Regulatory Filings • May 19, 2010
Regulatory Filings
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Media | 19 May 2010 14:10
GEA Group Aktiengesellschaft: GEA Heat Exchangers receives order for Heller system in Sochi/Russia
GEA Group Aktiengesellschaft / Energy
19.05.2010 14:10
Dissemination of a Media Release, transmitted by
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The issuer is solely responsible for the content of this announcement.
GEA Heat Exchangers receives order for Heller system in Sochi/Russia
Bochum/Sochi, May 19, 2010 - The Bochum based GEA Group Aktiengesellschaft
received an order for the design, supply and erection of a indirect dry
Heller cooling system for Gazprom's new 360MW combined cycle power plant in
the Sochi District/Russia. The order value is within the double digit
million Euro range.
The new power plant is being built within the schedule to upgrade the local
infrastructure for the Olympic winter games 2014 and will at the same time
support the development of the local economy. 'With this order our resource
saving innovative Heller cooling system continues its proven track record
of more than 20 systems that have been sold globally within the last 5
years' says András Balogh, President of the business Unit ACC/Heller within
the segment GEA Heat Exchangers.
In order to increase customer proximity and to reduce complexity, all heat
exchanger activities of GEA Group have been focused in the newly formed
segment GEA Heat Exchangers. Heat exchangers from GEA are used in numerous
applications in the energy and food sector worldwide. The segment provides
the probably widest portfolio of heat exchangers worldwide - from single
components made of finned tubes or plates to entire indirect and direct dry
cooling and condensing systems or cooling towers.
GEA Group Aktiengesellschaft is one of the largest system providers for
food and energy processes with about EUR 4.4 billion in 2009 revenue. As an
internationally operating technology group, the company focuses on process
technology and components for demanding production processes in various end
markets. The group gains about 70 percent of its revenue in the long-term
growing food and energy industries. The company's workforce comprised over
20,000 employees worldwide as of December 31, 2009. GEA Group is a market
and technology leader in its business areas. The company is listed in the
MDAX index (G1A, WKN 660200).
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www.geagroup.com
19.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: GEA Group Aktiengesellschaft
Dorstener Straße 484
44809 Bochum
Deutschland
Internet: www.geagroup.com
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