*

Hitt og þetta 21. júlí 2006

Honkarakenne Oyj wins order for 100 log homes in Kazakhstan

Nordic Business Report-July 21, 2006-Honkarakenne Oyj wins order for 100 log homes in Kazakhstan
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish log houses manufacturer Honkarakenne Oyj said on Friday (21 July) that it had signed an agreement on delivering 100 log homes to Kazakhstan during the current year and next winter.

This deal represents the first phase of a bigger project consisting of 350 homes to be built in northern Kazakhstan. The holiday centre will include a golf course, indoor swimming pool, sports arenas, shops and other services.

Honkarakenne's customer in this project is one of the biggest real estate companies in Kazakhstan, according to the company.

The total value of the deal amounts to some EUR8.0m.

One euro (EUR) is worth approximately 0.69 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))