Rejlers Receives Assignment from Fortum Distribution

Regulatory News:

Rejlers (STO:REJL)

Rejlers continues to be entrusted, to an even greater degree, with the work involved in delivering TP SELMA, which is Fortum Distribution’s hourly balancing system. The assignment runs for four years with an option for an additional three years. The total orders for the first four years are worth approximately SEK 8 million.

Rejlers’ assignment involves developing and delivering TP SELMA, which quality assures, structures and reports meter readings to the market players for installations with a fuse in excess of 63 amperes and a power rating contract. What is new in this assignment compared with the previous similar one is that there is now a stricter requirement for security classification with parallel solutions to ensure that no data can go missing.

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 1,800 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We are continuing to grow rapidly and our activities are spread across 80 locations in Sweden, Finland, Norway and Russia.. In 2013 Rejlers had revenue of approx. SEK 1.5 billion and its Class B share is listed on the Nasdaq OMX, Nordic list.

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