Tikkurila buys JUB's stake in trading company Tikkurila JUB Romania SRL

28-Aug-2009 - Tikkurila, which is responsible for Kemira's paints and coatings business, will strengthen its position in the South Eastern European paint market. Tikkurila has agreed to acquire the 50% stake of the Slovenian JUB in the trading company Tikkurila JUB Romania SRL. The ownership will be ...

Kemira: Tikkurila has acquired rest of shares in its industrial coatings companies in Russia

22-May-2009 - Tikkurila, which is responsible for Kemira's paints and coatings business, has acquired the remaining 30% of the shares in two St Petersburg-based paint companies from their founders and previous management. OOO Gamma Industrial Coatings is a producer of metal industry coatings and OOO Tikkurila ...

Kemira: Tikkurila opens a logistics and customer service center in Mytishchi near Moscow

22-Apr-2009 - Tikkurila, which is responsible for Kemira's paints and coatings business, is opening a new logistics and customer service center in Mytishchi near Moscow. The resulting more efficient supply chain will give a competitive edge to Tikkurila as soon as the market picks up, according to the ...

Kemira: Tikkurila sets EUR 25 million savings target

20-Jan-2009 - Tikkurila will launch a Group-wide savings program in order to secure the future competitiveness of its paints and coatings business. Tikkurila aims to save EUR 25 million annually. The cost savings program will involve the entire personnel of the Tikkurila Group totalling approximately 3,800 ...

Kemira: Tikkurila to acquire a sales company in Slovakia

17-Dec-2008 - Following its strategy of growth, Tikkurila, which is responsible for Kemira's paints and coatings business, will strengthen its position in Eastern Europe by acquiring the sales company Finncolor Slovakia s.r.o. operating in Martin, Slovakia. Tikkurila will purchase 100% of the company's shares ...

Kemira: Tikkurila to establish a sales company in Minsk, Belarus

19-Aug-2008 - Following its strategy of growth, Tikkurila, which is responsible for Kemira's paints and coatings business, will strengthen its position in East Europe by establishing a sales company called IP Tikkurila in Minsk to be responsible for the marketing, sales and distribution of Tikkurila's ...

Kemira to concentrate on water and fiber businesses

New strategy confirmed - focus on water and fiber

20-Jun-2008 - Kemira's Board of Directors has made a strategic decision to concentrate on water and fiber related businesses in the future. Kemira will initiate a spin-off process to turn Tikkurila, its Coatings business area, into a public company owned by Kemira's current shareholders and potential new ...

Tikkurila to establish a trading company in Romania jointly with Slovenian-based JUB

08-May-2008 - Following its strategy of growth, Tikkurila, which is responsible for Kemira's paints and coatings business, will strengthen its position in the Southeasteuropean paint market. The company has agreed to establish a trading company by the name of Tikkurila JUB Romania with the paint company JUB of ...

Kemira: Tikkurila to sell its stake in Russian JV Sto-Tikkurila to Sto AG

28-Apr-2008 - Tikkurila Oy, the company that is responsible for Kemira's paints and coatings business, has signed an agreement to sell its 50% stake in OOO Sto-Tikkurila to the other party, Sto AG of Germany. The parties have agreed on not disclosing any financials details. The joint venture OOO Sto-Tikkurila ...

Kemira: Tikkurila merger to take effect

08-Jan-2008 - The subsidiaries Tikkurila Paints Oy and Tikkurila Coatings Oy have merged into their parent company Tikkurila Oy which is responsible for Kemira's paints and coatings business (Kemira Coatings) on January 1, 2008. Under the merger, all assets and liabilities as well as rights and obligations of ...