2002

Valtra Grows Together with the Customer

Valtra is introducing a record number of new products to Hungary: the high-power T Series, new forest machines and the A Series with upgraded versions.

From Felling to Transport

Valtra’s A Series

Partek and its largest business unit, Valtra, to complement strategy of KONE Corporation

A successful company can never stand still, but must constantly probe for new opportunities to gain a greater lead or maintain its advantage in relation to its competitors.

New Large Tractors from Valtra

Valtra expands assembly plant in Suolahti

Partek´s tractor business, Valtra, will expand its assembly plant in Suolahti, Finland during 2002 and 2003. The expansion is motivated by the continuously growing international demand for Valtra tractors. The size and the versatility of the tractors is increasing and this also influenced the investment decision.

Major order for Valtra in China

Valtra, the Tractors business area of Partek Corporation, has received an order from China valued at USD 9.6 million. This order will double the number of Valtra tractors in China. Valtra has been active in the Chinese market for two years. The new order is an addition to a previous one for around 150 tractors.

Carl-Gustaf Bergström appointed Partek CEO and acting President

Partek´s Board of Directors has received a letter of resignation from President and CEO Christoffer Taxell. Christoffer Taxell has under difficult circumstances striven for solutions concerning the company that are as favourable as possible for all shareholders.

Valtra further increases production volumes

So far the year in progress has been a time of increasing demand for Valtra. Sales of Valtra tractors have grown steadily on the entire global market and the order book has continued to increase.

Valtra builds a global organisation

Valtra, the Tractors business area of Partek Corporation, is growing on the global market. For this reason, the organisation close to the customer is being streamlined, and the operations of the production units are being brought significantly closer to each other.

Financial result for 2001

Growth continued, profits weakened, the balance sheet strengthened.

Sisu Diesel’s Environmental Management System certified

The environmental management system of Sisu Diesel Inc., situated in Nokia Finland has been approved by Det Norske Veritas. The certificate was received by Managing Director Eero Tomi in January 2002.

Record amount of Sisudiesel engines in 2001

The record number of 24 000 Sisudiesel engines was manufactured last year by the company Sisu Diesel Inc. belonging to the Partek Group. This represents an increase of 15% from the previous year. The number of engines manufactured has steadily increased over the last ten years.