ETTEPLAN AND ABB OY SIGNED A CO-OPERATION AGREEMENT
ETTEPLAN OYJ RELEASE 18 AUGUST 2005 11.00 A.M. 1 (1)
ETTEPLAN AND ABB OY SIGNED A CO-OPERATION AGREEMENT
Etteplan Oyj and ABB Oy have signed a co-operation agreement.
According to the agreement Etteplan provides flexible and cost-
effective design services to ABB Oy.
According to the agreement 9 mechanical engineering designers
from ABB Oy's Transformers unit in Vaasa will transfer to Etteplan
under their current terms of employment on September 1, 2005.
The agreement strengthens Etteplan's position as a provider of
design services both geographically and technologically and gives
good presumptions to further development of operations.
Through this co-operation ABB Oy aims to improve the flexibility
of its' functions by focusing more on its' core business and
critical services supporting it.
ABB is a leader in power and automation technologies that enable
utility and industry customers to improve performance while lowering
environmental impact. The ABB Group of companies operates in around
100 countries and employs around 100,000 people where of more than
6000 in Finland. For more information of the company, please visit
www.abb.fi.
Etteplan Oyj is a profitably growing international engineering
design company which supplies high-quality design services for
the production and product development processes of industrial
technology. The core areas of expertise are mechanical engineering
and automation design as well as software development, electronics
design and EMC-services. In 2004, turnover of Etteplan Group was
62 MEUR. At the moment the company employs more than 1200 persons
in Finland, Sweden, Germany, Italy and China. For more information,
please visit www.etteplan.com.
Hollola, 18 August 2005
Etteplan Oyj
Heikki Hornborg
CEO
For additional information, contact:
Etteplan Oyj, CEO Heikki Hornborg, tel. +358 400 873 063 or
Vice President Risto Koivunen, tel. +358 400 649 656.
ABB Oy, Senior Vice President, Transformers, Jukka Auranen,
tel. +358 50 334 1253.
DISTRIBUTION: Helsinki Exchanges
Principal media
www.etteplan.com