pharmaceutical ingredients. Orion has an extensive portfolio of proprietary and generic medicines and consumer health products. The core therapy areas of our pharmaceutical R&D are oncology and pain. Proprietary products developed by Orion are used to treat cancer, neurological diseases and respiratory diseases, among others. In 2024 Orion's net sales amounted to EUR 1,542 million and the company employed about 3,700 professionals worldwide, dedicated to building well-being. Orion's A and B shares are listed on Nasdaq Helsinki.Sign in to access your portfolio
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
2 hours ago
- Business Upturn
Inside information, negative profit warning – Oma Savings Bank Plc lowers its earnings guidance for 2025
OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE, 15 JUNE 2025 AT 21:55 P.M. EET, INSIDE INFORMATION Inside information, negative profit warning – Oma Savings Bank Plc lowers its earnings guidance for 2025 Oma Savings Bank Plc (OmaSp or Company) lowers its earnings guidance for 2025 as the company's cost level is expected to remain high throughout the 2025 financial year due to investments in risk management and quality processes, increased headcount, and efforts to address the findings of the Financial Supervisory Authority's inspection. In addition, the update to the ECL model implemented during the first quarter has increased the level of credit loss provisions more than anticipated. Furthermore, fee and commission income is expected to grow more slowly than anticipated in the prevailing economic environment. OmaSp estimates that the Group's comparable profit before taxes is EUR 50-65 million for the financial year 2025. New business outlook and earnings guidance for 2025 are as follows (updated 15 June 2025): The outlook for the Company's business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025. Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management's insight into the Group's business development. We estimate the Group's comparable profit before taxes to be EUR 50–65 million for the financial year 2025 (comparable profit before taxes was EUR 86.7 million in the financial year 2024). Previous business outlook and earnings guidance (published 5 May 2025): The outlook for the Company's business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025. Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management's insight into the Group's business development. We estimate the Group's comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range (comparable profit before taxes was EUR 86.7 million in the financial year 2024). Oma Savings Bank Plc Additional information: Karri Alameri, CEO, tel. +358 45 656 5250, [email protected] Sarianna Liiri, CFO, tel. +358 40 835 6712, [email protected] DISTRIBUTION: Nasdaq Helsinki LtdMajor media
Business Insider
7 hours ago
- Business Insider
Denmark allocates millions of dollars to attract African students in strategic immigration program
According to LocalDenmark, the Nordic country aims to host 230 African students annually for the next eight years, primarily to foster deeper cultural and diplomatic integrations. As stated by its Foreign Minister, Lars Løkke Rasmussen, " It's clearly in our interest that African countries look towards Europe when considering their future paths. With this new program, we're not just investing in education, but in relationships that build a vital bridge between Denmark and Africa." The program is also expected to strengthen ties between Danish and African universities, promoting knowledge exchange and collaborative research initiatives. Meanwhile, some 430 million Danish kroner ($61 million) has been allocated since 2024 to support this initiative, underscoring Denmark's commitment to its pro-Africa immigration policy and strategy. This move by Denmark is part of a broader European effort to maintain relevance and influence in Africa, amid growing competition from China and Russia, particularly as the US continues to enforce strict immigration policies targeting African migrants. According to Minister for Higher Education and Science Christina Egelund, " Africa has enormous potential, which we can help unlock through education. By 2050, a third of the world's youth will live in Africa, and the continent's geopolitical importance is growing rapidly." In return, Denmark also hopes to see more of its own students pursuing studies and exchange programmes in African institutions. ' There's immense potential in Africa. Education is a two-way bridge, ' Løkke said The scholarship provides comprehensive support, covering tuition fees, living expenses, and potentially including travel assistance. Successful applicants may also be eligible to participate in the EU's Erasmus+ program, offering additional exchange opportunities. Denmark's Africa strategy Denmark is known for having some of the strictest immigration policies in Europe, with conditions growing increasingly rigid since the 1990s. While this tough approach has achieved its intended effects, it has also introduced new challenges. During a visit to Ghana last year, Denmark's Foreign Minister and former Prime Minister, Lars Løkke Rasmussen hinted at a shift in immigration policy. He framed the change as a way to safeguard Denmark's core interests, noting that Europe is shrinking—not just in population, but also in its share of the global economy. This perspective is central to the Danish government's new Africa strategy, unveiled on 26 August 2024. The strategy focuses on deepening ties with African nations through expanded trade, investment, and educational exchanges. One of its key goals is to attract top talent from Africa to pursue education in Denmark, thereby fostering a network with long-term political and economic benefits for the country. For many African students, this initiative offers a gateway to high-quality education in Europe, while also fostering stronger partnerships in areas such as science, technology, innovation, governance, and sustainable development between Africa and Denmark.
Yahoo
2 days ago
- Yahoo
Faller Packaging to begin folding carton manufacturing in Horsens, Denmark
Faller Packaging is set to begin folding carton manufacturing at its new facility in Horsens, Denmark, by late 2025. This move follows a project declaration made in April 2023 regarding the creation of an additional production site for the Nordic market. The company noted that its new plant is designed to meet the rising demand for pharmaceutical packaging. It will serve as a complement to the existing facility in Hvidovre, Denmark, and aims to enhance production capabilities in line with market requirements. With the introduction of this site, Faller Packaging intends to increase total capacity in Denmark to around 900 million units each year. The Horsens facility is projected to produce up to 600 million folding cartons annually, significantly contributing to the company's overall output. The choice to open a second production site is in line with Faller Packaging's expansion strategy for its folding carton division. The company has already secured and extensively refurbished a 5,700m² building complex in Horsens. Production at the new facility will be implemented in stages, with future staff receiving thorough training at the Hvidovre site. This strategy aims to ensure a seamless transition and operational effectiveness. A significant advantage of the Horsens plant is the utilisation of modern full-format printing presses, which enable a greater output per sheet compared to the previously used half-format technology. This improvement is expected to boost production efficiency. While the Horsens site will concentrate solely on manufacturing, administrative operations will continue at the Hvidovre facility. The two plants will work in close collaboration, with Hvidovre overseeing new customer projects and producing both special and standard folding cartons. The establishment of the second production site is expected to offer considerable benefits for local pharmaceutical manufacturers and international companies in the area. Faller Packaging aims to enhance delivery times, logistical flexibility, and overall service quality. Faller Packaging managing director Christian Holmskov said: 'The new factory is lean and combines efficiency and quality. This not only allows us to significantly increase capacity, but also strengthens our customer service on site. 'What's more, we are present here in an area that offers good conditions for further growth thanks to a strong industrial environment.' In February 2024, Faller Packaging introduced a new fully recyclable tamper-evident label. "Faller Packaging to begin folding carton manufacturing in Horsens, Denmark" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
