Fortum and Maintpartner have signed a three-year operation and maintenance agreement regarding Fortum’s hydropower plants in the Oulujoki and Imatra regions of Finland.
Under the agreement, the local operation and maintenance personnel of Fortum’s hydropower plants will transfer to Maintpartner as existing employees, effective 1 December 2013. The number of employees transferring from the Oulujoki and Imatra regions is 34 and 19, respectively. Some Fortum employees will remain locally at the power plants. These employees will focus on the management of hydropower assets, on local stakeholder relations and on hydropower investment projects.
“Hydropower is a core business for Fortum. We want to focus our own resources on planning and implementing maintenance and refurbishment investments targeting our plants. This is why we wanted a partner specialising in the daily maintenance of our plants,” Fortum’s Risto Andsten, Vice President, Renewable Energy, explains the decision.
“The agreement signed with Fortum is a significant step for Maintpartner as we expand in local operation and maintenance of hydropower plants as well as in project and installation services, especially in the Nordic countries,” says Maintpartner’s Juha Lepikko, Deputy Managing Director.
Risto Andsten, Vice President, Renewable Energy, Fortum, tel. +358 50 453 3988
Juha Lepikko, Deputy Managing Director, Maintpartner Oy, tel. +358 50 453 2035
Fortum’s purpose is to create energy that improves life for present and future generations. We provide sustainable solutions that fulfil the needs for low emissions, resource efficiency and energy security, and deliver excellent value to our shareholders. Our activities cover the generation, distribution and sales of electricity and heat as well as related expert services.
Fortum’s operations focus on the Nordic countries, Russia, Poland and the Baltics. In the future, the integrating European and fast-growing Asian energy markets provide additional growth opportunities. In 2012, Fortum’s sales totalled EUR 6.2 billion and comparable operating profit was EUR 1.7 billion. We employ approximately 10,400 people. Fortum’s shares are quoted on NASDAQ OMX Helsinki.
Further information: www.fortum.com
Maintpartner is a supplier of industrial maintenance and operation services. We are experts in maintaining availability of technical processes in the industry and the public sector, helping our customers to focus on their core business. Maintpartner employs in Finland approximately 1,100 people, and has net sales of approximately EUR 120 million a year. The company is part of Maintpartner Group.
More information at www.maintpartner.com.