Current demand for the products and services
supplied out of Tomra Systems OY is not sufficient to
support a completely separate R&D and manufacturing unit,
and the plan is therefore to incorporate these products
into TOMRA`s R&D and assembly units in Norway.
The restructuring plan is expected to generate annual
operating cost savings of 25-30 MNOK, and TOMRA will accrue
35 MNOK in the fourth quarter 2003 to cover the
restructuring costs estimated in the plan.