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Large order to Systemair in Norway

May 18, 2010, 08:30
Regulatory information
The Swedish ventilation company Systemair will deliver ventilation products toDnB NOR´s new head office in Oslo, Norway. The order comprises 80 bigventilation units with energy recovery and the total order value isapproximately 8 MSEK."Norway is our largest market and this is so far the largest order we´ve got inNorway" says Gerald Engström, CEO of Systemair. The new head office of DnB NORis situated opposite the new Opera, next to the Oslo harbor.  Delivery will bemade directly from Systemair´s production plant in Norway, situated north ofGardemoen.For further information please contact:Gerald Engström, CEO, +46 222 440 01, + 46 70 519 00 01Glen Nilsson, CFO, + 46 222 44003, + 46 70 654 40 03Systemair AB, 739 30 Skinnskatteberg, 0222-440 00, www.systemair.comSystemair in briefSystemair is a leading ventilation company with operations in 38 countries inEurope, North America, the Middle East, Asia, Africa and Australia. The companygenerated a turnover in excess of SEK 3.3 billion during the 2008/09 financialyear and has just over 2,200 employees. Since Systemair was founded in 1974, thecompany has increased its turnover every year while also demonstrating goodprofitability. For the past 10 years, average growth has been in the region of15 per cent. The Group comprises about 60 companies.Systemair has a well established presence on growth markets. The Group'sproducts are marketed under the brand names Systemair, Frico, VEAB, and Fantech.Systemair has been listed on the Nasdaq OMX NordicExchange in Stockholm, Midcaplist, since October 2007.[HUG#1416470]