Gunnebo Wins Metro Order in China

Regulatory News:

Following the successful installation of entrance security solutions for metro systems in several major cities across China over the past years, the Gunnebo Group (STO:GUNN) has received new metro orders from the cities of Tianjin and Shenzhen. The total order value is estimated to around €2.6 million.

The orders are for metro flap gates, an entrance solution designed for high volumes of people, which will be installed for Tianjin Line 6 and Shenzhen Line 7. The gates will be produced at Gunnebo’s manufacturing unit in Kunshan, China.

"Gunnebo continues to be a leading provider of reliable and efficient entrance security solutions to the growing Chinese metro sector,” states Gunnebo’s President and CEO, Henrik Lange. "One of our strengths is our well-established local presence on the Chinese market.”

The gates that Gunnebo is successfully providing to the Chinese metro market have a reputation for reliability, durability and for managing high throughput.

GUNNEBO AB (publ)

Group Communications

For more info on Gunnebo’s solutions within entrance security, please visit: www.gunnebo.com/our-offering/entrance-security

www.gunnebogroup.com

The Gunnebo Group is a global leader in security products, services and solutions with an offering covering cash handling, safes and vaults, entrance security and electronic security for banks, retail, CIT, mass transit, public & commercial buildings and industrial & high-risk sites.

The Group has an annual turnover of €610 million, employs 5,700 people and has sales companies in 32 countries across Europe, Middle East & Africa, Asia-Pacific and the Americas as well as Channel Partners on over 100 additional markets.

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