Summary of Länsimetro Oy’s meeting of the Board of Directors on 29 April 2021

Länsimetro Oy’s Maintenance Manager presented the Q1 report for the Ruoholahti–Matinkylä section owned by Länsimetro Oy, as well as HKL’s report for Länsimetro Oy on property maintenance, rail maintenance, and mandatory test runs and repairs related to maintenance. HKL reports to Länsimetro Oy on the use of the rail line and stations and related service and maintenance tasks.

The Managing Director submitted to the Board a status report on the construction and cost monitoring of the Matinkylä–Kivenlahti section through the war room’s monitoring view. Construction is progressing in line with the project plan’s risk-assessed schedule and budget. Metro traffic is expected to start up on the new section during 2023. Test runs of the rolling stock will start in June and testing with the metro trains in early autumn.

The CEO presented the risk report on construction of the Matinkylä–Kivenlahti section. The project is proceeding in line with the project plan’s schedule and budget.

Länsimetro Oy’s CFO presented the cost monitoring for the Matinkylä-Kivenlahti section, the budget for procurement decisions and financial statements for the subsidiaries and associated companies. Construction is progressing in line with the project plan’s budget. Länsimetro Oy’s financial statements will be published as part of the financial statements of the City of Espoo.

Länsimetro Oy’s Communications Director presented communications measures during Q4 and Q1. Planning of communications for the commissioning phase leading up to the start of metro traffic has begun in co-operation with HSL, HKL and the City of Espoo. Metro traffic is expected to start up on the new section during 2023. A more detailed schedule will be released as the construction and testing phase of the West Metro moves forward. Once coronavirus restrictions are lifted, visits to the stations can be arranged again as planned.

The next meeting of the Board of Directors will be held on 27 May 2021.

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