HANZA receives order and invests in new technology
HANZA has signed a multi-year manufacturing agreement with an international industrial customer, enabling the further development of HANZAs strong manufacturing offer.
HANZA Holding AB (publ) has signed a multi-year manufacturing agreement with an international industrial customer, for the manufacture of customized busbars to a value exceeding 25 MSEK.
The order allows investment in new technology for advanced pipe bending in HANZAs mechanics factory in Tartu, Estonia. Start of production is scheduled for the third quarter of 2015.
"This investment complements the existing offering in mechanics and provides new opportunities for existing customers," said Thomas Lindstrom. "Technology width is one of HANZAs strengths and an important prerequisite for the production solutions we offer."
For more information please contact:
Thomas Lindström, Vice President Sales & Marketing, Phone: 46 702 98 39 39, email: thomas.lindstrom@hanza.com
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The information in this press release is such that HANZA must disclose it in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 15.20 am (CET), May 12, 2015. Erik Penser Bankaktiebolag is the company's certified adviser.
Important information
This press release may contain certain forward-looking statements that reflect HANZA’s current views of future events and financial and operational performance. Words such as "intends", "anticipates", "expects", "may", "plan ", "anticipate" or similar expressions regarding indications or predictions of future developments or trends, and are not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements are not guarantees regarding future results or developments and actual results may differ materially from those set forth in forward-looking information.