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PRESS RELEASE 23 Feb 2010

Pöyry awarded EUR 1.4 million flood protection project in the Czech Republic

PÖYRY PLC          Press release 23 February 2010 at 3.00 p.m.

 

Pöyry has been awarded a technical consulting services contract by the State River Board Corporation of the Czech Republic in an important flood protection project for the city Jablonec nad Nisou in Northern Bohemia. Pöyry's services, totalling EUR 1.4 million, will be provided by March 2011.

 

Pöyry won a public tender for the work as leader of a consortium with two Czech companies. The services required by the client consist of preparation and development of final design, building permit documentation, detail designs and tender documents required for the client's tendering procedures.

 

Pöyry's involvement in the project includes upgrading of the existing dam and its ancillary structures. The total investment cost of this project is approx. EUR 16 million.

 

Jablonec nad Nisou has a population of about 46 000 and a large number of industrial plants. Its present flood protection system relies on an existing, some 100-year-old dam, which can no longer provide safe and reliable protection against extreme floods.

 

PÖYRY PLC

 

Additional information by:

Martin Bachmann, President, Water & Environment Business Group, Switzerland

Tel +41 44 355 5555

Pavel Kutálek, Business Unit President, Water & Environment Business Group, Czech Republic

Tel. +420 602 720 194

 

Pöyry is a global consulting and engineering company dedicated to balanced sustainability. We offer our clients integrated management consulting, total solutions for complex projects and efficient, best-in-class design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7000 experts operating in about 50 countries, locally and globally. Pöyry's net sales in 2009 were EUR 674 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

 

DISTRIBUTION:

Major media

www.poyry.com