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Lemminkäinen wins a contract to build a residential building in Tampere

LEMMINKÄINEN CORPORATION PRESS RELEASE 12 DECEMBER 2012 AT 9.30 A.M. LEMMINKÄINEN WINS A CONTRACT TO BUILD A RESIDENTIAL BUILDING IN TAMPERE Lemminkäinen has secured a contract for the construction of a residential building in the Niemenranta area in Tampere. The building will be built under a contractual arrangement known as 'a French contract', whereby the commissioner of the project determines the price level with suppliers competing on the basis of quality. The hous

LEMMINKÄINEN CORPORATION         PRESS RELEASE             12 DECEMBER 2012 AT 9.30 A.M.

LEMMINKÄINEN WINS A CONTRACT TO BUILD A RESIDENTIAL BUILDING IN TAMPERE

Lemminkäinen has secured a contract for the construction of a residential building in the Niemenranta area in Tampere. The building will be built under a contractual arrangement known as 'a French contract', whereby the commissioner of the project determines the price level with suppliers competing on the basis of quality. The house, a six-storey low-energy building named VTS-Aurinkokurki, has been commissioned by Tampereen Vuokratalosäätiö, a development foundation for tenant housing. Already underway, construction is scheduled for completion at the end of 2013. The total value of the contract is about EUR 7 million.

VTS-Aurinkokurki will have 65 apartments, with a combined floor space of 3,389.5 m2. The project will benefit from an interest subsidy, enabling a lower rent level compared with non-subsidised tenant housing.

LEMMINKÄINEN CORPORATION

Corporate Communications

ADDITIONAL INFORMATION:
Timo Ristamäki, Procuction Manager

Building Construction business segment, Tampere
Tel. +358 2071 57932
timo.ristamaki@lemminkainen.com

DISTRIBUTION:
Media in the Pirkanmaa region
www.lemminkainen.com


Lemminkäinen Group operates in all areas of the construction sector. The Group's operations are organised into four business segments: building construction, infrastructure construction, technical building services and international operations. Net sales in 2011 were about EUR 2.2 billion, of which international operations accounted for roughly a third. The Group employs 8,000 people on average. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki.  www.lemminkainen.com