Sweco (STO:SWECA)(STO:SWECB) has acquired the Polish consultancy
Hydroprojekt Kraków with 35 employees. The acquisition is a first step
in Sweco’s establishment in Poland.
Hydroprojekt Kraków has more than 50 years of experience in providing
qualified consulting engineering services for hydraulic engineering and
water resource management. Sweco has previously collaborated with
Hydroprojekt Kraków, which has an excellent reputation on the Polish
consultancy market.
”Poland is perhaps one of the most interesting countries in Eastern
Europe, with a healthy macroeconomy and strong anticipated growth in
the environmental, infrastructure and energy segments. The acquisition
of Hydroprojekt Kraków is a strategically important step and the start
of a more large-scale establishment in the country,” says Mats
Wäppling, President and CEO of Sweco.
Hydroprojekt Kraków will be part of Sweco’s Central and Eastern Europe
business unit.
Sweco is an international consulting group with combined expertise in
engineering, environmental technology and architecture. Sweco has 5,200
employees in 11 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