Rejlers takes over consulting and service business from TeliaSonera

(REJL B)

Rejlers' subsidiary in Norway, Rejlers AS, has signed a three-year contract with TeliaSonera Norway AS, to take over consulting and service business for mobile phones. The group includes less than 40 employees that will become part of Rejlers AS from 1 May 2012. The value is initially at approximately NOK 60 million.

After this reinforcement, Rejlers AS will have approximately 60 employees in Norway, mainly in the telecom area. Another major order for Rejlers AS is the monitoring responsibilities for Nødnett.

Through recruiting new staff and implementing strategic takeovers we will reach our objective to employ at least 2,015 employees and have a turnover of at least SEK 2,015 million by 2015.

For further information:
Peter Rejler, President and CEO, +46 70 602 34 24
Lars Solin, CFO, +46 73 386 15 20
www.rejlers.com

Rejlers is a Nordic expertise group within electro-technology, energy, mechanics, automation, electronics, IT and telecommunications. Rejlers' shares are listed on the NASDAQ OMX Stock Exchange.

Rejlers discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 12.00 on 15 Mars 2011.

About Us

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 2,000 experts work with projects in the areas of Energy, Buildings, Industry, Infrastructure and Telecom. At Rejlers, you will meet specialist engineers with the knowledge, cutting edge expertise and energy to achieve results. We can be found in 75 locations in Sweden, Finland and Norway. Rejlers recorded revenue of SEK 2.5 billion in 2017 and its class B share is listed on Nasdaq Stockholm.

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