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2007-06-29 08:00:00 CEST 2007-06-29 08:00:00 CEST REGULATED INFORMATION Ponsse Oyj - Company AnnouncementPonsse signs partnership agreement with SKS Group OyPONSSE OYJ PRESS RELEASE 29 JUNE 2007 AT 9.00 Ponsse signs partnership agreement with SKS Group Oy Ponsse Oyj has signed a partnership agreement with SKS Group. The purpose of the agreement is to improve competitiveness and possibility to answer future challenges even more efficiently. The production of SKS Connecto Oy, a subsidiary of SKS Group, and know-how of approximately 30 employees of the company will be transferred to Vieremä. The company will be located in new premises in the Ponsse partnership company park. The close location aims at gaining flexibility in production and decreasing the need for storage. The partnership agreement promotes active cooperation in, for example, product development and ensures the utilisation of best technologies in the production of PONSSE forest machines. “We place emphasis on developing our supplier network and building a partnership network that will guarantee the high quality and competitiveness of our products. We are looking for partners who meet our high quality requirements and are able to respond to the needs of our customer controlled production. The agreement does not affect the number of personnel in Ponsse's factory in Vieremä," says Arto Tiitinen, President and CEO of Ponsse Oyj. SKS Group serves industry in the solutions of machinery manufacturing and device production from the importing of components to the delivery of systems. The group's turnover in 2006 was 120.2 million euros and the number of personnel was about 600. The special fields of SKS Connecto Oy are customer-specific high-quality solutions and contract manufacturing, including engineering and assembly services and the manufacture of cable and wiring systems. The company is the market leader in its field in Finland. SKS Connecto's turnover in 2006 was 17.2 million euros and the number of employees is about 130. Vieremä, 29 June 2007 PONSSE OYJ Arto Tiitinen President and CEO FOR FURTHER INFORMATION, PLEASE CONTACT: Arto Tiitinen, tel. +358 20 768 4621 or +358 400 566 875 DISTRIBUTION Helsinki Stock Exchange Principal Media www.ponsse.com |
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