In connection with Her Majesty the Queen of Denmark’s state visit to Russia, FLSmidth expects to sign an agreement on future cooperation with the Russian company JSC EcoInvest.

The agreement relates to the supply of equipment and services for a complete greenfield cement plant and is expected to amount to a value of more than EUR100m.

The agreement is not yet binding, but if and when it does become binding, FLSmidth will inform the market.