Neste Completes Neste Engineering Solutions Oy Merger

Business Plan Neste Completes Neste Engineering Solutions Oy Merger

2022-10-03 Source: Press release Neste

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On October 1, 2022, Neste merged its wholly-owned subsidiary Neste Engineering Solutions Oy into Neste Corporation. The move only affects the company’s operations in Finland and Neste’s Engineering Solutions unit will now oversee the business of the newly merged company.

The entire Nes personnel in Finland will be transferred to Neste Corporation.(Source: Neste) — The entire Nes personnel in Finland will be transferred to Neste Corporation.
(Source: Neste)

Espoo/Finland – In April 2022, Neste announced that it would merge the company’s wholly-owned subsidiary Neste Engineering Solutions Oy (Nes) into Neste Corporation. The plan has now been completed and the merger took place on October 1, 2022. The merger affects only the Finnish operations. The entire Nes personnel in Finland will be transferred to Neste Corporation. Nes’ business will now be conducted by the Engineering Solutions unit.

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Engineering Solutions and Neste Engineering Solutions offer high quality technology and engineering services. Engineering Solutions operates in Finland, whereas Nes’ businesses in Singapore and in the Netherlands continue operating as Neste Engineering Solutions.

Neste will continue assessing whether it is beneficial and feasible to also combine Neste Engineering Solutions’ businesses with Neste in the Netherlands and Singapore.

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