PRESS RELEASE 20 Dec 2007
PÖYRY SIGNS LONG-TERM SERVICE AGREEMENT WITH OUTOTEC
Pöyry has signed a long-term service agreement with Outotec Oyj and Outotec Minerals Oy, Finland for the supply of engineering and project services to Outotec's units in Espoo. This assignment strengthens Pöyry's position as an international provider of engineering and project services to the chemical and process industries. Cooperation assignments are carried out on a global scope and represent the highest technology in this field. The contract value is not disclosed.
Outotec, formerly Outokumpu Technology, is a worldwide leader in minerals and metals processing technologies, providing innovative tailored solutions for a wide variety of customer needs in the iron and steel, aluminum and non-ferrous metals industries. The Outotec share is listed on the OMX Nordic Exchange in Helsinki.
Outotec's aim is to concentrate on developing and expanding its business operations as a technology supplier. Pöyry supports this aim by developing and updating its expertise in line with the engineering and project needs of its client. The requirements of the core businesses of both parties will be met by creating a technically and economically competitive concept for generating, improving and developing engineering and project services.
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's net sales in 2006 amounted to about EUR 620 million and it employs 7000 experts.
VP, Corporate Communications and IR
Additional information by:
Pöyry Engineering Oy, Finland
Jarmo Suominen, President, Business Area Chemical Industry
tel. +358 10 33 22200