Breakthrough for Svedala in Ukraine

Svedala has landed an order for about SEK 100 million covering the first stage in the modernization of an iron-ore mine in Ukraine. The order was placed by the largely private-owned Poltava Mine, located in southern Ukraine. One of the largest iron-ore mines in Ukraine, the Poltava Mine has been producing and exporting iron-ore pellets for the steel industry in a number of European countries for many years. Exports account for 90% of total production. The order includes six complete crushing lines and four dry separation lines comprising both crushers and screens. These will mostly be manufactured at Svedala's units in Sweden and delivery will be made within 18 months. As a result of the installation of the more advanced processing equipment, the mine's end-product, pellets, will have a significantly higher quality in the future. In close cooperation with the customer, Svedala Industri has also contributed to securing financing for the entire project. The order should be viewed as a first stage in a continued upgrading and modernization of the Poltava Mine to further increase quality and expand production from the current 7 million tons to about 10 million tons. In recent years, Svedala has established close cooperation with this mine and others in Ukraine and has its own Svedala House in Krivoi Rog. Through the companies which are now part of the Group, Svedala previously sold a large amount of mining machinery to various customers in Ukraine, including four complete pellet plants at Poltava Mine delivered by Svedala Allis in the 1970s. Accordingly, to provide after-market service for prior and new orders, Svedala is planning to establish a service unit near the mining district. Svedala Industri, Information department Phone: +46 70 524 58 47 Svedala Industri is the world's leading manufacturer of equipment and systems for construction and mineral processing industries and materials handling. Annual sales of the Svedala Group, which has subsidiaries in nearly 50 countries, amount to approximately SEK 15 billion, with about 11,000 employees. Operations outside Sweden account for slightly more than 95%.