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Caverion Suomi Oy reduces salaried staff

Caverion’s transformation towards a competitive and coherent service and project company in ongoing throughout the Group. Common operating models have been created, and the organisational structures are also being reviewed based on them. During the autumn, Caverion Suomi, the subsidiary of Caverion…

Finnish Fire Protection Fund’s Innovation Award goes to apartment fire extinguishing system co-designed by Caverion

Finnish Fire Protection Fund’s Innovation Award goes to apartment fire extinguishing system co-designed by Caverion The Finnish Fire Protection Fund (Palosuojelurahasto) has given its 2014 Innovation Award to Pirkanmaa Safety Cluster for its novel apartment-specific fire extinguishing equipment…

Caverion participates in Kiruna City transformation in Sweden

Caverion Sverige AB has been commissioned to install electricity, plumbing and ventilation in 14 new properties with 46 new apartments in Kiruna, Sweden. The project is in progress and is expected to be completed in the autumn of 2014. The order value is over EUR 1.0 million. The work is a part of…

Pekka Hannukkala appointed Head of Internal Audit of Caverion Corporation

Pekka Hannukkala, M.Sc. (Econ.), (48), has been appointed Head of Internal Audit of Caverion Group as of September 1, 2013. Hannukkala has extensive experience in internal audit and accounting. He has previously served as Head of Group Internal Audit at Sanoma Corporation. Pekka Hannukkala will…

YIT will not continue negotiations to acquire HOCHTIEF Service Solutions

YIT WILL NOT CONTINUE NEGOTIATIONS TO ACQUIRE HOCHTIEF SERVICE SOLUTIONS YIT announced on May 23, 2013 that it had made an initial, non-binding offer to acquire German HOCHTIEF Service Solutions. On the basis of YIT’s initial offer, due diligence process as well as sale and purchase agreement…

YIT Corporation supplements Caverion Corporation's registration document and the securities note and summary relating...

YIT CORPORATION SUPPLEMENTS CAVERION CORPORATION’S REGISTRATION DOCUMENT AND THE SECURITIES NOTE AND SUMMARY RELATING TO YIT CORPORATION’S PARTIAL DEMERGER YIT Corporation (”YIT”) has supplemented Caverion Corporation’s registration document and the securities note and summary relating to YIT’s…

YIT reduces its guidance for the year 2013 regarding operating profit

YIT REDUCES ITS GUIDANCE FOR THE YEAR 2013 REGARDING OPERATING PROFIT YIT Corporation is reducing its guidance regarding operating profit for the year 2013. YIT Corporation now estimates that the revenue and operating profit based on segment reporting for 2013 will remain at the level of year 2012.…