Archive


2020-11-04Press release

Bulten appoints Anna Åkerblad as new CFO

Bulten AB (publ) has appointed Anna Åkerblad as new Chief Financial Officer (CFO). She will assume the position at the latest in the beginning of March 2021 and will be a member of the Group Management.

2020-10-22Press release

Bulten’s Q3 report 2020

Strong order bookings and increased market shares thanks to new contracts.

2020-10-21Press release

Bulten AB (publ):s Nomination Committee for 2021 AGM appointed

The Bulten Annual General Meeting will be held in Gothenburg, Sweden on Wednesday 28 April 2021. Nomination committee members for the meeting have now been appointed.

2020-10-07Press release

Invitation to presentation of Bulten’s Q3 report 2020

Bulten’s interim report for the period January – September 2020 will be published on Thursday 22 October 2020 at approximately 13:30 CET.

2020-09-30Press release

Changes in Bulten's Group Management

Earlier this year, Bulten acquired the global fastener supplier PSM International (PSM). In connection with the start of the integration work, PSM's CEO Marco Suzuki has chosen to leave his position. Bulten's President and CEO Anders Nyström will take over the management of PSM until a new managemen...

2020-09-14Press release

Bulten appoints Emmy Pavlovic as Senior Vice President Technology and Innovation

As an important part of Bulten’s enhanced focus on technical leadership, a new position has been established in the group’s executive management team. As Senior Vice President Technology and Innovation, Bulten has recruited Emmy Pavlovic, who will join Bulten on 15 December 2020, or earlier if possi...

2020-08-27Press release

New employee representative and deputy appointed to the Bulten AB (publ) board

Joacim Stenberg has been appointed new employee representative and Niklas Malmberg as deputy to the Bulten AB (publ) board. They will both take on their duties with immediate effect for a term of three years.

2020-08-04Press release

Bulten moves and expands its manufacturing facility in Taiwan

Bulten has signed a lease contract on a manufacturing facility in Taipei through its subsidiary PSM Fasteners Taiwan Ltd (PSM Taiwan). The new location allows for a more efficient and sustainable operation and a base for further expansion. The current operation of PSM Taiwan will be moved to the new...

2020-07-10Press release

Bulten’s Q2 report 2020

New FSP contract signed, quarter severely impaired by COVID-19 effects.

2020-07-07Press release

Bulten announces delivery start and start-up costs for newly won FSP contract

On 2 July 2020, Bulten announced that the company had signed a FSP (Full Service Provider) contract  for supply of fasteners to a European automotive manufacturer at an annual value of approximately EUR 60 million at full pace. Date for delivery start is now set for July 24, 2020 and start-up costs ...

2020-07-06Press release

Changes in Bulten's Group Management

Bulten has recruited Markus Baum to a newly established position as Chief Commercial Officer (CCO) with global responsibility for marketing and sales, as from November 1, 2020.  Claes Lundqvist has been appointed acting Chief Financial Officer (CFO), starting on August 1, 2020. Furthermore, Fredrik ...

2020-07-03Press release

New employee representative appointed to the Bulten AB (publ) board

Harri Åman has been appointed new employee representative to the Bulten AB (publ) board.

2020-07-02Press release

Bulten is awarded a major FSP contract

Bulten has been awarded an FSP (Full Service Provider) contract for supply of fasteners to a European automotive manufacturer which is also one of its existing customers. The contract is a transfer of an ongoing FSP set up for two assembly plants and the annual order value is of approximately EUR 60...

2020-06-29Press release

Invitation to presentation of Bulten’s Q2 report 2020

Bulten’s interim report for the period January – June 2020 will be published on Friday 10 July 2020 at approximately 08:30 CET.

2020-06-26Press release

Bulten acquires minority post in TensionCam Systems AB

Bulten has today acquired newly issued shares in TensionCam Systems AB for a purchase price of SEK 6 million. After the acquisition, Bulten becomes the owner of 27% of TensionCam's shares. Thus, Bulten and TensionCam will deepen their cooperation in the development of wireless clamp force monitoring...

2020-04-23Press release

Press Release from the Annual General Meeting of Bulten AB (publ) on April 23, 2020

Bulten AB (publ) held the Annual General Meeting on Thursday, April 23, 2020. Below is a summary of the decisions taken at the Meeting, all resolutions taken by the required majority and in accordance with proposals presented to the Meeting.

2020-04-23Press release

Bulten’s Q1 report 2020

Strong start to Q1 slowed by COVID-19 pandemic – measures taken.

2020-04-08Press release

Invitation to presentation of Bulten’s Q1 report 2020

Bulten’s interim report for the period January – March 2020 will be published on Thursday 23 April 2020 at approximately 13:30 CET.

2020-04-01Press release

Bulten’s Executive Vice President and CFO Helena Wennerström has announced her resignation

Bulten's Executive Vice President and CFO Helena Wennerström has today informed the company's President and CEO of her resignation and that she will move on to new challenges.

2020-04-01Press release

Bulten's Nomination Committee withdraws proposal for increased fee to the Audit Committee

The Nomination Committee of Bulten AB (publ) has decided to withdraw the previously communicated proposal to the Annual General Meeting 2020 of an increased fee to the Audit Committee of SEK 25,000 per member.

2020-04-01Press release

Bulten publishes Annual Report with Sustainability Report for 2019

Bulten's Annual Report with Sustainability Report 2019 has today been published on Bulten's website www.bulten.com.  

2020-03-27Press release

Notification of changed shareholding

On 28 February 2020, Bulten AB transferred 1 million shares in connection with the acquisition of PSM International as part of the purchase price. The company's holding of own shares thus amounts to 52,215 shares, corresponding to about 0.2 percent of the total number of shares in the company.

2020-03-24Press release

Notice to attend Annual General Meeting of Bulten AB (publ)

The shareholders of Bulten AB (publ), reg. no. 556668-2141, are invited to the Annual General Meeting on Thursday April 23, 2020 at 17.00 BREAK/AMG Performance Center, Norra Långebergsgatan, Sisjön in Gothenburg, Sweden.

2020-03-24Press release

Bulten’s Board of Directors withdraws proposal for a dividend of SEK 4.00 per share and take measures to mitigate the impact of Covid-19

In recent weeks, Covid-19 has had a significant impact on Bulten's deliveries, which will have a negative impact on earnings in the first quarter. To mitigate the impact, the company is taking measures, including short-term layoffs in Europe. Furthermore, the Board of Directors has decided to withdr...

2020-03-02Press release

Bulten coordinates its business with PSM and relocates to a new joint building in Ohio, USA

Bulten AB (publ) has decided to coordinate its operations in the US with newly acquired PSM International and to move the two operations to a newly built, joint building in Ohio. The purpose is partly to be able to expand in the local North American market and partly to achieve coordination gains. T...

2020-02-28Press release

Bulten completes the acquisition of PSM International

Bulten today announces that the acquisition of PSM International Holdings Limited (“PSM”) has been completed. Closing of the transaction follows the announcement on December 20, 2019, that Bulten has signed an agreement to acquire PSM at a purchase price amounting to USD 24.5 million (SEK 230 millio...

2020-02-20Press release

Bulten presents a new vision, updated strategy, new financial targets and extended Group Management on Capital Markets Day

Bulten AB's (publ) Board has today set a new vision and new financial targets for the period 2020-2024. These, as well as an updated strategy, are presented today in conjunction with Bulten's Capital Markets Day in Stockholm. In addition, Marco Suzuki, CEO of PSM International, will be presented as ...

2020-02-17Press release

Bulten launches BUFOe - a new energy efficient product line

As part of Bulten's sustainability strategy, BUFOe is launched - a new product line focusing on energy efficiency. By replacing conventional fasteners in a vehicle with BUFOe, CO2 emissions can be reduced by more than 30% in the manufacturing process. Bulten thus contributes to solving the climate c...

2020-02-06Press release

Bulten’s Q4 report 2019

Strategic measures implemented, strong order bookings and an agreement for acquisition create a stronger position for 2020.

2020-01-20Press release

Invitation to presentation of Bulten’s Q4 report 2019

Bulten’s interim report for the period January – December 2019 will be published on Thursday 6 February 2020 at approximately 13:30 CET.

2020-01-10Press release

Invitation to Bulten's Capital Markets Day 2020

Bulten has the pleasure of inviting financial analysts, investors and media to a Capital Markets Day in Stockholm on 20 February 2020 in Stockholm.

2019-12-20Press release

Bulten strengthens its position in Asia and North America through the acquisition of PSM International

Bulten has today signed an agreement to acquire all shares in PSM International Holdings Limited (“PSM) (“the Acquisition”). The Acquisition strengthens Bulten’s position in the international fasteners market and provides a strong platform for continued growth globally. The purchase price amounts to...

2019-11-25Press release

Bulten inaugurates new factory in Tianjin and strengthens its platform in China

Bulten has inaugurated its new factory in Tianjin for production of high quality fasteners to the automotive industry in China. With the establishment of the new business, Bulten has strengthened its position as an international supplier of fastener solutions and created very good conditions for man...

2019-10-24Press release

Bulten’s Q3 report 2019

Positive development of order intake, earnings impacted by items affecting comparability and lower production rate.

2019-10-23Press release

Bulten AB (publ):s Nomination Committee for 2020 AGM appointed

The Bulten Annual General Meeting will be held in Gothenburg, Sweden on Thursday 23 April 2020. Nomination committee members for the meeting have now been appointed.

2019-10-09Press release

Invitation to presentation of Bulten’s Q3 report 2019

Bulten’s interim report for the period January – September 2019 will be published on Thursday 24 October 2019 at approximately 13:30 CET.

2019-09-30Press release

Bulten earnings for the third quarter were negatively affected by restructuring in Germany and lower production rate

Bulten AB (publ) releases its full report for the third quarter on October 24, 2019. As previously announced, restructuring is underway in the company's unit in Bergkamen, Germany. The restructuring is expected to generate an annual saving of approximately SEK 25 million from the calendar year 2020....

2019-08-30Press release

Bulten appoints new Senior Vice President Production

Bulten has appointed Fredrik Bäckström as new Senior Vice President Production. He takes up the position on December 1, 2019 and will be a member of Bulten’s Executive Management Team. Fredrik succeeds Jörg Neveling, who will retire on October 31, 2019.

2019-08-27Press release

Bulten starts restructuring program, plan to reduce workforce by approximately 50 people in its German unit

Bulten is starting a restructuring program in its German unit with the aim of streamlining the unit and to adapt to current market conditions. The company is therefore planning to reduce its workforce in Bergkamen, Germany by approximately 50 people.

2019-07-15Press release

Notification of Major Shareholding

Bulten AB (publ) has today acquired an additional 4,500 own shares, which means that the company's holding of own shares as of July 15, 2019 amounts to 1,052,215 shares, 5.0 percent of the total number of shares and votes in the company.

2019-07-10Press release

Bulten’s Q2 report 2019

Inventory adaptation and lower production rate affected results negatively.

2019-07-04Press release

Bulten's earnings for the second quarter negatively affected by approximately SEK 25 million due to lower production rate to adjust inventory levels

In connection with the ongoing compilation of Bultens AB (publ) report for the second quarter, it is obvious that the company's results deviate negatively from previous earnings levels. This is a consequence of declining demand, especially during the latter part of the quarter, and the balancing of ...

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