GEA Group AG

Business and Financial Review • Jun 9, 2011

News Details

Corporate | 9 June 2011 09:30

GEA Group Aktiengesellschaft: GEA supplies air coolers worth more than 26 MEUR to the oil and gas industry in the Middle East

GEA Group Aktiengesellschaft / Key word(s): Miscellaneous

09.06.2011 / 09:30

Düsseldorf, June 9, 2011 - GEA Group received an order worth more than 26
MEUR for the design, manufacturing and supply of Air Fin Coolers for a gas
processing facility in Qatar. GEA has a long and proven track record of
supplying air coolers to the oil and gas industry in the region. Due to
scarce water resources, air cooling becomes increasingly important for many
plants in the industry.

'This new order shows that the late cyclical business in the oil and gas
industry picks up again' says Jan Siebert, President of the Segment GEA
Heat Exchangers.

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 2010, GEA generated consolidated revenues in
excess of EUR 4.4 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 March 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).

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Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.geagroup.com

End of Corporate News

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Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Deutschland
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: ir@geagroup.com
Internet: www.geagroup.com
ISIN: DE0006602006
WKN: 660200
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München; Freiverkehr in Hannover,
Stuttgart

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