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Pöyry Awarded Eur 8 Million Contract For Mass Transit System In Venezuela


WEBWIRE

November 20, 2006 - Pöyry’s Infrastructure & Environment business group has been awarded an extension to their existing consultancy engineering contract with Metro de Maracaibo C.A., Venezuela. The total value of this contract is EUR 8 million.

The contract relates to Line 1 of the light rail transport system in Maracaibo and includes project review, site supervision, quality management, contract management, supervision of the maintenance of electro-mechanical equipment and rolling stock, planning, and employee training. The services are to be carried out between January 2007 and beginning of 2009.

Pöyry’s Infrastructure & Environment business group has an excellent track record for major transport projects in Latin America. Projects have been undertaken in Argentina, Brazil, Chile, Costa Rica, Colombia, Mexico, Peru and Venezuela.

Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry’s annual net sales amount to about EUR 600 million and it employs 6000 experts.

PÖYRY PLC

Erkki Pehu-Lehtonen Teuvo Salminen
President and CEO Deputy to President and CEO



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