Publication of Lemminkäinen Corporation's Financial Statements bulletin for the year 2017
LEMMINKÄINEN CORPORATION PRESS RELEASE 1.8.2007 Lemminkäinen Group's Lemcon Ltd has won significant new construction contracts in Russia. Lemcon and H+H International A/S, a Danish manufacturer of lightweight concrete elements, have signed an agreement to build a 13,500 m2 lightweight concrete production plant some 75 kilometres southwest of St. Petersburg in the Volosovo distric
LEMMINKÄINEN CORPORATION PRESS RELEASE 1.8.2007 Lemminkäinen Group's Lemcon Ltd has won significant new construction contracts in Russia. Lemcon and H+H International A/S, a Danish manufacturer of lightweight concrete elements, have signed an agreement to build a 13,500 m2 lightweight concrete production plant some 75 kilometres southwest of St. Petersburg in the Volosovo district of Leningrad Oblast. An office and logistics centre of approx. 10,000 m2 is to be built in Moscow for Tikkurila, the company responsible for Kemira Group's paints and coatings business. Lemcon will also carry out the technical construction works for the enlargement of Nokian Tyres's production plant in St. Petersburg. The gross floor area of the plant extension is 33,000 m2. The combined value of the new construction contracts is approx. EUR 40 million. Work has already begun on the building sites and the contracts will be completed during 2008. ”The growth of industrial investments in Russia is significantly boosting demand for Lemcon's special expertise in the country,” says Lemcon's Export Director Juha Höyhtyä. LEMMINKÄINEN CORPORATION Corporate Communications ADDITIONAL INFORMATION: Export Director Juha Höyhtyä Lemcon Ltd. Tel. +358 40 537 5032 juha.hoyhtya@lemcon.fi Lemcon Ltd is Lemminkäinen Group's international project contractor, which derives half of its net sales from operations abroad. In Finland the company focuses on demanding infrastructure contracts and project management contracting. The company operates as a project contractor and telecommunications network builder in Europe, the Americas and Asia. Lemminkäinen Group operates in all areas of the construction sector. Its main business areas are building contracting, infrastructure construction, the building materials industry and technical building services. Net sales in 2006 were EUR 1,795.9 million, of which international operations accounted for about a third. The Group employs some 8,500 people. Lemminkäinen's share is listed on Helsinki Stock Exchange.