STOCKHOLM, Sweden, Oct. 17, 2003 (PRIMEZONE) -- Sapa (Pink Sheets:SPKKF) continues to expand. Sapa Profiler AB will open a new manufacturing unit for components based on aluminium profiles in Lithuania. UAB Sapa Profiliai is scheduled to start during the first quarter of 2004. The company will initially employ approximately 20 people. Sapa has been represented in Lithuania since 1998 through a sales office.
"We are strengthening our efforts in this interesting and growing market. Several of our customers are establishing production in Lithuania and that is why we choose to follow by opening our own production unit," says Lars Forsberg, head of manufacturing at Sapa Profiler AB.
Sapa is an international industrial group, which develops and markets value-added aluminium profiles, profile-based components and systems, and heat exchanger strip in aluminium. Sapa will in 2003 have a turnover of approximately 12 billion SEK, with 7,600 employees all over Europe and in USA and China. Sapa is one of Europe's leading companies within its field and the customers are found in the transport, building, engineering and telecom industries. Sapa is listed on the O-list of Stockholmsborsen.
Further information about Sapa can be found on our web site www.sapagroup.com
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