Regulatory Filings • Mar 16, 2009
Regulatory Filings
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SW Umwelttechnik - a Vienna listed family firm with its core markets in Central and Southeastern Europe (CSE) - has recorded a further increase in order books. The environmental technology group's Water Conservation business sector has won further major contracts in its core Austrian, Hungarian and Romanian markets. And despite weak construction activity in Hungary, the Infrastructure sector has booked project orders. Meanwhile SW Umwelttechnik has again increased its share of the Romanian market in recent months.
The need to meet EU environmental standards is leading to rapid upgrading of Romania's water supply and wastewater disposal infrastructure. SW Umwelttechnik has won a EUR1.5m order to supply 3 km of jacking pipes and about 1,000 manholes for a sewerage project in Baneasa, a suburb of Bucharest. Work is due to begin at once and is expected to be completed towards the end of 2010.
The Infrastructure sector has booked a EUR0.8m order related to modernisation of the railway network. SW Umwelttechnik will supply a drainage system for the Campina-Predeal section of the Bucharest-Brasov line. And despite the harsh economic backdrop in Hungary the Infrastructure sector is also executing two new projects there. SW Umwelttechnik has won an EUR1m order from E.ON to supply electricity masts for a project due for completion in May 2010. And the industrial and commercial building segment of the market came to life with a EUR0.3m order for a shopping centre and multi-storey car park in Debrecen.
At the end of February order backlog was a satisfactory EUR41m compared with EUR45 a year earlier. Romania was already the largest market, accounting for 45% of the total, followed by Hungary (33%) and Austria (unchanged at 10%). Due to growing municipal investment in infrastructure, which is also set for a boost from planned stimulus packages, SW Umwelttechnik is looking for a stable financial performance this year.
Founded in 1910, SW Umwelttechnik remains a family business, though it has been listed on the Vienna Stock Exchange since 1997. The group is known for its commitment to sustainable enterprise and rapid expansion in Central and Southeastern Europe (CSE). Its innovative environmental engineering products are contributing to infrastructure renewal in CSE.
Further inquiry note: Dr. Bernd Wolschner Member of the Management Board Tel: +43 (0)7259 31350
Fax: +43 (0)463 37667
Michaela Werbitsch Investor Relations Tel: +43 (0)664 8117662 Fax: +43 (0)463 37667 E-mail: [email protected] Web: www.sw-umwelttechnik.com
| emitter: | SW Umwelttechnik Stoiser & Wolschner AG | |
|---|---|---|
| Bahnstraße 87-93 | ||
| A-9020 Klagenfurt | ||
| phone: | 0043-463-321090 | |
| FAX: | 0043-463-37667 | |
| mail: | [email protected] | |
| WWW: | http://www.sw-umwelttechnik.com | |
| sector: | Technology | |
| ISIN: | AT0000808209 | |
| indexes: | ||
| stockmarkets: | ||
| language: | English | |
| Aussendung übermittelt durch euro adhoc |
|---|
| The European Investor Relations Service |
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