Home Corporate Resources for media News 2008 Outotec intensifies development of its services and after sales business
January 16, 2008 10:00:00 AM CET

Outotec intensifies development of its services and after sales business


Outotec intensifies development of its services and after sales

One of Outotec's strategic goals is to grow its Services and After
Sales business and to become the lifetime service partner for its
customers. The targeted growth will increase the share of value-added
services in sales and balance out some of the cyclicality related to
the capital investments of the mining and metals industry.

Outotec has now specified its growth target for the Services and
After Sales business and aims to significantly grow the business to
the annual level of EUR 250-300 million by the end of 2010.

In order to accelerate the growth and to achieve this target the
following measures have been taken:

-          Jari Rosendal, President of Outotec's Minerals Processing
division and member of Executive Committee, is responsible for the
development and growth of the Services and After Sales business in
addition to his divisional responsibility,
-          Kari Suninen has been appointed Vice President - After
Sales Services to develop the after sales business aggressively on
corporate level,
-         Outotec has strengthened its resources in various locations
around the world during 2007 and will continue to do so also in 2008,
-         Outotec is looking to grow the service business through
acquisitions, and
-         the company is developing new service products and
improving its internal processes.

Outotec's Services and After Sales business consists of spare part
services, maintenance contracts, process expert services, certain
engineering services and studies, plant audits, debottlenecking,
upgrading and customer training. The sales volume of this business
was some EUR 80 million in 2007 (2006: EUR 55.3 million). The
Services and After Sales business is included in the figures of
Outotec's three business divisions and the total business volume is
reported on the Group level."We have delivered numerous plants and equipment over the years to
our customers around the world and provided spare parts and expert
services to these plants. During the past few years we have invested
in developing the services. Now we want to speed up the growth and
make the Services and After Sales a considerable part of our
business", explains Tapani Järvinen, CEO of Outotec.

For further information please contact:


Tapani Järvinen, CEO
tel. +358 20 529 2000

Jari Rosendal, Executive Vice President - Services and After Sales,
President - Minerals Processing division
tel. +358 20 529 2700
e-mail jari.rosendal(at)outotec.com

Eila Paatela, Vice President - Corporate Communications
tel. +358 20 529 2004, mobile +358 400 817198
e-mail eila.paatela(at)outotec.com

OMX Nordic Exchange Helsinki
Main media