LEMMINKÄINEN CORPORATION PRESS RELEASE 25 FEBRUARY 2013 AT 12.00 A.M.
LEMMINKÄINEN WINS TWO INFRASTRUCTURE CONTRACTS IN NORWAY
Lemminkäinen has signed contracts for two infrastructure projects, to be carried out near Bergen and Tisleifjord in Southern Norway.
Lemminkäinen will be participating in a project on the Bergen ring road, whose main contractor is AF Gruppen. Lemminkäinen´s contract includes a bridge, 70 m in length, three technical buildings, and 16 links between two tunnels. Work on the project began in January, with the completion being scheduled for late November 2013. The total value of the contract is about EUR 4 million.
At Tisleifjord Lemminkäinen will renovate an old dam while also building a new power plant on a downstream of the dam. Work begins in April 2013, with the project running until summer 2015. The total value of the contract is about EUR 10 million.
"The fact that we won these contracts is a demonstration of our strong expertise in infrastructure construction, and, in particular, demanding concrete work, as well as an indication of our good reputation in Norway," comments Executive President Vice Henrik Eklund, Lemminkäinen.
Executive Vice President, International Operations business segment
Tel. +358 2071 53313
Risto Kupila, Vice President
Infrastructure Construction business segment
Tel. +358 2071 53608
Lemminkäinen Group operates in all areas of the construction sector. The Group´s business segments are building construction, infrastructure construction, technical building services and international operations. Net sales in 2012 were about EUR 2.3 billion, of which international operations accounted for roughly 40 per cent. The Group employs an average of 8,200 people. Lemminkäinen Corporation´s share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com