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Euro Tech Receives $3.2 Million Worth Engineering Contract in China

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Apr 9 2010

Euro Tech Holdings Company Limited (Nasdaq: CLWT) today announced that its wholly owned subsidiary, Shanghai Euro Tech Environmental Engineering Ltd, has recently been awarded a contract by a petrochemical industrial park, worth about US$ 3.2 million. This contract covers design, supply, installation and commissioning of a (5,000 cubic meters per day) industrial wastewater treatment system in Guangxi, China.

Mr. T.C. Leung, Chairman and CEO of the company commented:

"We believe we are on the way to recover gradually from the global financial crisis which hit quite a number of companies badly in China including us in 2009. We also believe that our hard work in 2009 has paved way for more contracts to be materialized in 2010 for our group of companies."

Source: http://www.euro-tech.com

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