Sweco wins contract in India


Sweco wins contract in India

One of the world's largest underground crude oil storage facilities is set for
construction on the west coast of India. Sweco's consulting engineers have been
chosen for advisory services and planning of the project. 

Sweco has longstanding experience in studying, planning and implementing safe
and efficiency underground storage facilities of hydrocarbons, a competency that
is increasingly in demand around the world.

“Above all, the clients come to us for our ability to contribute a
cost-effective and eco-responsible focus in these technologically advanced
projects”, says Eva Nygren, President of Sweco Sweden.  

India is pursuing a national strategic storage project in which a number of
crude oil storage facilities will be built throughout the country with a total
storage capacity of 5 million metric tons. The facility Sweco has been
commissioned to plan is located in Padur on the west coast of India, in the
Karnataka province. 

The contract has been awarded by the state-owned Engineers India Ltd (EIL) and
is worth approximately EUR 1 million in the first stage. Sweco will carry out
the assignment in collaboration with Skanska Teknik and Midroc Enginering AB.
Sweco is already involved in other similar projects in the country.

For more information contact:
Gösta Ericson, Project Director at Sweco, telephone +46 734 12 81 11,
gosta.ericson@sweco.se

Sweco is an international consulting group with combined expertise in
engineering, environmental technology and architecture. Sweco has 5,400
employees in 10 countries and recorded annual sales of more than SEK 5.5 billion
in 2008. The company has projects currently underway in some 80 countries
worldwide. Sweco is listed on NASDAQ OMX Stockholm AB.

The information contained herein may be subject to the disclosure requirements
in the Swedish Securities Exchange and Clearing Operations Act and/or the
Financial Instruments Trading Act.
GlobeNewswire