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AFRY acquires the software and expertise company Ramentor in Finland

Published October 05, 2020

With the acquisition of Ramentor, AFRY further strengthens its digitalisation capabilities and advances RAMS offering for clients. Ramentor develop and distribute Reliability, Availability, Maintainability and Safety (RAMS) software tool, ELMAS. In addition, Ramentor also provide expert services and solutions, and training related to the RAMS methodology.

RAMS services are used by major technology, manufacturing and industrial service companies, including private and public infrastructure companies, both with local and global coverage. By using RAMS, AFRY can help clients make more informed decisions, optimise their risk level and overall life-cycle costs and support them in their digital transformation to more sustainable and cost-efficient solutions. 

- RAMS engineering and consulting services are foreseen to be increasing in the coming years and are a key part of our energy and industry markets transition strategy. By integrating RAMS to current industry technical design practices we will create a unique differentiator for our services, says Richard Pinnock, Head of Division Energy, AFRY.

- We are excited to be part of AFRY. We have two decades of solid R&D and pragmatic industry project history on dependability management, and the market is clearly maturing now along with digitalisation. Together with AFRY we can take our services to the next level by adding a significant global client base and support in future engineering and digitalisation, says Timo Lehtinen, Managing Director of Ramentor.

The company has annual sales of about SEK 7,4 million and has 6 employees in Finland. Ramentor is planned to be consolidated into AFRY’s Energy division by early 2021.

Corporate Communication
ÅF Pöyry AB (publ)

For further information, please contact:

Cathrine Sandegren, Head of Communications & Brand, +46 70 292 68 26

AFRY is an international engineering, design and advisory company. We support our clients to progress in sustainability and digitalisation. We are 17,000 devoted experts within the fields of infrastructure, industry and energy, operating across the world to create sustainable solutions for future generations.

Making Future.

ÅF Pöyry AB (publ), SE-169 99 Stockholm, Sweden
Visitors’ address:  Frösundaleden 2, 169 70 Solna, Sweden
Tel. +46 10 505 00 00   Fax +46 10 505 00 10 /
Corporate ID number 556120-6474

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