FLSmidth bags Russian contract

Danish company 7451 FLSmidth has received a contract worth €147.71 million for the supply of a complete cement plant from Russian company Kaluga Cement Plant.

The plant is to be located in the Kaluga district in Russia, and FLSmidth will also deliver a complete package of electric, automation and control equipment to the new production line.

The order is expected to have a positive impact on FLSMidth's earnings until 2014.