BELARUS NEWS AND ANALYSIS

DATE:

28/10/2008

Lindab AB wins EUR8m building systems order in Belarus

Oct 28, 2008 (NORDIC BUSINESS REPORT via COMTEX) -- LNDBF | Quote | Chart | News | PowerRating -- Swedish sheet metal products group Lindab AB (OMX Stockholm:LIAB) said on Tuesday (28 October) that its Building Systems division has received a EUR8m building systems order in Belarus.

The order covers building systems for a railway waggons manufacturing plant 60 kilometres south of Minsk.

"This is a positive sign of continued economic development in the CEE&CIS. The demand for high quality buildings is strong in the region and Lindab Building Systems' one-stop shop capability to deliver complete solutions for complex projects is highly appreciated by our customers," said David Brodetsky, president and CEO of Lindab.

Lindab, headquartered in Grevie, Sweden, develops, manufactures and markets sheet metal products and system solutions for the construction sector. The group has 5,000 employees in 30 countries, and reported sales of SEK9.28bn in 2007.

One British pound (GBP) is worth approximately 12.38 Swedish kronor (SEK).

Source:

http://www.tradingmarkets.com/.site/news/Stock%20News/1974794/

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