Elomatic is strengthening its focus on benefitting from industrial design in 2017. Design company Vesavisio and Elomatic have entered into a framework agreement that places new industrial design resources at Elomatic’s disposal to support existing in-house industrial design expertise.
Elomatic has bolstered its consulting and engineering services for mechanical engineering by acquiring the entire share capital of Afore Consulting Oy on 3.2.2017.
Elomatic’s turnover grew by 6% in 2016 to a record 55 million euros. The Elomatic Group hired almost 100 new employees during the financial year. The outlook for the company is positive and almost 12% growth is predicted for 2017, with turnover set to peak at 61 million euros.
In the autumn of 2016 the Finnish Boarder Guard took an updated version of the Elomatic’s EloWise Ship Life Cycle Management system into use. The system is used for maintenance and technical data administration of the offshore patrol vessels Turva, Tursas and Uisko.
Elomatic’s FORMIOT data analysis service assists customers to optimize the profitability and competitiveness of production lines and equipment. In order to process this information Elomatic has acquired the Savcor Wedge process diagnostics tool.
Elomatic Oy’s and Gaia Consulting Oy’s Virgin Island entry was awarded joint first prize in the Clean Vallisaari innovation competition in Helsinki on 1.9.2016.
Elomatic Ltd and Deltamarin Ltd have signed a large scale tri-party engineering contract with MV Werften in Germany for the design of a Global Class mega passenger ship. The contract was signed by all parties on 28 July 2016 and includes large parts of the basic and detailed design of the vessel. The contract is the largest in both Elomatic’s and Deltamarin’s histories and in total represents 860 man-years. The contract value has not been disclosed.
Elomatic is supporting Meyer Turku Oy in planning and implementing the shipyard’s production related investment and development projects. The shipyard is utilising Elomatic’s expertise in the specification of new production methods and investments as well as in the investment procurement.
Elomatic Group’s turnover for the 2015 financial year increased by almost 15% to 52 million euros, which is a new record level. At the same time its number of employees jumped to near 800. The company aims to increase its turnover to 200 million euros by the end of 2020. Developing and new emerging markets are central to the company’s growth strategy and in 2015, among others, Elomatic signed two pharmaceutical industry deals in Iran.