BE Group

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BE Group Sverige AB is to deliver approx 15,000 tons of reinforcing steel to Peab for the construction of the new project Arenastaden in Stockholm

2009-11-20 11:00

BE Group Sverige AB has received the challenging contract to deliver approximately 15,000 tons of reinforcing steel to Peab for the construction of Arenastaden in Solna. The order value for BE Group is estimated to about 100 SEK millions.

BE Group has formed a qualified project organization in order to administer the transaction going forward and the deliveries from BE Group to Peab will mainly consist of pre processed reinforcing steel (cut and bent reinforcing steel) and customized reinforcing mesh.

Thore Andersson, Sales Area Manager Construction in BE Group Sverige AB, gives the following comment about the order:

- This contract is of course a major success for our sales of reinforcing steel and we are grateful for the confidence that we have been given from the orderer, Peab. The contract contains a large amount of service and it is a very challenging and exiting project for our organization and co workers to attend to.

Short information about Arenastaden Arenastaden is about to become the primary destination in Scandinavia for events, shopping, conferences, working, living and recreation. Integrated in Arenastaden Scandinavia's largest arena for events (Swedbank Arena), the largest shopping centre in Scandinavia (Mall of Scandinavia) and one of the largest hotels in Sweden (Quality Hotel) is being built. Above that Arenastaden will have more than 10,000 workplaces and 5,000 residents. Read more at www.arenastaden.se.

Lars Bergström, President and Chief Executive Officer
BE Group AB
Tel. +46 (0) 40 38 42 00
E-mail: lars.bergstrom@begroup.com

Torbjörn Clementz, CFO and Deputy Chief Executive Officer
BE Group AB
Tel. +46 (0) 70 869 07 88
E-mail: torbjorn.clementz@begroup.com

BE Group, listed on the Nasdaq OMX Stockholm, is one of the leading trading and service companies for steel and other metals in Europe. The Group has about 10,000 customers, primarily in the construction and engineering industries. BE Group provides various forms of service for steel, stainless steel and aluminium applications. In 2008, the company reported sales totalling SEK 7.7 billion. BE Group has just under 900 employees in ten countries in northern Europe, where Sweden and Finland are its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com.

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