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Stora Enso’s subsidiary Efora Oy to outsource its Veitsiluoto Mill Engineering operations to Etteplan

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Etteplan press release, June 17, 2021 at 10.00 a.m. EEST

Stora Enso’s subsidiary Efora Oy will outsource its Veitsiluoto Mill Engineering operations to Etteplan. The outsourcing is related to Stora Enso’s decision to close the production of paper and pulp at Veitsiluoto Mill in Kemi, Finland by the end of Q3 2021. According to the contract, a maximum of 21 Efora project managers and project engineers will transfer to Etteplan as existing employees as of  August 1, 2021.

”We are pleased that the entire Engineering team will transfer to Etteplan. This way we can benefit from their know-how also in the future as part of our cooperation with Etteplan”, says Pekka Ruutu, Managing Director, Efora Oy.

”The now agreed outsourcing contact strengthens Etteplan’s position and capabilities in smart factory maintenance engineering and strengthens our relationship with Stora Enso and its subsidiary Efora. I wish the Engineering team warmly welcomed to Etteplan”, says Riku Riikonen, SVP for Engineering Solutions at Etteplan.

”The outsourcing strengthens also our market position in the Northern Finland, where we along this agreement already have some 150 specialist and several significant customers in the process industry”, Riikonen concludes.

More information
Riku Riikonen, SVP, Engineering Solutions, Etteplan, tel. + 358 50 522 8255
Outi Torniainen, SVP, Marketing and Communications, Etteplan, tel. +358 10 307 3302

Efora in brief

Owned by Stora Enso, Efora Oy was established in 2009 as an industrial service company specializing in maintenance and engineering services. The company provides on-going maintenance contracts, engineering and specialist services especially for paper and board production lines, pulp mills, sheeting lines, power generation for mills and saw mills. www.storaenso.com

Etteplan in brief

Etteplan provides solutions for
software and embedded solutions, solutions for industrial equipment and plant engineering and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.

In 2020, Etteplan had a turnover of approximately EUR 260 million. The company currently has over 3,400 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