KRONES AG — Regulatory Filings 2002

Jun 27, 2002

News Details

Corporate | 27 June 2002 11:43

Krones AG english

Two Large-Scale Orders for KRONES Subsidiary Steinecker Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– Total Value of the Orders over 47 Million Euros The firm Steinecker GmbH, a subsidiary of the KRONES AG, has been awarded two large-scale orders covering a total order value of approx. 47 million euros. The Mexican brewing concern Cerveceria Cuauhtemoc-Moctezuma S.A. placed an order with Steinecker that is one of the largest orders in the firm’s history with a total volume of nearly 30 million euros. Then the international Asia Pacific Brewery Ltd., a network of 14 breweries in eight Asian countries, awarded a contract to the brewery supplier from Freising that belongs to the KRONES Group to expand the brewery in Bangkok, Thailand. The Thai Asia Pacific Bangkok Brewery will invest about 17 million euros in the construction of the new brewing plant in order to double its annual beer output to more than two million hectolitres. The Thai group is profiting from the current strong trend toward beer in its country, a trend that is apparent from the statistics. The business report of the concern shows an increase in profits for Thailand of 33 percent. Steinecker will deliver a complete brewhouse as well as fermenting, storage and filter cellars to the capital of Thailand – including the newly developed candle filter, Twin Flow System, for beer filtration. The KRONES AG will complement the new construction and will install an additional filling line in the already existing KRONES filling plant. For further information: Anton Steinecker Maschinenfabrik GmbH http://www.steinecker.com Phone: ++49+8161-953 105 Fax: ++49+8161-953 151 mailto:info@steinecker.com end of message, (c)DGAP 27.06.2002