HANZA invests for increased capacity

HANZA, listed on Nasdaq First North, has completed a major investment of approximately SEK 20 million to meet increased demand

HANZA Holding AB (publ) has invested in a manufacturing package in the mechanical segment, which includes two CNC grinding machines to increase capacity for new products.

"The recently announced new orders from companies including Siemens results in that we need additional capacity in certain areas" said Emöke Sogenbits, President, HANZA Light Mechanics Division.

The investment will be installed during the fourth quarter of 2015 in HANZA's mechanics factory in Årjäng.

For more information please contact: 
Erik Stenfors, CEO, Phone: 46 8 624 62 00, email: erik.stenfors@hanza.com
Emöke Sogenbits , President , HANZA Light Mechanics Division Phone: +372 51 123 08 email: emoke.sogenbits@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 10.05 am (CET), November 13, 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.

About Us

HANZA is a knowledge-based global manufacturer that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and our own factories grouped into regional manufacturing clusters, we offer secure deliveries, increased profitability and sustainable manufacturing solutions for our customers.HANZA was founded in 2008 and in 2019 had sales exceeding SEK 2 billion. The company has production units in seven countries; Sweden, Finland, Germany, Estonia, Poland, the Czech Republic and China. Among our clients are leading product companies such as ABB, Epiroc, GE, Getinge, Oerlikon, Saab and Siemens.HANZA is listed on Nasdaq Stockholm's main list (ticker: HANZA).For more information please go to: www.hanza.com

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