EoW January 2013

News Corporate

▲ ▲ The outside of Flymca and Flyro’s new site

New plant will raise production

Flymca and Flyro has opened its new plant. The site includes new manufacturing facilities for the production of new rotating machinery as well as a stock of used equipment. With a total ground area of 5,000m 2 and also new offices, the company will be able to reach a much higher production capacity of high quality machinery. Deeply involved in submarine, umbilical and off-shore rotating cable machinery either for power cables and steel ropes, the company still also produces its standard range of stranders such as rigid, tubular, skip, planetary, drum twister, bow cabler and double twist bunchers. New credit facility for Componenta Componenta has signed a new syndicated credit facility of €90m. The facility, valid until 30 th June 2015, replaces the group’s present credit facility. The new financing arrangement will clarify and stabilise Componenta’s financing as is based on financing arrangement provided by three Nordic banks. In the new credit facility Nordea Bank Finland Plc, Pohjola Bank Plc and Swedbank AB (publ.) are participating as lenders for €90mn and Finnvera Plc as guarantor for €15mn. Componenta Corporation – Finland Website : www.componenta.com Flymca and Flyro – Spain Website : www.flymca.com

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January 2013