en.Wedoany.com Reported - On June 4, Finnish drilling consumables manufacturer Robit Oyj (Robit) announced that it has signed multiple supply agreements in several strategic mining markets, including Australia, North America, and South Africa, with total net sales estimated at approximately €7 million to €10 million (approximately $8.3 million to $11.9 million). The agreements cover drilling consumables and related technical solutions for customer mining operations, with initial deliveries scheduled to begin in the third quarter of 2026. Robit is a global specialist supplier of drilling consumables, with product lines covering top hammer, down-the-hole, and geotechnical drilling. The company operates production facilities in Finland, South Korea, and the United Kingdom, and distributes through a network spanning over 100 countries.
Founded in 1985 and headquartered in Finland, Robit is a global specialist supplier of drilling consumables, focusing on providing high-quality drilling solutions to the mining and construction markets. The company offers a full range of product lines covering top hammer, down-the-hole, and geotechnical drilling. It operates production facilities in Finland, South Korea, and the United Kingdom, maintains its own sales and service points in seven countries, and supplies drilling consumables to over 100 countries and regions through an active distribution network. Robit is listed on the Nasdaq Helsinki Stock Exchange under the ticker symbol ROBIT.
Mikko Kuusilehto, CEO of the Robit Group (appointed in August 2025, former CEO of Kusakoski Oy), stated: "We are very pleased to have signed these agreements, which strengthen our position in the global mining market. We are firmly committed to testing and validating product performance in our customers' demanding operating environments, which has already yielded tangible results for us in multiple market segments. These agreements reflect our customers' confidence in the quality and performance of our products, as well as our ability to create added value for their operations."
In fiscal year 2025, Robit's net sales were approximately €87 million, with a comparable EBIT margin of around 6.5% and a total workforce of approximately 390 employees. The signing of these multiple supply agreements further solidifies Robit's market position as a supplier of drilling technology and consumables to the global mining industry and supports the company's business growth in key strategic markets.
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