PÖYRY PLC   Press Release Monday 21 January 2019 at 08:00 (EET)

Pöyry and Vattenfall Eldistribution AB signs a new frame agreement covering technical consultancy services. The frame agreement is valid for two years from January 2019, with the option of extending for another three years, one year at a time. Pöyry has been qualified within all four required work packages which include local grid, distribution power lines, distribution stations and network operations.

"We are of course extremely happy to be able to continue our cooperation as both Pöyry and Vattenfall Eldistribution are two progressive companies that have a strong focus on converting the Swedish energy landscape to a 100% fossil free system", says Johan Jalvemo, Head of Transmission & Distribution at Pöyry Sweden AB.

The value of the frame agreement is not disclosed. The orders will be recognised within the Energy Business Group order stock during 2018-2019.

Contact:

Johan Jalvemo Head of Transmission & Distribution, Sweden Tel. +46 10 474 17 00

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At Pöyry we are approximately 5500 experts, we speak 50 languages and we are located in 115 offices in 40 countries. Read our people stories to get to know our people, culture, how we work and what it is like to work at Pöyry. Read more about our Transmission and Distribution capabilities.

About Pöyry

Pöyry is an international consulting and engineering company.  We serve clients across power generation, transmission & distribution, forest industry, biorefining & chemicals, mining & metals, infrastructure and water & environment. Together, we deliver smart solutions and work with the latest digital innovations. Pöyry's net sales in 2017 were EUR 522 million. The company's shares are quoted on Nasdaq Helsinki.

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