Lemminkäinen to build rental apartments for VVO in Jyväskylä

10/2/2012 4:30 AM EST

Lemminkäinen
Investor News

Lemminkäinen to build rental apartments for VVO in Jyväskylä

LEMMINKÄINEN CORPORATION INVESTOR NEWS    2 OCTOBER 2012 AT 11.30 AM

LEMMINKÄINEN TO BUILD RENTAL APARTMENTS FOR VVO IN JYVÄSKYLÄ

Lemminkäinen and VVO have signed a contract to build a privately funded
residential building in Harjunkulma in the centre of Jyväskylä. The contract
for As Oy Jyväskylän Väinönkatu 15, comprises 65 residential apartments,
storage, and an underground garage.  The apartments will have a combined floor
space of 3,180 m2. Lemminkäinen will be the main contractor responsible for the
overall contract. The parties have agreed that the contract price will not be
published. Construction will begin in October 2012, and the building complex
will be completed in February 2014. 

"This contract adds significantly to Lemminkäinen's building construction
business in Jyväskylä in the coming year while supporting the efforts to
complete the modern, new-build Harjunkulma block in the city centre," says
Lemminkäinen's regional manager Juha-Pekka Eskola. 

"The project follows on from the long-term cooperation between Lemminkäinen and
VVO. This privately funded residential building is a great addition to the
local rental housing stock," says VVO's business director Eero Saastamoinen. 

LEMMINKÄINEN CORPORATION
Corporate Communications

ADDITIONAL INFORMATION:
Juha-Pekka Eskola, Regional Manager
Building Construction, Jyväskylä
Tel. +358 2071 57823
 

DISTRIBUTION:
NASDAQ OMX Helsinki
key media
www.lemminkainen.com

Lemminkäinen Group operates in all areas of the construction sector. The
Group's business segments are building construction, infrastructure
construction, technical building services and international operations. Net
sales in 2011 were about EUR 2.3 billion, of which international operations
accounted for roughly one third. The Group employs an average of 8,000 people.
Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange
Helsinki. www.lemminkainen.com