Sweco to Improve Safety at the Ringhals Nuclear Power Plant
October 23 2012 - 4:14AM
Business Wire
Regulatory News:
Sweco (STO:SWECA) (STO:SWECB) (Pink Sheets:SWDBF) has been
awarded a major contract to modernise the electric power systems at
the Ringhals nuclear power plant. The assignment is part of an
effort to continuously improve safety in the facility. The contract
is valued at over EUR 10.6 million.
“In view of the rigorous safety requirements for nuclear power
plants today, it is a great honour to be entrusted with total
responsibility for modernising the electric power systems at
Ringhals,” says Erik Severin, President of Sweco Energuide.
The project will entail comprehensive upgrading of the internal
electric power systems in Ringhals reactor 1. Work will be carried
out as a collaborative effort between Sweco and Ringhals in which
Sweco has been assigned total responsibility for engineering
design, testing and implementation of the new systems. Sweco will
contribute wide-ranging technical expertise and in addition to
electric power consultants, will also provide ventilation and
calculation experts.
“This is a long-term initiative and will create a good platform
for us to recruit new employees. We expect to have over 20
employees working on the project over the next few years,” says
Erik Severin.
The project is scheduled for completion at the end of 2016.
Sweco is an international consulting group with combined
expertise in consulting engineering, environmental technology and
architecture. Sweco has annual sales of approximately SEK
6.7 billion and around 7,700 employees in 12 countries. The
company has projects currently underway in some 80 countries
worldwide. Sweco is listed on NASDAQ OMX Stockholm AB.
Sweco discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading
Act. The information was submitted for publication on 23 October
2012, 10:00 CET.
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