Metso Corporation

Metso is made up of a global pool of highly dedicated people working closely together to ensure our customers’ success. People with the outstanding expertise, commitment and drive to make profitable advancements, reach new heights in service and deliver real results.

Our people around the world are located close to our customers, in order to understand the forces that shape their business realities. This empowers us with unique insight to create effective solutions that increases the productivity and environmental quality of our customers operations.

We believe that the measure of our worth is in the results we deliver to our customers. This is why we do not compromise on our service and customer offerings. We utilize our deep technological competence and industrial knowledge to deliver cutting-edge solutions and services designed to make a real and sustainable difference to business.

• Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas.
• We are truly global - Worldwide we employ about 30,000 professionals based in over 50 countries deliver sustainability and profitability to customers worldwide.
• In 2011 Metso Corporation's net sales were EUR 6,646 million.
• Today 45 percent of our net sales come from the services business.
• We have three segments: Mining and Construction, Automation and Pulp, Paper and Power.
• Our new strategy implementation is focused on five strategic must-wins to ensure that Metso is the perfect fit for its stakeholders now and in the future.

Metso was created through the merger of Valmet and Rauma in 1999. Valmet was a paper and board machine supplier, while Rauma’s operations were focused on fiber technology, rock crushing and flow control solutions. The merger produced an equipment supplier serving the global process industry.

Roots in the 18th century

The history of Metso Corporation goes all the way back to the 1750’s. It was then that a small shipyard was established in the Viapori fortress on the islands outside Helsinki. In the early 20th century it ended up in the ownership of the Finnish state and became part of Valmet. Ships have also been built in the town of Rauma, on Finland’s west coast, since at least the 16th century, with the shipyard owned by Rauma-Raahe Oy starting in Rauma in 1945.

At least four of the companies forming part of the present Metso Corporation date back to the 19th century. The Karlstad foundry in Sweden began in 1865, while Sunds Bruk, the predecessor of Sunds Defibrator Industries Ab, was established in Sweden in 1868, and the Nordberg Manufacturing Company started in the United States in 1886. The founder of Nordberg was Bruno V. Nordberg, a Finnish-born immigrant. 1895 saw the establishment in France of Ateliers Bergeaud, which came into Rauma-Repola’s ownership in 1987.

Metso’s ambition is to be number one and best in class technology and service provider in all the businesses we are in.

In order to ensure continued profitable growth, gain the critical size needed to win in the market, and reinforce our long-term strategic direction, Metso will focus its efforts on Mining and construction businesses, Automation business and Pulp, paper and power businesses.

Our vision, mission, values, leadership principles and Must-Wins create a common platform for leading the different businesses.

Our strategy focuses on common high impact group-level Must-Wins to support the execution of the operational strategies, and therefore enabling best possible value creation. Especially services, growth countries and the mining business will open opportunities for growth and value creation.

The new strategy is driven by five group level Must-Wins and selected business focused Must-Wins to enable best possible value creation:

• Services: Attain growth in services market share and profitability locally by leveraging installed base.
• Growth countries: Reinforce local presence and growth mainly in BRICs or other business relevant growth countries.
• Technology: Maintain technology leadership with cost efficient and sustainable solutions and develop fit-for-purpose products.
• Operating model: Secure quality of operations and deliveries (Supply Chain Excellence) globally with cost efficiency improvements.
• People: Develop a working environment that enables our business success (attracts the right people, helps to develop, allows everyone to perform).

According to our mission we contribute to a more sustainable world by helping our customers to process natural resources and recycle materials into valuable products.

This mission, together with the values and Code of Conduct, forms a foundation for our vision: Working as One to be Number One.

Our mission is: We contribute to a more sustainable world by helping our customers to process natural resources and recycle materials into valuable products.

Our commitment is to work as One to actively contribute towards building a more sustainable world. We are a global company with a wide range of effective and environmentally sound products, services and solutions. We value our global diversity and high working standards. We are determined to create value for our all stakeholders, with strong focus on shareholder value creation, by ensuring the quality while promoting sustainability in the industry around the world.

Metso delivers its mission through its values:

• Driving customer success
• Seeking innovation
• Performing together
• Respecting each other

Vision

Working as One to be Number One
Working as One implies working closely with our customers, suppliers and other key stakeholders as well as with each other internally. We encourage and inspire each other to achieve the best results. The more we pull together, share knowledge and inspire each other, the stronger and more successful we and our stakeholders will be.

To be Number One is to be the best in creating value for our stakeholders in everything we do. In order to do this, we are determined to develop a working environment that attracts the right people to work with us and to help them grow and perform to their highest capabilities. We always present the best possible technology, talent and expertise to enable our stakeholders to achieve their best.