Annual Report 2006 (pdf) - EuroMaint Rail
Annual Report 2006 (pdf) - EuroMaint Rail
Annual Report 2006 (pdf) - EuroMaint Rail
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Contents<br />
<strong>EuroMaint</strong> in brief<br />
<strong>EuroMaint</strong> in brief 3<br />
The year in brief 4<br />
The past year 5<br />
The CEO’s comments 6<br />
<strong>EuroMaint</strong> <strong>Rail</strong> 8<br />
<strong>EuroMaint</strong> <strong>Rail</strong> in brief 9<br />
<strong>EuroMaint</strong> <strong>Rail</strong>, President 10<br />
Maintenance of Stockholm’s commuter trains<br />
– a prestigious contract 12<br />
New interior for Arlanda Express – designed by Björn Borg 14<br />
Light maintenance of Green Cargo’s freight carriages 14<br />
Contract with Arriva – new operator on the Swedish market 15<br />
Baltic establishment the first step in international development 16<br />
Refurbishment contract in Norway<br />
– ground-breaking for both parties 18<br />
Creative development – a natural part of every process 20<br />
Market strategies for growth 21<br />
<strong>EuroMaint</strong> Industry 22<br />
<strong>EuroMaint</strong> Industry in brief 23<br />
<strong>EuroMaint</strong> Industry, President 24<br />
Production streamlining at the forefront 26<br />
Establishment in Gävle expands our market 28<br />
Closeness to the customer 29<br />
From Euromation to <strong>EuroMaint</strong> Industry 29<br />
Specially adapted production equipment 30<br />
New customer segments and markets 31<br />
<strong>EuroMaint</strong> 32<br />
<strong>EuroMaint</strong> in brief 33<br />
The role of the Group management 34<br />
Business development 35<br />
Operational development 36<br />
Discretion – a natural part of the change process 37<br />
Personnel development 38<br />
The role of employees on the Board 39<br />
Five-year summary 40<br />
The business in figures 41<br />
<strong>Report</strong> of the Directors 42<br />
Income Statements 44<br />
Balance Sheets 45<br />
Changes in Equity 47<br />
Cash Flow Analyses 48<br />
Notes 49<br />
Audit <strong>Report</strong> 64<br />
Corporate governance 65<br />
Corporate Governance <strong>Report</strong> 66<br />
The Chairman’s comments 70<br />
The <strong>EuroMaint</strong> Board of Directors 72<br />
<strong>EuroMaint</strong> <strong>Rail</strong> management 74<br />
<strong>EuroMaint</strong> Industry management 75<br />
<strong>EuroMaint</strong> Group management 76<br />
Miscellaneous<br />
Addresses 77<br />
Since 1 January <strong>2006</strong>, <strong>EuroMaint</strong> has been a Group with<br />
the main task of being a strong, leading maintenance<br />
partner that increases its customers’ efficiency.<br />
The Group has two subsidiaries, <strong>EuroMaint</strong> <strong>Rail</strong> and<br />
<strong>EuroMaint</strong> Industry, which operate in the rail transport<br />
and engineering sectors respectively.<br />
The whole Group is characterised by a strong focus on developing<br />
new services and concepts which enable the companies to offer the<br />
foremost maintenance and technical solutions in their industries.<br />
The main product is a comprehensive package, a Total Service Concept<br />
encompassing preventive, corrective, restorative and improvement<br />
maintenance.<br />
The subsidiaries concentrate on customer benefit and delivery<br />
quality, while strategic development issues and co-operation with<br />
strategic partners are dealt with at Group level.<br />
Maintenance solutions for the rail transport industry<br />
<strong>EuroMaint</strong> offers cost-effective maintenance solutions for rolling<br />
stock in the rail transport industry, which entails the development,<br />
production and delivery of technical system services, as well as<br />
maintenance and refurbishment of all types of rolling stock and its<br />
components. A process of internationalising the operation began<br />
during the year.<br />
Streamlining in the engineering sector<br />
<strong>EuroMaint</strong> Industry are specialists in production streamlining. Taking<br />
the existing production process as its point of departure, the company<br />
offers maintenance, component servicing, production engineering<br />
and production equipment with the aim of strengthening industry<br />
competitiveness.<br />
<strong>EuroMaint</strong>’s operating locations<br />
<strong>EuroMaint</strong> has operations all over Sweden, from Luleå in the north to<br />
Malmö in the south.<br />
Sweden<br />
3