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Rejlers signs agreement with Agder Energi

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

“These are important and large agreements for Rejlers Norway. We look forward to continue developing our good cooperation with Agder Energi Nett which is one of Norway's most innovative network operators”

Agder Energi and Agder Energi Nett have utilized two options in the framework agreements for engineering services with Rejlers' (STO:REJL) Norwegian operations. The options have an estimated contract value of NOK 45 million. Since experienced engineers are something of a rare commodity these days Agder Energi secures access to expertise by these framework agreements.

Within the frame of the agreements Rejlers will deliver consulting services in electric power and energy. Rejlers will also inspect and carry out audits in electrical systems and educate about electrical safety issues in schools.

“These are important and large agreements for Rejlers Norway. We look forward to continue developing our good cooperation with Agder Energi Nett which is one of Norway's most innovative network operators”, says Morten Thorkildsen, CEO Rejlers Norway.

“We are very pleased about this agreement that gives us access to competent engineers with cutting edge experience”, says Svein Are Folgerø, CEO Agder Energi Nett.

Rejlers discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09.00 am on July 1st 2014.

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 1,800 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We are continuing to grow rapidly and our activities are spread across 80 locations in Sweden, Finland, Norway and Russia. In 2013 Rejlers had revenue of approx. SEK 1.5 billion and its Class B share is listed on the Nasdaq OMX, Nordic list.

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Contacts

Rejlers Norway
Morten Thorkildsen
CEO
+47 951 82 695
e-mail: morten.thorkildsen@rejlers.se
or
Rebecka Oxelström
Head of Communications
+46 73 412 66 75
e-mail: rebecka.oxelstrom@rejlers.se