Helsinki, Finland, 2015-09-08 09:00 CEST (GLOBE NEWSWIRE) --
CAVERION CORPORATION INVESTOR NEWS SEPTEMBER 8, 2015 at 10:00 EET
Caverion provides building solutions to new buildings at the Technopolis Ozas office campus in Vilnius, Lithuania
Caverion has signed a contract with Mitnija, the largest construction company in Lithuania, for design and installation of building solutions for two newly constructed buildings at the Technopolis Ozas office campus in Vilnius, Lithuania. The value of the contract is approximately EUR 7 million. Caverion is responsible for the design & engineering as well as project management and project execution. The developer of the project is international office real estate owner, operator and development company Technopolis Plc.
The contract covers the technical disciplines of heating and sanitation, cooling, ventilation and air conditioning, security and safety systems and automation. The total area of buildings is 25.000 m2. The two new buildings will complement Technopolis Ozas campus and construction works are scheduled for completion in autumn 2016.
“Caverion is a professional company, known for its excellence and reputation in the market. We are committed to working with business partners that share the same values and culture as we do. This is why we have chosen Caverion as our partner for the Technopolis project. We have to be sure we deliver the best quality of services to our client on agreed time and within agreed budget. I hope we will have great cooperation with Caverion, which will result into the long-term partnership,” says Julius Gendvilis, Managing Director of Mitnija construction company.
“Our target is to accomplish the project together with the project’s general contractor over the next 14 months. Our project team is ready to propose and implement the buildings’ solutions, which help to meet LEED rating systems criteria to ensure energy efficiency and optimal working conditions,” says Niclas Sacklén, Group Senior Vice President and CEO of Division Eastern Europe.
Illustration of the Technopolis project (by Technopolis)
Further information:
Caverion Lietuva, Kristina Brogienė, Marketing & Communication Manager, tel.: +370 614 64164, kristina.brogiene@caverion.lt
Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings, industries and infrastructures. Our services and solutions are used in commercial, industrial, public and residential buildings and processes ensuring business continuity, safe, healthy and comfortable conditions, optimised performance and cost control. 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. Our revenue for 2014 amounted to approximately EUR 2.4 billion. Caverion has about 17,000 employees in 12 countries in Northern, Central and Eastern Europe. Caverion’s shares are listed on Nasdaq Helsinki.www.caverion.com
About Technopolis
Technopolis provides the best addresses for companies to operate and succeed in five countries in the Nordic-Baltic region. It develops, owns and operates a chain of 20 smart business parks that combine services with flexible and modern office space. Its core value is to continuously exceed customer expectations by providing outstanding solutions to 1,700 companies and their 47,000 employees in Finland, Norway, Estonia, Russia and Lithuania. Technopolis Plc (TPS1V) is listed on the NASDAQ OMX Helsinki stock exchange. In 2014, the company’s net sales were EUR 161.7 million and its EBITDA was EUR 87.2 million.