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Brokk AB _________________________________________________________________________________ Brokk AB: SWOT Analysis & Company Profile Reference code: CN0089CP Published: Jan 2011 Business Review John Carpenter House 7 Carmelite Street London EC4Y 0BS United Kingdom Tel: +44 (0) 20 7936 6400 Fax: +44 (0) 20 7336 6813 ___________________________________________________________________________________________ Brokk AB - SWOT Profile Page 1 Brokk AB __________________________________________________________________________________________ Brokk AB - Company Overview Brokk AB (Brokk) is engaged in manufacturing and marketing of remote controlled demolition machines. It caters to construction, tunneling process, cement, mining and nuclear industries in Sweden and Internationally. The company is a wholly owned subsidiary of the Investment company, Lifco Group. The company also designs and manufactures custom machines with specialized features. Brokk provides attachments that can be incorporated into existing machines for different applications like in-built equipments such as camera, long arm, side angling device, and cable drum. Further, it also offers project solutions and design, mock-up, commissioning and final test, and operator and maintenance training. The company’s manufactured remote controlled demolition robots are used by various industries across the globe including nuclear, construction, cement and process. Brokk machines are also involved in handling nuclear waste, soft demolition, separation, sorting, drilling, stripping linings and metal production process. Brokk operates through its subsidiary companies in the US, UK, China, Australia, and Germany and through distributors in Spain and Russia. The company is headquartered in Skelleftea, Sweden. Brokk AB - Key Facts Brokk AB, Key Facts PO Box 730, Skelleftea, , 931 Ticker Symbol, Stock Corporate Address: 27, Sweden N/A Exchange Telephone + 46 910 711800 No. of Employees N/A Fax + 46 910 711811 Financial Year End N/A URL www.brokk.com Industry Nuclear Energy , Construction Locations Australia, China, Germany, Sweden, United Kingdom, United States Source: Annual Report, Company Website, Primary and Secondary Research ___________________________________________________________________________________________ Brokk AB - SWOT Profile Page 2 Brokk AB __________________________________________________________________________________________ Brokk AB - Business Description Brokk AB (Brokk) is one of the leading manufacturers and suppliers of remote controlled demolition machines. The company was founded in 1982 and it operates as a subsidiary of the investment company, Lifco Group. The product family of the company comprises small models to very powerful machines. They include Brokk 50 - smallest demolition robot; Brokk 90 - versatile demolition tool; Brokk 180 - compact, all-round machine; Brokk 260 - all round tool for general demolition; and Brokk 400 - the largest machine and the most powerful demolition robot in the product portfolio. The company also designs and manufactures custom machines with specialized features. Brokk machines can be fitted with a wide selection of attachments available, such as breakers, concrete crushers, steel shears, buckets, scabblers, grapples, hammers, shears, loader buckets and other equipment. In addition, the company also offers project solutions and design, mock-up, commissioning and final test, and operator and maintenance training. The distinguishing features of company's products are include Remote control - operated from a portable cable or wireless control box; Electric-hydraulic operation – no exhaust fumes, low noise levels; Compact power – small dimensions, lightweight but strong; Flexibility – can be equipped with many different attachments; Productivity - outstanding hitting power, less repositioning, accurate operation; and Accessibility - works in confined spaces, enters narrow openings, climbs stairs and over rubble. The company's products are used worldwide across various industries such as construction, processing, cement and nuclear. In the construction field, the electrically driven machine when equipped with crusher can work during business hours also where there are stringent noise restrictions, and with much less dust and vibration than traditional methods. In the Process industry, the company's machines find applications like cleaning and debricking of furnaces, ladles, runners, and torpedo cars. Further, the remote operation of the machine allows work in high temperatures and if conditions are extreme, the machine can be equipped to withstand very hot environments. Brokk machines quickly and safely cleans cement kilns and demolishes brick linings. Brokk's machines are used in civilian and military nuclear plants worldwide for the demolition and dismantling of nuclear power reactors and other nuclear facilities. The machines also remove, sort, and containerize radioactive waste and other risky and labor intensive operations. The machines are also used as a mobile or stationary handling robot where there are rigorous safety regulations for workers. The remote operation of the machine reduces radiation exposure levels while increasing productivity and accelerating schedules. In addition, Brokk technology has been brought to a very advanced level, enabling camera operation with remote video console. Brokk's products are marketed, sold and serviced through a global network of subsidiaries, distributors and agents. The company's subsidiaries include Brokk Inc. in the US; Brokk UK Limited in the UK; Darda GmbH, Germany; and Brokk Australia Pty. Ltd., Australia. The company acquired ATC BTP industries, its distributor in France. Brokk AB signed a new distributor agreement with Pentruder Norway AS. In 2010, Brokk AB opened a new office in Italy, Brokk Italia, S.r.l which serves as its sales company. During the same year, the company strengthened its position in Australia by acquiring Brokk Australia and Kiwi Operations Downunder Pty Ltd. ___________________________________________________________________________________________ Brokk AB - SWOT Profile Page 3 Brokk AB ________________________
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