Neo Industrial Oyj

Neo Industrial Plc: Large underground cable contract to Reka Cables Ltd from Scandinavia

15.1.2020 08:30:01 EET | Neo Industrial Oyj | Inside information

Neo Industrial Plc’s subsidiary Reka Cables Ltd has received a substantial contract for underground power cables from Scandinavia. The total value of the contract is approximately EUR 9 million. The deliveries will be made during 2020-2022. Underground power cables are used when building grids that are not vulnerable to weather conditions.

Hyvinkää, 15 Jan 2020

Neo Industrial Plc
Jukka Poutanen
Managing Director

FURTHER INFORMATION
Jukka Poutanen, Managing Director, tel. +35840 833 9007
Markku E. Rentto, Chairman of the Board, tel. +358 40 500 1858


www.neoindustrial.fi/en

About Neo Industrial Oyj

Neo Industrial Plc is a Finnish company that focuses on building a sustainable future by developing and renewing modern society's networks. We own emerging private companies in the cable industry, to whom we are a long-term and responsible partner. Our goal is to be a conglomerate in the future, that creates new opportunities responsibly for a smart and energy-efficient society. Neo Industrial's class B shares are listed on the main list of NASDAQ Helsinki Stock Exchange.

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