25.10.2010 -- Contract for steel structures to Tromso, Norway

Teräselementti will supply and install steel structures for construction of a logistics distribution center in northern Norway

Teräselementti will supply and install steel structures for construction of a logistics distribution center in northern Norway. Its total area is about 23 thousand m2. Consto As acts as a client of the project, being the developer of the ASKO group, controlled by Norgesgruppen, projects. Teräselementti will supply steel frame and execute their subsequent installation. The contract is valued at around EUR 3 million. Deliveries to the site will begin in late 2010 and will last until spring 2011

"In recent years Teräselementti has vigorously built up its operations in Norway and has tested various models of cooperation with local developers, as well as with investors. Thus, the forms of cooperation with Consto As have been discussed at various levels for nearly a year, including the now launched Asko project, which is one example of finding common ground "- says export manager of the Teräselementti Mikko Nieminen.

Teräselementti has also preliminary agreed to supply a frame and shell structures for a multi-purpose complex in the western Norway. Deliveries should begin in spring 2011.