Page 28 - KWH Annual review 2017

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M. Rauanheimo — Kokkola, Hamina-Kotka, Helsinki and Pori
Rauanheimo’s operations consists of stevedoring, freight forwarding and customs clearance at the ports of Kokkola, Vuosaari, Tahkoluoto,
Hamina and Kotka.
Rauanheimo reports a year of solid growth and excellent pro tability. The favourable pro tability trend that the company has shown over the past ten years has generated possibilities for further growth and additional acquisitions in growth areas.
The new operation at the port of Vuosaari is now fully operational and performing above expectations. Growth in 2017 was largely due to iron ore from Russia and new goods ows in the port of Vuosaari.
A number of new agreements were signed
during the year, which further strengthen the opportunities for growth over the next few years. These included an agreement for the provision of logistics solutions at the port of Tahkoluoto.
A new agreement was also signed with the forestry industry relating to the handling of timber and cellulose through the port of Vuosaari in Helsinki.
The ow of goods from Russia via the port
of Kokkola increased by around 22%. At the beginning of the year, railway transports from Russia to Kokkola and Raahe commenced. To facilitate development in Russia, a new of ce was opened in central Moscow.
The operating pro t for 2018 is expected to exceed the outcome for 2017. The base of the operation will continue to consist primarily in handling products to and from local industrial
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