22.08.2014
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DGAP-Adhoc: ItN Nanovation AG has received order from Veolia group for water filtration in Saudi Arabia
ItN Nanovation AG / Key word(s): Incoming Orders
22.08.2014 11:02
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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*Project volume for ItN Nanovation is about 1.3 million Euro
*Veolia Water VWS Saudi Industries is project partner and ordering party
*Order will supposedly be effective as turnover in 2014 and 2015
Saarbruecken - August 22nd, 2014. ItN Nanovation AG (ISIN DE000A0JL461) has
received another binding big order from Saudi Arabia. Veolia Water VWS
Saudi Industries Ltd. has ordered the delivery of ceramic flat sheet
membranes and accessories for a water treatment plant near to the capital
Riyadh. In addition, ItN is in charge for the design of the heavy-metal
adsorption process of the plant. ItN's total turnover in the project
translates to approximately 1.3 million Euro, which will be effective as
turnover in 2014 and 2015.
The plant is to produce more than 25,000 cubic meters of drinking water per
day from deep ground water, once it has been taken into operation in 2015.
The entire project will be managed by the Saudi Arabian Al Manar Arabian
Corporation; Veolia will be responsible for the technical construction work
of the project.
Beside the significant contribution to turnover, the project is important
for ItN Nanovation since it exemplifies the increasing market acceptance of
ItN's filtration solutions. In addition, it is the first cooperation with
Veolia, the world market leader for environmental services, one of which is
the water segment.
ItN Nanovation AG
The Management Board
Contact:
ItN Nanovation AG
Untertuerkheimer Str. 25
66117 Saarbrücken
Tel.: +49 (0) 681/5001-460
Fax: +49 (0) 681/5001-499
Email: [email protected]
www.itn-nanovation.com
IR-Contact:
edicto GmbH
Axel Muehlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Tel.: +49 (0) 69/905 505-52
Fax: +49 (0) 69/905 505-77
Email: [email protected]
22.08.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: ItN Nanovation AG
Untertürkheimer Straße 25
66117 Saarbrücken
Germany
Phone: +49 (0) 681 / 50 01 - 460
Fax: +49 (0) 681 / 50 01 - 499
E-mail: [email protected]
Internet: www.itn-nanovation.com
ISIN: DE000A0JL461
WKN: A0JL46
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München
End of Announcement DGAP News-Service
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