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Annual Report 2006 - Euromaint

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Business development<br />

EuroMaint has achieved its leading position in maintenance engineering by systematically focusing on<br />

customers’ needs. The main priority is not what we can deliver, but what the customer needs. however, from<br />

the customer’s perspective a degree of courage is required to move away from conventional maintenance<br />

programmes to the new approach of condition-based maintenance.<br />

Today EuroMaint operates in the rail transport and engineering<br />

industries, both of which are in different phases of development when<br />

it comes to maintenance technology. Whichever industry or industries<br />

the Group expands its operations into, the success factor remains the<br />

same – a team of highly skilled engineers who can also understand<br />

and meet our customers’ needs.<br />

Measurable costs and income<br />

In the technically oriented industries where EuroMaint operates it is<br />

important to be able to clearly show measurable results. Accessibility<br />

to production resources is not the only improvement area; income<br />

can also be affected, for example by scheduling planned operational<br />

stoppages intelligently. We must also be able to show that safety<br />

levels are maintained even though the cost is lower. Once again<br />

– focusing on the customer’s needs.<br />

Partnership, collaboration and influence<br />

Collaboration in various forms is an important component in<br />

EuroMaint’s development. It entails long-term, stable relations with<br />

our customers in order to understand their needs in the best way<br />

possible. It involves partnerships and networks with suppliers to<br />

satisfy customers’ varying needs, and also to increase the pace and<br />

capacity of our development and ensure flexibility and adaptability to<br />

changes in the market.<br />

Developing condition-based maintenance requires the installation<br />

of measurement equipment on rolling stock, for instance. In the rail<br />

transport industry EuroMaint’s advisory role has gradually increased.<br />

We often have an opportunity to influence how our customers fit out<br />

new rolling stock in order to increase availability and decrease the<br />

number of stoppages. In the same way we need to keep abreast of<br />

other industries in order to develop our advisory role in the long term.<br />

We work with the Swedish Rail Agency and have been able to show<br />

good examples, which now serve to influence international regulations.<br />

We are proud of this role, which sends out positive signals to the market.<br />

We already know that companies will have to obtain certification from<br />

the European Railway Agency, ERA, in order to deliver maintenance<br />

for the European railways, and that the system is not significantly<br />

different from the one we use at present. We welcome this development<br />

and will be foremost among Europe’s ERA-certified maintenance<br />

companies.<br />

Industries at different stages<br />

EuroMaint Industry is currently taking the step from classic maintenance<br />

sold by the hour, to offering a full service with a focus also on<br />

income. We are investing a great deal, with the aim of signing new<br />

maintenance contracts with manufacturing industries in 2007 in line<br />

with our Total Service Concept.<br />

EuroMaint Rail is ready to establish itself internationally. The<br />

company may achieve this by accompanying partners to other<br />

countries, whereby we take our established maintenance concept and<br />

gradually invest. We may also expand from Sweden, such as with the<br />

refurbishment contract for NSB’s passenger carriages. EuroMaint<br />

is also expanding into the Baltic region, where our establishment is<br />

being financed through the more cost-effective production of component<br />

maintenance. In the long term we also expect to build relations<br />

with local train operators in order to bring a modern maintenance approach<br />

to the expansion of the railways on that side of the Baltic Sea too.<br />

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