Lemminkäinen's order book strengthened in the Baltic Countries
LEMMINKÄINEN CORPORATION PRESS RELEASE 04.06.2012 AT 2 PM
LEMMINKÄINEN'S ORDER BOOK STRENGTHENED IN THE BALTIC COUNTRIES
Over the course of the spring, Lemminkäinen strengthened its order book in Latvia, Lithuania and Estonia with new infrastructure construction projects. The aggregate value of these projects is around 44 million euros, of which Lemminkäinen's share is 21 million euros.
In Latvia, Lemminkäinen will participate in the renovation of road A-10 between Riga and Ventspils. The work is scheduled for completion in late 2012.
Lemminkäinen's customer in Lithuania is the Lithuanian Road Administration, which has signed a contract for the company's completion of the first phase of the Priekule bypass. The work is to be completed in spring 2014.
In Estonia, Lemminkäinen will participate in the foundation work for a military technology park in the town of Tapa, to be finished in late winter 2013. In addition, Lemminkäinen will engineer the eastern bypass for the City of Tartu, due for completion in spring 2015.
Area Director, Baltic Countries
Lemminkäinen International Oy
Tel. +358 400 633 451
NASDAQ OMX Helsinki Oy
Lemminkäinen Group operates in all areas of the construction sector. The Group's business sectors are building construction, infrastructure construction, technical building services and international operations. Net sales in 2011 were about EUR 2.3 billion, of which international operations accounted for roughly one third. The Group employs an average of 8,400 people. Lemminkäinen Corporation's share is quoted on NASDAQ OMX Nordic Exchange Helsinki. www.lemminkainen.com