Pöyry awarded implementation consultancy services assignment for the energy efficiency Zhytomyr project in Ukraine

PÖYRY PLC   Press Release 9 October 2015 12pm (EEST)

Pöyry awarded implementation consultancy services assignment for the energy efficiency Zhytomyr project in Ukraine

The Zhytomyr City Council and the Public utility, ZhytomyrTeploKommunEnergo, of Zhytomyr City Council have awarded Pöyry with the implementation consulting services assignment for the energy efficiency Zhytomyr project in the Ukraine. The assignment includes feasibility studies, purchasing support, capacity building, and specific technical expertise.

The overall project will deliver improved municipal infrastructure and energy efficiency; introduce, as appropriate, renewable energy sources; build capacity in the District Heating company and raise awareness about energy efficiency and renewable energy, in order to increase living standards, promote economic development and provide a response to climate change.

The outcomes of the project will be a more sustainable management and use of energy within the area resulting in reduced CO2 emissions, a more sustainably managed District Heating company and an increased reliability of the heat and warm water supply.

"As one of the world's leading power engineering companies, Pöyry is proud to support this important energy efficiency project in the Ukraine", says Raffael Schubiger, Pöyry's Head of Thermal Power and Renewables.

The value of the order is not disclosed. The order will be recognised within the Energy Business Group order stock in Q3/2015.

Additional information by:

Dr Raffael Schubiger
Vice President, Thermal Power & Renewables
Tel. +41 76 356 20 67

Dr Michael Gruenenfelder
Regional Director Europe & New Markets, Thermal Power & Renewables
Tel. +41 78 706 31 28

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).