Cardo establishes new production unit in China

Cardo establishes new production unit in China

Cardo has decided to establish a new production unit in China in order to
further strengthen its market position and competitiveness in the field of
wastewater treatment. Establishment of the production unit will begin during the
spring of 2010 and the unit is expected be in operation at the end 2011. 

Cardo Flow Solutions sells equipment for the transportation and treatment of
wastewater under the ABS brand, among others. In recent years, Cardo has
strengthened its position in wastewater treatment in the Chinese market. 

The production unit will be established in Kunshan, just outside Shanghai, where
Cardo already has door production for the Cardo Entrance Solutions division. At
the new production unit, pumps, compressors and mixers will be assembled for the
market in China. 

“The need for and expansion of wastewater treatment plants in China is
extensive,” says Peter Aru, Cardo's President and CEO. “With the new assembly
plant, we are further strengthening our competitiveness and can continue our
expansion in this market.”

The investment amounts to approximately SEK 50 million. 


Malmö, Sweden, March 2 2010
Cardo AB (publ)

For further information, please contact: 
Peter Aru, President and CEO, tel +46 10 4747 401
Ulf Liljedahl, CFO and Executive Vice President, tel +46 10 4747 402
Maria Bergving, SVP Communications and Investor Relations, 
tel +46 10 4747 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. With sales of almost SEK 9 billion and approximately 5,500
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.