Business Services Industry
Norway's Goodtech ASA builds biogas plant on Aland Islands
Nordic Business Report, July 2, 2008
NORDIC BUSINESS REPORT-2 July 2008-Norway's Goodtech ASA builds biogas plant on Aland Islands(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Norwegian technology and engineering group Goodtech ASA (OSE: GOD) said on Wednesday (2 July) that its Swedish subsidiary Goodtech MRAB has won a contract to build a biogas plant from the Alands Centralandelslag (ACA) cooperative on Aland Islands, Finland.
The order covers a biogas plant for ACA's dairy.
The plant will produce biogas from the dairy's waste material and use it as an energy source in the municipal district heat production.
The contract is valued at EUR1.45m, but Goodtech said that it also has a strategic importance.
Goodtech, headquartered in Oslo, Norway, provides products and services within the business areas Automaton and Industry, Materials Handling and Infrastructure and Environment and Energy Recovery. The group has 260 employees and reported revenue of NOK461.8m in 2007.
One British pound (GBP) is worth approximately 1.26 euros (EUR). One British pound (GBP) is worth approximately 10.06 Norwegian kroner (NOK).
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