Summary of Länsimetro’s meeting of the Board of Directors on 19 December 2019

A status report on the construction of the Matinkylä–Kivenlahti section was presented to the Board of Directors. In connection with the status report, comprehensive schedule and cost-risk assessments that were conducted during the fall on the construction of the Matinkylä–Kivenlahti section were presented. Construction of the Matinkylä–Kivenlahti section is progressing in line with the project plan’s schedule and budget.

The Board decided on the procurement of insurance in accordance with the proposal made to the Board.

The Board confirmed Länsimetro Oy’s budget for 2020 (budget related to asset management). City of Espoo’s budget proposal 2020 (in Finnish).

The Board approved the updated Corporate Governance guidelines.

The Board authorised the CEO to sell Länsimetro’s shares in Jousenpuisto pysäköinti Oy. The City of Espoo will continue the park & ride operations in the parking facility on behalf of Länsimetro.  Länsimetro Oy’s group structure is presented on the website in Finnish.

The next meeting of the Board of Directors will be held on 22 January 2020.

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