Maintenance has been treated as a cost-center although it has obviousdirect impact on company production, delivery on time, product quality andconsequently company business. In this paper we develop and test a new system(EcoCon) for monitoring and assessing the economic impact of maintenance on aproduction process. EcoCon is tested using real industrial data collected over3 years. The main findings are that by using EcoCon it is possible to assessmaintenance economic impact on a production process. Also, EcoCon providesdata for analyzing causes behind deviations in maintenance and production performance.It can be applied on companies of similar production process/machine. But,in some cases, the system demands marginal accommodation to suit the differencesin the maintenance economic related factors among companies. EcoCon providesproduction and maintenance mangers reliable overview of maintenance importancethrough monitoring maintenance economic impact by linking technical productionperformance, e.g. downtime, to economic savings/losses generated due to maintenanceperformance and other activities.