Valmet Automotive and TietoEVRY deepen co-operation

Valmet Automotive and TietoEVRY have signed an extensive new co-operation agreement. The aim is to support the execution of Valmet Automotive’s strategy, as well as add speed and scalability to the IT services based on the company’s business needs.

The new agreement deepens the existing long-term partnership between TietoEVRY and Valmet Automotive, one of the largest vehicle contract manufacturers in the world. Based on the new agreement, Valmet Automotive will modernize its business-critical IT services and expand the use of cloud services through the latest technologies and new capabilities.

“The automotive industry is going through a significant transformation, and it is important for us to co-operate with a partner delivering high-quality services that secure the continuity and flexibility of our business. This also ensures we stay at the forefront of technological development. TietoEVRY has top-class modernization capabilities, strong expertise in the development of cloud services, and a high service quality. We are very pleased to be able to deepen our co-operation,” says Pasi Rannus, Senior Vice President Manufacturing at Valmet Automotive.

“We’re happy to be a strategic and trusted partner of Valmet Automotive. In-depth knowledge of the customer’s business and close co-operation build the core of TietoEVRY’s business. Through this partnership, we can meet the future needs of the automotive industry. The expansion of cloud solutions enables the use of new technologies, and our future goal is to make it possible to use data more efficiently in the development of business operations,” says Jaakko Tapanainen, Vice President, Head of Industrial, Retail and Consumer Services, Finland at TietoEVRY.

The multi-year agreement also includes end-user and cyber-security services.

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The Valmet Automotive Group is one of the largest vehicle contract manufacturers in the world, Tier 1 systems supplier for convertible roof systems and for battery systems. In its strategic development, Valmet Automotive Group focuses on electromobility with the development and manufacturing of battery modules as well as packs for electrified vehicles. The activities in the group are organized in three business lines: Manufacturing, EV Systems and Roof & Kinematic Systems. Since its founding in 1968, Valmet Automotive has produced more than 1.7 million vehicles at the Uusikaupunki, Finland plant. In Salo, near the Uusikaupunki plant, Valmet Automotive opened its first volume production of battery systems for the automotive industry in autumn 2019. The company has locations in Finland, Germany and Poland. Valmet Automotive’s largest shareholders are state-owned Finnish investment company Tesi and the Pontos Group, each with a stake of 38.46 %. 23.08 % is held by the Chinese Contemporary Amperex Technology Limited (CATL), the world leading manufacturer of battery cells for electric vehicles.

TietoEVRY creates digital advantage for businesses and society. We are a leading digital services and software company with local presence and global capabilities. Our Nordic values and heritage steer our success.

Headquartered in Finland, TietoEVRY employs around 24 000 experts globally. The company serves thousands of enterprise and public sector customers in more than 90 countries. TietoEVRY’s annual turnover is approximately EUR 3 billion and its shares are listed on the NASDAQ in Helsinki and Stockholm as well as on the Oslo Børs. www.tietoevry.com