Sweco expands in Russia - acquires infrastructure consultancies with 260 employees

Sweco expands in Russia - acquires infrastructure consultancies with 260
employees

Sweco has acquired the Russian infrastructure consulting companies OOO
IKPT and ZAO NIPI, both leading engineering consultancies in the
transport sector. Through the acquisitions, Sweco has significantly
advanced its position in Russia and will have a total of 360 consultants
in the country.

The acquisition represents a further step in Sweco's initiative to
expand in Eastern Europe and Russia in the infrastructure, environmental
and energy segments. Sweco now has close to 1,300 employees in Eastern
Europe and Russia.

“Russia represents an attractive opportunity for Sweco. The country has
an extensive need to modernize its infrastructure, particularly in the
transport sector. Russia has a strong growth and healthy public finances
to back up the required investment's. The acquisitions represent a major
step forward for us in the Russian market,” says Mats Wäppling, CEO of
Sweco.

Both companies have offices in St. Petersburg, Moscow and Niznhy
Novgorod. IKTP is mainly active in road design and NIPI in
transportation consulting. In recent years the companies have played a
leading role in several of Russia's most important transportation
projects, including a major road reform on behalf the Russian government
and transportation planning in preparation for the Olympic Games Sochi.

“The acquired companies are among the country's most respected
infrastructure consultancies with a solid track record of prestigious
projects and strong growth. We already have strong positions in water
and environment in Russia and can now offer our leading expertise in the
infrastructure area, "says Jonas Dahlberg, President of Sweco Russia.

The companies, which had previously been marketed together under the
name RDIRDT, have combined sales of about SEK 80 million. Sweco has
acquired 100 percent of the shares in both companies.

Sweco has already some 100 employees within water and environment in St.
Petersburg.

For further information please contact:
Mats Wäppling, President and CEO of Sweco, +46 8-08 695 66 07, +4670-645
03 21
Jonas Dahlberg, President of Sweco Russia, +46 8 695 63 32, +46 70-347
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