Lindab sculpts strong future in Russia

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Lindab Building Systems, a European leader in pre-engineered steel buildings, has reached a milestone for the construction of its 15,000 square-metre Russian plant in the Yaroslavl region, 300 kilometers outside Moscow.
 
To commemorate the start of the construction phase of this important project, a sculpture was unveiled on June 11th, 2007 at the site of the future plant in Tutaev.
 
The ceremony was attended by Luxembourg's Minister of Economy Jeannot Krecké, Governor of the Yaroslavl Region Anatoly Lisitsyn, Luxembourg Ambassador (Russia) Carlo Krieger, Minister of the Swedish Embassy Stefan Gullgren, Chief Federal Inspector in the Yaroslavl region Alexey Kiselyov, Chairman of the State Duma of the Yaroslavl region Andrey Krutikov, Head of the Tutaev Municipal District  of the Yaroslavl Region Yan Andreev, Kjell Akesson (CEO Lindab Group), David Brodetsky (Managing Director, Lindab-Astron), Pavel Korenkov (Business Unit Manager, Lindab-Astron Russian operations) as well as many customers and employees.
 
"This is one of our most important investments to date," says Lindab's CEO, Kjell Åkesson. "Russia is a large and expanding market, where we have great expectations for the development of the pre-engineered buildings that we produce."
 
"We want to be part of this development phase and believe that we have a lot to offer, thanks to our long experience from supplying Eastern European markets," says David Brodetsky, Managing Director of the Lindab Building Systems Division, headquartered in Luxembourg. "The large number of international companies now setting up in Russia leads to increasing demands on the construction quality, which is good news for us."
 
Operations at the Yaroslavl/Tutaev production unit are due to start in the spring of 2008 and will initially employ approximately 150 people. The production will primarily focus on single storey buildings (Astron buildings) for the Russian and Ukrainian markets. "We are very grateful for the invaluable support that we have received from the local administration and the Mayor's office who are committed to this major international investment for the Yaroslavl region, adds Pavel Korenkov, Lindab-Astron, Russia. "The project is running to plan and has also received positive support from local people."
 
Lindab Building Systems currently has three factories situated in Luxembourg, the Czech Republic and Hungary, and produces up to 1000 buildings a year.
 
 
Ends
 
 
Contacts:
 
LINDAB
Kjell Åkesson, CEO
Tel. +46 (0)431 850 00 / 850 07
 
Lindab Buildings Systems Division
David BRODETSKY, Managing Director
Tel +352 621 260 645
 
 
Support material:
 
Photo: Lindab's CEO Kjell Åkesson lays concrete in the foundation
 
About Lindab:
 
Lindab is an international group that develops, manufactures and markets sheet metal products and system solutions for the construction sector.
 
The two business areas, Profile  and Ventilation offer complete solutions for construction systems and indoor climate, as well as individual construction and ventilation components for all types of buildings.
 
Lindab is listed on the Stockholm Stock Exchange, Nordic Mid Cap under the ticker "LIAB".
 
The Lindab group has approximately 4,900 employees in 29 countries and generated sales of SEK 7,609 million in 2006.  Its head office is located in Grevie near Bastad in southwestern Sweden. For more information visit www.lindab.com

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