The history of the ULMA Group rests on a culture of corporate values. The Group is already part of the future. It’s at the forefront of technology and optimised, state-of-the-ar t work processes.

Today, ULMA is one of the largest business groups in northern Spain, with nearly fifty years in the market and a clear commitment to innovation, employment and added value.

ULMA is a young, dynamic, innovative business group committed to its people and its surroundings. ULMA is a people-based project. It’s a modern, professional organisation that has opened out to an increasingly globalised world.

building emotions

Our beginnings are closely tied to the Mondragón Cooperative Experience. The ULMA Group is now a Division of the Industrial Group of the Mondragón Corporación Cooperativa (MCC), the largest business group in the Basque Country and one of the largest in Spain. It is thanks to this that ULMA benefits from all the advantages of having started up and grown in a setting of creative new ways to implement education, training, research and social provision.

socially committe

spirit

ULMA seeks to build an international group that adapts to the culture of each market and country. Our attitude is open and receptive to everyone who works with us. We want to direct our efforts towards a new concept of the world by fostering sustainable advantages through proactive management of all our foreign operations. Our forward-looking internationalisation project aims to maximise competitiveness so as to respond effectively to an increasingly global market.

universal outlook

International opportunities for growth spring from looking closely at special local features. Our strategy seeks to optimise business practices and adapt them to the widely different foreign markets we operate in. Navigating the flows of world information and intelligence is key to gaining a competitive foothold in the new millennium. The world stage is now our natural market.

Generating a wealth of different ideas, thinking differently and imagining the best solutions are the linchpins of the ULMA Group’s innovation dynamics. At ULMA, we view innovation as a value that underlies all Group activities. We seek to encourage a work environment that supports personal initiative as an engine of change. We build settings that encourage knowledge-sharing and develop environments like the new ULMA Group technology centres to promote creativity in our teams and people.

ideas and imaginatio

To be innovative we need to be receptive, dynamic and flexible. Innovation creates the knowledge assets on which our whole enterprise rests. Our promotion policy therefore aims to create new jobs and wealth in our host community. An example are the Group’s recent promotion initiatives to develop, manufacture and install transportation and storage systems for internal flows in the fresh food sector and the integral solutions based on Information Systems for the logistics chain. Both have been recently created.

To advance towards a more sustainable development model, at ULMA we are committed to creating sustainable value for the environments in which we operate. We want to help build a fairer, healthier and more prosperous community for both present and future generations. Our corporate strategy rests on a principle of harmonising economic success and social prosperity with environmental value.

We pursue our commitment to sustainability through the ULMA Foundation, an expression of our corporate social responsibility. We want to contribute to the community in which we do business. For the people who work at ULMA, progress means meeting our commitments to everyone who has a stake in our corporate activity.

life

The ULMA Group comprises four cooperative partnerships; its business is divided into strategic business units. Our organisational model is based on diversified, independent businesses that share a common mission, general policies and management strategy to draw our enterprise together into a coherent whole.

The Group’s organisational structure is designed to aid the development of our businesses while laying down a clear, flexible and adaptable framework for both our present concerns and potential business projects.

cooperation and c

Our model therefore seeks to go beyond a narrow vision of businesses and cooperatives to take forward the common project that the ULMA Group represents. The model is built on our desire to join forces and constantly renew our commitment to sharing this common future.

mmitment

ULMA has achieved rapid growth, reflecting the potential and capability of a major business project which has doubled its sales volume over the past few years.

sustainable develo

2003 20042003 2004 2005 2006

• Millions of euros

122 156

365 430

508625

TOTAL SALES INTERNATION

ment

This powerful expansion and progress was significantly aided by our current process of internationalisation. Sales in foreign markets now account for close to 50% of total sales.

2005 2006 2003 2004 2005 2006

211

2702.631

2.865

3.094

3.400

AVERAGE NUMBER OF EMPLOYEESLES

Patxi Axpe: Technical Manager

ULMA Agrícola manufactures and sells structures and systems for

greenhouse cultivation. Our tunnel and multispan greenhouse lines are

equipped with the latest climate control, data capture and automation

technologies. We offer turnkey solutions based on integrated engineering,

aimed mostly at the agriculture and livestock sectors.

greenhouses

ULMA Agrícola specialises in technologies and equipment for a very wide range of agricultural and livestock activities and applications: nurseries, seed farms, warehouses, industrial buildings, catering, drying and curing facilities, aquaculture facilities, flower cultivation, and more. We always aim to provide a tailored, intelligent solution.

We offer our customers an integrated response underpinned by our own manufacturing know-how and in-depth familiarity with the sector. First we identify the customer’s needs and expectations; then we find the best greenhouse production system, equipped with automatic irrigation, fertilisation, temperature-control, humidification or any other climate features required. ULMA Agrícola wants to give producers the technology they need to face the challenges of the future.

smart greenhouses

Eider OzerinJauregi: Occupational Safety

ULMA Forklift Trucks offers personalised solutions for all kinds of

logistics and operational needs through sale, lease, maintenance and

repair of forklift trucks. Our integrated service has the technological

support of the leading firms in the field.

forklift trucks

With its outstanding customer service and large sales and after-sales network, ULMA Forklift Trucks markets the most comprehensive and advanced range of forklift trucks for handling all and any type of goods. We provide businesses with the latest technologies from the wor ld’s foremost manufacturers.

The key to customer satisfaction in our business is to provide a fast, direct response to the customer’s loading and storage needs. Our highly skilled team has a track record of over twenty years in the industry, and our professional spare-parts operation provides a further competitive edge. We know that logistics and handling are critical processes: that’s why at ULMA we deliver the assurance only a leader can bring.

tailored logistics solut

ns

Iker Zubia: Marketing

ULMA Construcción develops industrialised systems for scaffolding,

form works and props and shoring. Its technology and production

capabilities make it the leading company in Spain and one of the front-

running names in building, rehabilitation and civil engineering on the

international stage.

industrialised systems

At ULMA Construcción we create, develop and manufacture our own products to optimise building processes. We strive to offer our customers the highest possible performance and work closely with them at their own building sites. We aim to grow in the sector by offering a tailored response to each set of requirements.

At ULMA Construcción our in-depth knowledge of the field has enabled us to extend our activities to several ambits of the construction industry. Our ability to produce an integrated, bespoke response to each project and design and manufacture our own optimum-quality products, allied to our solid background of industry experience, makes us a benchmark firm and a strategic partner in highly diverse areas of the construction sector.

the integral solution

ULMA provides the construction industry with a comprehensive package of industry and technological know-how. Our goal is to offer assured solutions and innovation capability.

Mario García:Manufacturing

ULMA Forging manufactures and sells forged accessories for piping,

flanges and fittings in the oil and energy industries. Our production

capacity makes us one of the world leaders in the industry. We export

90% of our output to more than forty countries, and are certified to

supply the most demanding industry leaders.

flanges and fittings

ULMA’s production and management system is certified under ISO 9002 by Lloyd’s Register Quality Assurance. With a state-of-the-art plant running robot forging facilities, machining lines and power presses of up to 8.000 tonnes, ULMA Forging has become one of the world’s leading manufacturers of forged accessories for piping, flanges and fittings for the energy sector.

In a market where quality is a strategic value, our production capacity and delivery-time reliability enable us to offer a highly competitive product of recognised prestige approved by the leading companies in the industry – Shell, Exxon, Dow Chemical, Esso, ICI, Pemex, Petrobras, PDVSA. At ULMA Forging we can assure quality and service for the most demanding energy customers in the world.

reliability withou

rontiers

Maite Alvarez: Technical Office

inte

ULMA Handling Systems provides integrated logistics solutions through

the design, development, assembly and maintenance of automatic

systems for logistics. We have an ongoing business and technological

relationship with Daifuku, the world leader in the field, to guarantee

that we can offer the most advanced technological resources in

accordance with each specific project.

rated logistics engineering

ULMA designs and develops global logistics solutions working closely with customers, from design and planning all the way through to after-sales and re-engineering. Our high-calibre people are engaged in ongoing reinforcement of our engineering capability so that we can continue to create new systems and services and keep one step ahead of a fiercely competitive market: success comes through innovation.

ULMA Handling Systems operates a quality system based on meeting customers’, suppliers’ and internal employees’ needs, managing the various business processes and working to the European Foundation for Quality Model (EFQM) as our benchmark. Certified to ISO 9001:2000 by Lloyd’s Register Quality, we have achieved a competitive position on the domestic and international market and implemented a Total Quality approach that underpins our whole business.

logistics consulting & e

ineering

Javier Leturiaga: Sales Officer

prefabricat

ULMA Polymer Concrete designs, manufactures and sells prefabricated

systems in polymer concrete for construction. We offer the widest

range on the market of products for building, linear drainage and

ventilated façades.

systems for construction

ULMA Polymer Concrete has developed a wide range of products aimed at three market segments. Our prefabricated systems are aimed at linear drainage, building and ventilated façades. Our ongoing commitment to innovation has created new products now recognised by the leading engineering and architecture firms.

A constant process of innovation to create new solutions for the construction industry has brought us to the forefront of the market. We offer a wide range of specialised products by thinking about products and processes in a different way. This is ULMA Polymer Concrete’s leading-edge response to the construction industry’s requirements.

new alternative

or construction

Itziar Lete: Technical Training

packag

ULMA Packaging designs and manufactures packaging equipment,

systems and services to give our customers’ products optimum protection

and presentation. Our customised systems and services make for a

distinctive integrated offering.

g equipment and systems

Presentation, attention to detail and protection are a key value for any product. ULMA Packaging meets those needs by designing and producing tailored packaging equipment, systems and services in four main lines of business: distribution, engineering, food packaging and non-food packaging.

ULMA Packaging’s strategy has firmly established us as a company of reference in all packaging sectors. We have become an invaluable strategic partner for businesses seeking to make a qualitative leap in quality and service, and are concerned with both aesthetics and functionality. We help our customers captivate consumers’ senses.

added value

ULMA str ives to anticipate the sector’s technological needs through our R&D and Applications Engineering efforts. We look for Total Quality in our management system by boosting our people’s know-how and creativity.

registered officesULMA Agrícola ULMA C y E, S. Coop.

Ps. Otadui, 3P.O. Box 1320560 Oñati (Guipúzcoa) SPAINTel: +34 943 034900Fax: +34 943 716466E-mail: agricola@construccion.ulma.es

Tax Reg: F-20.023065

ULMA ForkliftTrucks

ULMA Manutención, S. Coop.

Ps. Otadui, 8P.O. Box 3220560 Oñati (Guipúzcoa) SPAINTel: +34 943 718033Fax: +34 943 783502E-mail: carretillas@manutencion.ulma.es

Tax Reg: F-20.091443

ULMA Construcción ULMA C y E, S. Coop.

Ps. Otadui, 3P.O. Box 1320560 Oñati (Guipúzcoa) SPAINTel: +34 943 034900Fax: +34 943 034920E-mail: construccion@construccion.ulma.es

Tax Reg: F-20.023065

ULMA Forging ULMA Forja, S. Coop.

Bº Zubillaga, 3P.O. Box 1420560 Oñati (Guipúzcoa) SPAINTel: +34 943 780552Fax: +34 943 781808E-mail: forja@forging.ulma.es

Tax Reg: F-20.025250

ULMA HandlingSystems

ULMA Manutención, S. Coop.

Bº Garagaltza, 50 P.O. Box 6720560 Oñati (Guipúzcoa) SPAINTel: +34 943 782492Fax: +34 943 782910 - 943 718137E-mail: informa@manutencion.ulma.es

Tax Reg: F-20.091443

ULMA PolymerConcrete

ULMA Hormigón Polímero, S. Coop.

Ps. Otadui, 89P.O. Box 2020560 Oñati (Guipúzcoa) SPAINTel: +34 943 780600Fax: +34 943 716469E-mail: hormigon@polimero.ulma.es

Tax Reg: F-20.563623

ULMA Packaging ULMA C y E, S. Coop.

Bº Garibai, 28 - P.O. Box 14520560 Oñati (Guipúzcoa) SPAINTel: +34 943 739200Fax: +34 943 780819E-mail: info@packaging.ulma.es

Tax Reg: F-20.023065

Central Departments Grupo ULMA, S. Coop.

Ps. Otadui, 3 - P.O. Box 1320560 Oñati (Guipúzcoa) SPAINTel: +34 943 034900Fax: +34 943 780917Web: www.ulma.esE-mail:grupoulma@ulma.es

Tax Reg: F-20.544326