1.4.2010

Tulikivi Oyj

• Listed family enterprise

• Business areas: fireplaces and natural stone products

• Turnover: EUR 53.1 million

• Personnel: about 500

• 6 production facilities: 2 in Juuka, Suomussalmi, Taivassalo, Espoo and Heinävesi

• Head office in Juuka, North Karelia, Finland

• Parent company of the corporation: Tulikivi Oyj

Tulikivi Corporation

2007 Merger of Kermansavi Oy with Tulikivi Oyj2006 Purchase of Kermansavi Oy2004 Tulikivi finds a remarkable new soapstone deposit in Juuka2003 Purchase of Kivia Oy2003 Merger of Tulikivi Rakennuskivet Oy with Tulikivi Oyj2002 Merger of Mittakivi Oy, Kiantastone Oy and Tulipuu Oy with Tulikivi Oyj2000 Founding of Tulikivi Rakennuskivet Oy through business acquisitions1999 Founding of Suomussalmi factory (Kiantastone Oy), Tulikivi 20 years1994 Tulikivi listed in the Helsinki Stock Exchange1988 First model range for export1987 Mittakivi Oy (custom fireplace factory) was founded as daughter company of Tulikivi1979 Reijo Vauhkonen bought the capital stock of Suomen Vuolukivi Oy

End of 1800: Quarrying is active in the village of Nunnanlahti inJuuka. Soapstone fireplaces were exported eg. to St.Petersburg.

History of Tulikivi

Tulikivi factory

Production units

Sales

ExportsFinland

• Tulikivi’s manufacturing processes and products and their life cycles appeal to environmentally conscious consumers who use the products as primary and secondary heating sources, for interior decoration and for creating a comfortable atmosphere.

• Our focus is on finished consumer products but we also provide consumers with tailor-made solutions. We sell lining stones to important European heating-appliance manufacturers and supply customers in Finland and Scandinavia with building stones through business-to-business deals.

• Three product groups

Customer Pledge and Procedures

Product Group Tulikivi Heating & Environment

• For customers living in towns or the countryside who are building or renovating their home

• Also for second homes and summer cottages

• These customers are interested in the environment, energy and economic efficiency, and comfortable heat

Product Group Tulikivi Heating & Environment

• Heat-retaining Tulikivi and Kermansavi fireplaces and fireplace/bake ovens

• Available in all Tulikivi’s market areas

Product Group Tulikivi Interior & Design

• For customers living in towns or the suburbs who are building or renovating their home

• These customers are interested in aesthetic design, durability, comfortable heat and the environment

• Interior decoration fireplaces under the Tulikivi and Kermansavi brands, surface materials natural stones and ceramics

• Available in all Tulikivi’s market areas

Product Group Tulikivi Interior & Design

• Tulikivi interior decoration stones

• On sale in Finland

Product Group Tulikivi Cooking

• For customers living in towns or the countryside who love cooking and/or are owners of fireplaces

• These customers are interested in cooking, practicality and durability

• Tulikivi and Kermansavi bake ovens and stoves, Kermansavi utility ceramics

• Main market area is Finland

Sales% By Country 2009Finland

France

Germany

Belgium

Sweden

Russia

Austria

USA

SwitzerlandItaly

Others

Denmark

Other countries: Estonia, Ukraine, Norway, Lithuania, The Netherlands, Romania, Spain, Bulgaria, Slovenia

Introduction to soapstone production

Sawing with chain sawsHeight of the line about 2m

Removing of blocks

Cutting of the blocks to a size suitable for the production

Cutting of the blocks

Blocks sawn to smaller piecesA block is sawn at right angle against grain

Gang saw

Blocks are sawn into slabs along the grain

Block-cutter

A block is sawn along the grain into a slab. The ends of the slabs will be cut, their thickness and width will be calibrated, surface will be matt finished, they will be bevelled and cut into certain lengths

Production line

Computer controlledA robot cuts preshaped stones

Waterjet cutting

Allows different shaped objects with rounded edges to be made

CNC machine

Bevelling, polishing and quality controlWork is done with grinders and bevelling machines that operate with compressed air

Finishing

Finally the products are packed in enduring transport packagesA fireplace package includes doors and assembly materials

Transport package

Tulikivi Oyj83900 JUUKAwww.tulikivi.com

Thank you!