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Caverion and Kemijoki Oy have signed an extended contract on outsourcing the technical maintenance and operations of hydropower plants at the Kemijoki and Lieksankoski watercourse area in Finland. The value of the contract is not disclosed.

Caverion will be responsible for Managed Services, including Technical Maintenance of two office buildings in Munich, Germany. With these two new assignments, Caverion further strengthens its strategic growth and expands its service business in Germany.

Caverion has today expanded its existing cooperation with the Norwegian Government Security and Service Organisation G.S.S.O. through a second framework agreement. Caverion is providing, installing and maintaining certain security solutions for Norwegian government’s locations in Oslo, on top of an existing agreement covering other security solutions.

The Red Bull Arena Besitzergesellschaft mbH has chosen Caverion for building technology solutions modernisation and expansion at the football stadium of the Bundesliga club RB Leipzig in Germany. Caverion is responsible for Cooling, Ventilation and Air Conditioning as well as Heating and Sanitation solutions at the arena. 

Caverion Corporation's Half-year Financial Report for January-June 2020 will be published on Thursday, 6 August 2020, at approximately 8:00 a.m. (Finnish Time, EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Caverion has signed an agreement with Telia Finland Oyj for the technical maintenance and facility management services of Telia Helsinki Data Center and Telia’s other large and medium-sized data centers in Finland.

Caverion continues as a partner for the German Aerospace Center (DLR) in Oberpfaffenhofen, one of the largest research centres in Germany. With the new agreement, the 15-year partnership is widened to cover also energy management at the Center. Caverion is still also responsible for Managed Services and Technical Maintenance of all building solutions, including Building Automation, Cooling and Security and Safety.

Caverion has signed an agreement to sell certain Finnish operations of Caverion Industria Ltd to Elcoline Oy based on the conditions imposed on the Maintpartner transaction by the Finnish Competition and Consumer Authority (the "FCCA"). The buyer is a Finnish, internationally operating provider of industrial maintenance that has approximately 300 employees before the transaction.

”We are delighted to expand our collaboration with Terrafame to cover also building maintenance services. We believe that we can develop technical maintenance in a cost-efficient way and give new insights on how to utilise digital services,” says Ville Tamminen, Executive Vice President, Caverion Finland.  

Caverion and IONITY have established an international service partnership. Caverion will be responsible for the service and maintenance of transformers at the electric vehicle (EV) high power charging stations in Norway, Finland, Lithuania, Latvia and Estonia. IONITY’s high-power 350-kW charging stations are located along major highways and they allow drivers to charge their EV’s with an exceptional speed, in less than 20 minutes (depending on the capacity of their battery).

Maintpartner's operations in Finland have been fully integrated into Caverion's Industrial Solutions division, which will simultaneously start to operate under a new name – Caverion Industry, as of today, 1 June 2020. The legal company name Caverion Industria Oy will remain. The transaction, in which Caverion acquired Maintpartner's operations in Finland, Estonia and Poland, was announced in March 2019 and approved by the competition authorities in November 2019.

Fortum extends its operation and maintenance partnership with Maintpartner (part of Caverion) for its thirteen hydropower plants by two years. Maintpartner has been providing the service since 2013. The value of the contract will not be disclosed.

Caverion has entered into a contract with YIT for Total Technical Solutions for Regenero’s Keilalampi property in Keilaniemi, Espoo. Caverion will be responsible for the design and implementation of building solutions for the office building to be renovated and for the parking facility. The delivery includes Automation, Cooling, Security and Safety, Heating and Sanitation, Ventilation and Air Conditioning, Electricity, Information and Communication solutions as well as sprinkler systems.

Caverion Corporation's Interim Report for January-March 2020 will be published on Thursday, 30 April 2020, at approximately 12:00 noon (Finnish Time, EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

The municipality of Nordanstig and its housing company Nordanstig Bostäder AB are continuing their partnership with Caverion in Energy Performance Contracting.  The agreement includes the building stock and an investment of EUR 15 million during four years. Through the project, the municipality is taking a major step in lowering its maintenance costs and reaching energy and climate goals.

Caverion takes the spreading of the coronavirus (COVID-19) very seriously.  As a precautionary measure to decrease any risk of infection, Caverion informs of the practical arrangements in connection with its Annual General Meeting. The aim is to ensure that the meeting is as short and concise as possible in order to address the safety of our shareholders and other participants. By reducing the number of participants, increasing interpersonal distance, reducing the length of the meeting and decreasing general interaction, our aim is to lower the risk of any spread of the virus.

Caverion has won a contract for Total Technical Solutions for the new office and commercial property "VolTair" in Berlin, Germany. Caverion will execute the technical solutions of Automation, Cooling, Security and Safety, Ventilation and Air Conditioning, Heating and Sanitation, Information and Communication Services as well as Electricity for Volt Berlin GmbH & Co. KG.

Caverion has signed an agreement to acquire Gunderlund A/S, a Danish company specialising in power grid expansions and renovations. The revenue of the company to be acquired amounted to EUR 3.2 million in a twelve-month period ending September 2019. Gunderlund employs about 10 people. The transaction value is not disclosed. The purchase price will be paid in cash. 

Caverion and its alliance partners have signed a contract with Northern Ostrobothnia Hospital District to implement the so-called B-part for a new building of the university hospital in Oulu. Caverion will be responsible for the B-hospital’s technical solutions, safety and communications technology and design management. The value of the contract for Caverion is over EUR 100 million.

Caverion has entered into a contract with Wärtsilä Finland Oy for the implementation of sprinkler systems and heating and sanitation for Wärtsilä's new centre of research, product development and manufacturing, Smart Technology Hub, in Vaasa.

Caverion and Norwegian airport operator Avinor have signed a framework contract covering the installation and maintenance of access control and video surveillance at all of Avinor's all airports in Norway. The contract extends the partnership started in 2010. The value of the contract is about EUR 50 million.

Caverion will implement electricity solutions in the second phase of the Kuopio University Hospital's New Heart 2025 project in Kuopio, Finland. The agreement on the new 10-storey building was signed with construction company Lapti. The electrification work that started in January will be completed in autumn 2022.

Caverion delivers Cooling and Heating & Sanitation solutions for the new corporate headquarters of Continental AG in Hannover. The company's new corporate headquarters will consist of two building complexes connected by a pedestrian bridge. Continental and Caverion already have a long-term Services partnership in Germany.

Fortum extends its operation and maintenance partnership with Maintpartner concerning Fortum’s power and district heating plants and networks in Uusimaa region, southern Finland, by four years. The service has been operated by Maintpartner since 2016. The value of the contract is not disclosed.

Caverion and Hollister Incorporated, a global medical device manufacturer, have agreed on a project for the second construction phase of a manufacturing plant in Kaunas, Lithuania. Caverion will implement cleanroom premises that will be the largest in the country.  Clean rooms are part of Caverion’s Smart Technology offering for which the company sees good growth prospects.

A former operation theatre building at the Charité, Berlin University of Medicine in Germany will be converted into a modern research building which will be used as an outpatient and translational research and innovation centre. For the project, Caverion will implement the technical installations related to Automation, Cooling, Security and Safety, Ventilation and Air Conditioning, Heating and Sanitation, and Electricity. The Charité is one of the largest university hospitals in Europe and it is wholly-owned by the Federal State of Berlin. The value of the project is not disclosed.

Caverion has today completed the acquisition of Refrigeration Solutions business of Huurre Group Oy following the receipt of the required approval from the Swedish competition authority on 13 November 2019. Caverion announced on 29 October 2019 an agreement with Huurre Group Oy to acquire the business. The purchase price was paid in cash. The value of the transaction is not disclosed. 

Public facility management company Västfastigheter is building a new psychiatric unit next to the existing hospital buildings in Skaraborg in Skövde, western Sweden. Caverion and construction company Byggdialog have signed a multi-year agreement covering the planning and implementation of electricity solutions for the project.

Caverion is responsible for the Technical Maintenance of and Managed Services for Orion’s properties in four locations in Finland (Espoo, Turku, Salo and Kuopio). The companies have agreed to continue the cooperation started in 2009 for an indefinite period. The total floor area of the properties covered by the agreement is approximately 195,000 square metres. The value of the agreement is not disclosed.

Caverion has signed an agreement to acquire the Refrigeration Solutions business of Huurre Group Oy. The business to be acquired is a leading supplier of energy-efficient CO2 based refrigeration systems and related refrigeration automation solutions. The Refrigeration Solutions business has operations in Finland and Sweden.

In its decision issued today, 28 October 2019, the District Court of Helsinki has rejected the claim for a corporate fine against Caverion Suomi Oy in connection with sponsorship of equestrian sports in Finland. Furthermore, all charges against Jarno Hacklin, the CEO of YIT Kiinteistötekniikka Oy in 2011-2012, were rejected.

Caverion Suomi Oy has acquired the entire share capital of the Finnish company, Pelsu Pelastussuunnitelma Oy on 11 October 2019. The sellers are the main owners Fast Monkeys Oy, Sontek Ventures Oy, Eetu Kirsi, Okko Kouvalainen and several private shareholders. Pelsu Pelastussuunnitelma is specialised in property security consulting services and easy-to-use digital web and mobile services. The company is a market leader in its field in Finland. The parties have agreed not to disclose the transaction price.

Caverion Corporation's Interim Report for January-September 2019 will be published on Tuesday, 29 October 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 www.caverion.com/investors.

Caverion enters a project agreement with construction company Peab concerning reconstruction and extension of the Uppsala City Hall and the surrounding public space. Caverion is responsible for Heating and Sanitation, Ventilation, and Electricity solutions.

Caverion is to implement the electrification of the new Bridge Hospital commissioned by HUS, Joint Authority of the Helsinki and Uusimaa Hospital District. The contracts comprising the ST and SY sections of the new hospital have been signed with the construction company SRV. The Bridge Hospital is the biggest construction project in the history of HUS.

Caverion has signed an agreement with construction company MBG Entreprise A/S on the delivery of technical installations for a new Scandic hotel in Copenhagen, Denmark. Caverion will be responsible for the technical disciplines of Heating & Sanitation, Electricity, and Security, including sprinklers and access control. The building is owned by ATP Real Estate, which is a large real estate investor in Denmark. The value of the agreement is not disclosed.

Caverion will deliver building systems for the Keravanjoki community centre. The client of the project is the City of Kerava, and it will be implemented through an alliance model. Caverion will be responsible for the Total Technical Solutions, covering all building systems for the community centre. The value of the agreement is EUR 7.6 million.

Caverion has the pleasure to invite analysts, institutional investors and media to its Capital Markets Day in Helsinki, Finland. The event will take place on Tuesday, 5 November 2019 at 11.00 a.m.−5 p.m. local time (EET) at Kasarmikatu 21 (Kasarmikatu 21 B, 00130 Helsinki). 

Caverion, as part of a joint venture led by Lindner AG, will deliver technical solutions for the first section of the new Terminal 3, Pier G, at the airport in Frankfurt am Main, Germany. Frankfurt Airport is the biggest airport in Germany and the fourth busiest airport for passenger traffic in Europe. 

Caverion Corporation's Half-year Financial Report for January-June 2019 will be published on Wednesday, 24 July 2019, at approximately 8:00 a.m. (Finnish Time, EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Caverion has signed a project agreement with the TYL LM Finnoo consortium consisting of GRK Infra Oy and Aki Hyrkkönen Oy for HVAC technical systems at West Metro Finnoo station in Espoo, Finland. The developer of the project is Länsimetro Oy. Caverion's contract is worth approximately EUR 7 million.

Caverion has signed a contract for a life-cycle project for the University of Applied Sciences in St. Pölten, Austria, together with the construction company Granit. The work will include the extension and modernisation of the existing campus, followed by a maintenance agreement over the next 25 years. The contract is worth approximately EUR 32 million to Caverion.  

Caverion implements electrification for Building M of Seinäjoki Central Hospital in Finland. Building M is energy efficient by design and its developer is Kiinteistö Oy Seinäjoen Terveysteknologiakeskus Mediwest. Caverion's contract is worth approximately EUR 7.7 million.

The renovation and extension of the Laajalahti primary school and the Tuomarila primary and pre-primary school in Espoo, Finland will be implemented as a life cycle project by Caverion in collaboration with YIT. For Caverion, the total value of the contract is approximately EUR 18 million. The developer of the project is Kiinteistö Oy Espoo Toimitilat.

Caverion has signed an agreement with the City of Helsinki on implementing a life cycle project for Vuosaari high school together with YIT. The contract is worth approximately EUR 13 million to Caverion.

Caverion Corporation's Interim Report for January-March 2019 will be published on Friday, 26 April 2019, at approximately 8:00 a.m. (Finnish Time, EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Caverion has reaffirmed its position as a trusted partner of Elmia AB, one of the leading exhibition companies in the Nordic region. The parties have signed a multi-year framework agreement covering technical maintenance services as well as electricity installations during Elmia's trade shows and events, both indoors and outdoors. The value of the contract is not disclosed.

Caverion and REX-The East SARL have signed a Managed Services agreement for a new building complex “The East” in Frankfurt am Main, Germany. The value of the contract is not disclosed.

The city of Ylivieska has selected the alliance formed by Skanska and Caverion to implement a life cycle project for two schools.  

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 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. 

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.

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.

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 www.caverion.com/investors.

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.

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.

Caverion has signed an agreement to sell the entire share capital of its Polish subsidiary to STRABAG PFS Austria GmbH, part of the publicly listed construction and technology group STRABAG SE.

Caverion and real estate developers Centrum Projektentwicklung GmbH in Düsseldorf and B + L Hamburg have signed a project agreement for the new office and retail building “KÖ-Bogen II” in Düsseldorf, Germany. Caverion will act as the technical general contractor and implement Air Conditioning, Cooling, and Heating & Sanitation. Caverion will also be responsible for the project execution plan. The value of the contract is approximately EUR 12 million.

Technopolis has selected Caverion as its partner responsible for property maintenance services for its campuses in Finland, Sweden and Norway. The service agreement covering campuses in Helsinki, Espoo, Vantaa, Gothenburg and Oslo starts at the beginning of 2019. The value of the contract is not disclosed.

Caverion and Nordea Ejendomme have signed a Managed Services agreement for a new office building in Næstved, Denmark. The building will be built as a PPP (Public Private Partnership) and used by the Danish Immigration Service. The contract is worth over EUR 14 million and it is included in Caverion’s Q4/2018 order backlog. 

Caverion will implement electrification for the new Turku T3 University Hospital. The agreement, worth around EUR 15.6 million, was signed with the Hospital District of Southwest Finland. Caverion announced earlier in September that it will implement also heating, sanitation, ventilation and air conditioning systems for the hospital.

Caverion has signed an agreement to sell the project piping and tank business and the related Ylivieska workshop of the Industrial Solutions division to Mimir Invest. The buyer is a Swedish private equity investor.

Caverion Suomi Oy has signed an agreement to acquire the entire share capital of Jetitek Oy from the management of the company. Jetitek is a Finnish service company specialised in energy-efficient cooling solutions that offers total deliveries of refrigeration systems and their design and dimensioning as well as maintenance, repair, and alterations. 

Caverion and Locum AB have signed a new significant Managed Services agreement covering Karolinska University Hospital in Huddinge, southern Stockholm County. The contract starts in the second half of 2019 and runs for 5 years, with an option for an additional 3 years. The value of the contract is approximately EUR 5 million annually.

Caverion Corporation's Interim Report for January−September 2018 will be published on Thursday, 25 October 2018 at approximately 8.00 a.m. Finnish time (EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Caverion is to deliver a building technology project for the T3 hospital, which will be an extension to the Turku University Hospital. The agreement has been signed with the Hospital District of Southwest Finland. The value of the contract is EUR 14.7 million.

Caverion has won a contract with the general contractor Veidekke to deliver building systems for two new environmentally friendly office buildings in Oslo, Norway. Caverion’s installations will include Heating & Sanitation, Cooling, and Sprinklers. The value of the contract is not disclosed.

Caverion has signed an agreement with the VALTARI alliance on supplying technical systems for tunnels on Main Road 12, Lahti Southern Ring Road, consisting of the part closest to Lahti. The VALTARI alliance is formed by the Finnish Transport Agency, the City of Lahti, the municipality of Hollola, Skanska Infra Oy, and Pöyry Finland Oy. The value of the agreement is not disclosed.

Caverion Corporation's Half-year Financial Report for January−June 2018 will be published on Wednesday, 25 July 2018 at approximately 8.00 a.m. Finnish time (EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Caverion has signed an agreement with HENT Danmark A/S on the delivery of building systems for a new hotel in the old Central Post building in Copenhagen, Denmark. Caverion will be responsible for the disciplines of Heating & Sanitation and Sprinkler systems. The value of the agreement is not disclosed.

Caverion has signed an agreement on managing and implementing a building systems project for two demanding renovation sites in the Vallila district of Helsinki with Consti Korjausurakointi, which is the project management contractor in this undertaking. The value of the agreement is approximately EUR 16 million.

Caverion has signed Energy Performance Contracting (EPC) agreement with Nordanstig Municipality and Nordanstig Bostäder AB in Sweden. The focus of the project is to significantly increase energy efficiency and improve indoor climate through modernisation of the heating and sanitation, ventilation & air conditioning, cooling, electricity and automation systems. The agreement covers 108,000 m2of publicly owned buildings.

Caverion has signed a contract with general contractor STRABAG for an ecologically innovative multi-use building complex "The Brick" at Wienerberg in Vienna, Austria. The value of the contract is approximately EUR 8.8 million.

Caverion has won an agreement with Statsbygg in a partnership project to deliver advisory services, design and engineering, and project execution for a new Faculty of Health and Social Sciences at the Norwegian University of Science and Technology in Trondheim, Norway. The contract is signed with the general contractor Backe Trondheim, with a value of approximately EUR 12 million.

Caverion has signed a Managed Services contract with the Technical University (TU) of Ilmenau in Germany. The scope of the contract includes the disciplines of heating, cooling, air conditioning and sanitation in nine university buildings, including two technology centres with clean rooms. In addition, Caverion is responsible for the operation of elevators and doors as well as the fire alarm system. The value of the contract is not disclosed.

Caverion Corporation's Interim Report for January-March 2018 will be published on Tuesday, 24 April 2018, at approximately 8:00 a.m. (Finnish Time, EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Caverion and Turun seudun puhdistamo Oy have signed an agreement on comprehensive technical maintenance and implementation of investment-based projects in Kakolanmäki wastewater treatment plant.

Caverion has signed a contract with the general contractor Ed. Züblin AG to deliver the air conditioning and ventilation systems for a new office building in the city centre of Berlin. The order value amounts to EUR 6.9 million.

Caverion continues as Patria’s partner in technical maintenance of buildings and properties and managed services.

Caverion is delivering technical installation to the leading packaging material and solution company Billerud Korsnäs, which is constructing a new board machine at the facility in Gruvön, Sweden. Caverion is responsible for the technical installation of heating and sanitation, automation and process piping. The value of the contract is approximately EUR 10 million.

Caverion and Teollisuuden Voima (TVO) have signed an extension agreement on maintenance cooperation that covers maintenance services for Olkiluoto 1 and 2 nuclear power plant units in Eurajoki, Finland. The value of the agreement is not disclosed.

Caverion has signed a contract with the general contractor BAM Germany to deliver the ventilation systems for a new building of the Heinrich Heine University in Dusseldorf, Germany. The value of the contract is approximately EUR 7 million.

Caverion has entered into a contract with Austrian Insurance Fund for Civil or Public Servants (BVA) to renovate its headquarters in Vienna, Austria.

Caverion has signed an agreement with the Municipality of Oslo, Norway to deliver technical solutions of Heating & Sanitation, and Ventilation for the expansion of a wastewater treatment plant in Oslo. The value of the contract is approximately EUR 11.5 million.

Caverion has signed a contract with the general contractor Ed. Züblin AG to deliver technical solutions for a new factory complex of Leoni near the city of Nuremberg. Leoni is a leading European supplier of cables and cable systems for the automotive industry and other industries. The project includes the disciplines of Heating & Sanitation, Cooling, and Ventilation. The value of the contract is approximately EUR 12 million.

Caverion Corporation's Financial Statement Release for 2017 will be published on Wednesday, 7 February 2018, at 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 www.caverion.com/investors.

Caverion and AstraZeneca, a global innovation-driven biopharmaceutical company, sign a Services agreement covering AstraZeneca’s research facility in Gothenburg and production facility in Södertälje, Sweden. The scope of the agreement includes disciplines Automation, Security & Safety, Heating & Sanitation, Cooling and Electricity. The value of the contract is not disclosed.

Caverion has completed the sale of its product business under the Krantz brand in Germany to STEAG Energy Services GmbH announced on November 27, 2017. The sale will become effective on December 31, 2017.

Caverion has entered into an agreement with the City of Kuopio to carry out a development project for a swimming centre, an ice stadium, and adjacent parking services using the life cycle model. This project known as Kuntolaakso will be carried out in collaboration with YIT. Caverion's share in the project is valued at approximately EUR 59 million.

Caverion and OKQ8 Scandinavia have signed an agreement on Technical Maintenance of all technical systems in 202 manned and 160 unmanned gas stations and 90 other properties. The value of the contract is not disclosed.

Caverion has signed an agreement to sell its product business under the Krantz brand in Germany to STEAG Energy Services GmbH, a German company providing integrated solutions in the fields of electricity and heat production and engineering services.

Caverion has signed a contract with ASFINAG (Autobahnen- und Schnellstraßen-Finanzierungs-Aktiengesellschaft) for the project execution of renovation of the safety equipment of Perjentunnel in Tyrol, Austria. The contract covers the following technical systems: the renewal of the medium voltage system, tunnel ventilation, tunnel radio, electrical and control systems. The value of the contract is EUR 13 million.

Caverion Corporation's interim report for January−September 2017 will be published on Friday, October 27, 2017 at approximately 9.00 a.m. Finnish time (EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Caverion renewed its Managed Services contract for Deggendorf Institute of Technology in Germany. A four-year contract was signed with the client, which belongs to Caverion’s public client segment. The value of the contract is not disclosed.

Caverion is delivering technical systems and a telematic system for managing traffic in the new Teollisuuskatu tunnel in Central Pasila in Helsinki, Finland. The delivery is valued at approximately EUR 5.4 million and the client is the City of Helsinki. 

Caverion has signed a Managed Life Cycle project contract with general contractor A. Enggaard for a new office building in Aarhus, Denmark. The value of the project for Caverion is EUR 31 million, making it one of the largest public-private partnership (PPP) agreements for Caverion.

Caverion invites analysts, institutional investors and media to its Capital Markets Day in Helsinki, Finland. The event will take place on Tuesday, November 7, 2017 at 9.00 a.m.−3.30 p.m. local time (EET) at Hotel Clarion in Helsinki (Tyynenmerenkatu 2, 00220 Helsinki). The participants are also invited to a welcome dinner with the management at the same place the evening before. 

Michael Højgaard (born 1961) has been appointed as the Managing Director of Caverion Denmark as of September 1, 2017. Since January 2016, Caverion Denmark and Caverion Norway have been operating as one division headed by Knut Gaaserud, Executive Vice President & CEO, Division Denmark-Norway. Højgaard will report to Knut Gaaserud.

Caverion delivers building systems for a shopping center in Bottrop, Germany. Caverion’s technical installation work will cover the disciplines of Ventilation & Air Conditioning, Heating & Sanitation, Cooling, and Security & Safety. After a comprehensive renovation, the building complex will also accommodate a hotel. The value of the contract is approximately EUR 4.8 million.

Caverion renewed its Managed Services contract for Munich Uptown building, a skyscraper and an office complex in Munich, Germany. A five-year contract was signed with the building owners (Europyramid S.á.r.l., Euro Sphinx S.á.r.l., AFIAA Campus GmbH, LaSalle Investment Management, Campus E S.á.r.l) with an optional extension to eight years. The value of the contract is not disclosed.

Caverion Corporation's half yearly report for January−June 2017 will be published on Thursday, July 20, 2017 at approximately 9.00 a.m. Finnish time (EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Oulu Facilities Centre, a public utility, has selected Caverion as its partner to improve energy efficiency in buildings. Over the 3.5-year agreement period, building systems will be modernised in the City of Oulu’s facilities through ESCO projects. The measures will be funded with the savings generated by the modernisations. The total value of the contract to Caverion will be approximately EUR 4 million by 2020.

Caverion delivers Total Technical Solutions covering all building systems for the renovation of the telecommunications company Deutsche Telekom’s office in Berlin. The customer in the project is the facility management company Strabag Property and Facility Services. The value of the contract is approximately EUR 12 million.

Caverion implements building systems for the rehabilitation of an office building known as “the big workshop” occupied by the Finnish Broadcasting Company (YLE) in the Pasila district in Helsinki. The client in the project is the main contractor FIRA Oy, and the value of the contract is EUR 11.7 million. The developer is YLE Pension Fund.

Caverion has signed an agreement with the general contractor LAB to deliver a Large Project with Total Technical Solutions for the expansion of a shopping mall in Bergen, western Norway. The contract has a volume of approximately EUR 11.2 million. 

Caverion has been awarded with a four-year Managed Services contract with the German Aerospace Center for its location in Stuttgart. From July 2017 onwards, Caverion will be responsible for Managed Services, including Technical Maintenance in the facilities. The order has a value of around EUR 2.3 million.

Caverion and the Finnish Transport Agency have made an agreement on the modernisation of the telematic system for managing traffic on the E18 motorway between Turku and Muurla. The agreement also includes a major renovation of the Isokylä tunnel in Salo. Caverion is the main contractor of the project, and the value of the agreement is EUR 5.5 million.

Caverion and Jatke Länsi-Suomi Oy have made a contract for the design and delivery of Total Technical Solutions for the Kulkurin Valssi sheltered housing facility in Turku. The former retail property will be renovated and converted into a care unit under the turnkey contract.

Caverion is launching further actions to address the remaining utilisation and performance challenges in Sweden. These actions include reductions in workforce, combining of existing units, better usage of shared resources and integration of its Swedish industrial and building systems operations.

The Deutsche Bundesbank has awarded Caverion with the delivery of building systems for their new branch in Dortmund, Germany. The order includes technical installations for the disciplines Cooling and Ventilation. After the project execution, Caverion will take over the Technical Maintenance for a period of four years. The value of the contract will not be disclosed.

Caverion awarded with new project contract for Aabenraa Hospital in Denmark

Caverion Corporation's Interim Report for January−March 2017 will be published on Friday, April 28, 2017 at approximately 9:00 a.m. Finnish time (EEST). The stock exchange release and presentation materials in Finnish and in English will be published at that time on the company's website at www.caverion.com/investors.

Caverion to deliver life cycle projects for schools and day-care centres in Espoo, Finland together with YIT

Caverion has signed a EUR 5 million Large Project contract with Gemeinschaftskraftwerk Inn GmbH (GKI) – a consortium of the public sector clients Verbund Tiroler Wasserkraft AG (TIWAG), Engadiner Kraftwerke AG (EKW) and VERBUND AG – for the implementation planning and technical installation of Electricity and Ventilation systems, including the associated automation technology, for a new hydropower station.

Caverion has signed a contract with ELBLANDKLINIKEN Stiftung & Co. KG on the delivery of a Large Project for the expansion and renovation of a clinic building in Riesa, Germany. The contract has a volume of approximately EUR 5 million. The delivery includes the technical disciplines of Heating, Sanitation and Cooling. After completion of the technical installations, Caverion and ELBLANDKLINIKEN enter into a five year agreement concerning Technical Maintenance.

Caverion and the construction company Bilfinger Hochbau have agreed on the project execution of Total Technical Solutions covering all building systems. The end-customer is Novaled, organic semiconductor manufacturer in Dresden, Germany. The contract includes the renovation of a historical office building and a new laboratory building and has a volume of approximately EUR 5 million. The work started in January and will be completed in March 2018.

Caverion has signed a Large Project contract with the Kainuu social and health care local government regional authority for the creation of building systems and internal data networks for the new hospital in Kainuu. 

Ari Lehtoranta started as the President and CEO of Caverion Corporation yesterday 1 January 2017. Lehtoranta has been a member of the Board of Caverion Corporation since 2013, and he served as the Chairman of the Board from 2015 until November 2016.

The National Museum for art, architecture and design will emerge as an iconic building, and give Norway a strong international position in the visual arts. With its 54,600 square meters, Norway’s new National Museum will be the biggest museum in the Nordics. The museum will be an important and vital meeting place for the public to enjoy art.

Caverion has signed an agreement with Immofinanz for the Project Execution of all technical disciplines for the Float office building in Düsseldorf, Germany. The contract is worth about EUR 25 million. In addition, Caverion will be responsible for the Project Execution of all technical disciplines in the future tenant areas.

Caverion and Oy Lunawood Ltd enter into an agreement concerning Technical Maintenance and Managed Services of Lunawood’s production plant located in Iisalmi, Finland. The five-year contract takes effect at the beginning of January 2017. The value of the agreement will not be disclosed.  

Caverion has signed an agreement with the National Gallery of Denmark in Copenhagen on the delivery of a Large Project for replacement of installations. The contract has a volume of approximately EUR 5.4 million.

Caverion has secured a new Managed Services agreement with the Swedish city of Malmö. Caverion will be responsible for Managed Operations including Technical Maintenance for 47 schools in the city.

Caverion has concluded an partnership agreement with Metsä Fibre concerning sawmills in Vilppula, Finland. Caverion will be responsible for maintenance and related managed services on the site until further notice from December 2016. The value of the agreement will not be disclosed.

Caverion and property companies owned by Keva have signed an agreement on energy management services. The service will cover a total of 110 property companies in Finland, comprising a total floor area of more than 1.2 million square meters.

Caverion has signed a contract with Strabag Infrastructure & Safety Solutions to design and install the operational and safety-related equipment for the tunnel chain Klaus on the motorway A9 Pyhrn in Upper Austria. The contract covers the technical disciplines of Electricity, Information and Communication Services, Security and Safety as well as Ventilation and Air Conditioning. The value of the contract is approximately EUR 4.8 million and it includes Design & Engineering, Project Management and Project Execution.

Caverion has signed an agreement with global healthcare company, Novo Nordisk A/S on the delivery of a Large Project for a new pharmaceutical filling factory in Hillerød, Denmark. Caverion is responsible for Project Execution within the discipline of Ventilation. The contract has a volume of approximately EUR 5.4 million.

Caverion has signed a Managed Services contract with the insurance company HUK Coburg in Germany. Caverion will take care of the Managed Operations and Technical Maintenance, including the availability of nearly all building systems  at HUK Coburg’s logistics and data centre in Coburg. The value of the 5-year contract is not disclosed.

Caverion and Kemijoki Oy have signed an extended contract on outsourcing the technical maintenance and operations of hydropower plants at the Kemijoki watercourse area. The value of the contract is not disclosed.

Caverion provides Total Technical Solutions covering all building systems for the use of two private hospital properties operated by Pohjola Health in Kuopio and Oulu in Finland. The contracts have a combined value of almost EUR 10 million.

Caverion has prolonged its Managed Services contract with the Technical University Munich (TUM) in Germany. The agreement is a continuation to an existing co-operation at the campus Garching since the 1990’s. The value of the contract is not disclosed.

Caverion has signed a contract with YIT for installation of building solutions to YIT’s upscale residential complex ”Smolny prospect” in the historic center of St. Petersburg, Russia. Caverion is responsible for the Project Management and Project Execution. The technical disciplines included in the contract are Heating and Sanitation, Ventilation & Air Conditioning, Security and Safety. The value of the contract will not be disclosed.

Caverion has signed a new Managed Services agreement with SL, Stockholm Public Transport. Caverion will be responsible for Managed Operations including Technical Maintenance for all of Stockholm’s 100 subway stations and for six train-depots. The value of the up to 9-year agreement, starting on February 1, 2017, is around EUR 35 million for the fixed part of the contract. Furthermore, Caverion will deliver add-on services to the fixed contract.

Caverion has secured  a new Managed Services agreement with the Swedish municipality of Sollentuna in Stockholm County. Caverion will be responsible for Managed Operations,  including Technical  Maintenance of around 70 public buildings in Sollentuna, including schools, day care centres, sports centres and also a number of listed buildings such as Edberg’s castle.

Caverion has signed an agreement with The New University Hospital in Aarhus (DNU), Denmark on the delivery of building systems for the Danish Center for particle therapy (DCPT). The agreement includes Project Execution for the disciplines of Electricity, Heating & Sanitation and sprinklers (Security and Safety). The contract has a volume of approximately EUR 5.5 million.

Caverion is strengthening its AV solutions expertise through the acquisition of Sähkötaso Esitystekniikka Oy. The transaction supports the Group’s strategy and complements Caverion’s offering in the area of Information and Communication Services.

Caverion has made a new Managed Services partnership agreement with the Swedish public property owner Locum. Caverion will be responsible for Managed Operations, including Technical Maintenance for seventeen hospitals and health care centers in Stockholm with a total floor area of 260,000 m2. The estimated value of the 5-year agreement is over EUR 10 million and it includes an option for additional three years. The agreement expands the current partnership between Locum and Caverion.

Caverion has signed a contract with the general contractor Skanska AS to deliver Total Technical Solutions covering all building systems for a new office building in the Norwegian Maritime Competence Center in Ålesund, Norway. The delivery includes the disciplines of Heating and Sanitation, Ventilation and Air Conditioning, Electricity, Cooling, Automation, Information and Communication Services, and Security. In addition to Project Execution, Caverion is responsible for the Advisory Services, Design & Engineering  and Project Management. The value of the contract is approximately EUR 5.3 million.

Caverion, SKB, Swedish Nuclear Fuel and Waste Management Company, and Vattenfall, one of Europe's largest generators of electricity, extend the framework agreement for the Ringhals and Forsmark nuclear power plants. The agreement for the years 2016-2018 covers the service areas of Design & Engineering,  Project Execution, Technical Maintenance and Managed Services. The value of the contract is not disclosed.

Caverion delivers Total Technical Solutions for the first phase of the extension of Rantatie Business Park constructed by YIT in Kalasatama, Helsinki, Finland. The value of the agreement is not disclosed. The building is being developed by Lindström Invest Oy.

Caverion has made a contract with Metsä Fibre Oy, part of Metsä Group, on pipe deliveries for the pulp mill and evaporation plant at the bioproduct mill under construction in Äänekoski, Finland. This is the third order placed with Caverion for the same site. The combined value of the pipe delivery publicised now,  the pulp tower agreement announced in June 2015, and the recent agreement on pipe deliveries for the high-pressure and turbine area is approximately EUR 45 million.   

The Syvälahti community complex in Hirvensalo, Turku, Finland will be executed as an alliance project by Visible, an alliance between Caverion and NCC. The companies have signed contract agreements on the execution of the project with Kiinteistö Oy Turun Syvälahden koulu, owned by the City of Turku. For Caverion, the value of the contract is approximately EUR 5 million. 

Caverion has signed a new Large Project and Technical Maintenance agreement with one of the world’s leading passenger and logistics companies Deutsche Bahn AG. Caverion will provide building systems and Technical Maintenance for a new maintenance center for trains in Cologne, Germany. The order has a volume of approximately EUR 19 million.

Caverion has made a partnership agreement with Pankakoski Mill Ltd, which is owned by Pankaboard. Caverion will be responsible for Technical Maintenance of the cartonboard factory located in Lieksa, Finland, as well as related Managed Services, under a long-term contract that will take effect at the start of April. The value of the agreement will not be disclosed.

Caverion has signed an agreement with the City of Hämeenlinna on the implementation of the Nummi service centre as a life cycle project. The project will be carried out in cooperation with YIT. The value of the contract for Caverion is approximately EUR 16 million and it covers the delivery of total technical solutions as well as Technical Maintenance and Managed Services for the 20-year contract period. The agreement further includes an option for an additional five years. YIT is responsible for the construction of the service centre.

In line with the shifting focus within Caverion from development to implementation and growth, the following changes in Caverion’s Group Management Board will take place as of March 1, 2016.

Caverion has signed a contract with Hochtief Building GmbH to provide building systems worth over EUR 21 million for a new laboratory and administration building, Berlin-Brandenburg State Laboratory (LLBB) in Berlin. Caverion is responsible for design & engineering of the building systems and project execution.  

Caverion has signed an agreement with YIT Kuntatekniikka Oy to acquire the company's technical maintenance business. The transaction supports Caverion's growth strategy and presence in the Mikkeli area in Finland. The purchase price is not disclosed.