2015-01-28 11:30:00 CET

2015-01-28 11:30:01 CET


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Finnish English
Neo Industrial Oyj - Company Announcement

NEO INDUSTRIAL PLC´S SUBSIDIARY REKA KAAPELI LTD INVESTS IN CABLES MANUFACTURING TECHNOLOGY


NEO INDUSTRIAL OYJ          STOCK RELEASE       28 January 2015 at 12.30 pm

NEO INDUSTRIAL PLC'S SUBSIDIARY REKA KAAPELI LTD INVESTS IN CABLES
MANUFACTURING TECHNOLOGY 

Neo Industrial Plc´s subsidiary Reka Kaapeli Ltd invests EUR 1.5 million in
cable manufacturing technology in Hyvinkää Factory. With the investment the
productivity of cable manufacturing is enhanced and developing and
manufacturing of new products is enabled. The investment will be ready by the
end of April 2015. 

Good financial situation of Cable industry has enabled additional installment
of EUR 1.5 million to the financing agreement signed in March 2014. The payment
was made in January 2015. 

Neo Industrial Plc

Jari Salo
Managing Director

Further information:
Jari Salo, Managing Director, tel. +358 20 720 9196

www.neoindustrial.fi

Neo Industrial's strategy is to invest mainly in industrial companies with
similar synergic benefits. The aim of investments is with active ownership to
develop the purchased companies and establish additional value. Returns are
sought through both dividend flow and an increase in value. Neo Industrial's
class B shares are listed on the NASDAQ OMX Helsinki Stock Exchange. Neo
Industrial's business segment is Cable Industry.