LEMMINKÄINEN CORPORATION INVESTOR NEWS 23 JANUARY 2017 AT 1:30 P.M.
LEMMINKÄINEN SIGNS A CONTRACT FOR THE CONSTRUCTION WORK OF VERMONTIE SOUTH IN FINLAND
Lemminkäinen and the City of Espoo have signed a contract on the construction work of Vermontie south and its minor streets. The construction work will begin in February 2017 and be completed at in October 2018. The value of the contract is approximately EUR 14.5 million.
The contract will cover the construction and foundation reinforcement of Vermontie south and its minor streets. Some of Monikonpuro brook will be redirected, and three bridges will be constructed across Monikonpuro.
The contract falls into the project of developing the Leppävaara area and constructing a new city district for 5,000 residents between Perkkaa and Vermo Race Track. The construction of Vermontie south will improve the traffic arrangements in the area.
Executive Vice President, Infra projects
Tel: +358 2071 53394
Lemminkäinen is an expert in complex infrastructure construction and building construction in Northern Europe and one of the largest paving companies in its market. Together with our customers and the 4,800 professionals we employ, we build a sustainable society. In 2015, our net sales were EUR 1.9 billion. Lemminkäinen Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com