About Tomra Systems ASA

Tomra Systems ASA provides solutions enabling recovery and recycling of materials. Its solutions help to recover waste items and reduce CO2 emissions. The company has a presence in approximately 45 countries worldwide. Its principal markets lie in North America and Europe. Segments The company’s activities are organized within four segments: Collection Technology, Deposit Solutions; Material Handling; Collection Technology, Non-Deposit Solutions; and Industrial Processing Technology. The first two segments are related to the company’s activities in markets with deposit on beverage containers. The other two segments represent the company’s activities in markets without beverage container deposit systems, as well as other material streams beyond beverage packaging. Collection Technology, Deposit Solutions The company’s activities within this business segment include the sale, lease, and servicing of reverse vending machines, primarily in Europe and North America. In addition it provides data administration systems which monitor the volume of collected materials and associated deposit transactions. In 2008, the company installed or upgraded a total of 13,100 machines for non-refillable beverage containers. Industrial Processing Technology (IPT) The company operates in the waste and material sorting and processing market through TiTech, Orwak Group AB, Commodas GmbH, and UltraSort. Together TiTech, Commodas and UltraSort make up the TiTech Group, a provider of sensor-based systems for material recognition and sorting. TiTech’s solutions allow large material processing facilities to sort greater amounts of materials, such as plastic and paper. The solutions provided by Commodas and UltraSort enable recognition and sorting of materials, such as metals, plastic, glass, minerals, and gem stones. The company has delivered approximately 2,000 systems in 35 countries on all continents. The Orwak Group develops, manufactures, and sells compaction solutions for recyclable materials, such as cardboard, paper, and plastic for use in different industries. The Orwak Group is organized into two units, Orwak and Presona. Orwak’s portfolio is focused on small to mid-range vertical presses. Presona’s portfolio consists of large horizontal balers with a press force of 40 to 140 tons. Significant Events UltraSort: In July 2008, the company acquired 100 percent of the business and assets of UltraSort Group in Australia. It consists of UltraSort Pty Limited and Fynsort Technology Limited. UltraSort is a provider of technology for identification and sorting of minerals for the mining industry. History Tomra Systems ASA was founded in 1972.

Country
Industry:
Special Industry Machinery, not elsewhere classified
Founded:
1972
IPO Date:
01/01/1992
ISIN Number:
I_NO0012470089
Address:
Drengsrudhagen 2, Asker, Akershus, 1385, Norway
Phone Number
47 66 79 91 00

Key Executives

CEO:
Andersen, Tove
CFO
Sagemo, Eva
COO:
Data Unavailable