STOCK EXCHANGE RELEASE 24 Mar 2000
JAAKKO PÖYRY GROUP AWARDED AN EPC CONTRACT IN SCOTLAND
Electrowatt-Ekono (UK) Ltd., a Jaakko Pöyry Group company, has been awarded a EUR 7.3 million contract from VA TECH Peebles Transformers Ltd. The contract comprises specialised transformer testing equipment for the client's new factory in Scotland.
Electrowatt-Ekono will act as the EPC (Engineering, Procurement, Construction) contractor for the test facility and will provide services related to design, supply, installation, testing and commissioning of the plant.
Electrowatt-Ekono is the Energy Business Group of Jaakko Pöyry Group of Finland. Electrowatt-Ekono had net sales of EUR 140 million in 1999 and employs over 1300 persons in some 20 countries. The Jaakko Pöyry Group had net sales of around EUR 400 million in 1999 and employs some 4500 persons worldwide.
JAAKKO PÖYRY GROUP OYJ
Additional information by:
Mr Kari Pesonen, Managing Director Electrowatt-Ekono (UK) Ltd
Tel: + 44 1403 224200
Fax: + 44 1403 224228
Mr Jukka Nyrölä, CEO Electrowatt-Ekono Zurich/Switzerland
Tel: + 41 76 356 2451
Fax: +41 1 355 5572
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