PRESS RELEASE 8 Jan 2002
JAAKKO PÖYRY GROUP ACQUIRES STORA ENSO'S AIR LABORATORY
Electrowatt-Ekono, the Jaakko Pöyry Group's Energy business group, has acquired the Imatra air laboratory of Stora Enso's research centre. The air laboratory specialises in air emission measurements and process analyses for pulp and paper mills and their power plants. At the same time, a long-term service contract was signed with Stora Enso's mills in Finland.
The acquisition of the air laboratory broadens the Jaakko Pöyry Group's know-how and strengthens Electrowatt-Ekono's present measurement activities. Customer services will improve further thanks to the combined know-how, personnel and equipment of the Espoo office and the new Imatra location. The expanded activities enable continuous product development, for example to meet the requirements of the waste incineration directive and other tightening environmental regulations. The air emission measurement services strengthen the Jaakko Pöyry Group's operations and maintenance activities and support the Group's other business activities worldwide.
The Energy business group, operating under the brand name Electrowatt-Ekono, had net sales of EUR 181 million in 2000. Electrowatt-Ekono has offices in 20 countries and employs 1250 experts worldwide.
JAAKKO PÖYRY GROUP OYJ
Additional information by:
Ari Asikainen, President, Electrowatt-Ekono Oy,
Tel. +358 9 4691 476, +358 400 816 633
Tuomas Timonen, Senior Vice President, Operations Management, Electrowatt-Ekono Oy
Tel. +358 9 4691 278, +358 40 5432 945