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Sweco sells Sweco Lenvodokanalproekt in Russia for SEK 26 mln

Monday, 13 Jan 2014 07:00pm EST 

Sweco AB:Says has sold all shares in the Russian subsidiary Sweco Lenvodokanalproekt to BiotechProgress.Says the sales price amounts to about 26 million Swedish crowns.Says Sweco Lenvodokanalproekt operates in the water and environment segment and has around 100 employees.Says for Sweco's presence in Russia, the transaction means that operations will be specialised in services for structural engineering and transport planning. 

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