GEA Group AG

Regulatory Filings • Jun 29, 2011

News Details

Corporate | 29 June 2011 09:35

GEA Group Aktiengesellschaft: GEA receives orders worth more than 28 MEUR from the power plant industry

GEA Group Aktiengesellschaft / Key word(s): Miscellaneous

29.06.2011 / 09:35

Düsseldorf, June 29, 2011 - GEA Group Aktiengesellschaft received orders
worth more than EUR 28 million for the design, manufacturing and supply of
2 Air Cooled Condensers in Mexico and China. In Mexico, GEA received the
order for the Air Cooled Condenser for the project Norte II a 433 MW
combined cycle gas fired power plant from the South Korean Engineering
company Samsung Engineering Co. Ltd. GEA already supplied the air cooled
condenser for the first phase of this power plant, Norte I. In China, GEA
will supply the Air Cooled Condenser for the new 4 x 350 MW power plant
that will supply the Tianshan Aluminum plant in Shihezi/Xinjiang with
electricity. The order has been received from Tianshan Al, a Chinese
aluminum producer, a company of the stock listed Hunan Zengshi Group.

'Resource saving technologies like Air Cooled Condensers are becoming
increasingly important in new power plant projects in emerging markets in
Asia and the Americas', stated 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). In addition GEA Group has a sponsored level
I ADR program in the USA.

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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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129858 29.06.2011