Summary of decisions 17 October 2019

The Board of Directors was presented with the monitoring of administrative and maintenance performance carried out by HKL on the Ruoholahti–Matinkylä section of the West Metro. HKL not only operates the metro traffic but also reports to Länsimetro Oy on the use of the metro line and the stations and the related servicing and maintenance tasks as agreed. The meeting addressed a risk report on the ownership and operational phase of phase one, Ruoholahti–Matinkylä.

The Board approved the updated co-operation agreement between HKL and Länsimetro Oy. The co-operation agreement concerns the metro system, rail line and stations owned by Länsimetro Oy on the Ruoholahti–Matinkylä section. The updated co-operation agreement replaces the agreement signed on 3 February 2017, and its appendices. The agreement will enter into force on 1 January 2020 and will be in effect until Länsimetro’s Matinkylä–Kivenlahti section begins operations.

The key changes to the agreement relate to improving cost transparency and a target-budget approach. Clear indicators have been defined for HKL’s key result areas, and the agreement’s cost structure has been simplified to improve the monitoring of the actual servicing and maintenance tasks carried out by HKL.

A status report on the construction of the Matinkylä–Kivenlahti section was presented to the Board. Construction of the Matinkylä–Kivenlahti section is progressing in line with the project plan’s schedule and budget. The Board was presented with the personnel changes that have taken place in the construction project.

The next Board meeting will be held on 21 November.

Further information:
Olli Isotalo, Chairman of the Board of Länsimetro Oy, tel. +358 (0)50 593 3359
Ville Saksi, CEO, Länsimetro Oy, tel. +358 (0)40 823 2086
Media contacts: Satu Linkola, Communications Director, tel. +358 (0)46 877 3392