Vattenfall to sell parts of its Swedish engineering consultancy
Vattenfall has agreed to sell parts of its Swedish engineering consultancy, Vattenfall Power Consultant AB to Pöyry PLC. The engineering consultancy, focusing on hydro power, wind power and power networks as well as thermal power, will be incorporated into a newly established company in Sweden to be called SwedPower AB.The divestment is part of Vattenfall's new strategic direction, focusing on the core business and markets in Sweden, Germany and Netherlands. Engineering and technical consultancy offered primarily to an external market is no longer regarded as a core business within