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Date: 2009-11-13
New significant contracts to TVAB.


TVAB International has been awarded a new long term contract for supply of large wire harnesses to a world leading manufacturer of construction equipment. This follows a recent large contract for complete harness system for a new fork lift program. These orders together with a large number of ongoing business negotiations indicates a continued successful business development for TVAB.

Per Axéll
CEO
Tel. + 46 70 570 3336



Date: 2009-03-16
TVAB has now fully implemented it's new CAE tool VeSys in Sweden and Poland.


The system enables accurate and efficient product and process design and is integrated with TVAB's ERP system as wells as machine managments systems. Recently a complete paperless product launch was successfully carried out in coopertion with a major international customer.

Per Axéll
CEO
Tel. + 46 70 570 3336



Date: 2008-10-23
TVAB and Bombardier deepens cooperation


TVAB has signed a LoI with Bombardier Transportation for the delivery of Driver Desks for 20 new trains for Swedish railroad.
Together with expected harness business for the same project the order will be worth €5 millions.
Production will start at TVAB Skänninge plant to later be transferred to TVAB Polska.

Per Axéll
CEO
Tel. + 46 70 570 3336



Date: 2008-10-23
TVAB International has qualified as one of the "Gasell companies"


We are proud to announce that TVAB International has qualified as one of the "Gasell companies" of the year 2008. Swedens largest business newspaper "Dagens Industri" every year award a number of growing companies the titel "Gasellföretag". This prestigious award means that the company is one of the fastest growing companies in Sweden. The criterias for the award is that a company has had a high (doubled turnover) and stable growth for at least four years, is profitable, has grown organically and has sound finances.

Per Axéll
CEO
Tel. + 46 70 570 3336



Date: 2008-10-09
TVAB International AB gives notice to 57 people in Sweden


TVAB International has today announced the intention to cease production at the Töcksfors plant. As a result notice will be given to 57 people at the plants in Töcksfors and Skänninge in Sweden. Negotiations with the union have started in accordance with Swedish labour regulation.

TVAB has during the past few years experienced a rapid sales growth and reached a turnover 2007 of € 29 million. The positive trend continued for the first part of 2008. Since a few months our customers have reduced their orders substantially. This unfortunate trend increased sharply the last few weeks, reflecting the dramatic slowdown of the world economy.

In order to safeguard the running business and the future progress of the company the management has decided to concentrate all manufacturing to TVAB’s main plant in Lodz, Poland. Headquarter and a reinforced customer focused sales and project organisation will remain in Sweden.

With these actions TVAB will considerably reduce costs, improve the competitiveness and secure a strong market position


Per Axéll
CEO
Tel. + 46 70 570 3336


Lennarth Wernvik
CFO
Tel. + 46 702 671 83



Date: 2008-09-17
New facility in Lodz, Poland is now completed


The construction of our new facility in Lodz, Poland is now completed. Internal infrastucture work and preparations for the move are ongoing. All operations will be moved to the new modern plant befor years end. With this new facility TVAB Polska will be able to offer top modern working environment and further improve manufacturing efficiency. The layout is planned in accordance with Lean manufacturing principles and there is space available for planned growth.


Per Axéll
CEO
Tel. + 46 070 570 3336

_____________________________________________________________________




Date: 2008-03-31

TVAB's new factory in Lodz, Poland, is taking shape.


“The construction is well on time and the planned move in August/September is feasible”, says TVAB Polska President, Mr. Gunnar Holmberg. With the new facility TVAB will introduce a new production lay-out according to “Lean Manufacturing” principles. With all activities on one floor and state-of-the-art equipment the skilled labour force will be given the possibility to further improve the operational performance.

Per Axéll
CEO
Tel. + 46 070 570 3336

_____________________________________________________________________

Date: 2008-03-03

New significant contracts to TVAB


We are glad to announce that TVAB International has recently been awarded several new important businesses.This includes complex engine harnesses, sophisticated electrical panels and new-developed electronic systems. Unfortunately we are unable to reveal the full description of these new advanced products until our customers have launched them on market. However, we feel proud that our efforts to provide high quality services and products is well appreciated by our prominent customers and is resulting in continuing success.

Per Axéll
CEO
Tel. + 46 070 570 3336

_____________________________________________________________________

Date: 2007-11-05
TVAB sales hit new records

TVAB is proud to note that sales during 2007 is steadily increasing. New businesses to current and new customers mean that we are outgrowing our facility in Lodz, Poland. TVAB Polska will therefore move into a brand new building in August 2008. "This move will allow us to streamline our operations and further improve efficiency" says Mr. Gunnar Holmberg, Managing Director at TVAB Polska.

Per Axéll
CEO
Tel. + 46 070 570 3336
_____________________________________________________________________

Date: 2007-05-11
New Managing Director at TVAB Polska.

Mr Gunnar Holmberg is replacing Mr Börje Liviken as Managing Director for TVAB Polska. Mr Holmberg has vast experience of leading positions in Sweden and Internationally. The operations at TVAB Polska have been growing very fast the last few years. The number of employees is short of 400 and the operation is in transfer from a manufacturing shop into a full service company. Mr Holmberg and his team are dedicated to take on the challenges ahead and we wish them the best of luck.

Per Axéll
CEO
Tel. + 46 070 570 3336





Date: 2007-04-20
TVAB Invests in more capacity

TVAB has placed orders for one additional ultram odern cut & crimp machine, two new cutting devices for tubes and 50 electronic testing devices with printers. All equipment is intended for our facility in Lodz, Poland. The increase in orders during this year has been above expectation as a result of our customer’s very good sales. We are currently struggling to satisfy the demand for our products and the investment in additional modern equipment is part of our programs to increase capacity and efficiency.


Per Axéll
CEO
Tel. + 46 070 570 3336





Date: 2007-01-30
Organisational changes at KA Wiking AB

Mr. Christer Alfredsson has resigned as managing director for KA Wiking to assume a similar position outside of TVAB Group. Mr. Alfredsson has been part of the group management since TVAB acquired KA Wiking in 2004. Much attention has been focused on coordinating the activities between the companies. During the fall 2006 decision was made to move the contracted production from Estonia to our own facility in Poland and to cut down of the production in Skänninge. Mr. Alfredsson has in a skilful manner led this extensive restructuring.

Mr. Alfredsson has now taken the decision to seek a career outside the TVAB Group and we wish him all the best. The period of employment at KA Wiking AB will end February 28.

Ms. Christina Nordh has been appointed as Plant Manager for KA Wiking. Ms. Nordh, with a vast experience in the company, is at present production manager and responsible for business area Railway.

The market organisation will be reinforced with additional resources. Our intention is to increase the service levels and clarity in communication. We will come back with more information on changes that may concern your operations.

We will be happy to answer any questions.

Per Axéll
Managing Director & CEO
Tel. + 46 070 570 3336

Christer Alfredsson

Tel. +46 070 664 1495



Date: 2006-11-03
Technical Manager at TVAB Sp.z.o.o.

I am glad to announce that Mr. Sören Rundin has accepted the assignment as Technical Manager at TVAB Sp.z.o.o.. Sören will begin his new assignement on December 1. 2006. I am sure that Sörens vast experience and know-how will greatly contribute to the progress of our business. We wish Sören good luck in his challenging new position.

Per Axéll
Managing Director TVAB Group
Telephone: +46 573 145 09
Mobile phone: +46 70 570 3336



Press release September 27, 2006

KA Wiking AB, part of the TVAB Group, restructures Skänninge operation.

The manufacturing is concentrated to the Polish operation and the administration to the head office. These measures are caused by local market drop and customer demands for low cost country production. KA Wiking AB will be transformed into a Market and Engineering organisation, targeting customers with complex technical products.
A notice has today been given to the Swedish Labour Market Administration concerning 46 employments. There are also 9 employees with time limited contracts affected by the notice. Labour union negotiations will start within short.

The TVAB-group manufactures wire harnesses for the transportation and engineering industries. The group includes TVAB Invest AB in Töcksfors, Sweden, KA Wiking in Skänninge, Sweden and TVAB Sp.z.o.o., in Lodz, Poland. Annual group sales are approx 30 million euros.

For further information please contact:
Christer Alfredsson
VD KA Wiking AB
Telephone: +46 142 299713
Mobile phone: +46 70 664 1495

Per Axéll
Managing Director TVAB Group
Telephone: +46 573 145 09
Mobile phone: +46 70 570 3336



Date: 2006-09-22
Offical opening Lodz, Poland

On September 20. TVAB held the official opening of the new premises in Lodz, Poland. The Vice President of the city of Lodz congratulated the TVAB team to the new modern facilities and handed over an official letter from the city, wishing the company a prosperous future. TVAB's CEO, Mr. Per Axéll gave a speech where he informed about the successful development of the TVAB Group, but also the challenges for the future. "It is all about people", Mr. Axéll said and expressed his and his partner Mr. Wernvik appreciation of the great job done by everybody at TVAB, Poland.

Many prominent guest were present including representatives of the most important customers, like Volvo Penta and Volvo CE. After the ceremony the guest were invited to a plant tour to inspect the new facilities and the new modern equipment recently installed. Appreciations and congratulations from customers and other partners encouraged the TVAB team to continue the work for new achievements.



Date: 2006-09-01
Information

KA Wiking, a member of the TVAB-group, is moving it’s manufacturing from Estonia to TVAB’s plant in Poland.

The TVAB-group manufactures wire harnesses for the transportation and engineering industries. The group includes TVAB Invest AB in Töcksfors, Sweden, KA Wiking in Skänninge, Sweden and TVAB Sp.z.o.o., in Lodz, Poland. Annual group sales is approx 30 million euros.

The production in Estonia is currently placed with a contract manufacturer. In conjunction with the expansion of TVAB’s operations in Poland all volume manufacturing will be concentrated here. The integration will result in significant efficiency improvement with regards to the flow of material and products and a better utilisation of machines and facilities. The move will be completed before the end of 2006 and require recruitment of approx. 35 people in Poland.

For further information please contact:
Christer Alfredsson, Managing Director, KA Wiking. phone. no.: +4670 664 1495
Per Axéll, Managing Director, TVAB-group. phone. no.: +4670 570 3336



Date: 2006-08-15
Common purchase organisation for the TVAB Group

Mr. Thor Fjugstad has been appointed Purchase Director for the TVAB Group. Thor has a long international carrier within purchasing including leading positions within Saab/GM, Electrolux och Lear Corporation.

Lead by Thor, the purchase organisation shall make sure that TVAB has the best suppliers (quality, service, price) for each sector and that there are programs in place for continues improvements. Component reduction, Standardisation and capital utilisation are prioritise areas.

Per Axéll
Managing Director



Date: 2006-08-15
New IT-organisation

Mr. Per Axelsson has been recruited as IT Manager to head the Groups IT-activities, Per is well-known at TVAB and comes from a position as project manager at Sys-Team. Per starts 15. september.

Lennarth Wernvik
Finance Director



Date: 2006-07-04
New board of directors

TVAB's new board of directors was constituted at the board meeting in June. The new external directors bring outstanding experience and knowledge of the global transportation and engineering industry that will contribute to TVAB's development and growth. The board of directors now consists of the following persons:

Anders Frisinger, Chairman
Birgitta Öjmertz
Ingar Jensen
Per Axéll, Managing Director
Lennarth Wernvik
Anna Moberg, employee representative
Börje Reinholdsson, employee representative



Date: 2006-07-03
Summer closing

Due to summer closing the TVAB Group will offer limited service week 28 and 31 and be completely closed week 29 and 30.



Date: 2006-07-03
TVAB invest in latest technology

In line with the strategy to further improve quality and flexibility for our customers, TVAB has invested in 4 new Cut & Crimp machines from Komax in Switzerland. The machines, Komax Alpha 355, is the latest state of art and allows for high productivity, superb quality control and flexible manufacturing. 3 machines are installed at TVAB in Poland and one at TVAB in Sweden. The machines will be fully operational during July 2006.

Link



Date: 2006-01-24
New owners to TVAB

Mr. Per Axéll and Mr. Lennarth Wernvik have acquired the TVAB Group from January 23. 2006.
Mr. Axéll and Mr. Wernvik both have long experience from the international automotive industry most recently at Autoliv Inc. and Lear Corporation respectively. At TVAB, Mr. Axéll will act as Managing Director and Mr. Wernvik as Director of Administration and Finance.

The TVAB Group is experiencing a very positive development with steady growth for old and new customers. The new owners will continue to build an international group to serve current and new customers on a global basis.



Date: 2005-10-31
Elmia Subcontractor

Visit TVAB at Elmia Subcontractor during 8 - 11 November.
We will be in stand A04:28.

Welcome.

Marketing dept.



Date: 2005-03-29
Summer Holiday
TVAB has the Summer Holiday during Weeks 28, 29, 30, 31.
We kindly ask all our customers to plan for this regarding delivery-plans, visits and other contacts.

From all of us to all of you, Have a nice summer.

Marketing dept.



Date: 2005-03-22
Volvo Powertrain D9 Penta Engine Supplier Day

TVAB participated in Volvo Powertrain D9 Penta Engine Supplier Day
-Lyon, France- March 22nd, 2005

TVAB have started deliveries to Renault VI Powertrain engine plant in Lyon, France.
TVAB supply the engine harness to the D9 Penta engine.

Tomas Magnusson Planning Engineer and Roger Björnson Business Manager participated from TVAB and met the responsible people from Production, Logistics and Quality dept.


Roger Björnson
Business Manager



Date: 2005-01-10
TVAB investing 10 MSEK in new technology

During the fall 2004 TVAB has been investing in new technology for IDC-connections. With this new machine, the only one in northern Europe certain kind of cable harnesses can be manufactured fully automatic.

By this investment we can achieve a degree of rationalization which means that even "simple" jobs could be kept in Sweden instead of being transfered to low cost countries.

The objective of TVAB is that by the use of rational methods and hi-tech equipment being able to compete even with low cost countries.

Pictures

Bengt Gustafsson

CEO



Date: 2004-09-01
TVAB acquires K.A. Wiking in Skänninge

September 1:st TVAB takes over the company KA Wiking in Skänninge. By this acquire the group of companies becomes one of Swedens biggest suppliers of cable harnesses.
The acquire also means that we becomes a complete systems supplier with the capacity to offer our customers services as project management, product development, construction and production of harnesses, as well as complete systems.

The group of companies will, after the acquire, have production units in Töcksfors Sweden, Skänninge Sweden and Lodz in Poland. In total the group of companies will employ approx. 370 persons. To fulfill the customers demands for a rational and cost effective production there is at the moment an ongoing investment program on a total of 20 million SEK in the Töcksfors factory, which will mean that we can offer new complete solutions to competitive prices.

After the acquire a cooperation will start with the Pars Group, former owner of KA Wiking, in order to obtain knowledge in areas such as sheet metal, mechanics and other fields of engineering outside our own area cable harnesses, electrics and electronics.

Bengt Gustafsson
CEO



Date: 2004-08-24
Increased co-operation with Volvo Penta

TVAB have a long co-operation with Volvo Penta on the Marina engines sector.

We are now very glad to the new contracts in the Industrial engine sector.

During the spring we started production for new D16. IND. engine.
We recently also got the contract for the new D12. IND. engine as well.
This production starts up in during the autumn.

Those contracts are very important for TVAB and will make Volvo Penta, TVABs largest customer.

Roger Björnson

Business Manager


TVAB International AB | Källhultsvängen 1A | SE-670 10 Töcksfors, Sweden | Phone +46 573 145 00 | Fax +46 573 145 07 | mail@tvab.se
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Updated: 090227