Lindab's Building Systems receives order for wood processing building complex in Kaliningrad (Russia)
Lindab's division Building Systems has received an order worth approximately SEK 57 Million to deliver an Astron® buildings complex for the industrial area TPK Golubievskij in Kaliningrad.
The complex will consist of 12 separate buildings, with a total area of 56,000 m². The storage buildings will be realized with AZM1 structures, while the production units are based on tailor-made structures with intermediate columns (SSB). The office part is planned to be a multi-storey building (MSB). All roof and wall surfaces will be clad with Astron® LPA and LPR panels.
The deliveries will start by the end of 2016. The erection process is to be finalized within 12 months thereafter.
Anders Berg, Lindab's President and CEO commented:
"We remain long-term committed to our establishments in Russia and CIS countries and see that we have a compelling offer to our customers, despite a challenging market situation. With our personal approach and tailor-made solutions, Lindab makes a difference on the market. Our commitment to develop innovative and flexible building solutions provide our customers with a competitive advantage, and this is highly valued, despite the market conditions."
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| The information is such that Lindab International AB (publ) is obligated to publish under the Swedish Securities Market Act and/or the Swedish law on Trading with Financial Instruments. The information was submitted for publication on 19 February 2016 at 07.40 CET. |
Contacts:
LINDAB
Anders Berg, President and CEO
Email: anders.berg@lindab.com
Mobile: +46 (0) 70 35 89155
Fredrik Liedholm, General Counsel, M&A- and HR director
Email: fredrik.liedholm@lindab.com
Mobile: +46 (0)72 38 85742
Lindab - A Ventilation and Building Products company:
Lindab develops, manufactures, markets and distributes products and system solutions for simplified construction and improved indoor climate. 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 of SEK 7,589 m in 2015 and is established in 32 countries with approximately 5,100 employees.The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2015, the Nordic market accounted for 44 percent, Western Europe for 33 percent, the CEE/CIS (Central and Eastern Europe plus other former Soviet states) for 19 percent and other markets for 4 percent of total sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap, under the ticker symbol LIAB. For more information visit www.lindabgroup.com.