LEMMINKÄINEN CORPORATION INVESTOR NEWS 5 SEPTEMBER 2012 AT 1.15 P.M
LEMMINKÄINEN SECURES A MAJOR TECHNICAL BUILDING SERVICES CONTRACT IN ST. PETERSBURG
Lemminkäinen has signed a major contract with NCC for the delivery of technical building services for two residential buildings, undertaken for construction by NCC on the north-eastern outskirts of the city. The parties have agreed not to disclose the contract price.
Lemminkäinen will take care of electrical work for Öland 1, and deliver all technical building services for the second building, Öland 2. The contract covers the construction of approximately 1,000 residential units, with a combined floora area of 60,000 m2. Work on the two sites is already underway, with Öland 1 scheduled for completion during 2013, and Öland 2 the following year.
"The contract is a testimony to our competence, and it gives us the opportunity to continue our successful collaboration with NCC," says Tarmo Hiltunen, Regional Director at Lemminkäinen.
Lemminkäinen has offered technical building services in the Russian market since 1994.
Regional Director, Tarmo Hiltunen
Technical Building Services business segment
Tel. +358 400 863 902
NASDAQ OMX Helsinki
Lemminkäinen Group operates in all areas of the construction sector. The Group's operations are organised into four business segments: building construction, infrastructure construction, technical building services and international operations. Net sales in 2011 were about EUR 2.3 billion, of which international operations accounted for roughly a third. The Group employs 8,400 people on average. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com