Kynningsrud Kran AB expands its heavy goods activities

From 1 November 2004 Kynningsrud Kran AB will be expanding its heavy goods activities.
The Kynningsrud Group's crane division boasts over 90 mobile cranes with a lift capacity of between 20 and 500 tonnes and a heavy lift system with lift master, hydraulic cylinders, launching system and transport material capable of moving constructions weighing up to several thousand tonnes.
The heavy goods activities have to date operated in Gothenburg and the surrounding area. As of 1 November we will be able to serve Karlstad, Trestad, Gothenburg and the Malmö area. For larger projects, we will operate nationwide.

Kynningsrud Kran AB is part of a group employing 314 people with a turnover of around MSEK 600. The Group is divided between the Crane, Prefab and Groundwork divisions - all operating principally in Norway and Sweden.

Kynningsrud Kran AB employs a team of highly experienced staff. The work is project-oriented. The aim is to find cost-efficient solutions by means of:
- meticulous planning
- appropriate equipment
- safe implementation

Kynningsrud Kran AB will develop its position in the industry and in the Scandinavian market. Our goal is to be the natural first choice. For further information about our activities we recommend the company's website www.kynningsrud.se.

Contact persons:
Johan Carlsson, Malmö 0705-591881
Anders Cronqvist, Gothenburg 0706-330059
Rolf Nilsson, Gothenburg, Karlstad 0706-368340


Gothenburg 25 October 2004

Mats Pernhage
MD