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GEA Group AG
Earnings Release • Feb 14, 2012
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Earnings Release
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Corporate | 14 February 2012 14:25
GEA Group Aktiengesellschaft: GEA receives orders worth more than 25 MEUR from the energy sector
GEA Group Aktiengesellschaft / Key word(s): Miscellaneous
14.02.2012 / 14:25
GEA receives orders worth more than 25 MEUR from the energy sector
Düsseldorf, February 14, 2012 – GEA has received orders worth more than 25 MEUR for the manufacturing and installation as well as for the service of cooling equipment from Asia, Africa and Western Europe. These orders will be handled by the segment GEA Heat Exchangers.
In the Philippines, GEA will supply Air Cooled Condensers for the expansion of a refinery. The order comes from a leading Korean Engineering, Procurement and Construction (EPC) company. Another order came from a leading Chinese EPC company for a cooling tower in a coal-fired power plant in India. Yet another order comes from South Africa, where GEA will design, manufacture and install the feed water heater for a coal-fired power plant. In addition, a substantial order for cooling tower service has been received from a Western European Power plant.
'These orders underline the global competitiveness of our segment GEA Heat Exchangers. Their global orientation as well as new initiatives in the service area are clearly pay off,' says Juerg Oleas, CEO of GEA Group AG.
About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers of process technology and components for the food and energy industries. As an international technology group, the Company focuses on sophisticated production processes. In 2011, GEA generated consolidated revenues in excess of EUR 5.4 billion, 70 percent of which came from the food and energy sectors, which are long-term growth industries. The group employed about 23,000 people worldwide as of December 31, 2011. GEA Group is a market and technology leader in its business areas. It is listed in Germany's MDAX stock index (G1A, WKN 660 200). Further information is available on the Internet at: www.geagroup.com .
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GEA Group Aktiengesellschaft
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Fax +49 (0)211 9136 31087
www.geagroup.com
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| Language: | English |
| Company: | GEA Group Aktiengesellschaft |
| Peter-Müller-Straße 12 | |
| 40468 Düsseldorf | |
| Germany | |
| Phone: | +49 (0)211 9136-0 |
| Fax: | +49 (0)211 9136-31087 |
| E-mail: | [email protected] |
| Internet: | www.geagroup.com |
| ISIN: | DE0006602006 |
| WKN: | 660200 |
| Listed: | Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, München; Freiverkehr in Hannover, Stuttgart |
| End of News | DGAP News-Service |
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| 156665 14.02.2012 |