2015

established 1991

Ladies and Gentleman

Rockfin is approaching its 25th anniversary. Therefore, we are all the more excited to present you, our latest newsletter with an overview of our engineering and manufacturing potential, our experience and our plans for the future. In recent years, in spite of the turmoil in the global, and especially the European, economy we have managed to remain competitive, enhance our global market standing and prepare our infrastructure for further dynamic growth. We opened a new section of our plant in Małkowo in May 2015, to obtain an additional over 2500 sq. m of manufacturing space, with state-of-the-art infrastructure including a gantry crane with a lifting capacity of 140 t and 1000 sq. m of office space.

The Market As always, we focus on the design, manufacture and servicing of oil, fuel and gas systems and hydraulic drive and control units. Our systems are dedicated to gas and steam turbines, generators, compressors and other industrial equipment.We offer comprehensive service: from technical consultation, through system design and manufacture, tests, warranty and post-warranty maintenance & service.

Sales GrowthOver the last 3 years, Rockfin has enjoyed an over two-fold sales growth, including an over 60 percent increase year-on-year in 2014. We have delivered many unique and complex projects for our customers. The projects were a huge challenge, both from the manufacturing and logistics point of view, but we met it with flying colours, as confirmed by our customers.

Human Capital People are our greatest asset. We have significantly increased our staff levels in 2014. Our people include veteran employees with 20, 30 and even more years of professional experience, along with dynamic young engineers, technical university graduates. The combination of our specialist’s experience with the energy of the young fast learners ensures that we can meet the strictest requirements of our customers, both now and in future.

Our futureIn order to secure the funds necessary to further develop our company, we signed an agreement with a strategic investor, the Tar Heel Capital II investment fund, in mid-2013. The fund invests in manufacturers of devices that require highly specialist know-how, in terms of both engineering and manufacture. Our new investor’s financial commitment has been an important element to build our financial stability.

As usual, I would like to take this opportunity to thank all those who helped Rockfin achieve its results to date and wish that we continue our further plans and development prospects together. I would like to thank our customers, our business partners and our entire staff. It is both an honour and a commitment to be working with you all.

Wojciech Danek Chairman of the Board/CEO

Lead Team Members from left to right

Dariusz Mroczka Design Department Manager

Adam MuchladoProduction & Service Manager

Tadeusz GajewskiSenior Technical Consultant

Bartłomiej ŚwiackiService Manager

Tomasz PiosikDirector of Sales & MarketingMember of the Board

Barbara ŻaczekHuman Resource Manager, Proxy

Wojciech DanekChairman of the Board/CEO

Paweł JaszewskiHead of Project Management

Joanna MarzecSupply Chain Manager

Dr. Christian MüllerDirector of Business Unit Packaging

Michał Wróblewski Chief Operation OfficerMember of the Board

Marek GorzelewskiChief Financial OfficerMember of the Board

Stanisław WojsławTechnical Director

Dieter BernauerRockfin Schweiz CEO

Dear CustomersThank you for choosing Rockfin and our service.Your trust and confidence inspire us every day.With our new Bulletin we would like to say "thank you".

Your Rockfin Team

Introduction

Over 2000 of our systems work worldwideAlgeria

Argentina

Australia

Bangladesh

Belarus

Bosnia and Herzegovina

Brasil

Canada

China

Congo

Cuba

Egypt

Estonia

Finland

France

Georgia

India

Germany

Indonesia

Iraq

Italy

Japan

Kuwait

Libya

Malaysia

Mexico

Mongolia

Nepal

Netherland

Norway

Oman

Pakistan

Philippines

Poland

Russia

Saudi Arabia

Singapore

Slovenia

South Africa

Spain

Sweden

Switzerland

Taiwan

Turkey

Turkmenistan

Ukraine

United Kingdom

United States

Uzbekistan

54

Rockfin is an engineering company that specialises in the design, production, testing and servicing of liquid and gas systems for Gas Turbines, Steam Turbines, Generators, Compressors and High Pressure Drive and Control Systems. We offer comprehensive services, from technical consultation, through design, systems delivery, testing, to warranty and post-warranty maintenance.

Steam turbines�Lube oil systems�Hydraulic power units�Jacking oil systems�Lube oil purification systems

Packaging�Compressor skids�Power packs

Gas turbines�Auxilary modules �Water injection skids�Liquid fuel skids�Fuel gas skids�Hydraulic system for

diverter damper�Lube oil systems�Control valve blocks�Water cooling skids

Generators (including for nuclear power stations) �Seal oil systems�Stator water cooling systemsŠHydrogen gas systems

Compressors�Lube oil systems�Dry gas seal panels�Booster skids�Local gauge boards�Seal oil consoles�High pressure skids

Hydro–powerÅ�Servocylinders for

water turbine�Cylinders for wicket gates�Hydraulic units�Lube & cooling units

Waste to energy burning plants�Cylinders with piston

position control�Hydraulic power units�Electrical control systems

High pressure hydraulics�Hydraulic power stations�Cylinders�Hydraulic systems for presses�Hydraulic systems for cement

and metal-works

Process systems�Chemical injection packages

Research & development

Total revenue

Breakdown by industry 2014

Employment

Breakdown by segment 2014

Typical applications of Rockfin systems

6

10

14

16

8

12

16

17

24

page

page

page

page

page

page

page

page

page

2010 2011 2012 2013 2014 2010 2011 2012 2013 2014

60

50

40

30

20

10

0

[millions E]

350

300

250

200

150

100

50

0

Key figures

221

31 m

illio

ns €

227

27 m

illio

ns €

250

33 m

illio

ns €

280

38 m

illio

ns €

351

62 m

illio

ns €

54%

86%

12%

2%

32%

14%

Power / 54%

Oil & Gas / 32%

Others / 14%

Production / 86%

Services / 12%

Other activity / 2%

76

Lube oil cooling & filtration skid HP control system

Lube oil & jacking system

Lube oil & jacking systemLube oil & jacking system Lube oil & jacking system

We have the capability to manufacture lubrication, control & jacking systems for steam turbine regardlesss of its size.In April 2015, we successfully completed the functional tests for the lubrication system for a 1075MW steam turbine (Poland’s largest) at our plant in Małkowo (with a tank volume of 100 000 litres and a pump with a capacity of 12 000 litres per minute).

Tadeusz GajewskiSenior Technical Consultant

Steam turbines98

Water injection system

Diverter damper hydraulic unit

Light fuel forwarding skid

Heavy fuel filtration skid

Combined auxiliary systemLube oil & jacking system

Over the past 10 years Rockfin has produced more than 200 auxiliary systems for reputable GT OEMs. Our biggest success was delivering 57 t auxiliary blocks for the Bouchain project in France which was designed, procured, assembled and tested by Rockfin. Rockfin’s facilities have the capacity for the cold commissioning and factory testing of 50 and 60 Hz equipment.

Paweł JaszewskiHead of Project Management

Gas turbines1110

Seal oil system

Seal oil systemHydrogen gas system

Stator water cooling system

Stator water cooling system

Seal oil systemSeal oil system

Rockfin is able to manufacture, service and test the most complex and sensitive auxiliaries for H2 cooled and water cooled generators in line with various world standards, including PED, ASME with or without U-STAMP or NB, DOSH, etc.This makes Rockfin a flexible partner recognised all over the world. The Flamanville III Auxiliaries were the largest we have produced so far (1750 MW Generator).

Ireneusz WalkiewiczSenior Sales Consultant

Generators1312

Lube oil system

Lube oil system driven by steam turbine

Seal gas panel & booster panel

Dry gas seal panel

Lube oil systemLube & control oil system

We have been implementing quality high tech projects for the oil & gas industry since 1998. We meet the requirements of end users such as BP, Total, Chevron, Shell, Exxon Mobil and Petrobras. Last year we delivered, among other things, a LOS of the compressor to meet the requirements of SHELL DEP, mounted on the world’s largest FPSO, which will operate on the PRELUDE FLNG oilfield off the coast of West Australia and seal gas panels for the MARTIN LINGE project meeting requirements of TOTAL and NORSOK standard.

Stanisław WojsławTechnical Director

Compressors1514

Manufacturing & Assembly

Documentation

Logistics to Site

Shop test

Design & Engineering Purchasing

Service

Customer

Rockfin’s vision and capabilities go far beyond the classical packaging concept according to the customers’ design specifications. Today we build complete skids mechanically and electrically by ourselves and take over major responsibilities for the design from our clients. Design to cost is our daily business, so we have all the necessary tools and rely on our engineering force of 50 highly qualified engineers.We build in conformity with the majority of international standards and provide the relevant documents.Rockfin has recently expanded the fabrication to 6000m2 and mutually increased the crane capacity to 140 t which allows us to assemble even heavy skids.Our facilities are located close to two international seaports in Gdansk and Gdynia, which facilitates transport and we have recourse to additional assembly area at the harbour and floating high capacity cranes.Let us take care of your products and needs and get in touch with us, we will package the future for you!

Dr. Christian MüllerDirector of Business Unit Packaging

3 4

5

6

Packaging

1 2

7

8

1716

High pressure (700 bar) mobile power packValve block assembly

Container pump station Servomotors

Power station for test bench

Pump station for presses

Proportional control manifolds

Cylinders

Hydraulicpower pack

Servocylinders

Hydraulic power packsWater cooling system

High pressure hydraulicsWaste to energy burning plants

Hydro -power

1918

Manufacturing documentation

Advanced test simulation

PLC & HMI programming

Electrical power & control cabinets

Piping calculationsStrength calculations

3D Model

We develop detailed documentation for most of the skids manufactured by Rockfin.Last year we introduced new engineering tools to support us with the optimization of our designing to achieve the best ratio between our skids’ performance and the cost of production.We also design the test benches for testing our skids. The biggest skids tested in Rockfin had a flow capacity up to 12000 lpm and we used 60 t of oil and 2MW electric power for this purpose.

Dariusz MroczkaDesign Department Manager

Engineering & Documentation2120

Evaluation of performed x-ray pictures

Electrical testMeasurement of medium flow

Functional tests

3

4

Material hardness test

PMI analysis

Examination of paint coating & adhesion

X-ray examination of performed welds

Pre-assembly quality control

1 2Production process quality Final product quality documentation

Final product quality control

Incoming inspection

Rockfin, from the beginning of foundation, according to continuous improvement approach develops management systems of products quality assurance, environmental and health, safety aspects. Based on modern methods and quality assurance tools as well as rich and still expanding measurements and control capabilities, we are able to meet the highest expectations of our customers.

Grzegorz OrzechowskiQuality Manager

ISO 9001:2008ISO 14001:2004

OHSAS 18001:2007ISO 3834-2:2007ISO 17025:2008

PED 97/23/EC, cat. I, II, III, IVASME VIII, DIV 1, U-stamp

WHG (Wasserhaushaltsgesetz)

Quality2322

Piping systems

Material supply

Pressure testing

Oil flushing

Documentation

Site installation

Commissioning

Industry service

Warranty & post warrantymaintenance

On site repair & testing

We are proud that we have the necessary skills and capabilities to install, connect, test and commission the systems anywhere in the world. We provide maintenance for our systems throughout their warranty period and, at our customers’ request, also after the warranty ends. Our maintenance team works 24/7.

Bartłomiej ŚwiackiService Manager

Service2524

Rockfin Sp. z o.o.Head officeMałkowo, ul. Pałacowa 983-330 Żukowo, PolandTel.: +48 58 684 80-60e-mail: poczta@rockfin.com.plwww.rockfin.com.pl

Rockfin Schweiz GmbHSales & MarketingWeidenweg 15 P.O. Box 5464310 Rheinfelden, SchweizTel.: +41 618 361 666Fax: +41 683 616 80mobile: +41 796 192 880e-mail: info@rockfin.chwww.rockfin.ch

We are proud of our development. Our new workshop will open new opportunities for us. We also have a convenient location for our clients and products: 20 minutes from Gdańsk International Airport and 30 km from the International Seaport in Gdynia.

Tomasz PiosikDirector of Sales & Marketing

Member of the Board

Research & development

Social responsibility

Locations

www.rockfin.com.pl GPS data

26

C0

© Rockfin Sp. z o.o.All rights reservedAny reproduction of part or all of the contents in any form is prohibited