Annual Report 2006 - Euromaint

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