SW Umwelttechnik Stoiser & Wolschner AG

euro adhoc: SW Umwelttechnik Stoiser & Wolschner AG
SW Umwelttechnik expanding in CEE, SEE

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* Green light for new factory in Romania * New pipe works to be built at South Budapest site * Large order for drinking water supply network in Romania

SW Umwelttechnik will be building a production facility for sewerage systems (pipes and shafts) in Romania in 2005. Some EUR2 million (m) are to be invested in the new site in Ortisoara, between Timisoara and Arad, over the next two years. Having gained a foothold in Romania by exporting from Hungary, SW Umwelttechnik is now moving on to a second phase of market development by meeting demand from local capacity. At present it is mainly supplying water conservation products to Romania.

In Hungary, SW Umwelttechnik will be extending its market shares by building an automated pipe works at its South Budapest site. This investment, scheduled for 2005, will double Hungarian capacity, enabling the company to take opportunities to export to neighbouring CEE countries as well as serving the local market. The new factory will also add to SW Umwelttechnik’s competitive edge by enhancing quality standards.

Following the successful completion of a large-scale sewerage project in Romania, SW Umwelttechnik subsidiary OMS Hungária Kft. has won an order for the construction of a drinking water network in the Zalau area, near Cluj. The EUR6m EU-supported scheme involves laying approx. 50 km of pipes, rehabilitating drinking water reservoirs and installing pumping stations. The commencement of works is scheduled for 2005, and completion for 2006.

Outlook Investment plans for 2005 are the next steps in SW Umwelttechnik strategy of extending its footprint in Central and Eastern, and Southeastern Europe. These markets are likely to offer good growth opportunities for the group’s water conservation, infrastructure and renewable energy businesses over the next few years.

end of announcement                                euro adhoc 09.12.2004 07:41:27

Further inquiry note: DI Heinz Wolschner, Vorstand der SW Umwelttechnik Tel.: 0043/463/32109-0, Fax: 0043/463/37667 MMag. Christian Riel, Finanzen/Investor Relations Tel.: 0043/664/4337105, Fax: 0043/1/3688686, mailto:christian.riel@sw-umwelttechnik.at Website: http://www.sw-umwelttechnik.at

Branche: Technology
ISIN:      AT0000808209
WKN:        080820
Index:    WBI, ATX Prime, ViDX
Börsen:  Berliner Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Wiener Börse AG / official dealing

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