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Pöyry Oyj (HEL:POY1V) PÖYRY PLC Press release 9 October 2008 at 2.45 p.m.
PÖYRY AWARDED FLOOD PROTECTION PROJECT IN THE CZECH REPUBLIC
Pöyry has been awarded an engineering and project management services contract by the Government River Board Corporation for the preparation of a large flood protection scheme to be realized in the northern part of the Czech Republic. The contract value is about EUR 4 million.
The Flood Protection Project of the Upper Opava River Basin consists of measures to be implemented over an area of some 950 sq km. Comprising both environmental and technical aspects, these measures include river training and revitalization, construction of a new large dam, a system of small retention reservoirs, landscape modification and infrastructure development. Pöyry's contract covers the first phase of the project, which is to be completed by 2010. The project as a whole is expected to be fully realized only by the year 2020. All the activities are part of the flood protection measures being currently implemented within the Czech Republic.
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: Pavel Kutalek, President, Pöyry Environment a.s., Czech Republic Tel. +420 602 720 194 Bernd Kordes, President, Business Area Water & Environment, Germany Tel: +49(0)172 6292967
