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Business review resulting in restructuring actions including reduction of up to 700 employees and lowered EBITDA guidance for 2016

As a consequence of the previous CEO’s departure the Board of Directors of Caverion initiated a thorough review of operations in all divisions with operative challenges. The interim management with the support of external consultants has performed the review and the findings are focused on these…

Caverion installs solar power systems for Varma’s two properties in Helsinki

Caverion installs solar power systems for Varma’s two properties in Helsinki Caverion delivers solar power systems to two Helsinki properties owned by Varma. Solar panels installed on the roofs of the properties in Itälahdenkatu 22 A in Lauttasaari and Itämerenkatu 11–13 in Ruoholahti will start to…

Caverion delivers Total Technical Solutions for the new Clarion hotel in Finland

Caverion delivers Total Technical Solutions for a new eight-storey hotel being constructed by Skanska. The hotel will be part of the Clarion hotel chain operated by Nordic Choice hotels. “Sufficient resources and seamless co-operation between the service providers play a key role in this project…

Caverion extends its partnership with Kemijoki Oy in Finland on technical maintenance and operations of hydropower plants

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. In the hydropower production, Kemijoki Oy operates as a commissioner and expert…

Ville Ilmonen from Caverion won a European thesis competition

Ville Ilmonen’s study on Caverion has been rewarded as the best master’s thesis in Europe in the field of technical maintenance. The choice was made by the European Federation of National Maintenance Societies (EFNMS). The prizes were handed out at the biennial EFNMS Conference in Athens 31, May.…

Caverion delivers Total Technical Solutions for two private hospitals in Kuopio and Oulu, Finland

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. The clients are is Koy Kuopion Isabella in Kuopio and the…

Caverion prolongs its Managed Services contract with the Technical University Munich in Germany

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. Over 25 Caverion employees take care of the…

New life for the landmark of Munich

Bringing new life to an office tower from the 80s with modern and energy efficient building technology: Caverion was involved in the revitalisation and greening of one of Munich’s tallest office buildings. To reduce the building’s carbon footprint significantly by cutting its energy consumption was…

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