Alfa Laval Wins Power Order in Russia Worth SEK 50 million
Posted on August 20, 2008 – 11:03 am | by oilandgaspress.com
Regulatory News:
Alfa Laval (STO:ALFA) – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for plate heat exchangers from a company in the growing Russian power industry. The order value is about SEK 50 million. Delivery is scheduled for 2009.
“Some 50 percent of Alfa Laval’s order intake during the first half of 2008 derives from the fast growing regions of Eastern Europe, Asia and Latin America,” says Lars Renström, President and CEO of the Alfa Laval Group. “Russia is definitely one of the engines behind this development. We continue to expand our presence in the country to meet the demand from the energy, environment and food markets.
Did you know that Alfa Laval opened its first office in Russia already in 1903? Today the company has 15 sales offices in Russia of which five are located east of the Ural Mountains. During the last years Alfa Laval has had double digit, profitable growth in Russia and annual sales is about SEK 1 billion.
About Alfa Laval
Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling. The company’s equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol. Alfa Laval’s products are also used in power plants, aboard ships, in the mechanical engineering industry, in the mining industry and for wastewater treatment, as well as for comfort climate and refrigeration applications. Alfa Laval’s worldwide organization works closely with customers in nearly 100 countries to help them stay ahead in the global arena. Alfa Laval is listed on the Nordic Exchange, Nordic Large Cap, and, in 2007, posted annual sales of about SEK 25 billion (approx. 2.7 billion Euros). The company has some 11,500 employees. www.alfalaval.com
Alfa Laval AB (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.30 on August 20, 2008.
This information was brought to you by Cision http://newsroom.cision.com
Contacts
Alfa Laval
Peter Torstensson
Senior Vice President, Communications
Tel: + 46 46 36 72 31
Mobile: +46 709 33 72 31
or
Gabriella Grotte
Investor Relations Manager
Tel: +46 46 36 74 82
Mobile: +46 709 78 74 82
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Tags: Alfa Laval, Asia and Latin America, centrifugal separation, Eastern Europe, heat transfer, Russia
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