March
Stock exchange announcement
March 26, 2010
Primary insiders in Norsk Hydro ASA have subscribed for shares under a general arrangement offered to the employees of Hydro each year. All employees in Norway are being offered to purchase shares valued at NOK 10,000 with a 50 percent discount. The offer consists of 486 shares at NOK 20.57 per share.
March 26, 2010
Notice is hereby given that the Annual General Meeting of Norsk Hydro ASA will be held at the company's head office at Vækerø, Drammensveien 260, 0283 Oslo on Tuesday, 4 May 2010 at 5 p.m.
March 26, 2010
Hydro has been fined GBP 100,000 (NOK 0.9 million) in connection with the death of a worker at the company's aluminium extrusion plant in Birtley, in the United Kingdom. The worker, Jens Hinrichs, was fatally injured in an accident on November 2, 2006.
March 25, 2010
Hydro will increase prices for converting uncoated rolled aluminium products from its General Engineering Product Group (GE) by 75 Euro per tonne, effective July 2010. To make prices more transparent, GE customers can also request a separate calculation of the fluctuating metal premium as of Q3 this year.
March 22, 2010
Hydro is going to present many of its innovative aluminium tubing products to HVAC&R industry visitors at the Mostra Convegno Expocomfort in Milan. The week-long exhibition kicks off on March 23.
March 19, 2010
“We entered last year in a state of deep pessimism - but left it with a sense of sober optimism. The bottom is probably behind us. And while the crisis is temporary, the measures we have implemented to meet the crisis are providing lasting improvements,” Hydro President and CEO Svein Richard Brandtzæg says in the company’s annual reporting, published on Hydro’s internet site www.hydro.com on Friday.
March 16, 2010
Wenche Agerup has been appointed executive vice president and head of Corporate Staffs in Hydro.
March 1, 2010
Hydro has discontinued production and closed the doors at its aluminium tubing plant in Michigan, winding up the closure process that started last year and ending 70 years of manufacturing operations at the Adrian site.
