NEW FACILITIES FOR ROBIT TECHNOLOGY CENTER

17.8.2015, 15:00 CET

ROBIT PLC COMPANY RELEASE 17 AUGUST 2015 AT 4.00 P. M.  

NEW FACILITIES FOR ROBIT TECHNOLOGY CENTER

Robit Plc has implemented its plan to invest in a real estate located next to the head quarter in Finland. The value of the transaction was EUR 1,1 million. The total space of the real estate is 1 392 square meters.

The company will establish into these facilities a technology center. There will be place for operations related to product technology and production technology to secure the further growth.

ROBIT PLC

Jussi Rautiainen, CEO

Harri Sjöholm, Chairman

Further information:
Robit Plc

Jussi Rautiainen, CEO Harri Sjöholm, Chairman
+358 40 741 0369 +358 400 622 092
jussi.rautiainen@robit.fi harri.sjoholm@robit.fi

Certified Advisor
Skandinaviska Enskilda Banken AB (publ) Helsinki Branch
Tel. +358 9 6162 8101

Robit develops, manufactures, supplies and services drilling consumables for applications in tunnelling, geothermal heating and cooling, construction, and mining industries. The Company's products can be divided into top hammer drilling consumables used for rock drilling and DTH (down-the-hole) drilling consumables used for ground drilling. The Company has sales companies in Finland, South Korea, the United States, Russia, South Africa and Peru as well as a sales office in China as well as distribution network with approximately 160 distributors. Robit's products are sold to over 100 countries. The Company has production in Finland and South Korea.

Distribution:

NASDAQ OMX Helsinki
Key media
www.robit.fi