We are building future Kodumaja www.kodumaja.ee 2018 1
What does Kodumaja mean? Kodumaja name of trademark - group of the companies who are acting under the trademark Kodumaja often used when talking about specific company in the group of Kodumaja companies 2018 2
2018 3 Group of companies connected to Kodumaja
Main field of activity Design and construction of prefabricated wooden frame buildings Kodumaja companies produces and builds mainly: apartments in multi - storey apartment buildings apartments in small buildings (houses with 4 6 apartments, row houses, standard double houses and standard private dwellings designed usually in cooperation with the customer) assisted living apartments for elderly people and people with disabilities other buildings for permanent use (student apartments, hotels, etc.) and if capacity is available then also modules for camps and offices, nursery schools, schools, holiday homes etc. 2018 4
Multi-storey house in Norway on 14 floors World s tallest wooden structure multi-storey house Treet 14 floors, 52,8 m Bergen, Norway 2018 5
2018 6 Multi storey house in Norway on 4-6 floors
2018 7 Group of multi-storey houses in Norway 5 floors
2018 8 Multi-storey house in Sweden 5 floors
2018 9 Group of multi-storey houses in Norway 3-5 floors
2018 10 Multi-storey house in Norway 5 floors
2018 11 Group of houses in Norway on 3 4 floors
2018 12 Assisted living apartments in Sweden 4 floors
2018 13 Group of multi-storey houses in Norway 4 floors
2018 14 Multi-storey house in Norway 2 floors
2018 15 Building with student apartments in Norway on 4 floors
Assisted living for people with physical and mental disabilities in Denmark on 3 4 floors 2018 16
2018 17 Multi-storey house in Norway 5 floors
2018 18 Multi-storey house in Norway 5 floors
2018 19 Multi-storey house in Norway 4 floors
History Kodumaja history established - 19.05.1994 first house mounted 06.11.1995 (Kodumaja birthday) first export 1996 (private dwellings to Germany, France) construction of apartment buildings and export to Norway started (Bodø) November 1997 Kodumaja finished construction works of new factory KM Element OÜ February 2008 2014 2015 Kodumaja is building in Bergen (Norway) world tallest wooden apartment building (14 floors, 52,8 m high) More detailed overview: http://www.kodumaja.ee/en/introduction/history-of-kodumaja 2018 20
Strategic markets of Kodumaja and built living units for permanent living (as of 31.12.2017) Norway 5 956 Sweden 356 Denmark 361 Finland 116 Estonia 256 Other countries 17 TOTAL: 7 059 2018 21
As of 31.12.2017 Kodumaja companies have built apartments in 5 and more storey apartment buildings 1 342 apartments in 4 storey apartment buildings 1 577 apartments in 2 3 storey apartment buildings 2 539 apartments in small houses (double and row houses) 936 private dwellings and Norwegian holiday homes (Norske Hytta) 274 assisted living apartments for elderly people and people with disabilities 263 hotel rooms in hotels 104 modular room sections for schools and office buildings 102 modular room sections for building the site premises 35 2018 22
2018 23 Sales geography and turnover
Way of building Way of building 2018 24
We are building from prefabricated modular sections (MS) MS is spatial part of a building where the floor, walls and ceiling of MS are assembled at the factory. One MS may include several rooms. Since MS is a closed element, it is possible to complete following at the factory: install doors and windows complete up to 95% of the interior finishing of the rooms (incl. installation of ceramic tiles, floor coverings, mouldings, etc) build piping and cable systems within MS (incl. electricity, water, sewerage, heating, ventilation, security alarm system, TV, fire sprinkler system, etc) install bathroom fixtures and fittings (incl. faucets, toilets, bathtubs, sinks, shower cabins, etc) install kitchen and bathroom furniture and home appliances complete most of exterior finishing works (in case of light exterior finishing materials) Kodumaja is able to produce MS, which transportation dimensions are within the following limits: width - 5,3 m, length - 14,5 m and height - 4,5 m. The typical weight of one MS is: 8 16 tons. Time for mounting one MS on a completed foundation is: 20 60 minutes. In case of multi-storey blocks of flats Kodumaja site team is able to mount: 15 30 MS a day. 2018 25
2018 26 Production at the factory
2018 27 Factory readiness of interior finishing
2018 28 Transportation and construction
Why modular sections? Why Kodumaja way of building is competitive? 2018 29
Advantages (1) Good working conditions = high quality at lower costs production does not depend on weather conditions, dependency of construction on weather conditions is minimized good conditions for work performance, management and quality control assure high quality of work performed 2018 30
Advantages (2) Efficient construction method = good possibility for shortening construction time production at the factory with simultaneous construction on the construction site shortens construction time and minimises fixed overheads factory production enables a large amount of workforce to be simultaneously engaged high level of completion of the factory-produced modular sections minimizes quantity of work and saves time and money on the construction site 2018 31
Advantages (3) Focusing on development of flexibility = readiness for implementation of one-of-a kind projects long experience of developing customer-oriented flexibility more experience, compared to the competitors, in the manufacturing of large MS and design and construction of 5 and more storey apartment buildings from factory-produced MS an extensive scope of delivery which enables our customers to solve a lot of different problems at once and with one supplier Kodumaja 2018 32
Advantages (4) Compliance with applicable norms and standards = high durability and healthy human environment at low maintenance costs Carefully thought out, tested and approved structural and technical solutions as well as materials comply with norms and standards in our markets. 2018 33
Advantages (5) Responsibility and competence = important decisions are made and processes are managed by competent managers and specialist with long experience As Kodumaja customers are professional construction companies from Nordic countries, we can pool their vast experience and practices with our own experience. 2018 34
Advantages (6) Devoted and experienced personnel, carefully thought out and certified management system = well controlled and managed cooperation process and high quality final result of the work helps to achieve high satisfaction of the cooperation partners Management system of Kodumaja companies is built up according to international standards ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007 and certified. 2018 35
Specialities Certain limitation in the architectural designs. Architects must be able to think in terms of prefab modules when designing a building. It is important to make majority of significant decisions regarding the building before the start of the production and construction process. The production and construction process proceeds at a relatively fast pace and needs thorough preparation. Many later modifications may result in considerable extra costs. Special requirements for transport. Prefab modules are often oversized cargo and the transport of prefab modules means that you are partly transporting "air". Some customers are sceptical about timber-frame as a building's load bearing structure. Somewhat increased material consumption. Prefab modules need stronger structures due to transportation and repeated hoisting. Modular sections has closed structure all around which increases some material costs as well. At the same time it is also giving an extra advantages solid and strong building, good sound insulation etc. Deeper analysis may show that seemingly disadvantageous specialities may actually provide certain benefits. 2018 36
How Kodumaja works? How Kodumaja works? 2018 37
Customers of Kodumaja and role of Kodumaja companies in cooperation Kodumaja customers on export markets: general contraction companies companies offering construction project management real estate developers Kodumaja companies are acting as subcontractor of the customer who performs most of the construction works above the foundations of the buildings. According to agreement Kodumaja companies may also take responsibility of main contractor for all construction works above the foundations of the buildings. Kodumaja customers in Estonia: final users of buildings and apartments Kodumaja companies are acting as real estate developer and builder of turn key houses. 2018
Work organization PRIMARY PROCESS OF KODUMAJA client who wants to have something built Sales Execution of the order Warranty period a satisfied client who recommends Kodumaja to their acquaintances even after the guarantee period Each customer and order is treated as a separate project. In different stages of the primary process the project has one specific liable person who also acts as the client s contact. 2018 39
From the customers in export countries Kodumaja companies are expecting usually Performance of general contractors functions Coordination of all subcontractors work, fulfilment of formalities in local governments including obtaining building permits and permits for use, etc. Design and construction of foundations and public utility lines by the customer or through subcontractors To ensure compatibility of foundations and public utility lines with the building's superstructure, cooperation with Kodumaja is vitally important. Due performance of other customer obligations under the contract entered into with Kodumaja resolution of organizational issues, which are reasonable to solve in the export country by local people. The scope of delivery and the division of liability are subjects of negotiations. The mutual obligations of Kodumaja company and the customer are established in negotiations and they are specified in sales contracts and their annexes. 2018 40
KM Element OÜ (factory - Ravila 61, Tartu, Estonia) Production premises and capacities (as of 01.01.2018) Production premises 14 697 m 2 with possibility to increase by 7000 m 2 if building 2 extra production halls Material warehouses / loading and transportation territory Warehouse and transportation territory of finished products Workers wardrobes, lunchroom, shower rooms 5 722 m 2 / 5 287 m 2 21 103 m 2 1 598 m 2 Offices 1 151 m 2 Whole territory 75 265 m 2 ca 560 medium-sized apartments Possible capacity per 1 year (production and construction) and with increased production premises ca 1060 medium-sized apartments 2018 41
Kodumajatehase AS (factory - Betooni 2, Tartu, Estonia) Production premises and capacities (as of 01.01.2018) Production premises 9 935 m 2 Material warehouses / loading and transportation territory 2 969 m 2 / 3 559 m 2 Warehouse and transportation territory of finished products Workers wardrobes, lunchroom, shower rooms 8 489 m 2 1 026 m 2 Offices / parking areas 1 667 m 2 / 3 131 m 2 Whole territory 28 641 m 2 Possible capacity per 1 year (production and construction) ca 440 medium-sized apartments 2018 42
Turnover and personnel 1995 2017 and target 2018 1995 2017 real (consolidated since 2002) 2018 target 2018 43
Coordinates Kodumaja companies Homepage in internet: www.kodumaja.ee Kodumaja AS KM Element OÜ Kodumaja Kinnisvaraarenduse OÜ KM Nederland B.V. Kodumajatehase AS Kodumaja Projekteerimise OÜ Ravila 61, Tartu 51014, Estonia Telefon: + 372 7 385 999 e - mail: info@kodumaja.ee Betooni 2, Tartu 51014, Estonia Telefon: + 372 7 385 989 e - mail: info@kodumaja.ee 2018 44