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PRESS RELEASE 8 Jul 2016

Pöyry awarded engineering services assignments by BillerudKorsnäs for a paper machine relocation and rebuild of existing paper machine

PÖYRY PLC   Press Release 8 July 2016 at 10:30 am (EEST)

Pöyry awarded engineering services assignments by BillerudKorsnäs for a paper machine relocation and rebuild of existing paper machine

BillerudKorsnäs has awarded Pöyry with the engineering services assignment for the investment program in their Skärblacka mill. The assignment includes detail engineering services for all disciplines and related site services, to be carried out between 2016 and early 2018.  

"We are very happy and proud that BillerudKorsnäs Skärblacka shows continued confidence in us. The project will mean a lot to us locally and ensure continued growth. We will work focused together with our highly valued client for a successful project", says Jonny Stridh, Business Unit President, Pöyry Sweden AB.

"We are proud to be the selected partner of BillerudKorsnäs for these strategically important projects, both at Skärblacka and the on-going Gruvön board machine study. This project is again evidence of our successful operation model where global competence and local presence are combined. We are executing this project with experts from Sweden and Finland to ensure the best result to the client", says Nicholas Oksanen, Pöyry's President, Industry Business Group.

The value of the order is not disclosed. The project will be executed in cooperation between Regional Operations Northern Europe and the Industry Business Group.

PÖYRY PLC

Additional information by:

Jonny Stridh
Business Unit President, Regional Operations Northern Europe, Sweden
Tel: +46 70 583 43 51

Nicholas Oksanen
President, Industry Business Group
Tel: +358 10 33 22294

Pasi Tolppanen
President, Regional Operations Northern Europe
Tel: +358 10 33 26656

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2015 were EUR 575 million and the company's shares are quoted on Nasdaq Helsinki (Pöyry PLC: POY1V).