Škoda Transtech’s engineering and documentation department’s operations in Oulu, Finland will be partially transferred to Etteplan

ETTEPLAN OYJ, Press Release, 25.4.2024 at 3.45 p.m. (EEST)

Škoda Transtech’s engineering and documentation department’s operations in Oulu, Finland will be partially transferred to Etteplan

Etteplan and Škoda Transtech have agreed on the partial transfer of the engineering and documentation department’s operations of Škoda Transtech in Oulu, Finland to Etteplan. According to the agreement, 21 employees from Škoda Transtech will join Etteplan as existing employees as of May 1, 2024. The agreement is related to Škoda Transtech's concluded change negotiations.

Based on the newly established partnership agreement, Etteplan will be the preferred partner for providing product engineering, documentation, and technical services required for Škoda Transtech’s delivery projects.

"The agreement strengthens Etteplan's position and expertise, especially in engineering, technical services, and documentation related to the rolling stock for rail transport. In return, we offer the customer our digitalization and artificial intelligence (AI) expertise as well as the related benefits and increased efficiency that can be obtained. I warmly welcome the transferring employees from Škoda Transtech to Etteplan," says Riku Riikonen, SVP for Engineering Solutions at Etteplan.

"The agreement with Etteplan improves our cost efficiency and competitiveness in the rail rolling stock engineering and delivery projects. It is important for us that the transferred personnel can continue their work with a new employer," says Juha Vierros, CEO of Škoda Transtech Oy.

"The agreements we make with our customers demonstrate that Etteplan's offering has effective and functional solutions for companies in situations of change, such as Škoda Transtech in Oulu," adds Riikonen.

For more information:
Riku Riikonen, SVP, Engineering Solutions, Etteplan, tel. +358 50 522 8255
Jarno Jukola, Director, Service Solutions, Engineering Solutions, Etteplan, tel. +358 10 307 2049
Kimmo Kallio, Vice President, Technical Communication Solutions, Etteplan, tel. +358 10 307 2928
Outi Torniainen, SVP, Marketing and Communications, Etteplan, tel. +358 10 307 3302
Juha Vierros, CEO, Škoda Transtech, tel. +358 8 870 6900

Etteplan in brief

Etteplan is a growing technology service company with the purpose of bringing people and technologies together to change things for the better. Together with our customers, we are building a world where every system, process, and product can be made smarter, more efficient, and more sustainable. Our customers include world’s leading companies in the manufacturing industry.

In 2023, we had a turnover of EUR 360.0 million and around 4,000 professionals in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com