Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Pöyry Oyj (HEL:POY1V) PÖYRY PLC Press release 13 August 2008 at 3.20 p.m.
PÖYRY AWARDED ENGINEERING CONTRACT FOR RAILWAY LINE IN POLAND
Pöyry has been awarded an engineering contract for a feasibility study for the C-E 65 railway line in Poland by PKP Polskie Linie Kolejowe S.A. The value of the assignment is EUR 2.9 million.
The railway line C-E 65 Tczew - Pszczyna, with a length of 573 km, is an important part of the European Transportation Corridor (TEN-Corridor) No. VI, - from Gdynia in Poland to Brno in the Czech Republic and Zilliny in the Slovakian Republic.
The modernisation of this railway line will increase the travel speed for passenger traffic to 160 km/h, partly to 200 km/h, and for freight traffic to 120 km/h, and will significantly shorten the travel time on this important transportation corridor.
The scope of this feasibility study includes the environment issues, economics, traffic, financing as well as all technical aspects. The duration of this project will be 600 days.
This assignment is an important step in continuing the successful growth of Pöyry's transportation operation in Poland, where Pöyry has been active for more than 10 years.
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's net sales in 2007 amounted to about EUR 720 million and it employs 8000 experts.
PÖYRY PLC
Teuvo Salminen Deputy to President and CEO
Additional information by: Johann Schmieder, President Business Unit Germany and CSEE, Pöyry Infra GmbH, Lörrach, Germany Tel. +49 7621 930046
