Regulatory Filings • Dec 2, 2008
Regulatory Filings
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Corporate | 2 December 2008 12:40
GEA Group AG: GEA Mechanical Separation powers the Middle East
GEA Group Aktiengesellschaft / Contract/Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
Bochum/Oelde, 2 December 2008 – The Mechanical Separation Division of GEA
Group Aktiengesellschaft has received two major orders from the Middle East
with an aggregate volume of EUR 16 million. The contracts are for the
supply of complete fuel treatment systems for power generation purposes
based on gas turbines utilizing liquid fuels.
The system solutions designed and engineered by GEA Westfalia Separator
will desalt, separate water and remove impurities from the crude oil that
is used as primary fuel. Furthermore, the fuel will be conditioned in terms
of temperature and pressure in order to assure continuous and reliable fuel
supply of the gas turbines.
Both applications mark another milestone in the Middle East where GEA
Westfalia Separator enjoys an excellent reputation due to numerous
successfully executed projects over the last years. The key factor of the
sustainable success of GEA in this region is the ability to supply
customized system solutions that are able to fulfill the complex
requirements of fuel treatment in the field of power generation. By the end
of 2009 both projects will be finalized.
GEA Group Aktiengesellschaft is Germany's largest listed mechanical
engineering group. As an internationally operating technology group, the
company concentrates on specialty mechanical engineering with a focus on
process technology and components. Consolidated sales amounted to EUR 5.2
billion in 2007. The Group generated over 50 percent of its sales in the
high-growth food processing and beverages industries. The company's
workforce comprised over 21,000 employees based in 50 countries as of
September 30, 2008. The GEA Group ranks as a market and technology leader
in 90 percent of its business areas. GEA Group is listed in the German MDAX
share index (G1A, WKN 660200).
02.12.2008 Financial News transmitted by DGAP
Language: English
Issuer: GEA Group Aktiengesellschaft
Dorstener Straße 484
44809 Bochum
Deutschland
Phone: +49 (0)234 980-0
Fax: +49 (0)234 980-1004
E-mail: [email protected]
Internet: www.geagroup.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Düsseldorf, Hamburg, München; Freiverkehr in Hannover,
Stuttgart
End of News DGAP News-Service
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