September 26th, 2007
Lemcon builds labelstock factory for UPM Raflatac in Poland
Lemcon Ltd, a member of Lemminkäinen Group, has signed an agreement with UPM Raflatac concerning the construction of a labelstock factory in Poland. The factory will be located in Kobierzyce near Wroclaw in south-western Poland. Lemcons contract includes construction works for a production building comprising of production, warehousing and office facilities as well as complete site infrastructure. The value of UPM Raflatacs total investment is 90 million Euros.
Construction works, which are being carried out as a project management contract, are already underway and will be completed in December 2008.
Lemcon has been operating in Poland continuously since 1996, focusing on the construction of industrial facilities and logistics centres for international investors.
The contract is a natural progression from a similar plant that we built for UPM Raflatac in China. It fits in well with the companys strategy of managing the industrial investment projects of internationalising Finnish companies, says Lemcon Ltds Vice President Klaus Tervilä.
Lemcon Ltd is Lemminkäinen Group's international project contractor, which derives half of its net sales from operations abroad. In Finland the company focuses on demanding infrastructure contracts and project management contracting. The company operates as a project contractor and telecommunications network builder in Europe, the Americas and Asia.
About Lemminkäinen Group
Lemminkäinen Group operates in all areas of the construction sector. Its main business areas are building contracting, infrastructure construction, the building materials industry and technical building services. Net sales in 2006 were EUR 1,795.9 million, of which international operations accounted for about a third. The Group employs some 8,500 people. Lemminkäinen's share is listed on Helsinki Stock Exchange.
Vice President, International Operations
Tel. +358 400 815 971
Country Manager, Poland
Lemcon Polska Sp.z o.o.
Tel. +48 605 298 976
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