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Contact information
Managing Director
Mauri Leponen
EcoSir Oy
Kehräsaari B
33200 TAMPERE
Tel. +358 20 72 90 300
Fax +358 20 72 90 301
Email: info@ecosir.com
www.ecosir.com
On 1 June 2009, the Panostaja Group companies EcoSir Oy, Puztec Oy and Kospa Oy operating in the environmental sector merged to form the Ecosir Group.
The company specialises in recycling and equipment solutions for waste and property management. Its wide product range comprises a diverse assortment of cost-effective solutions from small waste containers to large customised waste management solutions. Ecosir Group offers the most extensive selection of environmental technology products and solutions in the Nordic countries.
Ecosir Group expects to expand its operations particularly in its most important export markets, Scandinavia, Russia and the Middle East. Ecosir Group's impressive list of references includes, for example, the waste management system of the Freedom Park in Moscow, Russia, the tube conveyor systems of the Olympic Conference Centre in Beijing, China and the Kamppi Shopping Centre in Helsinki, Finland.
Panostaja aims to develop a strongly international business area focusing on environmental technology around Ecosir Group.
Key figures
EUR 1.000 | 2008* | 2009 |
Turnover | 2,446 | 6,372 |
Operating profit | -82 | -2,211 |
Number of personnel | 32 | 45 |
Ownership share 31.10.2009 | 70,2% | |
*6 months |
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The environmental sector in general
The environmental business can be divided into nine different areas. These are water, climate, energy, waste, soil, noise, materials technology, clean technologies and measurements, monitoring and services. Together they are worth around EUR 600 billion on the global market. And the market is growing by an average of 5-7% a year. In Finland the value of the environmental sector market is EUR 5-7 billion.
The size of the waste and recycling sector and developments in it
The entire global market in waste and recycling is worth around EUR 250 billion. Of this the EU25 area accounts for approximately EUR 115 billion. Equipment accounts for about 15% of the recycling market in Finland, and roughly 6% elsewhere. The entire market for waste management equipment solutions in Finland is worth around EUR 80-100 million. The turnover for companies in the industry has increased in recent years by an average of 15%. The waste pipeline transportation market is at present valued at approximately EUR 400-500 million globally. Europe's share of the market is about a fourth, at EUR 100-125 million.
Trends in the industry and drivers of change
The main drivers of growth in the business and the major trends in the industry are:
- Urbanisation and areas of denser population are boosting the demand for waste management solutions that save space and minimise inconvenience. The planning and upgrading of recycling and waste collection systems are playing an important role in regional planning
- The rise in transportation costs, technological development and internationalisation of the sector
- The increase in environmental values and awareness is boosting demand for environmental solutions
- Changes in the law are taking greater account of environmental factors
- Greater reuse of materials requires effective recycling and collection systems
Adopting a position - customers
The Ecosir Group has three essential customer segments: property solutions, regional solutions, and corporate solutions. Customers include waste management companies, waste disposal plants, local authorities, city authorities, properties, companies, shopping centres, hotels, spas and conference centres.
Panostaja Oyj's objectives in the sector:
- Ecosir Group will be a fast growing and profitable international pioneer in environmental waste and recycling equipment, their systems and solutions, in Finland, Scandinavia, Russia and the Middle East by the year 2012.
- Ecosir Group and its selected partners will be a leading player in advanced subterranean collection centre solutions using compactor technology and in suction collection systems in densely populated residential and business districts and at service and logistics centres.
- Ecosir Group's efficient and environmentally friendly technologies and services improve the enjoyment of our living environment using cost-effective systems that are regularly updated in line with regional development.
Sources
Sentum Capvia Oy
Panostaja Oyj's reports and management evaluations of the current state of the industry and developments in it
Helmut Kaiser Consulting (public material)
Finnish Association of Environmental Enterprises
Please note that the statements in this survey of the sector that relate to anything that has not as yet happened are simply our views of the future. They are based on the best evaluations by our management team and reliance on the information that is available at any one moment. As there is a degree of uncertainty about the views expressed, actual results may differ considerably from the results we now expect. Unforeseen circumstances or faulty assumptions may lead to our views of the future and statements concerning the results expected being very different from what the actual results are. Panostaja Oyj will not update or change its ideas about prospects for the future or the remarks it makes about them in the light of new information, or owing to some future event or for any other reason, except where it has a legal obligation so to do.
Links to information on the industry
Association of Environmental Enterprises: www.ymparistoyritykset.fi
Clean Tech Finland: www.ek.fi/ymparistofoorumi/fi/Cleantech_Finland_brand/Cleantech_Finland_brand.php
Copyright 2008 Panostaja Oyj