Helsinki, 2014-05-15 09:00 CEST (GLOBE NEWSWIRE) -- Caverion Corporation Investor News 15 May 2014 at 10 a.m.
Caverion signs over EUR 6 million contract for electrical installations to Norwegian National Rail Administration
Caverion has signed an electricity project execution agreement with Norwegian National Rail Administration (Jernbaneverket) to deliver both high and low voltage electrical systems to the upcoming Høvik station and the Lysaker–Sandvika line renovation project. Project execution started in February 2014 and the aim is to complete the project in January 2015. The value of the contract is over EUR 6 million.
The project is part of Norwegian National Rail Administration’s “Greater Oslo Project” that includes extensive renovation and improvement of the rail lines between Oslo Central Station and several different stations. The aim of the construction work is to make services more on-time and improve the number of passenger train connections. Over 60 million passenger trips are taken by train in Norway annually.
"The project is of great significance to public transport in the whole of the most densely populated part of the country - Eastern Norway - and is an important part of the new rail line restructuring," says Gro Elden, Communications Consultant at the Rail Administration.
I mage of the Høvik station is available for downloading here: http://imagebank.caverion.com/check_a.php?has...7e0ab813ae
For further information please contact: Caverion Norge AS, Communications Consultant, Helene Johansen, mobile: +47 404 99 922, helene.johansen@caverion.no
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 .