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Meltron: Meltron receives first significant order for street lights from Metsä 

Meltron receives first significant order for street lights from Metsä

Meltron has received a new, additional order from the Metsä Group, this time for 200 street lights for the industrial premises of a Metsä Board facility in Rauma in Finland. The order followed several weeks test installation of four competing luminaries supplied by Meltron, another Finnish supplier and two highly recognized global suppliers. The over-all quality and superior optics creating a uniform distribution of light was a decisive factor for Metsä's selection of Meltron as supplier. The order value is in excess of 50 k€. Just before last Christmas, Metsä Board purchased Meltron's High Bay luminaries for another plant in Äänekoski in Finland.

- I am delighted about this order, as Meltron was chosen by Metsä-Group after a tough test installation of with four competitors, says Ville Sistonen, CEO of Meltron. Metsä Group is investing heavily at the moment, and Meltron is committed to serving them also in the future.

The street light segment is very competitive and it has taken a long time for Meltron's unique street light system to be recognized. We believe it has enormous long-term opportunities, says Ville Sistonen.

Stockholm/Helsinki 30 March 2021

For more information, please contact:

Ville Sistonen, CEO of Meltron AB, ph: +358 40 746 4781; [email protected]

Meltron AB, c/o Hellevik Ekonomi, Malmgårdvägen 63, SE-116 38 Stockholm
Meltron Oy, Laivakatu 3, FI-00150 Helsinki
Read more at www.meltron.com

The following documents can be retrieved from beQuoted
Meltron Pressrelease 2021-03-30 En.pdf

About Meltron - "More than Just Light"

Meltron AB designs, manufactures and sells LED lighting solutions which are based on interdisciplinary application of electronics, optics, thermodynamics and nano-structures. "More Than Just Light" translates into energy savings, superior light quality, product life-time savings, increased productivity, safety and wellbeing. Meltron provides high quality solutions for the most demanding environments in infrastructure, industry, logistics and agriculture.

LED lighting is one of the fastest growing major industries of the world. The annual growth of the industrial sector currently amounts to 47 percent, and the entire market is projected to generate turnover of USD 100 billion in 2020, according to Edison
Research.

Meltron's share is traded on NGM Nordic MTF under the ticker MLTR.

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