Publication of Lemminkäinen Corporation's Financial Statements bulletin for the year 2017
LEMMINKÄINEN CORPORATION PRESS RELEASE 21.1.2010, 9.30 Lemminkäinen starts construction of interest-subsidised rental housing in Kokkola Lemminkäinen is starting work on the construction of 60 interest-subsidised rental housing units in the immediate vicinity of the 2011 housing exhibition area of Pikiruukki in Kokkola. The two apartment buildings will be constructed by Lemminkäinen Talo Oy Forsström and the clients are Kokkolan Vuokra-Asunnot Oy and Pohjanmaan YH-Asunnot Oy. "Over the past
LEMMINKÄINEN CORPORATION PRESS RELEASE 21.1.2010, 9.30 Lemminkäinen starts construction of interest-subsidised rental housing in Kokkola Lemminkäinen is starting work on the construction of 60 interest-subsidised rental housing units in the immediate vicinity of the 2011 housing exhibition area of Pikiruukki in Kokkola. The two apartment buildings will be constructed by Lemminkäinen Talo Oy Forsström and the clients are Kokkolan Vuokra-Asunnot Oy and Pohjanmaan YH-Asunnot Oy. "Over the past couple of years the emphasis in residential construction starts has been on rental housing. The starts now being made are an extension of the 38 high-quality rental housing units completed this month in connection with the Chydenia Shopping Centre," says Tony Storbacka, Managing Director of Lemminkäinen Talo Oy Forsström. Construction work at Pikiruukki began in December 2009. The first of the apartment buildings will be completed by the end of October 2010 and the other in January 2011. The buildings do not belong to actual housing exhibition area, but they will blend in very harmoniously with its the overall look and feel. "In the coming weeks we will start the off-plan marketing of owner-occupied dwellings to be built in the housing exhibition area. Hopefully, the market for owner-occupied housing will pick up during the coming spring and the project will get off the ground," says Tony Storbacka. LEMMINKÄINEN CORPORATION Corporate Communications ADDITIONAL INFORMATION: Managing Director Tony Storbacka Lemminkäinen Talo Oy Forsström Tel. +358 2071 58707 Project Development Manager Tapio Keiramo Lemminkäinen Talo Oy Forsström Tel. +358 2071 58709 DISTRIBUTION: NASDAQ OMX Helsinki Key media www.lemminkainen.com www.forsstrom.fi 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 2008 were approx. EUR 2.5 billion, of which international operations accounted for over a quarter. The Group employs about 9,000 people. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com Lemminkäinen Group is being renewed. All of Lemminkäinen Talo Oy's regional subsidiaries now operate under one Lemminkäinen brand name. Lemminkäinen Talo Oy Forsström (formerly Byggnads Ab Forsström Rakennus Oy) constructs industrial, commercial and residential buildings, carries out public sector projects, and performs basic renovation and repair works in the economic areas of Kokkola and Pietarsaari. The company's net sales in 2008 were approx. EUR 41 million and it employs about 150 people. www.forsstrom.fi