02 Jul

Systemair receives breakthrough in India

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Systemair (NASDAQ OMX Stockholm: SYSR) has been selected by the DMRC (Delhi Metro Rail Corporation) as supplier of tunnel fans to the extension of the subway in Delhi. Total order value approx. EUR 1.1 million.

The Indian government has approved the extension of the subway in Delhi, meaning additional 103 km metro with 69 stations are planned to be completed during 2016. Consequently, residents will get a much larger subway system whilst giving a better traffic situation in Delhi.

Systemair will deliver fans for emergency and tunnel ventilation for a total amount of approx. EUR 1.1 million.

"This is an important order that strengthens our position as a supplier to large and technically complex projects in India.", says Gerald Engström, CEO of Systemair.
"The market has high expectations on the new Indian government as well. It is expected to fulfill their promises of major infrastructure investment in the coming years.", says Gerald Engström.

For further information, please contact:
Gerald Engström, CEO, + 46 222 44 001, + 46 70 519 00 01
Kurt Maurer, Product Area Director, + 49 170 226 49 33
Asokdas M D, Managing Director Systemair India +91 9611 131 223

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