Pilum, a Swedish engineering company providing state of art flue gas treatment and energy efficiency projects and global contractor STRABAG AG, Austria, with cutting edge technique for several flue gas treatment applications today enters into a Co-operation agreement in order to strengthening both parties market position as the companies complement each other. The agreement will benefit the global market for projects related to Industry, Waste to energy and general heat and power productions projects where Pilum has a strong market position in the Nordic countries and STRABAG has an excellent market position in Central Europe, CIS states and Asia. Pilum will through this agreement market STRABAGs well proven and unique technique for semi dry systems and STRABAG will include Pilums technique for Flue gas condensation, Bag filters and Heat pumps as well as water treatment applications, in their offer. -"Through this agreement Pilum and STRABAG will become a major player for industrial applications and positioned for the coming procurement of projects related to improved environment and energy efficiency," says Pilum's CEO Mr Jan Törner. -" STRABAG is delighted to announce this agreement and could foresee several possible projects for co-operation coming up in the near future. We trust this will have significant impact on our project base and several projects will be undertaken based on this agreement the next coming years," says Mr Christian Lechner, Head of STRABAG s Flue Gas Treatment Business unit based in Vienna. About STRABAG STRABAG SE is one of Europe's leading construction groups. With some 75,500 employees, STRABAG generated a construction output volume of € 13.0 billion in the 2009 financial year. From its core markets of Austria and Germany, STRABAG is present via its numerous subsidiaries in all countries of Eastern and South-East Europe, in selected markets in Western Europe and on the Arabian Peninsula. STRABAG's activities span the entire construction industry (Building Construction and Civil Engineering, Transportation Infrastructures, Special Civil Engineering and Tunnelling) and cover the entire value-added chain in the field of construction. More information is available atwww.strabag.com. For further information Mr Jan Törner CEO, Pilum AB (publ) jan.torner@pilum.se Tel: +46 (0) 705-37 98 40, +46 (0) 8-591 124 10 Pilum AB (publ) is listed on First North Premier and Mangold Fondkommission AB (phone nr +46 (0)8-503 015 00) is the Certified Adviser. Pilum is an energy and environmental company which creates values for the power, water treatment and process industry. Pilum offer these customers flexible solutions for flue gas treatment and water treatment as well as heat recovery for biomass and incineration plants. Pilum is working in a segment which is fast growing. Pilums financial goal is to grow both in terms of turnover and profitability. The Company will grow by its own capacity, organically and by acquisitions. www.pilum.se [HUG#1428366]
Pilum AB (Publ.) Pilum and STRABAG enters into Co-operation Agreement
| Source: Pilum AB