Thursday, October 23, 2008

Złomrex implements IFS Applications in companies belonging to the Group

Złomrex Group, a leading Polish supplier of scrap metal and manufacturer and distributor of metallurgical products, has successfully implemented IFS Applications. The system is already in operation in eight leading companies of the Group, whose combined revenues represent approx. 50% of the consolidated Group results: Złomrex S.A. and Złomrex Metal, Walcownia Bruzdowa (Shape Mill), Ferrostal Łabędy, Huta Stali Jakościowych (Quality Steelworks), Odlewnia Metali Szopienice (Metal Foundry) and in Centrostal Górnośląski. There are currently 700 IFS Applications users in total.

The solution implemented at Złomrex Group includes the following modules: IFS Financials, IFS Distribution, IFS Manufacturing, IFS Maintenance, IFS Human Resources, and IFS Payroll.

Currently, the implementation of IFS Applications is taking place in the distribution division of the Group. In the future, the distribution part of Voestalpine—the Austrian company that became part of Złomrex Group in 2007—will also consider implementing the system.

‘Our position in the Polish and European markets is very strong today. However, we are making every effort to improve it,’ said Przemysław Sztuczkowski, President of the Board of Złomrex S.A. ‘Implementation of an ERP system became necessary after we made acquisitions of a number of new companies. The solution provided by IFS will strengthen the competitiveness of our company and integrate all its business processes.’

Złomrex Group operates in three main areas—raw materials, manufacturing and distribution. IFS Applications is expected to integrate every part of the business’ operations.

‘We selected IFS Applications because of IFS’ strong references in the metallurgical sector. Our cooperation with IFS has been very effective. There is still plenty of work ahead of us, but we appreciate what we have already achieved. We are looking forward to the future and planning new implementations in other companies within the Group,’ says Dominik Barszcz, Chief Accountant at Złomrex S.A., in charge of implementing IT projects in the whole Group.

Important benefits of the implementation of IFS Applications include 
• integration of raw material, manufacturing, and distribution business operations,
• improved processes for document flow and processing,
• cohesion of data in all companies belonging to the Group,
• improved maintenance, repair, and overhaul management,
• allocation of responsibilities for individual processes in a geographically scattered organizational structure.

‘IFS Applications is characterized by flexibility and rich functionality. These qualities are appreciated by companies and capital groups that are developing dynamically on the Polish market. We are happy that Złomrex Group, a leading player in the metallurgical and metal industry sector in Poland, is using our system.’ says Marcin Taranek, CEO of IFS Poland.

About IFS

IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in 54 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,600 employees and net revenue in 2007 was SKr 2.4 billion.

Contact Information

Vice President Corporate Communications Oliver Pilgerstorfer

Phone: +44 1494 428900

Contact Oliver Pilgerstorfer

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer