PÖYRY PLC Press Release 7 November 2014 at 12 am (EET)
Pöyry and Ramboll awarded road engineering assignment for an upgrade of Highway No. 6 section in Finland
The Finnish Transport Agency has awarded a design consortium, comprising of Pöyry and Ramboll, with the detailed design assignment for the upgrade of Highway 6 between Taavetti and Lappeenranta in Finland. The project will be carried in an alliance whereby the customer, engineers and contractor work jointly in the execution.
The assignment covers a 28 km route including 12 km of new road, three new interchanges and the upgrade of one existing interchange, acoustic screening and ground water protection. The Taavetti-Lappeenranta section upgrade will improve traffic flow by increasing road capacity by two lanes. Safety will be improved by the introduction of a central barrier. The cost estimate of the project is EUR 76 million.
The strong engineering capabilities of both Pöyry and Ramboll are based on their experience and long-term cooperation in various traffic infrastructure projects. In this project, the core of the approach consists of infrastructure modelling in which both consulting companies have solid experience.
"Pöyry's and Ramboll's wide-ranging experience in the transportation industry makes them good partners for us. I look forward to our cooperative alliance in this significant project that will be carried out in an innovative way", says project manager Harri Liikanen from the Finnish Transport Agency.
"In accordance to the alliance project model, the financial success of all parties depends on the project being successful. This in part guarantees that everyone has a strong interest in advancing the project. Pöyry has experience in rail, road and other transportation projects in more than 50 countries worldwide and our goal is always to provide functional and cost-efficient execution", says Mikko Inkala, Pöyry's President of Infrastructure Design in Finland.
The project will commence in November 2014 with completion by 2018. The Finnish Transport Agency will select the project contractor in March 2015. The development phase will start immediately after and construction in the Autumn of 2015.
The value of the order is undisclosed. The initial order will be recognised within the Regional Operations order stock in Q4/2014, with future options in 2015 or beyond.
Additional information by:
Mikko Inkala
President, Infrastructure Design Unit, Regional Operations Northern Europe
Tel. +358 1033 21112
Pasi Tolppanen
President, Regional Operations Northern Europe
Tel. +358 1033 26656
Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and locally in our core markets. We deliver strategic advisory and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2013 were EUR 650 million and the company's shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire
