PRESS RELEASE 2 Oct 2012
Pöyry's services enable the improvement of railway capacity on Swiss-German border
PÖYRY PLC Press release 2 October 2012
Pöyry's Urban business group-led consortium has been awarded a construction management and supervision assignment by German DB Projektbau AG for the refurbishment and electrification project of the German - Swiss cross border railway line Erzingen - Beringen, a section of the Hochrheinbahn (Upper Rhein Railway).
The work will be carried out in consortium with German engineering consultant PTB Magdeburg GmbH. Pöyry's share of the assignment (approx. 50%) has been booked in the order stock of the third quarter of 2012. The parties have agreed not to disclose the value of the assignment. The work will commence immediately and the scheduled duration of Pöyry's services is 22 months.
Improvements in the Erzingen - Beringen line will enable more frequent passenger traffic across Germany and Switzerland. The intended half-hour timetable for the 12km railway line requires a double track extension and the adaptation of the infrastructure. The line will be electrified and equipped with a modern electronic signaling system. Although the Hochrheinbahn is owned by German DB AG, approximately 95 percent of the line is located on Swiss territory. The investment for the whole rail section totals EUR 80 million.
Pöyry's services include the management and supervision of the construction works including construction quality management, cost control, schedule control, safety management, authority permit support and coordination of testing and commissioning / operation commencement.
David Hossli, Country Director Switzerland
Tel. +41 44 355 5555
Martin Bachmann, President, Urban Business Group
Tel. +41 44 355 5555
Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, transportation, water, environment and real estate. Pöyry has about 7,000 experts and a local office network in about 50 countries. Pöyry's net sales in 2011 were EUR 796 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).