Tomra

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Tomra Systems ASA
TypeAllmennaksjeselskap
Traded asOSE: TOM
IndustryRecycling
Founded1972[1]
HeadquartersAsker, Norway
Key peopleStefan Ranstrand (President and CEO), Svein Rennemo (Chairman)
ProductsReverse vending machines, collection and processing of used beverage containers, compactors, and sensor-based sorting equipment for recycling, mining and food processing purposes
RevenueNOK 4.073 billion (2012)[2]
Total assetsNOK 5.159 billion (end 2012)[2]
Total equityNOK 2.283 billion (end 2012)[2]
Employees2,194 (end 2012)[2]
Websitetomra.com
 
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For the Tibetan village see Tomra, Tibet.
Tomra Systems ASA
TypeAllmennaksjeselskap
Traded asOSE: TOM
IndustryRecycling
Founded1972[1]
HeadquartersAsker, Norway
Key peopleStefan Ranstrand (President and CEO), Svein Rennemo (Chairman)
ProductsReverse vending machines, collection and processing of used beverage containers, compactors, and sensor-based sorting equipment for recycling, mining and food processing purposes
RevenueNOK 4.073 billion (2012)[2]
Total assetsNOK 5.159 billion (end 2012)[2]
Total equityNOK 2.283 billion (end 2012)[2]
Employees2,194 (end 2012)[2]
Websitetomra.com

Tomra Systems ASA is a Norwegian multinational corporation which creates sensor-based solutions for optimal resource productivity. The company’s products and services fall within two main business areas: Collection Solutions (including the business streams reverse vending, compaction, and material recovery) and Sorting Solutions (including the business streams recycling, mining and food).[3]

TOMRA is listed on the Oslo Stock Exchange (OSEBX) under the ticker symbol TOM. The parent company, Tomra Systems ASA, is headquartered in Asker, Norway, with central departments located in Koblenz, Germany and Shelton, Connecticut. Some key Collection Solution markets are Germany, the USA and the Nordic countries. The sorting solutions business is growing globally, particularly in emerging markets in Asia and Latin America.

History[edit]

A Tomra RVM (Reverse Vending Machine) in an Aldi supermarket.
A Tomra T-820 BC (Bottle and Crate) RVM (Reverse Vending Machine).

TOMRA was founded by the two brothers Tore and Petter Planke in 1972. It started out with the design, manufacturing and sale of reverse vending machines (RVMs) for automated collection of used beverage containers.[3] Currently this portion of the company’s business contributes approximately 55 percent of TOMRA’s annual operating revenues.[4] With over 67,000 reverse vending systems installed worldwide, TOMRA is the leading provider in the industry.[3]

TOMRA's sensor-based sorting technology business was first established in 2004 with the acquisition of TITECH, a leading provider of optical recognition and sorting technology.

With the acquisition of Orwak in 2005, TOMRA established itself as a global leader in compaction and baling solutions with an installed base of more than 67,000 balers worldwide. The Orwak product line includes a comprehensive range of waste compactors, baling systems and "Brickman" briquette presses for recyclable materials.[5]

TOMRA's material recovery business includes the pick-up, transportation, and processing of used beverage containers in North America, as well as the operation of a network of collection sites in the US. Approximately 400 TOMRA employees are involved with these activities, which in 2011 contributed to about 15 percent of the company’s total operating revenues.[4]

The sorting solution business area subsequently expanded with the acquisitions of CommoDas (2006), UltraSort (2008), Odenberg (2011) and BEST (2012). TOMRA has organized these activities into the business area TOMRA Sorting Solutions, which is further segmented into three business streams: recycling, mining and food. The recycling business is represented by TITECH, mining by CommodasUltrasort (Commodas and Ultrasort merged into one company in 2010), and food by Odenberg and BEST.[6][7] The TOMRA Sorting Solutions business area contributed approximately 25 percent of TOMRA’s operating revenues in 2011.[4]

See also[edit]

References[edit]

  1. ^ "Tomra in brief". Tomra Systems ASA. Retrieved 23 August 2010. 
  2. ^ a b c d "TOMRA Annual Report 2012". TOMRA. Retrieved 19 April 2013. 
  3. ^ a b c TOMRA in Brief http://www.tomra.com/default.asp?V_ITEM_ID=422
  4. ^ a b c TOMRA Investor Presentation http://hugin.info/162/R/1606200/509061.pdf
  5. ^ Collection Solutions, Compaction http://www.tomra.com/default.asp?V_ITEM_ID=1273
  6. ^ "TOMRA 40-year timeline" video http://www.youtube.com/watch?v=TqbdA2pYKt4&list=PL10ED2C5E8FCF52C0&index=1&feature=plpp_video
  7. ^ "Expanding our footprint in the food sorting universe" presentation http://hugin.info/162/R/1616566/515619.pdf

External links[edit]

Coordinates: 59°49′30.22″N 10°23′57.69″E / 59.8250611°N 10.3993583°E / 59.8250611; 10.3993583