IFS Applications streamlines operations at Kuusakoski

IFS, the global enterprise applications company, today announces that Kuusakoski Oy, a Finnish industrial recycling company, will implement IFS Applications at all its sites. The specification phase of the implementation project has been completed, and the implementation is to be carried out site-specifically between 2012 and 2014.

Kuusakoski selected IFS Applications in order to increase efficiency, consolidate work processes and improve stability and usability.

“We wanted a straightforward, state-of-the-art ERP system, which supports our business management,” stated Harri Pulli, Vice President of Kuusakoski Oy.

The solution includes IFS Applications components for financials, sales, distribution, project management, and manufacturing. The collaborative project has also resulted in a jointly-developed software extension designed for the specific needs of the recycling business.

IFS’s skilled and motivated personnel was one of the decisive reasons for Kuusakoski selecting IFS as software provider.

“The key factor for choosing IFS was their readiness to start developing new functionality for the recycling industry,” concluded Petri Virtanen, Director for Finland and Sweden at Kuusakoski Oy.

“Kuusakoski is an interesting client for IFS Finland since we believe that the ecological values will assume even greater importance in the future and we want to be part of this development,” commented Tapani Pohjonen, Managing Director at IFS Finland.

Contact Information
Anne Vandbakk
Telefon: 46 8 58 78 45 00
Corporate Communications Director
anne.vandbakk@ifsworld.com

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com

About Kuusakoski Group
Kuusakoski Group Ltd is a company that includes recycling company Kuusakoski Inc. and its subsidiaries, and its specialized foundry Alteams Inc. and its subsidiaries.
Kuusakoski Oy is the leading industrial recycling company in the Baltic Sea region. Kuusakoski offers efficient recycling services to both industrial customers and consumers, as well as processing concepts to its customers worldwide. The company has more than 100 worldwide locations, of which 20 in Finland. In addition to Finland Kuusakoski operates in Russia, Estonia, Latvia, Lithuania, Poland, Sweden, Denmark, the UK and USA, China and Taiwan. Kuusakoski Group Oy’s turnover in 2010 was €810 million and it employed approx. 3 000 persons. The company was established in 1914.
More information on Kuusakoski is available at www.KUUSAKOSKI.com

About IFS
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of four core processes are strategic: Service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in more than 50 countries with 2,700 employees in total. Net revenue in 2010 was SKr 2.6 billion.

More information on IFS is available at www.IFSWORLD.com

IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on June 14, 2011 at 5:30 p.m. (CET).

IFS, Box 1545, SE-581 15 Linköping, Sweden – Phone: +46 13 460 40 00 – Fax: +46 13 460 40 01
Industrial and Financial Systems, IFS AB (publ) is a limited liability company registered in Linköping, Sweden.
Corporate identity number: 556122-0996

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