LEMMINKÄINEN CORPORATION PRESS RELEASE 13.9.2010, 10.00
LEMMINKÄINEN TO BUILD HOUSING FOR VVO IN VANTAA
Lemminkäinen is to construct four apartment buildings for VVO in the Veromies
district of Vantaa. The buildings will comprise altogether 150 rental housing
units. The contract is worth approx. EUR 15 million. Construction work at
Pyhtäänkorvenkuja 4-6 in Veromies will start in September 2010 and the
buildings will be completed in February 2012. Lemminkäinen is already building
five apartment buildings comprising 153 rental housing units for VVO on the
nearby site of Pyhtäänkorventie 21. That project began a year ago.
The emphasis in residential building construction over the past two years has
been on rental housing production. During the first six months of this year in
Finland, Lemminkäinen has made starts on 422 rental housing units and 323 units
in its own residential developments.
VVO is Finland´s largest national provider of housing services.
Director Jarmo Lempiäinen
Lemminkäinen Talo Oy Pääkaupunkiseutu
Tel. +358 2071 58012
NASDAQ OMX Helsinki Ltd
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 over a quarter. The Group employs about 8,600 people. Lemminkäinen
Corporation's share is quoted on NASDAQ OMX Helsinki Ltd. www.lemminkainen.com