Neste completes merger of Neste Engineering

Neste completes merger of Neste Engineering


In April 2022, Neste stated 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 has only affected the Finnish operations. The entire NES personnel in Finland transferred to Neste Corporation. NES’ business is now being conducted by the Engineering Solutions unit which started October 1, 2022.

Engineering Solutions and Neste Engineering Solutions offer high quality technology and engineering services, including among others engineering, procurement and project management services for oil and gas, petrochemicals and bio-based industries.

Engineering Solutions operates in Finland, whereas NES’ businesses in Singapore and in the Netherlands continue operating as Neste Engineering Solutions.

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

For more information visit www.neste.com

4th October 2022