OUTOTEC OYJ PRESS RELEASE APRIL 4, 2018 at 9:00 AM
Outotec outsourced some project engineering activities to Citec
Outotec has finalized the negotiations with employee representatives announced on October 26, 2017 to outsource its German-based project engineering function to Citec. As a result of the negotiations, 59 Outotec employees have transferred to Citec as of April 1, 2018.
Citec is a global engineering company providing multi-discipline engineering services to the energy and other technology-dependent industries. The outsourcing will not have an impact on Outotec's financial guidance for 2018.
"By outsourcing part of our engineering activities, we create more flexibility to our organization and decrease Outotec's fixed costs in the long run. Citec is a suitable partner for us as they have already presence and an existing customer base in Germany and Finland, and excellent references", says Kalle Härkki, Head of Outotec's Metals, Energy & Water business.
For further information please contact:
Kalle Härkki, President - Metals, Energy & Water business unit
Tel. +358 20 529 211
Eila Paatela, Vice President - Corporate Communications
Tel. +358 400 817198