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PRESS RELEASE 18 Feb 2011

Significant consulting agreements for Pöyry concerning the final disposal studies of spent nuclear fuel

PÖYRY PLC          Press release 18 February 2011 at 1:00 p.m.

 

Pöyry's Water & Environment business group has been awarded design agreements with Posiva Oy on expert work and groundwater flow measurement related to the hydrological and biospherical studies in the final disposal research dealing with the spent nuclear fuel of the Olkiluoto and Loviisa nuclear power plants. The parties have agreed not to disclose the grand total of the agreements.

 

According to the schedule confirmed by the Ministry of Trade and Industry in 2003, Posiva is preparing for submitting a construction permit application for the final disposal plant for spent nuclear fuel at the end of 2012. As per the design agreements signed, Pöyry will contribute to the work aiming for submitting the application.

 

PÖYRY PLC

 

Additional information:
Markku Oksanen, Director, Pöyry Finland Oy, Water & Environment business unit, tel. +358 10 33 2753
Martin Bachmann, Executive Vice President, Water & Environment business group, tel. +41 44 355 5555

 

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 2010 were EUR 682 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

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