SARARASA’S PELLET PRODUCTION PLANT RECEIVES INDONESIA’S

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News Desk 2018
SARARASA’S PELLET PRODUCTION PLANT RECEIVES INDONESIA’S SVLK CERTIFICATE

Espoo, Finland, 2016-05-30 09:45 CEST (GLOBE NEWSWIRE) --   Dovre Group Plc                                    Press release                      May 30, 2016 at 10.45 am

SARARASA’S PELLET PRODUCTION PLANT RECEIVES INDONESIA’S SVLK CERTIFICATE

Dovre Group Plc’s Singaporean joint venture’s, SaraRasa Bioindo Pte. Ltd’s, Indonesian production unit has been granted a legality certificate under the state of Indonesia’s timber legality assurance system (SVLK). The certificate, issued by an independent assessment body, certifies that the raw material used at the production plant, its origin, and processing meet the applicable national legality requirements. The certificate enables SaraRasa to market its pellet production in, for example, Japan and Korea, who both recognize the SVLK certificate as a proof of the legality of the pellets’ origin.

In May, the owners of Bioindo’s production unit signed a shareholders’ agreement with a new owner. The new owner is a local operator. As a result of the new shareholders’ agreement, Dovre Group’s ownership in Bioindo’s production unit decreased to 20%.

For further information, please contact:

Dovre Group Plc Ilari Koskelo, Member of the Board of Directors tel. +358-40-510 8408 ilari.koskelo@navdata.com www.dovregroup.com

Dovre Group is a global provider of project management services. Dovre Group has two business areas: Project Personnel and Consulting. Dovre Group has offices in Norway, Canada, the US, Singapore, South Korea, the UAE, Russia and Finland, and employs around 700 people worldwide. Dovre Group is listed on the Nasdaq Helsinki (symbol: DOV1V). Company web site www.dovregroup.com .

DISTRIBUTION: Nasdaq Helsinki Ltd Major media www.dovregroup.com

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