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Caverion and Skanska selected as implementation partners of schools' life cycle project in Ylivieska, Finland

The city of Ylivieska has selected the alliance formed by Skanska and Caverion to implement a life cycle project for two schools. The construction of the new school buildings will start in late spring 2019. The present value of the life cycle projects of the new Taanila comprehensive school and…

Caverion and Borealis Polymers renew their partnership agreement for Kilpilahti production plants in Finland

Borealis Polymers Oy has selected Caverion to continue as its maintenance partner for its Kilpilahti production plants in Porvoo, Finland. The agreement marks the continuation of the previous eight contract years. The value of the contract is not disclosed. Caverion’s Industrial Solutions is a…

Caverion to implement building technology of the new Technopolis office building in Lithuania

Caverion is to deliver Total Technical Solutions, covering all building systems, for a new building of Technopolis campus in Vilnius, Lithuania. The agreement has been signed with construction company Veikmės Statyba. The value of the agreement is approximately EUR 10 million. The new building,…

Caverion has completed the sale of its Polish subsidiary

to STRABAG PFS Austria GmbH. The sale was announced on 19 December 2018 and becomes effective today, 28 February 2019. Revenue of the divested subsidiary was approximately EUR 13 million in 2018. Going forward, Caverion continues its operations in 10 countries.

Caverion wins building technology modernisation project for Norwegian School of Economics

Caverion has won a contract with the general contractor HENT to deliver all building systems for the renovation of the Norwegian School of Economics in Bergen, Norway. The value of the contract is EUR 9 million. The developer for the project is Statsbygg, Norwegian government agency . The goal of…

Publishing of Caverion Corporation's Financial Statement Release for 2018 on 5 February 2019

Caverion Corporation's Financial Statement Release for 2018 will be published on Tuesday, 5 February 2019, at approximately 8:00 a.m. (Finnish Time, EET). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at…

Caverion has completed the sale of its piping and tank business

and the related Ylivieska workshop to Recion Oy, a company controlled by a fund managed by Mimir Invest. The sale was announced on 23 November, 2018 and becomes effective on 31 December, 2018. Revenue of the divested business is approximately EUR 45 million in 2018.

Caverion sells its subsidiary in Czech Republic

Caverion has signed an agreement to sell the entire share capital of its subsidiary in Czech Republic. The buyer is KART, spol. s r.o., part of conglomerate CEZ Group. Caverion announced earlier this week that it is selling its operations also in Poland. “Czech Republic has been a very small market…

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