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WESTINGHOUSE, FINNISH COMPANY TO COOPERATE ON POWER PROJECTS

 ORLANDO, Fla., March 9 /PRNewswire/ -- Westinghouse Electric Corporation (NYSE: WX) and Haka-Stroi Oy have entered into a business cooperation agreement for power generation projects, it was announced today.
 Under the two-year agreement, the two companies will identify, develop and supply power generation projects in Estonia, Latvia, Lithuania and the Commonwealth of Independent States. The Westinghouse Power Generation business unit will supply the power island and related equipment for each project. Haka-Stroi Oy will manage plant construction activities.
 The agreement was effective in February 1993.
 Westinghouse Electric Corporation is a leading supplier of power generation plants, equipment and services. The Westinghouse Power Generation business unit has supplied more than 280,000 megawatts of power capacity. The unit is headquartered in Orlando, Fla. Westinghouse Electric Corporation is based in Pittsburgh.
 Haka-Stroi Oy is a civil constructor based in Helsinki, Finland, and is the subsidiary of Haka Oy, a leading construction company in Finland. Haka has been active in Commonwealth of Independent States markets for twenty years, its activities include seven joint ventures and joint stock companies in Moscow, St. Petersburg, Tallinn and Murmansk. Haka-Stroi Oy currently holds orders for $350 million.
 /delval/
 -0- 3/9/93
 /Contact: Mimi Limbach of Westinghouse Electric Corporation, 412-642-3341/
 (WX)


CO: Westinghouse Electric Corporation; Haka-Stroi Oy ST: Pennsylvania IN: OIL SU: JVN

KC -- PG007 -- 4524 03/09/93 12:20 EST
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Publication:PR Newswire
Date:Mar 9, 1993
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