Pekka Vauramo Joins Normet Board

Helsinki, Finland, October 1st 2008

As of today, Mr Pekka Vauramo, the President of Kalmar Industries and the member of Cargotec Executive Board has been elected as a member of the Normet’s Board of Directors. Kalmar Industries is a global provider of container and heavy duty materials handling equipment. It has sales well over EUR 1 billion and is a business area of Cargotec Corporation. Before joining Kalmar last year, Pekka made a long and impressive career at Sandvik, where he served the last 2 years as the President of the Underground Hard Rock Mining division of Sandvik Mining and Construction (SMC) and a member of SMC management team.

“Pekka will be a great addition to our Board. He has a very long experience in global underground mining and construction equipment business, and we are extremely pleased to have his expertise available at Normet”, says Normet Chairman Aaro Cantell. “We believe that his experience in developing Tamrock/SMC into a large company and a global market leader in its business area is very valuable to us now that Normet is also on its way to expanding its operations globally. Pekka will surely add more dimension to our board discussions”, Cantell continues.

Pekka has graduated from Helsinki University of Technology with M.Sc.and with a major in Mining.


About Normet

Normet provides demanding solutions for selected customer processes in underground mining and tunnelling. Normet develops, manufactures and markets equipment and vehicles for mining and underground construction as well as provides a comprehensive range of life time care services around the equipment and the processes they are used for. Normet Group is the global market leader in its product areas. The company’s head office and factory are located in Iisalmi, Finland, with a combined space of 23,000 sqm. The Group's turnover in 2008 will total approximately EUR 120 million. Normet currently employs 420 employees.


Further information:

Aaro Cantell, Chairman of the Board
tel. +358 400 706 072
aaro.cantell@normet.fi