DGAP-News: JSC Open Investments: OPIN will participate in Japan Re-Build
ID: 387527
Miscellaneous
JSC Open Investments: OPIN will participate in Japan Re-Build
14.04.2011 / 09:45
---------------------------------------------------------------------
OPIN will participate in Japan Re-Build
Moscow, (apr. 7, 2011) - Canadian based leading international manufacturer
of quality pre-engineered homes Viceroy Homes Ltd., belonging to Russian
JSC«OPIN», will begin shipping temporary housing unit to Japan, where
thousands of peoples have been left homeless following the earthquake and
tsunami disaster. The first portion of 160 home units will be shipped to
Japan over the next three weeks.
The quake and tsunami caused an estimated US $310 billion of damage. More
than 10,000 people have been confirmed dead and 17,000 are missing. The
Japanese government has estimated that about 4,700 homes were totally
destroyed, 2,500 half destroyed and 56,000 partly destroyed or damaged in
the disaster. Those who lost their homes today live in schools and other
facilities. The Government of Japan plans to build 30 000 temporary houses,
10 000 of them - with the help of private companies.
The initial order for 40 home units, specially designed for disaster
victims, is expected to be shipped to Japan next week. Then it's set to
ship 60 units every week. After that, Viceroy is planning to provide 200
units per month for the next several months. These temporary units are very
basic 30 square-metre single family shelters containing a small common
areas, bedroom, kitchen and washroom.«Providing temporary pre-engineering houses for victims in Japan is not a
market for us . - General Director of JSC«OPIN»(owner of Viceroy)
Artemiy Krylov declares, - it will be providing by the price very close to
construction costs. Home units will be manufactured in Canada with Canadian
building materials before being shipped by sea to Japan, where they will be
constructed by our partner Selco Home.»For the past 17 years, Viceroy has partnered with Selco Home, one of the
largest home building companies in Japan. Selco is also one of the largest
importers of Canadian housing to Japan.«Japan has been a very important market for Viceroy for more than 15 years,
- General Director of Viceroy Homes Ltd. Dan Fox says, - It has sold nearly
12,000 Canadian-built homes to Japan over the past decade. The main
advantages of Viceroy homes - high speed of construction, environmental,
energy quality and seismic resistance».
Selco Homes' head office is located in the northern city of Sendai, at the
center of the most heavily damaged prefectures. The Japanese government,
which is providing full funding for the building program, has invited Selco
to submit a proposal for both temporary and permanent housing solutions in
this region. Selco is a key member of the Association of Japanese Builders,
which has an immediate mandate to provide approximately 1,000 temporary
housing units over the next three months. It also expects to secure a
portion of the 100,000 permanent homes that will be required over the next
three to five years.
About JSC«OPIN»Founded in 2002, JSC«OPIN»www.opin.ru is the largest Russian investor and
developer, and first public corporation at the local real estate market. In
2008, OPIN purchased Viceroy Homes Ltd and became the exclusive distributor
of its products to the Russian and CIS markets. In 2009, revenues were 323
million USD and total assets were estimated at 2.3 billion USD.
About Viceroy Homes Ltd.
Founded in 1956, Viceroy Homes Ltd. www.viceroy.com is Canada's oldest
and largest manufacturer of quality pre-engineered housing, with
manufacturing facilities in Ontario and British Columbia. Viceroy exports
its homes to over 35 countries worldwide.
For more information please contact:
Anna Rogova,
OPIN, press secretary
+ 7 495 363 22 11
+ 7 919 970 23 02
rogovaab@opin.ru
End of Corporate News
---------------------------------------------------------------------
14.04.2011 Dissemination of a Corporate News, transmitted by
EquityStory.RS, LLC - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
EquityStory.RS, LLC's Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: JSC Open Investments
Tverskoy blvr, 13/1
123104 Moscow
Russland
Phone: + 7 495 363 22 11
E-mail: info@opin.ru
Internet: www.opin.ru
ISIN: RU000A0DJ9B4
End of News EquityStory.RS, LLC News-Service
---------------------------------------------------------------------
119788 14.04.2011Unternehmensinformation / Kurzprofil:
Datum: 14.04.2011 - 09:45 Uhr
Sprache: Deutsch
News-ID 387527
Anzahl Zeichen: 5524
Kontakt-Informationen:
Kategorie:
Wirtschaft (allg.)
Diese Pressemitteilung wurde bisher 216 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: JSC Open Investments: OPIN will participate in Japan Re-Build"
steht unter der journalistisch-redaktionellen Verantwortung von
JSC Open Investments (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
