Publication of Lemminkäinen Corporation's Financial Statements bulletin for the year 2017
LEMMINKÄINEN CORPORATION PRESS RELEASE 7.6.2010, 12.45 LEMMINKÄINEN ACQUIRES NEW RESIDENTIAL DEVELOPMENT IN ST. PETERSBURG Lemminkäinen has acquired a residential development currently under construction in Ozerki, a district in the north of St Petersburg. The site will comprise some 200 apartments with a combined floor area of 15,000 m2 as well as 600 m2 of commercial premises. The construction work will be completed in autumn 2011 and sales of housing units will commence in the autumn of th
LEMMINKÄINEN CORPORATION PRESS RELEASE 7.6.2010, 12.45 LEMMINKÄINEN ACQUIRES NEW RESIDENTIAL DEVELOPMENT IN ST. PETERSBURG Lemminkäinen has acquired a residential development currently under construction in Ozerki, a district in the north of St Petersburg. The site will comprise some 200 apartments with a combined floor area of 15,000 m2 as well as 600 m2 of commercial premises. The construction work will be completed in autumn 2011 and sales of housing units will commence in the autumn of this year. In accordance with its strategy Lemminkäinen is seeking to exploit the growth of Russia's construction markets. The Company aims to increase the volume of its own residential and non-residential building production in parallel with its traditional contracting business. This new development will complement Lemminkäinen's offering of housing to St. Petersburg's middle-class home buyers. Lemminkäinen Group's international building construction company, Lemminkäinen Talo Oy International, will be responsible for the construction works. LEMMINKÄINEN CORPORATION Corporate Communications ADDITIONAL INFORMATION: Juha Vättö Regional Director Lemminkäinen Talo Oy International Tel. +358 400 558 164 Juha Höyhtyä Managing Director Lemminkäinen Talo Oy International Tel. +358 40 537 50 32 DISTRIBUTION: NASDAQ OMX Helsinki Ltd. Key media www.lemminkainen.com Lemminkäinen Group operates in all areas of the construction sector. The Group's business sectors are Building Construction, Infrastructure Construction, Technical Building Services, and Building Products. Net sales in 2009 were approx. EUR 2.0 billion, of which international operations accounted for about one fifth. The Group employs about 8,600 people. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com