Summary of decisions by Länsimetro Oy’s Board of Directors on 13 June 2019

The Board of Directors convened on 13 June 2019. The Board of Directors received a status report and risk management report on the construction work for phase two, the Matinkylä–Kivenlahti section. The project is progressing on schedule and within budget.

The board meeting addressed the status report on the ownership of phase one, Ruoholahti–Matinkylä: the organisation, tasks, life-cycle economy, risk management and the servicing and maintenance situation. 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 Board was presented a status report on the phase one construction projects that are under Länsimetro Oy’s responsibility: Tapiola’s south entrance (completed), Matinkylä’s west entrance, Matinkylä’s service tunnel and emergency shelter, Matinkylä’s bus terminal’s glass wall (completed), and the new entrance to the Urheilupuisto metro station.

The Board decided to put out for tender a EUR 50 million loan item in one or more loans to finance the Matinkylä–Kivenlahti project.

The next meeting will be held on 22 August 2019.

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