Eastern European Markets
September 14, 2006

Lemcon to build mill for stora Enso in Russia

Lemcon Ltd of the Lemminkäinen Group has signed a project management agreement with Stora Enso Packaging Oy’s Russian subsidiary concerning the construction of 26,000 m2 corrugated board mill in Russia. The mill will be built in the town of Lukhovitsy, which is situated 130 kilometres south-east of Moscow. The work in Lukhovitsy will start immediately, and the mill will be completed at the end of 2007. The contract is worth EUR 20.1 million.

This will be Stora Enso’s third corrugated board mill in Russia. Earlier projects completed by Lemcon for Stora Enso in Russia have included the Impilahti and Nebolchi sawmills and a corrugated board mill at Arzamas. These projects were completed in 2003-2004.

"The wood processing industry has a lot of investment plans in Russia for the coming years. Lemcon’s standing as a builder on this market is good", states Lemcon Ltd’s Managing Director
Matti A. Mantere.

Matti Aalto
Chief Information Officer

For further information
Export Director Juha Höyhtyä
Lemcon Ltd
Tel. +358 40 537 5032
Helsinki Stock Exchange, key media

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