Systemair awarded EUR9.5m order by Istanbul's new airport to provide air handling units and fan-coils.
M2 EQUITYBITES-February 24, 2017-Systemair awarded EUR9.5m order by Istanbul's new airport to provide air handling units and fan-coils
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Systemair AB (STO:SYSR) announced on Thursday the receipt of an order for 531 Model FL NG series air handling units and 5630 fan-coil units, valued at approximately EUR9.5m, for the new airport in Istanbul.
The company said this new airport is one of the largest ever infrastructure projects in the Turkish Republic, where flights to more than 350 destinations will take place.
According to the company, this project will be staged in four phases.
Systemair is a ventilation company with operations in 49 countries in Europe, North- and South America, the Middle East, Asia and Africa. Its products are marketed under the Systemair, Frico, VEAB, Fantech, Menerga and Holland Heating brands.
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