LEMMINKÄINEN CORPORATION PRESS RELEASE
LEMCON TO BUILD FOR NOKIA IN INDIA
The Indian subsidiary of Lemminkäinen Groups Lemcon Ltd has
signed a management contract with Nokia Corporations local
subsidiary concerning the construction of a logistics centre in
India. The EUR 17 million contract includes both design and
The logistics centre will be built in an industrial park
established by Nokia near the city of Chennai in southern India.
Work is already under way on the site and the facility will be
completed in summer 2007.
- The Indian construction market is growing strongly. Lemcon has
set up a company in India to serve Finnish and other Western
clients as they invest in the country, says Mr. Matti A. Mantere,
Managing Director of Lemcon Ltd.
The company has previously made construction management agreements
with the Finnish mobile industry in the Chennai area.
Since the early 1990s Lemcon has been involved in the construction
of numerous production, R&D and administrative buildings for Nokia
in Finland, Germany, Hungary and China.
Chief Information Officer
Export Director Klaus Tervilä
Tel. +358 2071 53343, 0400 815 971
Regional Manager Theo Slegt
Tel. +358 2071 53235, 0400 678 113
DISTRIBUTION: Helsinki Stock Exchange, key media