Wind and industrial gear manufacturer and service provider Moventas has entered a frame agreement on the gear service of Metsäliitto´s manufacturing sites. The agreement enables field and plant service as well as component and gear deliveries for the pulp, paper and board factories of M-real, Metsä-Botnia and Metsä-Tissue in Finland.

-The agreement is a great vote of confidence to us from a long-standing partner. We are happy to deepen the co-operation with them, comments Olli Välimäki, responsible for Moventas´ Service division.

The agreement also stands for the industry´s willingness for strategic partnership with its key suppliers.

-Long-term, reliable customer-supplier relationships enable the development of our own operations as well as cooperation in a way that benefits both parties. Harmonising the trading practises alone improves efficiency, which in a tough competitive situation is wanted on all levels of the value chain, says Olli Välimäki.

Components and spare gears covered in the agreement will be manufactured in Moventas' Karkkila plant.

For more information please contact

Olli Välimäki
Senior Vice President, Service
olli.valimaki@moventas.com, +358 40 755 5229

Moventas is one of the largest manufacturers of wind turbine gears in the world. The company also manufactures power transmission solutions for industry use and provides services for their overhaul and maintenance. Majority of the products' end use is connected with renewable energy. In 2009 Moventas generated net sales of EUR 237 million. The company has approximately 1200 employees in 8 countries globally with a world-wide partner network. European private equity investor IK Investment Partners holds the majority of the shares in Moventas. www.moventas.com