Andritz AG

EANS-News: ANDRITZ AG
Arbitration case in Montes del Plata settled

--------------------------------------------------------------------------------
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
--------------------------------------------------------------------------------

Justice/Processes

Graz, April 28, 2015.  ANDRITZ Pulp Technologies Punta Pereira S.A., a 
subsidiary of international technology Group ANDRITZ and Celulosa y Energía 
Punta Pereira S.A. ("CEPP"), a Joint Venture by Stora Enso and Arauco, have 
amicably settled the arbitration proceedings between them in connection with 
several contracts for delivery of equipment and systems for CEPP's Montes del 
Plata pulp mill. The settlement will not have a material effect on the ANDRITZ 
Group's earnings, thus ANDRITZ's earnings expectations for the full year 2015 
remain unchanged.

- End -

The ANDRITZ GROUP 
ANDRITZ is a globally leading supplier of plants, equipment, and services for 
hydropower stations, the pulp and paper industry, the metalworking and steel 
industries, and for solid/liquid separation in the municipal and industrial 
sectors. The publicly listed technology Group is headquartered in Graz, Austria,
and has a staff of almost 25,000 employees. ANDRITZ operates over 250 sites 
worldwide.

Further inquiry note:
Dr. Michael Buchbauer
Head of Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


company:     Andritz AG
             Stattegger Straße 18
             A-8045 Graz
phone:       +43 (0)316 6902-0
FAX:         +43 (0)316 6902-415
mail:     welcome@andritz.com
WWW:      www.andritz.com
sector:      Machine Manufacturing
ISIN:        AT0000730007
indexes:     WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien 
language:   English
 



Weitere Meldungen: Andritz AG

Das könnte Sie auch interessieren: