REFERENCES

MAJOR CUSTOMERS OF OUR COMPANY

                        Põlevkivi Raudtee AS                                                                  Estonia      

                        AS DBT ( Port of Muuga )                                                          Estonia

                        OÜ Refonda( BLRT Grupp AS )                                                 Estonia

                        Paldiski Sadamate AS ( Port of Paldiski )                                     Estonia

                        ESTEVE Terminal, ( South Port of Paldiski )                                Estonia      

                        Coal Terminal AS ( Port of Muuga )                                             Estonia

                        AS Loksa Laevatehas                                                                   Estonia

                        AS Miiduranna Sadam ( Port of Miiduranna )                                Estonia

                        AS Silsteve ( Port of Sillamäe )                                                     Estonia

                        AS Sillamäe Sadam ( Port of Sillamäe )                                         Estonia

                        AS BCT ( Port of Sillamäe )                                                         Estonia

                        AS Silbet                                                                                     Estonia

                        AS Energoremont                                                                        Estonia               

                        Alex Stewart International                                                             Latvia

                        SIA Ekoreverss                                                                            Latvia

                        Ventspils Grain Terminal                                                               Latvia

                        AS Misas Kudra                                                                           Latvia

                        SIA Gaujas Granulas                                                                     Latvia

                        Tolmets LTD                                                                                Latvia

                        SIA Alpha Ekspress                                                                      Latvia

                        SIA Salenieku Dolomits                                                                 Latvia

                        SIA Plavinu DM                                                                            Latvia

                        AS 8CBR                                                                                      Latvia

                        AB Baltijos Laevu Statykla                                                             Lithuania

                        JCS Klaipeda Stevedoring Company                                              Lithuania 

                        Alstom Power Sweden AB                                                            Sweden 

                        Normek OY                                                                                  Finland               

                        Raumaster OY                                                                              Finland               

                        Metso Corporation                                                                        Finland                         

                   Today we have about one hundred clients around Baltic and Scandinavia