SWECO increases holding in Lithuanian LSPI

SWECO increases holding in Lithuanian LSPI

SWECO has acquired an additional 29 per cent of the shares in the Lithuanian
consulting engineering company LSPI, bringing its total holding to 99 per cent.

LSPI was acquired in 2006 by SWECO's Lithuanian subsidiary SWECO BKG, which then
became the country's market-leader with 160 consultants. The company offers
services in water and environment, structural engineering, infrastructure,
energy and building service systems. SWECO BKG was recently commissioned to
upgrade and modernise the water supply and sewage systems of 13 cities in
Lithuania. The contract is worth nearly EUR 3.2 million and is expected to take
2.5 years to complete.

SWECO is already a dominant player in Eastern Europe, with local subsidiaries in
Russia, Estonia, Lithuania and Bulgaria, and has also signed an agreement to
acquire Hydroprojekt in the Czech Republic with 270 employees. 

“Today we have strong market positions in the countries of Central and Eastern
Europe. Demand for our services is growing rapidly, particularly in water and
environment but increasingly also in infrastructure and energy. Including the
latest acquisition in the Czech Republic, we now have more than 750 consultants
based in Central and Eastern Europe,” says Per Johansson, Managing Director of
SWECO Eastern Europe.


For additional information contact:
Per Johansson, Managing Director of SWECO Eastern Europe,+46 734 12 66 68,
per.johansson@sweco.se
Fredrik Hedlund, Corporate Communications Director, SWECO, +46 8 695 66 12,
fredrik.hedlund@sweco.se


SWECO is the Nordic region's leading provider of consulting services with
combined expertise in engineering, environmental technology and architecture.
SWECO has 4,500 employees in eight countries and recorded annual sales of around
SEK 3.9 billion in 2006. The company has projects currently under way in some 75
countries worldwide. The SWECO share is quoted on the Stockholm Stock Exchange.