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Pöyry Oyj: Pöyry awarded an engineering and implementation services framework agreement with Gasum, Finland

PÖYRY PLC Press Release 9 February 2016 at 12 pm (EET)

Pöyry awarded an engineering and implementation services framework agreement
with Gasum, Finland

Gasum and Pöyry have signed a five year framework agreement for engineering
and project implementation services to develop, plan and implement Gasum's
natural gas projects in Finland. Gasum's aim is to achieve smart and
competitive natural gas solutions for Finnish markets. The agreement covers
project management, HSE, procurement, engineering, document management and
other related services. Pöyry is one of three engineering companies that were
awarded with the frame agreement after public procurement procedure.

Gasum is a gas sector (natural gas and biogas) expert that is building a
bridge to a carbon-neutral society on land and at sea. Gasum contributes to
the creation of a sustainable energy economy by increasing the supply of
Finnish biogas, developing the Nordic gas ecosystem and ensuring the price
competitiveness of gas. Gasum imports natural gas to Finland, upgrades biogas
and transmits and delivers these for a broad range of uses in energy
production, industry, homes, and land and maritime transport. Gasum is the
leading supplier of biogas in Finland. It injects biogas into the gas network
from Espoo, Kouvola and Lahti, and from 2016 onwards also from Riihimäki. The
Gasum subsidiary Skangas is a Nordic liquefied natural gas (LNG) specialist
that continues to strengthen the position of LNG and the broader utilization
of new solutions in Finland, Sweden and Norway. Skangas has LNG terminals in
Øra, Norway, and Lysekil, Sweden. Finland's first LNG import terminal will be
completed in Pori in 2016.

"We are proud of the trust that Gasum shows in Pöyry via this framework
agreement. The agreement is a platform for our co-operation for the years to
come, proving our competence and excellent service level in engineering and
project services. Through successfully executed projects we continue our
strong relationship with Gasum." comments Tuukka Sormunen, Pöyry's Head of
Chemicals&Biorefining, Northern Europe.


Additional information by:

Tuukka Sormunen
Head of Chemicals&Biorefining, Northern Europe
+358 10 33 22128

Nicholas Oksanen
Executive Vice President, Industry
+358 10 33 22294

Pöyry is an international consulting and engineering company. We serve clients
globally across the energy and industrial sectors and provide local services
in our core markets. We deliver management consulting and engineering
services, underpinned by strong project implementation capability and
expertise. Our focus sectors are power generation, transmission&distribution,
forest industry, chemicals&biorefining, mining&metals, transportation and
water. Pöyry has an extensive local office network employing about 6,000
experts. Pöyry's net sales in 2014 were EUR 571 million and the company's
shares are quoted on Nasdaq Helsinki (Pöyry PLC: POY1V).


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire


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