Panevezio Statybos Trestas

Regulatory Filings • Nov 17, 2011

Disclosure 295288

Panevezio Statybos Trestas AB - Notification on material event

PST Has Signed the Contract for Final Works in Section A in the Palace of the Grand Dukes

On 16 November 2011 General Partnership of AB Panevežio statybos trestas and partners, Vilniaus papėdė, has signed the contract with VĮ Vilniaus pilių direkcija for performance of final construction works in Section A in the Palace of the Grand Dukes of the Vilnius Lower Castle which amounts 29,262,289 Litas. Completion of works is scheduled for May 2013. About PST AB Panevėžio statybos trestas is one of the largest construction companies in Lithuania which in terms of performance stability is among the top ones. The company is certified in accordance with the international quality standards and requirements of environmental management systems. In 2007 performance of the company was evaluated by the National Quality Award. PST has long-term experience in construction of industrial buildings. The most reliable specialists were the first in Lithuanian to start using the modern sliding formwork technology in implementation of sophisticated projects. In 2008 the company was awarded the gold medal of The Lithuanian Product of the Year for construction of the Combined Cycle Power Plant in Panevėžys. In 2009 the company was awarded the gold medal of The Lithuanian Product of the Year for construction of Multifunctional Sports Arena CIDO ARENA in Panevėžys. In 2010 the company was awarded the gold medal of The Lithuanian Product of the Year for construction of Waste Water Treatment Plant in Tauragė. At present PST is successfully performing and expanding its activities in Lithuania, Kaliningrad, the United Kingdom and Scandinavia. Dalius Gesevičius, Director General Further info by tel.: 8 45 505 503