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Tomra
1.46%
Machinery & equipment / Reverse vending machines
At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebTomra is a Norwegian company that specializes in the manufacturing and development of automated waste management systems. The company was founded in 1972 and is headquartered in Asker, Norway. Tomra provides technology and solutions for the collection and recycling of a wide range of materials including plastic, cardboard, aluminum, and glass. The company’s core products include reverse vending machines, sorting machines, and compaction systems.
Tomra has a global presence with operations in over 80 countries. The company has approximately 4,500 employees and reported revenues of 9.3 billion NOK in 2020. Tomra is listed on the Oslo Stock Exchange and has been recognized for its sustainable business practices and contributions to the circular economy.
Tomra’s mission is to create a more sustainable world by providing innovative solutions for efficient and effective waste management. The company’s vision is to be a leader in the circular economy and to enable its customers to contribute to a healthier and more sustainable planet.
As a leader in the waste management industry, Tomra is committed to continuously improving and developing new technologies and solutions to meet the evolving needs of its customers and the environment. The company is also actively involved in partnerships and collaborations with governments, businesses, and organizations to promote sustainable waste management practices around the world.
Tomra is a global leader in innovative sensor-based sorting solutions, providing the technology to optimize resource productivity. The company has been dedicated to creating sustainable solutions for recycling, food, mining, and other industries for over 45 years. They use advanced technology, such as artificial intelligence and data analytics, to help customers improve efficiency, reduce waste, and increase sustainability. Additionally, Tomra has a strong commitment to environmental and social responsibility, with initiatives focused on circular economy, diversity and inclusion, and sustainable development.
Tomra is a multinational company that specializes in providing waste and resource management solutions. Their business model revolves around developing innovative technology and providing services that help companies and communities optimize resources, reduce waste, and increase profitability.
Their business model consists of three main components:
1. Technology development and sales: Tomra invests heavily in research and development to design and manufacture advanced recycling and sorting systems. They sell these systems to businesses and governments to help them improve their waste management processes.
2. Recycling and waste management services: Tomra also offers services such as waste collection, recycling, and landfill management to help companies and communities effectively manage their waste. This includes providing waste collection and transportation, as well as operating and maintaining recycling facilities.
3. Revenue sharing agreements: Tomra also implements revenue-sharing agreements with their clients, where they receive a percentage of the profits generated from the recycled materials. This incentivizes clients to recycle more and ensures a steady stream of revenue for Tomra.
Overall, Tomra’s business model focuses on leveraging technology and services to help their clients minimize waste, reduce costs, and increase revenue. They also aim to promote sustainability and create a circular economy by diverting waste from landfills through recycling and resource recovery.
1. Tomra is a Norwegian company that was founded in 1972 to develop a method for automated reverse vending machines for used beverage containers.
2. The name Tomra is derived from the Norwegian words TOM (empty) and return (as in returning a bottle for recycling).
3. The company’s first reverse vending machine was installed at a grocery store in Asker, Norway, in 1972.
4. Tomra’s technology helped to revolutionize the recycling industry by making it easier and more convenient to recycle beverage containers.
5. In addition to reverse vending machines, Tomra also develops and produces sensor-based sorting solutions for the food, recycling, and mining industries.
6. The company has over 90,000 installations in more than 80 countries worldwide, serving over 25 different industries.
7. Tomra’s reverse vending machines can handle a wide variety of materials, including plastic bottles, metal cans, and glass bottles.
8. The company has been awarded several patents for its advanced sensor-based technologies, including its Near-Infrared Sorting System and its TOMRA Flow Technology.
9. Tomra is committed to sustainability and has set a goal to collect and recycle one billion more plastic bottles every year by 2025.
10. In addition to its focus on recycling and sustainability, Tomra also supports various charitable and philanthropic initiatives, including education and humanitarian aid programs.