EcoLog and Gremo begin a sales cooperation
The purpose of the agreement is to offer markets a broader product range. This would range from small forwarders to large harvesters. The machines will still be manufactured in their current locations. Because each company is stronger in different markets, a marketing division will be formed that considers where each company is best represented. Source: http://www.eco-log.se/en/news/
Tapio Ingervo appointed as the new Managing Director at Logset
Tapio has a strong background in the international business of forest machines. He is currently the Marketing Director for Kesla, responsible for on-road products. He has previously held the position of Marketing Director for Mantsinen Oy and Managing Director of Ponsse SAS in France. Source: http://www.logset.com/TAPIO_INGERVO_MANAGING_DIRECTOR_AT_LOGSET
Elforest builds a hybrid electric prototype with Ponsse
The Elforest electric turbo was installed in a Ponsse Ergo harvester. The electric turbo helps the diesel engine and hydraulic pumps to rapidly provide extra power when large amounts of power are suddenly needed, by restoring engine speed. The prototype will continue to be tested during 2015. Source: http://elforest.se/en/aktuellt
Ponsse releases positive 2014 financial statements
Ponsse achieved net growth of 25 % in net sales, operating profit of over 10 % and cash flow from operations of Euro 37.5 million. The order book looked very positive at year-end, with a 59 % growth compared to 2013, with the order value at year-end being Euro 158.4 million. Russia and North America were strong during 2014. Improvements were also seen in European markets such as Finland, Germany, France and Great Britain. 2015 is expected to also show growth, resulting in the capacity of the factory being increased. Source: http://www.ponsse.com/media-archive/news/ponsse-s-financial-statements-for-1-january-31-december-2014