Pöyry has agreed to sell the entire share capital of Pöyry Romania SRL to the company's management. Parties have agreed not to disclose the transaction price. The closing of the transaction is subject to the registration in the Trade Register, which is expected in July 2012.
Pöyry acquired the company which was then called Consilier Construct Srl in early 2008. Pöyry Romania's focus has been on the transportation market and it has also been active in the water and environment sector as well as the building sector. The company has 70 employees and it is part of Pöyry's Urban business group. Pöyry Romania SRL will be excluded from Pöyry's financial reporting as of 30 June 2012 with only a minor impact.