PÖYRY PLC Press Release 3 May 2016 4.30 pm (EEST)
Pöyry awarded Owner's Engineer services assignment for state-of-the-art metro extension in Brazil
The Metro Company of São Paulo has awarded Pöyry with the owner's engineer services assignment for the Line 4 metro project in São Paulo, Brazil. The assignment includes project management oversight consultancy services, covering technical and financial reports on the development of the project, provision of additional process tools to ensure that the project meets the cost, schedule and quality objectives.
Fully underground, 'Yellow' Line 4 will be extended from the João Teodoro Ventilation Shaft, north of Luz Station, to the Vila Sônia Station and maintenance yard, passing underneath Avenida Ipiranga, Rua da Consolação, Avenida Rebouças, Rua dos Pinheiros and Avenida Francisco Morato. 14.3 km-long, Line 4 consists of 11 stations, built in two stages, with the first implementation stage of 12.8 km already in operation.
The value of the order is not disclosed. The order was recognised in the Regional Operations order stock in Q4/2015.
Additional information by:
Marcelo H. Cordaro
President, Regional Operations Latin America
Tel. +55 11 34727398
Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting 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 2015 were EUR 575 million and the company's shares are quoted on Nasdaq 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
