STOCKHOLM, Sweden, Mar. 15, 2011 -- The wastewater treatment plant in the Russian city of Ivanovo, 300 km east of Moscow, was built more than 30 years ago. Now the city's municipal water supply utility is taking ambitious measures to modernise the facility with the help of environmental consultants from Sweco (STO:SWECA) (STO:SWECB).
"Sweco has longstanding experience of successful export projects in the Russian market. Our first international assignment more than 100 years ago was aimed at developing a system for wastewater treatment in St. Petersburg. Since 2005 we are also established with 100 employees of our own in Russia," says Eva Nygren, President of Sweco Sweden.
Sweco's services include both development of a plan for rehabilitating the plant in the best possible way and efforts to achieve energy optimisation. Among other things, construction documents will be prepared for a new biogas plant that can be connected to the wastewater treatment plant in order to reduce energy consumption. The assignment also includes helping the city to find continued financing solutions for the measures proposed by Sweco.
Ivanovo is a city of roughly the same size as Gothenburg, Sweden. 470,000 of the city's residents are connected to the wastewater treatment plant. The area contains many textile mills.
Sweco's services will be financed by the Swedish Ministry for Foreign Affairs and the city of Ivanovo's municipal water supply utility. The contract is worth nearly EUR 908,000 for Sweco.
Sweco is an international consulting group with combined expertise in consulting engineering, environmental technology and architecture. Sweco has 5,400 employees in 11 countries and recorded annual sales of approximately SEK 5.3 billion in 2010. The company has projects currently underway in some 80 countries worldwide. Sweco is listed on NASDAQ OMX Stockholm AB.