Ponsse wins more orders from China
PONSSE OYJ PRESS RELEASE 19 DECEMBER 2007
Ponsse wins more orders from China Ponsse has agreed to deliver a total of 22 cut-to-length method forest machines to China. The deal concerns PONSSE forest machines as well as training and maintenance services related to use of the products. The products will be delivered to China's Yangxin Eurasia Group Ltd during 2008. Yangxin Eurasia Group Ltd operates in the harvesting and wood processing industry. The deal includes PONSSE forest machines to be manufactured at Ponsse's Vieremä factory in Finland and Ponsse's Chinese subsidiary Ponsse China Ltd. will be responsible for the training of operators. “The demand for cut-to-length method forest machines is growing in Asia and the need for harvested trees in the area is increasing due to forest industry investments. We are committed to offering our customers comprehensive solutions. With training services, we ensure that our customers get the most from efficient PONSSE forest machines right from the beginning. We do continuous development work on our sales and services network in Asia, which is one of our growth areas of our business,” says Arto Tiitinen, President and CEO. Ponsse Oyj established two subsidiaries in Asia in November 2007: Ponsse Asia Pacific Ltd and Ponsse China Ltd. Ponsse Asia Pacific Ltd is responsible for the establishment and development of the Ponsse sales and maintenance network in Asia and Oceania and it´s subsidiary Ponsse China Ltd is responsible for the Ponsse sales, maintenance and training in China. Ponsse China Ltd´s headquarters is located in Beihai. Vieremä, 19 December 2007 PONSSE OYJ Arto Tiitinen President and CEO FURTHER INFORMATION Arto Tiitinen, telephone: +358 400 566 875 DISTRIBUTION OMX Nordic Exchange Helsinki Principal media www.ponsse.com