Cardo wins record order for doors in China

Cardo wins record order for doors in China Cardo's business area Door has won an order in China worth almost SEK 30 million. The aircraft maintenance company Gameco has ordered three big Megadoors for a maintenance hangar at Guangzhou's new major international airport. The order is Cardo Door's largest so far in China. One of the features of the Megadoor is that it is designed for very large door openings; and it can be made in virtually any size. The doors for Guangzhou New Baiyun International Airport are of the "multiple" type and the largest of them measures 150 x 27 meters. The doors will be made at Cardo Door's subsidiary Megadoor in Skellefteå, Sweden, and will be delivered in December. This undertaking will attract increased attention to Cardo Door's products in China while providing a first-class reference project in the big Chinese airplane hangar market. Cardo Door is a business area in the Cardo group and one of the world's largest manufacturers of industrial doors and Europe's leading supplier of dock loading equipment. Cardo Door is also the market leader in servicing these products and one of Europe's largest manufacturers of residential garage doors. Door's turnover amounts to approximately SEK 5.5 billion. Malmö, Sweden, August 29 2002 Cardo AB (publ) For further information, please contact: Christer Roskvist, Head of Public Relations, phone +46 40 35 04 25, +46 40 35 04 00 Cardo is an international engineering group with a turnover of SEK 10.8 billion in 2001. Cardo holds a strong position in the markets for doors, pumps and rail-vehicle brake systems. Cardo has subsidiaries in about 30 countries with the focal point resting in western Europe, and roughly 8,000 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/29/20020829BIT00440/wkr0001.doc http://www.waymaker.net/bitonline/2002/08/29/20020829BIT00440/wkr0002.pdf

About Us

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. Operations are pursued in the Group’s divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors. With sales of almost SEK 10 billion and more than 6,000 employees worldwide, Cardo delivers solutions that help to solve some the toughest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.