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The main hearing concerning the Croatian vehicle deal will begin on 4 September 2014 at Kanta-Häme District Court. The consideration for charges was completed in June 2013 and it is based on the pre-trial investigation started by Finland’s National Bureau of Investigation in 2008. [...]

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Patria Helicopters AB has acquired Malmskogen Aerocenter AB:s business operations based in Linköping in Sweden. The acquisition includes the business operations and employees. [...]

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Patria Group's result for the first half of the financial period corresponded to expectations. Net sales were EUR 260.2 million, compared to EUR 244.1 million in the previous year. Operating profit was EUR 22.7 million compared to EUR 23.2 million in 2013. The Group's equity ratio was 59.7% (50.7%). The Group's gearing was -6.5% (18.2%). The number of new orders increased from the previous year, particularly in the Aviation business. However, meanwhile the lack of significant new orders is reducing the order intake for the Land business from the previous year's level, illustrative of the market situation both in Finland and internationally. [...]

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Patria and the Swedish Defence Materiel Administration (FMV) have signed an agreement on the support of the Swedish Armed Forces HKP16 Black Hawk helicopters’ maintenance in Linköping. [...]

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Over 140 summer trainees and young people familiarising themselves with working life are working in Patria's business units around Finland this summer. Summer work placements offer them a great opportunity for hands-on work experience and on-the-job training. [...]

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2013 was a year of strong growth for Patria. There was a clear improvement in net sales and profitability remained on a good level. Growth in new orders was however moderate, which will affect Patria’s development over the next few years. [...]

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The Patria Group's result for the first half of the financial period corresponded to expectations. Net sales were EUR 362.7 million, compared to EUR 324.7 million in the previous year, which equals a growth of 11.7%. Similarly, operating profit rose to EUR 27.5 million (7.9%) from EUR 23.8 million (7.3%) in 2012. The Group's equity ratio was 44.6% (42.6%). Net gearing was 20.6%, compared to 23.8% in 2012. [...]

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The Annual General Meeting of Patria Oyj adopted the Consolidated Financial Statements for the financial period that ended on 31st December 2012. It was also decided to discharge the members of the Board of Directors and the President from liability for the financial period of 2012. Furthermore, the Annual General Meeting decided, according to the Board of Directors’ proposal, to distribute a dividend of EUR 0,50 per share, totally EUR 19 012 424. [...]

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Patria’s annual report 2012 and financial statements 2012 have been published on the companys’s website www.patria.fi. Patria’s annual report consists of three different parts, which complement each other: Annual Report, Financial Statements and Corporate Responsibility Progress report. [...]

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2012 was a year of profitable growth for Patria. There was a clear improvement in the company’s net sales and profitability. The order stock accumulated over the previous years created a solid foundation for last year’s positive result, and almost all of the financial targets set for 2012 were achieved. [...]

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Patria AMV, the global market leader of modern armoured wheel vehicles, has been joined by another Patria mortar system. As a result of recent export deals, Patria Nemo, a 120mm mortar system, has also gained the market leader position in turreted mortar systems. [...]

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European Space Agency E`SA has provided research and development guidance to Finnish company Patria, with the help of Tampere University of Technology, in designing a search and rescue radio antenna that can be sewn into a life vest. Made from highly flexible, lightweight material that is robust against water exposure and moist conditions, and resistant to wear and tear, this special antenna has been designed for use by the Cospas-Sarsat worldwide search and rescue satellite system. [...]

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Patria presents its aerospace competences at Paris Air Show June, 20-24th 2011. Especially Patria’s Pilot Training and Avionics Engineering capabilities are showcased with a flight procedure trainer as well as advanced composite technology at Patria’s booth, Hall 4 Booth D4. [...]

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Events 2014

Exhibition participation by Patria Group

 

 

AOC Electronic Warfare 2014, 

Kuala Lumpur, Malaysia

10 -11 March, 2014

 

Eurosatory,

Paris, France

16 - 20 June, 2014

 

 

Patria sepakers in events

 

 

Lean Institute France: European Lean IT Summit 2014, Sari Torkkola         

 

Talentum: How to prevent fraud, Helsinki

Sirpa-Helena Sormunen

 

Merilampi Attorneys Ltd:

Anti-Bribery Seminar, Helsinki

Sirpa-Helena Sormunen

16.-17.10.2014

 

 

25 -26 March, 2014

 

 

26.5.2014

 

Talentum: COMPLIANCE

2014, Helsinki

Sirpa-Helena Sormunen                         3-4.6.2014

 

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