Brief: Robit Invests In Hammer Production Capacity In Finland, South Korea

Robit Oyj

21/09/2021 07:03

Sept 21 (Reuters) - Robit Plc  ROBIT.HE :
    * ROBIT INVESTS IN TOP HAMMER PRODUCTION CAPACITY IN FINLAND
AND
SOUTH KOREA
    * INVESTS APPROXIMATELY MEUR 6.0 IN INCREASING ITS TOP
HAMMER
PRODUCTION CAPACITY IN FINLAND AND SOUTH KOREA
    * IN Q2 OF YEAR 2021, NET SALES OF TOP HAMMER BUSINESS GREW
BY
22.0 PERCENT COMPARED TO CORRESPONDING PERIOD
    * EXPANSION OF ROBIT'S PRODUCTION FLOOR IN LEMPÄÄLÄ,
FINLAND, WILL
ADD APPROXIMATELY 750 SQUARE METERS OF FLOOR SPACE
    * INVESTMENTS OF SOUTH KOREA'S HWASEONG UNIT CONCERN
MACHINERY
INVESTMENTS AS WELL AS ROBOTICS AND AUTOMATIZATION
    * INVESTMENTS ENSURE DELIVERIES TO MEET DEMAND AS WELL AS
ENABLE
COMPETITIVE COMPLETE DELIVERIES FOR TOP HAMMER PRODUCTS PRODUCED
IN FINLAND
    * NEW PRODUCTION AREAS IN LEMPÄÄLÄ REACH THEIR FULL CAPACITY
BY
END OF 2021
    * IN SOUTH KOREA, FULL CAPACITY IS REACHED EARLY 2022

Source text for Eikon:  ID:nGNE5cnZ3C 
Further company coverage:  ROBIT.HE 

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