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Lindab has been selected to supply ventilation equipment for a defence system to protect Venice from flooding


December 22, 2011 - London

 MOSE is a system for defending Venice from high waters. Lindab will provide the ducts and ventilation system for the "Bocca di Lido Treporti" barrier.

MOSE, which protects Venice and its lagoon from high waters, is at an advanced stage of construction.This hi-tech project is part of an important physical and environmental recovery plan for the entire lagoon. The complex measures for the protection of the lagoon are being undertaken ​​by the Consorzio Venezia Nuova on behalf of the Italian State (Ministry of Infrastructure and Transport - Venice Water Authority).

Lindab has been selected to supply special fire-proof ventilation ducts and fittings in stainless steel. The order value exceeds SEK 10 m and the deliveries will be carried out in two phases. The first and largest part will be delivered before the end of the first quarter 2012. The next phase will be carried out once the underwater barrier has been constructed, expected to start in September 2012.

Lindab's Business Area Manager, Ventilation, Nils-Johan Andersson comments:

"We are very pleased to be involved in this is extraordinary project. Ventilation represents only a small part, yet every detail must be made to the very highest standards. Lindab has a wealth of experience from complex projects, and we were able to demonstrate our competence in optimising the ventilation system as well as contributing to the implementation of rigorous fire tests."

End

 

The information here is that which Lindab International AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act.

 

Contacts:

LINDAB

David Brodetsky, CEO
Email: david.brodetsky@lindab.com
Mobile: +46 (0)73 274 5418

Nils-Johan Andersson, Business Area Manager, Ventilation
Email : nils-johan.andersson@lindab.com
Mobile:+46 (0)70 668 5075

 

More information about the MOSE project:

This hi-tech project is part of an important physical and environmental recovery plan for the entire lagoon, which links the defence of the historic - architectural heritage of Venice and the lagoon ecosystem, integrating protection from high waters with the lagoon heritage rehabilitation.

The mobile barriers of MOSE are intended to defend the lagoon area from high waters, including extreme events that have become increasingly frequent and intense in recent decades due to the changed relationship between water and soil in the lagoon of Venice. The dams are formed through rows of mobile gates; structures that are independent of each other and consist of metal boxes attached to their housing with two "hinges". During normal tidal conditions, the gates rest at the bottom filled with water, completely invisible and without affecting the flow of water between the sea and lagoon. In the event of danger, compressed air enters, evacuating the water and causing the gates to rise to the surface, where they block the incoming tide from entering the lagoon remain there for the duration of the high tide.

Source: Ministero delle Infrastrutture e dei Trasporti - Magistrato alla Acque di Venezia - tramite il suo concessionario Consorzio Venezia Nuova "

http://en.wikipedia.org/wiki/MOSE_Project

http://www.youtube.com/watch?v=7HMVT8OMPA4&feature=youtube_gdata_player

Lindab - A Ventilation and Building Products company:

Lindab develops, manufactures, markets and distributes products and system solutions primarily in steel for simplified construction and improved indoor climate.

The business is carried out within three business areas, Ventilation, Building Components and Building Systems. The products are characterised by their high quality, ease of assembly, energy efficiency, consideration towards the environment, and are delivered with high levels of service. Altogether, this increases customer value.

The Group had net sales of SEK 6,527 m in 2010, was established in 31 countries and had approximately 4,400 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2010, the Nordic market accounted for 45 percent, CEE/CIS (Central and Eastern Europe as well as other former Soviet states) for 22 percent, Western Europe for 29 percent and other markets for 4 percent of total sales.

The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For more information visit www.lindabgroup.com




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Lindab International AB via Thomson Reuters ONE

HUG#1573147

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