BE Group delivers 1,450 tonnes of steel beams to Peab Grundläggning

BE Group Sweden has secured a transaction whereby it will deliver approximately 1,450 tonnes of steel beams to Peab’s foundation engineering operation (Peab Grundläggning AB) between December 2010 and February 2011.

The steel beams will be delivered from BE Group in fully loaded rail wagons and are to be used for a bridge needed in the piling of a quay in the Port of Gävle, Sweden. The value of the order amounts to approximately SEK 9M.

“Beams represent one of the product segments in which BE Group is strongest and it feels very positive to be entering 2011 with a project of this kind”, comments Stefan Eklund, Business Area Manager for BE Group Sweden.

For further information, please contact:
Torbjörn Clementz, CFO and Deputy CEO, tel: +46 (0)70 869 07 88, e-mail: torbjorn.clementz@begroup.com

Stefan Eklund, Business Area Manager and President, BE Group Sweden, tel: +46 (0)40 38 40 25, e-mail: stefan.eklund@begroup.se

BE Group, listed on the Nasdaq OMX Stockholm since November 2006, is one of the leading trading and service companies for steel and other metals in Europe. The Group has about 10,000 customers, primarily in the construction and engineering industries. BE Group provides various forms of service for steel, stainless steel and aluminium applications. In 2009, the company reported sales totaling SEK 4.3 billion. BE Group has slightly less than 900 employees in nine countries in northern Europe, where Sweden and Finland are its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com

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