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PRESS RELEASE 19 Mar 2008

PÖYRY ACQUIRES REMAINING SHARES IN GIPROBUM, RUSSIA

Pöyry has acquired the remaining 30 per cent of the shares of ZAO Giprobum-Pöyry (formerly ZAO Giprobum Engineering), based in St. Petersburg, Russia.

 
Pöyry has published press releases concerning the acquisition on 3 April 2007 and 18 June 2007. These releases include more detailed information on the business and finances of Giprobum as well as on the transaction.
 
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's net sales in 2007 amounted to about EUR 720 million and it employs 7300 experts.
 
PÖYRY PLC
 
Teuvo Salminen
Deputy to President and CEO
 
Additional information by:
Tapio Aalto, President, Forest Industry European Offices, Finland
tel. +358 10 33 23401
 
 
DISTRIBUTION:
Major media