Tomra

:"For the Tibetan village see Tomra, Tibet."Infobox Company
company_name = Tomra Systems ASA
company_
company_type = Public (ose|TOM)
foundation = 1971
location = Asker, Norway
key_people = Amund Skarholt (President and CEO), Jo Lunder (Chairman of the board)
area_served =
industry = Recycling
products = Reverse vending machines, collection and processing of used beverage containers, compactors, waste sorting technologies
revenue = NOK 3,490 million (2007)cite web |url=http://www.tomra.no/default.asp?FILE=items/385/125/AR2007ENGcomplete.pdf |title=Annual Report 2007 |publisher=Tomra |accessdate=2008-05-28]
operating_income = profit NOK 445.1 million (2007)
net_income = profit NOK 291.7 million (2007)
num_employees = 2,040 (2007)
parent =
subsid =
homepage = [http://www.tomra.no www.tomra.no]
intl = yes

Tomra Systems ASA is a Norwegian company producing, selling and operating reverse vending machines, used to sort and collect empty beverage containers for recycling.

The company was founded in 1972 by the brothers Petter and Tore Planke.

Reverse vending machines, or RVMs for short, are automated machines that utilize advanced technology to identify, sort, collect and process used beverage containers and crates. In most cases, RVMs are used in markets that have deposits on beverage containers, offering an efficient and convenient method of identifying the deposit amount of each container returned and providing a refund to the customer.

Tomra owns 65% of the market, however, there is some competition from other companies such as Envipco.

TOMRA currently has over 50,000 RVMs installed in 40 countries on four continents. In pursuing its mission of Helping the world recycle, TOMRA maintains a strong commitment throughout the organization to ensuring that its activities contribute positively to society and the environment. This commitment is reflected by the fact that TOMRA is listed on all major sustainability ratings and indexes, including Dow Jones and FTSE4Good.

The company headquarters are placed in Asker, Norway.Its ticker symbol is TOM on the Oslo Stock Exchange (OSEBX).

Competition

Tomra is the dominant supplier of RVM solutions, with 90% market share. Nevertheless, there is some competition from:
* [http://www.repant.com Repant ASA]
* [http://www.reversevending.co.uk Reverse Vending Corporation]
* Wincor Nixdorf
* [http://www.envipco.com Envipco]

References

External links

* [http://www.tomra.no Official TOMRA homepage]
* [http://finance.yahoo.com/q?s=TOM.OL Stock summary from Yahoo Finance]