Pöyry awarded design assignment for underground parking facility in Helsinki, Finland

PÖYRY PLC   Press release 16 November 2015 at 2 pm (EET)

Pöyry awarded design assignment for underground parking facility in Helsinki, Finland

YIT has awarded Pöyry with an assignment for the design of the Töölönkatu parking facility in Helsinki, Finland. Pöyry will be the head designer for the project, covering the geotechnical, rock, architectural and structural design of the underground parking facility. YIT will be responsible for the construction of the facility. The project will commence in November and be completed in spring 2019.

The parking facility will consist of three floors offering parking spaces for 800 vehicles. This new parking solution will boost the development of the Töölö district from the points of view of housing, businesses and services. Töölön Pysäköintilaitos Oy is the owner of the project.

"Underground construction is an area where we have leading edge expertise, and plays a central part in the development of densely built growth centres. We are proud of the trust shown by YIT in Pöyry, and are pleased to be part of this interesting and demanding underground parking project," says Mikko Inkala, President of Infrastructure Design at Pöyry.

The value of the order will not be disclosed. The order will be recognised within the order stock of Regional Operations in Q4 2015.

PÖYRY PLC

Additional information by:

Mikko Inkala
President, Infrastructure Design Unit, Regional Operations, Northern Europe
Tel. +358 1033 21112

Pasi Tolppanen
Director, Regional Operations, Northern Europe
Tel. +358 1033 26656

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 OMX Helsinki (Pöyry PLC: POY1V).