Tomra

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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. 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 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).

Image:Tomra.jpg

[edit] Competition

Tomra is the dominant supplier of RVM solutions, with 90% market share. Nevertheless, there is some competition from:

[edit] External links


Coordinates: 59°49′30.22″N, 10°23′57.69″E