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HANZA Receives Manufacturing Contract from RVM Systems
July 6, 2016 | HANZA Holding ABEstimated reading time: 1 minute
HANZA Holding AB (publ) implements a new manufacturing solution for RVM Systems AS, following a so-called MIG analysis.
HANZA, listed on First North Premier, has been commissioned to implement a new manufacturing solution for the Norwegian RVM Systems AS. The assignment was obtained after a MIG analysis, that is, a process of analyzing the customer’s manufacturing process and tailor a new production solution. The estimated value of the order amounts to more than 40 MSEK annually. Production is expected to commence in the third quarter in 2016.
"We have developed a new manufacturing solution for RVM, which we now also have been trusted to execute." says Thomas Lindström, Senior Vice President, head of Business Solutions HANZA. "It includes, among other things, a transfer of RVM’s manufacturing site in Finland to our manufacturing cluster in Estonia."
RVM Systems AS is a leading company in sales and marketing of products for the recycling industry. By conducting a so-called MIGTM-analysis on RVM’s supply-chain, HANZA has developed a tailor-made and quality assured manufacturing solution with significantly higher flexibility and significantly lower cost. The new solution also brings an estimated manufacturing volume to HANZA exceeding 40 MSEK annually, with start in the third quarter of 2016.
"We are in a growth phase, we are currently developing and launching a number of new, competitive products," says Gudmund Larsen, CEO RVM Systems AS. "Hence, it is essential to create a new, efficient manufacturing solution that will free resources for our core business."
About HANZA
HANZA is a fast growing industrial business partner within manufacturing. The company increases growth and profitability for its custormers by supplying complete manufacturing solutions in mechanics, electronics, cables and final assembly. HANZA was founded in 2008 and has grown into a SEK billion company. The company currently operates in Sweden, Finland, Estonia, Poland, Slovakia and China. Among HANZA’s clients there are leading industrial companies such as Atlas Copco, Ericsson, ABB and Saab Defense.
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