HANZA expands its cooperation with Saab

May 5, 2017

HANZA Holding AB (publ), listed on First North Premier, has received orders for communications equipment from the Defense and Security company Saab with delivery in 2017.

HANZA has signed another production agreement with Saab, which develops world-leading products for military defense and civil security. The agreement includes the production of computer products to the international market and has a total order value of approximately 16 MSEK. Delivery is scheduled for summer 2017 and production will take place in HANZA’s manufacturing cluster in Årjäng.

“We have a clear focus on Security of Supply and see that HANZA meets both our quality and commitment levels,” said Niclas Lövgren, Head of Vehicle Systems, Saab.

“We are proud that Saab gives us the confidence to deepen cooperation through another order for complete products for tough environments,” says Erik Stenfors, CEO of HANZA. “Saab sets high standards and the agreement is proof of the strength of our business model.”

The information in this press release is such that HANZA must disclose it in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.45 am (CET), May 5, 2017. Erik Penser Bankaktiebolag is the company’s certified adviser.

Important information
This press release may contain certain forward-looking statements that reflect HANZA’s current views of future events and financial and operational performance. Words such as “intends”, “anticipates”, “expects”, “may”, “plan “, “anticipate” or similar expressions regarding indications or predictions of future developments or trends, and are not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements are not guarantees regarding future results or developments and actual results may differ materially from those set forth in forward-looking information.

About HANZA:

HANZA is a fast growing industrial business partner within manufacturing. The company offers a unique combination of advisory services and tailormade manufacturing solutions that increases growth and profitability for its customers. HANZA was founded in 2008 and has grown into a billion SEK company. The Company currently operates in Sweden, Finland, Estonia, Poland, Czech Republic and China. Among HANZA’s clients there are leading industrial companies such as Kone, Konecranes, Atlas Copco, ABB and Saab Defense.

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