Corporate | 1 October 2007 09:50
PSI Aktiengesellschaft / Contract
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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PSI Awarded Important Order in Steel Sector for Russia from SMS Meer
Production control system for two plants in the ChTPZ Group
PSI has been charged by SMS Meer, a company in the SMS Group, with the
delivery of the industry solution PSImetals for the Chelyabinsk large
pipe plant and the new finishing line in Pervouralsk. The object of the
order is the advanced line sequencing (ALS) and the production execution
system (PES) for the two plants of the ChTPZ Group. The start-up of the
solutions is planned for the end of 2008 and the middle of 2009.
SMS Meer develops and builds plants for the pipe, steel and non-refined
metal and forging industry. Russia’s second largest producer of steel
pipes, the ChTPZ Group, with plants in Chelyabinsk and Pervouralsk
primarily manufactures seamless and welded pipes for the Russian oil and
gas industry.
PSI has managed with this important order to enter the market in the
quickly growing Russian steel industry. In 2006, Russia was the fourth
largest steel producer in the world; it is planned to increase capacity by
up to 30% by 2010.
PSI AG develops and integrates individual solutions, on the basis of its
own software, for the management of energy networks (electricity, gas,
heat, oil, water), cross-company production management (steel, mechanical
engineering, automotive, logistics) and infrastructure management for
telecommunications, transport and safety. PSI was founded in 1969 and
currently employs more than 1,000 persons in the group. www.psi.de
PSI AG
Karsten Pierschke
Communications and Investor Relation
Dircksenstrasse 42-44
10178 Berlin
Germany
Tel. +49 30 2801-2727
Fax +49 30 2801-1000
E-mail: KPierschke@psi.de
01.10.2007 Financial News transmitted by DGAP
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Language: English
Issuer: PSI Aktiengesellschaft
Dircksenstraße 42-44
10178 Berlin
Deutschland
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
Internet: www.psi.de
ISIN: DE0006968225
WKN: 696822
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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