Gunnebo Cements Market-Leading Position in China

Following the successful installation of entrance control solutions for metro systems in several major cities across China, the Gunnebo Security Group has received new orders from Guangzhou, Xi’an, Shenzhen and Hong Kong.

The new orders amount to over MEUR 2 and are for a total of 940 sets of metro flap gates, an entrance control solution designed for high volume traffic. All the gates will be produced in Gunnebo’s Chinese factory in Kunshan.

“Gunnebo continues to be the leading provider of reliable and efficient entrance control solutions to the rapidly growing Chinese metro sector,” states Gunnebo’s President and CEO, Per Borgvall. “With our own production site now in place – in Kunshan, just outside Shanghai – we are able to meet the tough demands these kinds of projects generate, both with regard to quality and delivery times. This is significant as it further strengthens our competitiveness.”

The gates that Gunnebo are successfully providing to the Chinese metro market have a reputation for reliability, durability and for managing high throughput. They were initially designed for the KCRC metro system in Hong Kong and established the regional benchmark.

Subsequent installations have followed in many major cities across China. To date, Gunnebo has delivered entrance control solutions to 12 cities, including Beijing, Shanghai and Guangzhou. At the moment 21 more Chinese cities are planning to build metro systems in the near future, of which 17 are under construction.

GUNNEBO AB (publ)
Group Communications

For more info on Gunnebo’s solutions within entrance control, please visit: www.gunnebo.com/entrancecontrol

For further information, please contact:

Per Borgvall, President and CEO Gunnebo AB, tel. +46 10 2095 000, or
Karin Wallström, Communication & IR Director Gunnebo AB, tel. +46 10 2095 026, or e-mail: karin.wallstrom@gunnebo.com

www.gunnebogroup.com

The Gunnebo Security Group provides efficient and innovative security solutions to customers around the globe. It employs 5 800 people in 31 countries across Europe, Asia, Africa, Australia and Americas, and has a turnover in excess of €580m. Gunnebo focuses its global offering on Bank Security & Cash Handling, Secure Storage, Global Services and Entrance Control.

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