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10.06.25 - 08:12
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Spinnova updates its strategy (Cision)
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SPINNOVA PLC, COMPANY RELEASE, 10 JUNE 2025, 9.10 A.M. UCT+2
Release category: Other information disclosed according to the rules of the Exchange
Spinnova updates its strategy
Spinnova announced on 28 February 2025 that it started to review its strategy, post Suzano's announcement that the company decided not to continue to invest into the next steps of collaboration with Spinnova.
Spinnova continues its development work on improving its fibre concept efficiency to reduce production and investment costs. To support development work, the Company's goal is to...
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10.06.25 - 08:06
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Inside information, profit warning: Spinnova to write down its Woodspin assets as it plans to buy all Suzano′s Woodspin shares for one euro (Cision)
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SPINNOVA PLC, COMPANY RELEASE, INSIDE INFORMATION, 10 JUNE 2025 AT 09.02 UCT+2
Inside information, profit warning: Spinnova to write down its Woodspin assets as it plans to buy all Suzano's Woodspin shares for one euro
Spinnova to write down its Woodspin assets following the inside information announcement today (full company release is available on Spinnova's website https://spinnovagroup.com/releases/) stating the finalisation of the strategic review of Woodspin's operations, and the signing of a non-binding term sheet by Spinnova Oyj and Suzano S.A.
In the term sheet...
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09.06.25 - 14:01
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Spinnova′s change negotiations concluded (Cision)
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SPINNOVA PLC, PRESS RELEASE, 9 JUNE 2025 AT 3 P.M. UCT+2
Spinnova's change negotiations concluded
Spinnova announced on 11 April 2025 the start of change negotiations to adjust its organisational structure to the Company's current development stage and the changed operating environment.
The negotiations ended on 4 June 2025, and the outcome was communicated to the personnel today. As a result of the negotiations, 10 positions will permanently be reduced.
The scope of the change negotiations covered all 56 of Spinnova's permanent employees, except the executive management. At...
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11.04.25 - 08:30
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Changes in Spinnova Plc′s Management Team (Cision)
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SPINNOVA PLC, COMPANY RELEASE, 11 APRIL 2025 AT 9:30 A.M. UCT+2
Changes in Spinnova Plc's Management Team
Spinnova makes changes in its Management Team to align roles better according to the current development stage.
The Management Team constitutes the following members and roles as of today 11 April 2025:
Janne Poranen, CEO
Santeri Heinonen, Chief Finance (CFO) and People Officer
Johanna Valkama, General Counsel
Shahriare Mahmood, Chief Product and Sustainability Officer
Juha Salmela, Chief Technology Officer
CFO and Deputy CEO Ben Selby and Chief Revenue Officer Lasse...
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09.04.25 - 17:01
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Resolutions of Spinnova Plc′s Annual General Meeting 2025 and the Board of Directors′ constitutive meeting (Cision)
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SPINNOVA PLC, COMPANY RELEASE, 9 APRIL 2025 AT 6:00 P.M. UCT+2
Resolutions of Spinnova Plc's Annual General Meeting 2025 and the Board of Directors' constitutive meeting
The Annual General Meeting of Spinnova Plc was held on 9 April 2025 (hereinafter the “AGM”) at 1:00 p.m. (EEST) at Sanomatalo, Töölönlahdenkatu 2, FI-00100 Helsinki, Finland.
The AGM adopted the financial statements for the financial year 2024 and discharged the members of the Board of Directors and the CEO from liability for the financial year 2024, and approved all proposals made by the Board of Directors and the...
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02.04.25 - 08:01
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Inside Information: Spinnova′s joint venture Woodspin to initiate change negotiations (Cision)
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SPINNOVA PLC, INSIDE INFORMATION, COMPANY RELEASE, 2 APRIL 2025 AT 09.00 UCT+2
Inside Information: Spinnova's joint venture Woodspin to initiate change negotiations
Woodspin Oy, the exclusive producer and distributor of wood based SPINNOVA® fibre, is a joint venture that is owned by Spinnova Oyj and Suzano Plc, 50% each. The change negotiations are related to the strategic review of Woodspin commenced in February 2025.
Following the strategic review of its business, Woodspin will assess conditions for continuing its operations and alternatively for closing them down. Woodspin'...
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20.03.25 - 16:01
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Inside Information: Spinnova′s founder and Chair of the Board Janne Poranen to start as CEO. He will also continue as Chair of the Board (Cision)
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SPINNOVA PLC, INSIDE INFORMATION, COMPANY RELEASE 20 MARCH 2025 AT 5 P.M. UCT+2
Inside Information: Spinnova's founder and Chair of the Board Janne Poranen to start as CEO. He will also continue as Chair of the Board
Spinnova's Board of Directors has today appointed Janne Poranen as CEO effective 20 March 2025. Mr. Poranen will be responsible for all Spinnova Group businesses and for leading the Management Team. He will also continue as Chair of the Board. Former CEO Tuomas Oijala continues supporting the new CEO with the strategy work, and will leave at the latest on 12 September...
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14.03.25 - 09:01
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Spinnova′s Annual Report 2024 has been published (Cision)
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SPINNOVA PLC, PRESS RELEASE, 14 MARCH 2025 AT 10.00 A.M. UCT+2
Spinnova's Annual Report 2024 has been published
Spinnova Plc's Annual Report 2024 has been published today. The Annual Report includes Spinnova's Annual Review and Sustainability Report.
The publication is available on the Company's website at https://spinnovagroup.com/annual-report-2024/.
No printed copies of the report will be made available.
Spinnova Plc
For further information, please contact:
Sophie Jolly
Interim Head of Investor Relations and Communications
Tel....
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13.03.25 - 12:18
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New Deputy CEO and Head of Business Development joins SIBS Modular (Cision)
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Tuomas joins from his current position as CEO of the Spinnova Group. He has previous experience from several senior leadership positions in China, Saudi Arabia, the Nordic region as well as global roles within KONE Corporation.
“Tuomas is a perfect fit for the role he is now taking up in SIBS Modular. The company has seen rapid growth during the last years and Tuomas will come in to lead and develop the Business Development of the Group. He will also contribute with his experience with regards to governance and structure which is needed for our ambition of continued and controlled...
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12.03.25 - 16:24
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Inside Information: Spinnova Plc′s CEO Tuomas Oijala to leave the Company (Cision)
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SPINNOVA PLC, INSIDE INFORMATION, COMPANY RELEASE 12 MARCH 2025 AT 5.20 P.M. UCT+2
Inside Information: Spinnova Plc's CEO Tuomas Oijala to leave the Company
Spinnova's Chief Executive Officer, Tuomas Oijala, has today informed the Board of Directors of his intention to resign from his position. Mr. Oijala will continue in his position during the 6 months' notice period, leading the ongoing strategy work among other things, and leave at the latest on 12 September 2025.
The Board of Directors immediately initiates a process to find his successor.
Spinnova Plc
For...
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06.03.25 - 16:01
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Notice to the General Meeting 2025 of Spinnova Plc (Cision)
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SPINNOVA PLC, COMPANY RELEASE, 6 MARCH 2025 AT 5:00 P.M. UCT+2
Notice to the General Meeting 2025 of Spinnova Plc
Notice is given to the shareholders of Spinnova Plc (“Spinnova” or the “Company”) to participate in the Annual General Meeting to be held on Wednesday 9 April 2025, at 1:00 p.m. (EEST) at Sanomatalo, Töölönlahdenkatu 2, FI-00100 Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets at the meeting venue will commence at 12:30 p.m. (EEST).
Shareholders can exercise their right to vote also by voting in...
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04.03.25 - 17:01
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Proposals of the Shareholders′ Nomination Board to Spinnova Plc′s Annual General Meeting 2025 (Cision)
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SPINNOVA PLC, COMPANY RELEASE, 4 MARCH 2025 AT 6.00 P.M. UCT+2
Proposals of the Shareholders' Nomination Board to Spinnova Plc's Annual General Meeting 2025
Spinnova Plc's Shareholders' Nomination Board has submitted to the Board of Directors of the Company its proposals for the Annual General Meeting 2025.
1) Remuneration of Board Members
The Shareholders' Nomination Board of Spinnova Plc proposes to the Annual General Meeting that the remuneration of the Board of Directors would be a fixed monthly fee of EUR 6 000 to the Chair and EUR 2 000 to each...
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15.01.25 - 08:06
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ASK Scandinavia′s Nova tote with Spinnova′s materials is now available for pre-order (Cision)
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SPINNOVA PLC, PRESS RELEASE, 15 January 2025, 09.00 a.m. EET
ASK Scandinavia's Nova tote with Spinnova's materials is now available for pre-order
Spinnova and ASK Scandinavia collaborate to bring a naturally dyed tote bag to the market. The Nova tote is made with fabric that contains 30% wood-based SPINNOVA® fibres and 70% cotton. The fabric has been dyed with a natural dye produced by Natural Indigo Finland's, and the raw material for the dye is derived from Paulig's coffee waste. The Nova tote is now available for pre-order at the ASK Scandinavia webshop.
ASK...
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10.12.24 - 11:39
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Puma And Spinnova Fibre Enter Multi-Year Partnership (Reuters EN)
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BRIEF-Puma And Spinnova Fibre Enter Multi-Year Partnership Dec 10 (Reuters) - PUMA SE PUMG.DE : PUMA SE - UNVEILS PARTNERSHIP WITH TEXTILE MATERIAL INNOVATION COMPANY SPINNOVA TO UTILIZE WOOD-BASED FIBRE FOR FUTURE COLLECTIONS PUMA SE - THIS NON-BINDING AGREEMENT WILL RESERVE PRODUCTION CAPACITY FROM WOODSPIN Further company coverage: PUMG.DE (Gdan...
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10.12.24 - 11:01
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SPINNOVA® fibre producer Woodspin and PUMA sign multi-year Letter of Intent (Cision)
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SPINNOVA PLC, PRESS RELEASE, 10 DECEMBER 2024 AT 12:00 P.M. EET
SPINNOVA® fibre producer Woodspin and PUMA sign multi-year Letter of Intent
Woodspin Oy, the producer and seller of the sustainable wood-based SPINNOVA® fibre and the global sports brand PUMA SE have signed a Letter of Intent (LOI) to secure access to fibre volumes for several years. Woodspin is a joint venture company of Spinnova and Suzano.
The LOI is a non-binding agreement for booking volumes of wood-based SPINNOVA® fibre from Woodspin.
Spinnova and PUMA will collaborate to develop products...
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