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Production economics assignment 1. Serres Oy. Group 6 Christian Östman Kenneth Oldenburg Mikael Hellman. The Company. Finnish company that manufactures healthcare and HVAC products Founded in 1973 by Erkki Jyllilä Has its headquarter and factory in Kauhajoki , Finland
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Production economics assignment 1 SerresOy Group 6 Christian Östman Kenneth Oldenburg Mikael Hellman
The Company • Finnish company that manufactures healthcare and HVAC products • Founded in 1973 by ErkkiJyllilä • Has its headquarter and factory in Kauhajoki, Finland • 110 employees (2008)
The company • limited liability company • Owned by the Jyllilä family • 842 shares issued- share capital 8420 € • Is not listed on any stock exchange
Products • Two brands- Serres(hospital division) and Vieser(HVAC) • Serres- Suction bag systems and suction tubes - Market leader in Scandinavia- Number 2 in Europe - No 1 manufacturer in Europe - 90 % export • Vieser- HVAC (heating, ventilation, air condition) solutions, water traps, grating and floor drains - Scandinavia, 20 % export
Products Hospital products HVAC products
Numbers • sales revenue of 14.6 mill. € in year 2007 and 19 mill. in 2009 • Steady growth since year1973
Own reflections • Environmental facts couldn't be found by company • We think this company could offer a good employment • It would be an Ok investment but as it’s not listed on any stock exchange and the Jyllilä family owns the shares it might be pretty impossible to buy any
Production economics assignment 1 Thank you for listening…. questions?