Systemair received an order to Delhi airport
March 4, 2009, 14:00
Regulatory information
Systemair received an order to Delhi airportThe ventilation company Systemair received a large order for Terminal 3 that isunder construction at Delhi Indira Gandhi International airport. The orderincludes different types of fans to a value of approx. 470,000 EUR.The fans are delivered from Systemair's production plants in Sweden, Germany,Slovenia and Singapore. Some products will be assembled at Systemair India's newpremises in Alwar, that was inaugurated in February this year. - This is a breakthrough for us on the Indian market, says Svein Nilsen, vicepresident sales & marketing in Systemair. - Our broad product range has made itpossible for us to get the project. The order value will probably increase as wehave also received additional inquiries for fans. With the construction of Terminal 3, Delhi's airport will be one of the largestin Asia. The terminal will have 75 gate bridges and 160 check-in counters.Inauguration is estimated to take place in March 2010.För ytterligare information kontakta: Svein Nilsen, vice president sales&marketing, +47 930 627 00, svni@systemair.se Gerald Engström, CEO, +46 705 190 001, geen@systemair.se Systemair in briefSystemair is a leading ventilation company with operations in 38 countries inEurope, North America, the Middle East, Asia,Africa and Australia. In the2007/08 financial year, the Company had sales of approximately SEK 3.1 billionand currently employsabout 1,950 people. Since it was founded in 1974, the Company has increasedsales every year and at the same time reported an operating profit. During thepast three years, the Company's growth rate has averaged roughly 18 percent. TheGroupcomprises about 50 companies.Systemair has well-established operations in growth markets. The Group'sproducts are marketed under the Systemair, Frico, VEAB and Fantech brands.Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchangein Stockholm since October 2007.