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May 25, 2012 01:51 pm US/Eastern
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AF AB : ÅF wins contract with SKB for storage of nuclear fuel at Forsmark

02/10/2012 | 08:45am

For further information:

Mats Påhlsson, President, ÅF Infrastructure Division +46 (0)70-534 64 00
Per Magnusson, President, ÅF Industry Division +46 (0)70-676 64 26
Viktor Svensson, Executive Vice President, Corporate Information +46 (0)70-657 20 26

ÅF has signed a contract, together with Tyréns AB, with the Swedish Nuclear Fuel and Waste Management Company, SKB, relating to the systems project management of the storage of spent nuclear fuel at Forsmark. At the end of 2011 ÅF and Tyréns announced their involvement in a preliminary study prior to systems project management (SEK 6 million). The new contract is estimated to be worth approximately SEK 75 million, at least half of which is expected to accrue to ÅF. The assignment will be carried out during 2012 and 2013.

Systems project management involves producing drawings, models, specifications and system solutions ahead of the planned starting date for the construction of the nuclear fuel storage facility in 2017.

Most of the work will be carried out by ÅF in Stockholm and will call upon resources and expertise from various ÅF divisions. Project management activities will be conducted in close liaison with SKB on site at Forsmark.

ÅF has won this order thanks both to a strong portfolio of references from major infrastructure and industrial projects and to the company's world-class expertise in the nuclear power industry.

ÅF AB

Corporate Information

The ÅF Group is a leader in technical consulting, with expertise founded on more than a century of experience. We offer highly qualified services and solutions for industrial processes, infrastructure projects and the development of products and IT systems. Today the ÅF Group has more than 4,500 employees.
Our base is in Europe, but our business and our clients are found all over the world
.

Press release PDF :
http://hugin.info/1253/R/1584693/495851.pdf



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: ÅF AB via Thomson Reuters ONE

HUG#1584693
 
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