Cardo wins major order for pumps from desalination plant in Australia Cardo's division Wastewater Technology Solutions has signed a contract to supply and install pumps for a new desalination plant to be built near Adelaide, Australia. The order is worth approximately SEK 20 million. The desalination plant in Adelaide is one of several projects launched in Australia in order to ensure access to drinking water in the future. The plant is estimated, when it is completed in 2010, to account for approximately one quarter of Adelaide's drinking water needs. The pumps, which will be delivered and installed during 2009 and 2010, will pump the desalinated water to the city's drinking water system and water reservoirs. The order will be booked in its entirety during the first quarter. “This is a substantial and significant order for us that shows the breadth and potential our offering as the need for clean water increases in our world,” says Peter Aru, Cardo's President and CEO. Malmö, Sweden, March 31 2009 Cardo AB (publ) For further information, please contact: Peter Aru, President and CEO, tel +46 10-47 47 401 Ulf Liljedahl, CFO and Executive Vice President, tel +46 10-47 47 402 Maria Bergving, SVP Communications and Investor Relations, tel +46 10-47 47 405, +46 70-602 61 81, maria.bergving@cardo.com Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. Operations are pursued in the Group's divisions Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions andResidential Garage Doors. With sales of almost SEK 10 billion and more than 6,000 employees worldwide, Cardo delivers solutions that help to solve some the toughest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.
Cardo wins major order for pumps from desalination plant in Australia
| Source: Cardo AB