Apr 23, 2007. /Lesprom Network/. Finnish Poyry has acquired majority interest in Guiprobum-Engineering (St Petersburg, Russia, leading design institute for pulp-and-paper industry), Guiprobum-Engineering reported. The sum of the deal isn’t disclosed. Under the terms of agreement, Poyry receives majority interest in Guiprobum-Engineering and includes it in its world net. Guiprobum-Engineering will keep blocking minority ownership. The companies decided to join efforts for the work at developing Russian market for pulp-and-paper, wood-processing industries, energy and infrastructure projects. According to the statement, merger of brands and strong points of the participants will allow united company establishing itself as a leader at developing Russian market and enlarging market share of engineering services. Under the terms of agreement, Poyry will invest in training of Guiprobum-Engineering staff in modern methods of engineering necessary for the work in the net, in equipment and software. The shareholders agreed to keep complexity of services of united company. Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's net sales in 2006 amounted to about Euro 620 million and it employs 6400 experts. Guiprobum-Engineering is a leading design institute for pulp-and-paper industry with annual turnover of Euro 5 million. 70% of existing production facilities was built upon its projects. It employs 260 people.