Cardo wins order worth EUR 1.2 million for equipment for treatment plant in Argentina
Cardo has entered into an agreement to supply pumps and mixers for a wastewater treatment plant in Argentina. The order is worth EUR 1.2 million and delivery is expected to occur during the second half of 2010.
Cardo’s pumps and mixers will be used in the treatment process at a wastewater treatment plant for Buenos Aires serving approximately 8 million residents. Cardo won the order thanks to reliable, energy-efficient solutions and a broad service offering.
“There is a great need for water treatment and that need is increasing throughout the world. This is a significant order that further strengthens our position in the region,” says Peter Aru, Cardo’s President and CEO.
The order will be booked in the second quarter and delivery is expected to occur during the second half of 2010.
In its division Cardo Flow Solutions, Cardo offers wastewater treatment and handling applications under the ABS brand to municipalities and other public or private operations with responsibility for wastewater treatment and handling. Its solutions include pumps, mixers, aerators and compressors.
Malmö, Sweden, May 25 2010
Cardo AB (publ)
For further information, please contact:
Peter Aru, President and CEO, tel +46 10 4747 401
Ulf Liljedahl, CFO and Executive Vice President, tel +46 10 4747 402
Maria Bergving, SVP Communications & Investor Relations, tel +46 10 4747 405, maria.bergving@cardo.com
Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. With sales of SEK 9 billion and approximately 5,400 employees worldwide, Cardo delivers solutions that help to solve some the greatest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.
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