NEO INDUSTRIAL OYJ STOCK RELEASE 23 January 2015 at 9.00 am
NEO INDUSTRIAL PLC´S SUBSIDIARY REKA KAAPELI LTD STRENGTHENS ITS POSITION IN UNDERGROUND POWER CABLE DELIVERIES
Neo Industrial Plc´s subsidiary Reka Kaapeli Ltd has got substantial underground power cable order. The value of the order is EUR 6.0 million. The deliveries are made during 2015 and 2016. The underground power cables are used when building grids that are not vulnerable to weather conditions.
Neo Industrial Plc
The Board of Directors
Further information:
Jari Salo, Managing Director, tel. +358 20 720 9196
Neo Industrial's strategy is to invest mainly in industrial companies with similar synergic benefits. The aim of investments is with active ownership to develop the purchased companies and establish additional value. Returns are sought through both dividend flow and an increase in value. Neo Industrial's class B shares are listed on the NASDAQ OMX Helsinki Stock Exchange. Neo Industrial's business segment is Cable Industry.