A significant agreement between Outotec and CTS Engtec

Global leader in minerals and metals processing technology, Outotec has granted a major detailed design assignment to the Finnish engineering, consulting and project management company CTS Engtec Oy.

CTS Engtec is responsible for layout design, process instrumentation, process piping and process electrification of  Malomir and Pioneer gold concentrators and Pokrovskiy autoclave and hydrometallurgical plant. All plants are located in Amur region, Russian Far East.

The plants are owned by the Russian Petropavlovsk Group, which is the third biggest gold producer in Russia. The Petropavlovsk -project has started in September.

The contract further strengthens CTS Engtec´s position as one of the leading engineering companies in mining and metals industry. CTS Engtec has many on going mining industry projects in Finland including Sotkamo Silver and Endomines.

Outotec received additional orders from the Russian Petropavlovsk Group

Outotec has signed contracts for detail engineering and delivery of gold pressure oxidation (POX) technology with the Russian Petropavlovsk Group of Companies. The contracts are together worth EUR 34 million.

The projects will be completed in August 2012.

More information:

Kirsi Juura

Manager, Marketing and Corporate Communications,

mob. + 358 40 591 3339, This e-mail address is being protected from spambots. You need JavaScript enabled to view it

CTS Engtec

CTS Engtec is an engineering, project management and consulting company working for process industries since 1973.  With its highly competent staff and strong expertise in energy, forest, mining, metal, chemical and petrochemical industries the company has successfully accomplished over 1500 major assignments in over 40 countries. The range of services provided by CTS Engtec comprises studies, engineering, ecological technology solutions, project management, maintenance. CTS' turnover in 2010 equaled to EUR 13 million.

With its headquaters in Kouvola (Finland), CTS is actively expanding its operations domestically, as well as abroad: recently new regional offices in Oulu, Espoo and Turku were open, and are now providing even better service for its customers.  At the end of November, 2011 a subsidiary in St. Petersburg (Russia) will be inaugurated.

 Outotec

Outotec  is a developer and provider of technology solutions for the sustainable use of Earth's natural resources. Over years the company has developed several innovative technologies. Outotec provides breakthrough solutions for chemical industry, industrial water treatment and the utilization of alternative energy sources.  Its turnover in 2010 equaled to EUR 969.6 million, with EUR 74.7 million of operating profit. Outotec has 3,130 employees.

 Russian Petropavlovsk Group

Petropavlovsk PLC  has been operating in Russia since 1994 and is of the leading gold producers in the country.  Having developed from greenfield investments, it now owns world standard mines. In Q4 2011 the company's fourth mine, Albyn, will be commissioned. Petropavlovsk PLC  is rapidly growing its production and expanding operations.

Petropavlovsk PLC is listed on the Main Market of the London Stock Exchange.