Lindab has booked an order worth approximately SEK 22 million for an industrial investment in Belarus
Lindab has booked an order worth approximately SEK 22 million for one of the biggest hosiery manufacturers in Eastern Europe, Conte Spa. The project comprises several single and multi-storey buildings and is an extension to the building delivered earlier this year. The building complex is located in Grodno in Belarus, 300 km from Minsk. The order is due for completion in Spring 2013.
Hans Berger, Business Area Manager for Lindab Building Systems, commented:
"Belarus continues to be a very good market for our systems, especially considering the current market climate in much of Europe. Lindab's ability to deliver high quality and complex large buildings within short delivery time gives us a clear competitive advantage compared to local players."
End
| The information here is that which Lindab International AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. |
Contacts:
LINDAB
David Brodetsky, CEO
Email: david.brodetsky@lindab.com
Mobile: +46 (0)73 274 5418
Hans Berger, Business Area Manager, Building Systems
Email: hans.berger@lindab.com
Mobile: +352 621 229 341
Lindab - A Ventilation and Building Products company:
Lindab develops, manufactures, markets and distributes products and system solutions primarily in steel for simplified construction and improved indoor climate.
The business is carried out within three business areas, Ventilation, Building Components and Building Systems. The products are characterised by their high quality, ease of assembly, energy efficiency, consideration towards the environment, and are delivered with high levels of service. Altogether, this increases customer value.
The Group had sales revenue of SEK 6,878 m in 2011, was established in 31 countries and had approximately 4,300 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2011, the Nordic market accounted for 46 percent, CEE/CIS (Central and Eastern Europe as well as other former Soviet states) for 23 percent, Western Europe for 28 percent and other markets for 3 percent of total sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For more information visit www.lindabgroup.com