SW Umwelttechnik Stoiser & Wolschner AG

EANS-Adhoc: SW Umwelttechnik wins major orders in Hungary and Romania

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order intake


Despite difficult market conditions SW Umwelttechnik - a Carinthia-based  listed family business -  has  won  major  orders   for  its  Infrastructure  and  Water Conservation business sectors worth a total of EUR5.4m.

A slight pick-up in orders for industrial and commercial   construction  products is under way following last year's slump in demand. In August  SW  Umwelttechnik secured orders worth EUR0.8 million (m) for  precast  elements  for  portal frame buildings in Romania. And in Hungary - where demand has plunged  -  the company picked up new and repeat orders valued at EUR1.3m. Meanwhile its quality  products and project management expertise have  won  it  a   follow-up  contract  for  the construction of a shopping centre from a customer  in  Scandinavia that  placed its first order two years ago.

Despite these signs of improvement the company is now increasingly   reliant  for revenue on its Water Conservation business which caters to  local  authorities, rather than its Infrastructure sector which   serves  industrial  and  commercial clients. For example, SW Umwelttechnik will be delivering bell and  spigot,  and jacking pipes worth EUR0.4m for a surface water  drainage  project  in Dunakeszi, Hungary. Work started in August and completion is scheduled for  May 2010.  The company has also landed a EUR0.9m order for slip  joint,   jacking, and  bell  and spigot pipes for the Budapest sewerage system. Construction is scheduled to  run from September 2009 until April 2010.

A EUR0.9m contract to  upgrade  and  expand  the  drinking  water   and wastewater networks  in  Pitesti,  Romania  has  been  signed.   SW Umwelttechnik  will  be supplying 1.3 km of jacking pipes for this EU-supported project. Hungarian  subsidiary  OMS  Hungaria  has  been awarded  the  contract  for  an infrastructure and wastewater project in  the  municipality  of  Újsziulvás,  in central Hungary. The EUR1.1m order is for the engineering design and construction of some 15 km of open drains for the road network and 1.6 km of sewerage   pipes. Work is due for completion by the end of 2009.

SW Umwelttechnik expects the trading environment to remain challenging,  but  is well placed to handle fluctuations in demand thanks to its wide  product  range, diversified customer portfolio and modern production facilities.

Founded in 1910, SW Umwelttechnik remains a family business, though it has  been listed on the Vienna Stock Exchange since 1997.  The   group  is  known  for  its commitment  to  sustainable  enterprise   and  rapid  expansion  in  Central  and Southeastern  Europe  (CSE). Its    innovative    environmental    products    are contributing to infrastructure renewal in CSE.

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ots Originaltext: SW Umwelttechnik Stoiser & Wolschner AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Bernd Wolschner
Member of the Management Board
Tel:      +43 (0)7259 31350
Mobile: +43 (0)664 3413953
Fax:      +43 (0)7259 31356

Michaela Werbitsch
Investor Relations
Tel:      +43 (0)7259 31350
Mobile: +43 (0)664 8117662
Fax:      +43 (0)7259 31356
E-mail: michaela.werbitsch@sw-umwelttechnik.com
Web:      www.sw-umwelttechnik.com

Branche: Technology
ISIN:      AT0000808209
WKN:        910497
Index:    WBI
Börsen:  Berlin / free trade
              Frankfurt / free trade
              Wien / Regulated free trade

Weitere Meldungen: SW Umwelttechnik Stoiser & Wolschner AG

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