Millog and the Finnish Defence Forces strengthen the strategic partnership
Millog Oy and the Finnish Defence Forces (FDF) have today signed the expanded strategic partnership agreement covering the systems and material under the responsibility of the Army and Navy. The contract will take effect on 1st of January 2015.
The parties have agreed to expand and deepen their existing strategic partnership by transferring a larger portion of the FDF's current maintenance activities to Millog. At the same time, the parties have signed a transfer agreement under which part of the FDF's maintenance, including the related assets and personnel, will be transferred from the FDF to Millog.
The contract covers army material maintenance including wheeled and tracked vehicles, weapon systems, electronic systems and related modifications, installations and life cycle support as well as maintenance of the Navy vessels and systems.
The garrison workshops and two warehouses of the Army, the maintenance centres and central warehouse of the Navy will be transferred to Millog including 330 FDF employees. The transfer will take place on January 1st, 2015 after which the number of Millog employees will be around 1000. This strategic partnership agreement is valid until further notice, covering the fixed priced period from 2015 to 2020 being worth of 581 million Euros.
“After a comprehensive analysis, a conclusion was that the expansion of the partnership would be the best way to serve the development of the FDF logistics system. Millog has proven to be a reliable partner and positive experiences of the current strategic partnership have laid a foundation for the extension of cooperation,” says Brigadier General Timo Rotonen, Assistant Chief of Staff Logistics.
“We are pleased that the FDF values the work we have done so far, and that the FDF trusts us by giving more responsibility to carry out the maintenance activities on behalf of the FDF. Millog aims to develop its maintenance activities in order to meet future challenges,” says CEO Aarne Nieminen.
Millog is part of the Patria Group and the other shareholders are Insta Group Oy and the state of Finland.
For more information, please contact
CEO Aarne Nieminen, on +358 40 315 7010, or at [email protected]
www.millog.fi
