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Lemminkainen Oyj Signs Contract for Installation of Process Equipment at Paroc Group Factory in Russia


Wednesday, 13 Feb 2013 07:30am EST 

Lemminkainen Oyj announced that the Company and Paroc Group have agreed on the installation of process equipment at Paroc Group's new production facility, undergoing its first construction phase. The production facility is located in Tver, to the north west of Moscow, Russia. Work on the site is already under way, with the completion scheduled for the end of August 2013. The new contract covers the installation of process equipment, piping, as well as electricity. The Company and Paroc Group have already agreed that the Company will undertake the first phase of the facility construction as a project management project. Financial terms of the contract were not disclosed. 

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