LEMMINKÄINEN CORPORATION PRESS RELEASE 30.3.2012, at 15.30 PM
LEMMINKÄINEN WINS CONTRACTS WORTH 16 MILLION EUROS IN KOTKA, FINLAND
Lemminkäinen has won two contracts included in the construction project for the Eskola nursing home for the elderly in Kotka, Southeastern Finland. The first contract includes the construction of two new nursing homes with accommodation for 120 people requiring intensive nursing home care. The second contract comprises the renovation and expansion of the existing property that houses a home for the elderly. The finished property will have 90 assisted living units. The client is MVH-Asunnot Oy. The total value of the two contracts is about EUR 16 million. The work will commence in April 2012 and will be completed in September 2014.
The two contracts won by Lemminkäinen strengthen Lemminkäinen's position as a builder of nursing homes in the Southeastern Finland.
Kimmo Vanhala, Regional Manager
Lemminkäinen Talo Oy
Tel. +358 2071 54226
Chairman of the Board Janne Järvenpää
Tel. +358 75 755 5551
NASDAQ OMX Helsinki
Lemminkäinen Group operates in all areas of the construction sector. The Group's business sectors are 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 one third. The Group employs an average of 8,400 people. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com