Lamor sets up manufacturing in Russia

LAMOR SIGNS MEMORANDUM OF UNDERSTANDING WITH ITS RUSSIAN PARTNER TO START PRODUCTION OF OIL SPILL RESPONSE EQUIPMENT IN RUSSIA

Porvoo, Finland – May 22, 2009 – Lamor Corporation, a world leader in oil spill response with its headquarters in Finland, will start manufacturing oil spill response equipment in Russia, together with its long-time Russian partner Ecoshelf-Baltic Ltd. Ecoshelf-Baltic is a well known, certified salvage and rescue organization specializing in oil spill response. The company also supplies oil recovery equipment to companies involved in extraction and transportation of oil.

• Lamor oil spill response equipment has been used in the Siberian oil fields for many years. This ongoing utilization has proven to be excellent for testing and developing our products to become state-of-the-art world leaders within oil spill response technology, says Nikolai Kildishov, Vice President of Lamor Group.
• Now is the right time to take our equipment and return with it back to its roots in Russia, where it was originally developed, continues Kildishov, and points out that Ecoshelf-Baltic has already manufactured high-quality special parts for Lamor during several years.
• We have been very pleased with quality of the products manufactured by Ecoshelf-Baltic as well as with the overall performance of the company, making this decision an easy one, adds Kildishov.

The Memorandum of Understanding between Lamor Corporation and Ecoshelf-Baltic was signed April 16, 2009. A full-scale manufacturing plan will be completed this summer. The production will comprise of Lamor’s wide product range, including oil spill response equipment, such as skimmers, power packs, pumps etc., as well as work boats.

The production facilities are located in St. Petersburg, only approximately 300 km from Lamor’s headquarters in Finland, where the production and logistics centre is located, within easy reach of Lamor’s technology venture team, including design engineers and quality controllers.

For additional information, please contact:

Mr. Nikolai Kildishov, Vice President Lamor Group, tel: +358 400 991192,
email: nikolai.kildishov@lamor.fi
Nico Larsen, President & CEO Lamor Group, tel: +358 40 517 7920, email: nico.larsen@lamor.fi

Lamor is a leading provider of innovative oil spill response solutions. With more than 27 years of experience in oil spill response technologies, we focus on customized solutions for the best response operations available. Our sales office network covers the globe with production facilities in Finland, Russia, USA and Asia. We are committed to finding new solutions to protect the environment from oil spills and to leading the way in ‘smart solutions to pollution’.     
Lamor employs approx 80 people. Our production network is worldwide and employs an estimated 200persons. Operations in Finland include the head office (sales, marketing, administration) and main production and logistics centre. Learn more about us at www.lamor.com

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