Image System's business area RemaSawco receives order from Moelven Wood for new board sorting system at its sawmill in Soknabruket, Norway; order is a call-off against their existing framework agreement, is worth SEK 3.3M

Sample article from our Wood & Building Products

March 13, 2024 (press release) –

RemaSawco AB has received an order from Moelven Wood AS regarding the delivery of a board sorting system to the company's sawmill Soknabruket in Norway. The order is a call-off from the framework agreement signed between the companies in November 2023. The order value amounts to just under SEK 3.3 million + commissioning costs.

The order Moelven placed with RemaSawco is a call-off against the existing framework agreement signed by the parties in November 2023. The order concerns the upgrade of the sawmill Soknabruket's planing mill and consists of RemaSawco's board handling system RS-ProSort including the relevant machine controls. The order value amounts to just under SEK 3.3 million plus costs for commissioning.

Delivery and commissioning will take place tentatively around the turn of the year 2024/2025.

<blockquote>
"Moelven continues to work purposefully to keep its sawmills in top shape. At RemaSawco, we are very happy and proud to be a part of it and we place great value on our good relationship with Moelven."

</blockquote>
Says Emilien Saindon, CEO RemaSawco AB

For further information, please contact:
Johan Friberg, CEO, tel: +46 13-200 100, e-mail: johan.friberg@imagesystems.se

Image Systems is a Swedish high-tech company and a leading supplier of products and services in high-resolution image processing. By constantly challenging the market's concept and instead offering new and more efficient solutions, we help our customers achieve increased success in their businesses. The company caters to a large number of industries globally and operations are conducted in two business areas RemaSawco and Motion Analysis. Image Systems has approx. 70 employees in offices in Sweden, Finland and Norway. In 2022, the group had a turnover of SEK 180 million. The share is listed on Nasdaq Stockholm Stock Exchange's Small Cap list and trades under the ticker IS. For further information visit our website www.imagesystemsgroup.se

https://news.cision.com/image-systems-ab/r/image-system-s-business-area-remasawco-receives-an-order-from-moelven-wood-as-of-just-under-sek-3-3-,c3944738

https://news.cision.com/image-systems-ab/i/rs-och-moelven,c3277974

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