Semcon strengthens positions in engines and transmissions with orders worth EUR 8,7 million


Semcon strengthens positions in engines and transmissions with orders
worth EUR 8,7 million

Semcon is continuing to expand in the fields of engines and
transmissions with another order from a German automotive manufacturer.
The project will start immediately and run until 2012, with an option to
extend.

The project involves optimizing engines for various car models and will
be mainly carried out by Semcon's Swedish organization and its partners
in Sweden.

“Future demands to cut CO2 emissions means that all auto manufacturers
are focusing on development in this area. This order will strengthen our
position in one of our focus areas,” says Stefan Ohlsson, business area
manager Automotive R&D.

Semcon has built up a lot of expertise in engines and transmission and
has now almost 400 people around the world committed to this sector.
Semcon has also received orders earlier during the year, from another
German auto manufacturer worth around SEK 55 million. These projects
will run for three years and involve developing cooling circuits for the
auto manufacturers' various engine alternatives on a new global platform
and will be carried out by the German organization.

For more information, please contact:
Stefan Ohlsson, business area manager Automotive R&D, +46 (0)736-840 555
Anders Atterling, IR & PR manager, Semcon AB, +46 (0)704 472 819

This is information that Semcon AB is required to publish in accordance
with the Swedish Securities Markets Act and/or the Swedish Financial
Trading Act. This information was submitted for publication on 19
September, 2011 at 10.00 a.m. CET.

Semcon är en global partner inom ingenjörstjänster och
produktinformation. Vi har drygt 2 800 medarbetare med djup erfarenhet
från många olika branscher. Vi utvecklar teknik, produkter, anläggningar
och informationslösningar utmed hela utvecklingskedjan och erbjuder även
en mängd tjänster och produkter inom bland annat kvalitet, utbildning
och metodikutveckling. Semcon ökar kundernas försäljning och
konkurrenskraft genom innovativa lösningar, design och genuin
ingen­jörskonst. Koncernen hade en omsättning på 2,1 miljarder kronor
under 2010 och har verksamhet på fler än 40 orter i Sverige, Tyskland,
Storbritannien, Brasilien, Ungern, Indien, Kina, Spanien och Ryssland

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