SW Umwelttechnik Stoiser & Wolschner AG

Regulatory Filings • Jul 6, 1999

News Details

Ad-hoc | 6 July 1999 08:01

Ad hoc-Service: SW Umwelttechnik Wastewater c

Ad-hoc Mitteilung übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich. —————————————————————————— Press release, 6 July 1999 SW Umwelttechnik wins ATS 180 mn Hungarian wastewater contract The Szalkszentmarton-Tas und Akaszto-Csengöd-Tabdi municipal wastewater associations, located some 100 km south of Budapest, have awarded OMS Hungaria Kft the contract for the construction of the complete wastewater disposal system for the local authorities in question. OMS Hungaria Kft, in which SW Umwelttechnik Stoiser & Wolschner AG holds a 51% interest, is the market leader in Hungary for biological wastewater treatment plants up to 15,000 population equivalent (PE) and offers optimized turnkey wastewater disposal systems. The contract, with a total value of ATS 180 mn (EUR 13.08 mn), involves the installation of 150 km of sewerage and two biological wastewater treatment plants for 7,000 PE and 10,000 PE. The project is scheduled for completion by the end of 2000. Among the measures which Hungary must take to qualify for admission to the EU is compliance with EU Directive 91/271/EEC concerning the treatment of municipal wastewater. This will entail increasing the proportion of Hungarian households connected to a biological wastewater treatment plants from its present 55% to 86%. SW Umwelttechnik can also offer, in addition to engineering services OMS Hungaria Kft, the necessary reinforced concrete pipe and shaft systems throughout Hungary, through its local subsidiaries Rocla Hungaria Kft and BVM Mibet Kft. Thanks to these operations SW Umwelttechnik is one of Hungary’s leading suppliers of wastewater disposal and treatment products. Contacts Bernd Wolschner, Member of the Management Board of SW Umwelttechnik Tel: (+43 7259) 31 35; fax: (+43 7259) 31 35 6 Christian Riel, Investor Relations Tel: (+43 463) 321 09 ext. 23; fax: (+43 463) 37 6 67; e-mail: sw_rch@magnet.at Website: www.sw-umwelttechnik.at Ende der Mitteilung