Powerflute Oyj is a holding company, which operates through its wholly-owned subsidiary Savon Sellu Oy, a paper mill near Kuopio, Finland. The company manufactures high quality Nordic semi-chem fluting made primarily from birch wood. In accordance with its strategy, the company may in the future also acquire and manage complementary companies or assets related to paper and packaging or other forestry derivatives. In 2006 the company’s turnover was €98.3 million. Read more about Powerflute Oyj here
“We warmly welcome Powerflute to the Nordic Exchange’s alternative marketplace First North. Nordic Exchange’s Main Market is number one in paper products globally. Commancing the trading of Powerflute’s shares on First North gives new opportunities for investors interested in paper products,” says Jouni Torasvirta, President of OMX Nordic Exchange Helsinki.
Trading code for Powerflute’s share is POW1V. The company operates in the Materials Sector. To Powerflute share price
Dermot Smurfit, Chairman of the Board (left), is welcomed to First North by Jouni Torasvirta, President of OMX Nordic Exchange Helsinki (right).
Dermot Smurfit, Powerflute (left), Jouni Torasvirta, OMX (second from left), Vesa Heikkilä, Öhman (center), Timo Jaakkola, Öhman (second from right) and Mikko Heinonen, Hannes Snellman (right).
Dermot Smurfit together with Jouni Torasvirta and advisors waiting for the first closed deal in Powerflute’s share.
Dermot Smurfit ringing the bell. Trading has now officially started.
Powerflute’s first closed deal in silver frames.
Important information
First North is an alternative market, operated by the different exchanges within OMX. It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
