Helsinki, Finland, 2014-08-15 08:00 CEST (GLOBE NEWSWIRE) -- CAVERION CORPORATION INVESTOR NEWS AUGUST 15, 2014 AT 9:00 A.M. EEST
Caverion to carry out electricity work at the Valkea shopping centre in Oulu, Finland
Caverion and Skanska have signed a contract on electricity work at the Valkea shopping centre in Oulu, Finland. The value of the contract is EUR 3.5 million. The real estate developer and owner of the shopping centre is Osuuskauppa Arina.
The project execution encompasses all electrical installation work to be carried out in the new shopping centre, the parking garage, the office premises, the covered pedestrian street and the renovation of the existing Sampo House shopping centre, all forming part of the Valkea shopping centre project.
Construction work began in June and the shopping centre will be completed in the first half of 2016.
“We are very happy to have Caverion as a partner in this unique project. It is great to be involved in making the centre of Oulu an entity that serves the residents of Oulu as well as business travellers and tourists better than before,” says Sakari Jämsä, Regional Manager at Skanska Talonrakennus.
The Valkea shopping centre will be built in the Galleria and Kauppuri city blocks in the heart of Oulu. It will constitute a versatile interior urban space that boasts a wide range of fashion and services, including a Sokos department store, many designer stores, restaurants, cafés and a Sokos Herkku food store. In total, the investment exceeds EUR 100 million.
Caverion Finland, Kirsi Hemmilä, Communications Manager, tel. +358 50 390 0941, firstname.lastname@example.org
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Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings and industries. Our services are used in offices, retail properties, housing, public premises, industrial plants and infrastructure, among other places. We aim to be a leading European provider of advanced and sustainable life cycle solutions. Our strengths include technological competence and comprehensive services, covering all technical disciplines throughout the life cycle of the property and industrial plant. Caverion was established through the demerger of Building Services and Industrial Services businesses from YIT Group in June 2013. Our revenue for 2013 amounted to approximately EUR 2.5 billion. Caverion has nearly 18,000 employees in 13 countries in Northern and Central Europe. Caverion’s shares are listed on NASDAQ OMX Helsinki. www.caverion.com.