Sweco gets major order when Outokumpu invests in Avesta

Sweco gets major order when Outokumpu invests in Avesta 

The Finnish steel manufacturer, Outokumpu, is initiating an investment to
increase production capacity at the ironworks in Avesta. Sweco is being engaged
for project and construction management; an assignment that is worth almost SEK
70 million.

Outokumpu is investing approximately SEK five billion in increasing the
production at the steel plant in Avesta, an investment that will create around
100 new jobs at the ironworks. 

”We are extremely happy that Outokumpu has confidence in us and wants to work
with us. Sweco has a great deal of experience with this type of advanced
assignment for Swedish and foreign industry,” says Richard Furuhovde, Assignment
Manager at Sweco.  

Sweco is being engaged for project management, construction management, and
planning the project, which consists of an expansion of the steel plant as well
as a new AP-line and a new slab grinder facility. The investment will increase
capacity at Avesta in regard to finished products made of so-called duplex
stainless steel. Capacity will more than double, from the current 250,000 tons
to 650,000 tons.

Sweco has participated in several major project management assignments within
the Swedish steel and mining industries in recent years, for example, LKAB's new
pellet plants, MK3 and KK4. Several of Sweco's competences within, for example,
construction, infrastructure, project management and energy, will be used in the
assignment at Avesta. 


For further information please contact:
Richard Furuhovde, Assignment Manager at Sweco, +46 8-692 55 33,
richard.furuhovde@sweco.se
Sören Hed, President, Sweco Structures, + 46 8- 692 55 38, soren.hed@sweco.se

Sweco is a provider of international consulting engineering services with
combined expertise in engineering, environmental technology and architecture.
The Group has annual sales of approximately SEK 4.6 million and 5,400 employees
in ten countries. The company has projects currently underway in some 80
countries worldwide. Sweco is a member of the OMX Nordic Exchange Stockholm.

The information contained herein may be subject to the disclosure requirements
in the Swedish Securities Exchange and Clearing Operations Act and/or the
Financial Instruments Trading Act.