Summary of decisions by Länsimetro Oy’s Board of Directors on 20 December 2018

The Board of Directors received a status report and annual report on the construction of West Metro’s second phase, the Matinkylä–Kivenlahti section. Construction work met the targets set for 2018.  The revised project plan was approved, the construction contracts were completed (6 contracts, total value roughly EUR 318 million), 17 subcontracts were completed (valued at around EUR 73 million), around 13,200 production plans were completed, most of the building permits were received, the excavation work was completed, and construction work was started at all the sites. The excavation contracts came in at approximately EUR 14 million below budget. The Board of Directors received an account of the increases in planning costs occurring during construction.

The Board of Directors also reviewed the main risks linked with the construction work. The progress of the Lippulaiva shopping centre project at Espoonlahti will be monitored carefully, as the construction work involved will affect the progress of the West Metro station contract at Espoonlahti and consequently the overall schedule of the metro project. The projects have a number of joint structures. The Board of Directors received an account of the increases in planning costs occurring during construction.

The Board of Directors received, as owner of West Metro, a status report and annual report on the management and maintenance of the Ruoholahti–Matinkylä section.  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 of Directors approved the company’s budget for 2019.

The next Board meeting will be on 24 January 2019.

Further information:

Ville Saksi, CEO, Länsimetro Oy, tel. +358 44 998 2086

Olli Isotalo, Chairman of the Board of Directors, Länsimetro Oy, tel. +358 50 593 3359

Media contact person Satu Linkola, Communications Director, tel. +358 46 877 3392