TVO confirms a settlement agreement signed on OL3 EPR project completion and related disputes
(UPM, Helsinki, 11 March 2018 at 19:30 EET) - Teollisuuden Voima Oyj (TVO) confirms that it has signed a comprehensive settlement agreement concerning the completion of the OL3 EPR project and related disputes with OL 3 EPR (OL3) plant supplier consortium companies Areva NP, Areva GmbH and Siemens AG as well as with Areva Group parent company Areva SA, a company wholly owned by the French State. According to TVO the entry into force of the settlement agreement is subject to certain conditions that are currently expected to be met during March 2018. It is not certain, therefore, that the