News

• Eltel Group breaks the EUR 1 billion sales barrier

  2012-02-14

  In 2011, Eltel Group passed EUR 1 billion in sales – with stable improvements in both earnings and cash flow. Over the last 10 years, Eltel has developed into a well recognised service company with competitiveness originating from people motivation and industry-leading competencies. A new specialised organization with a focus on operational efficiency and long-term customer relationships will continue to strengthen Eltel’s market position in going forward. This is also supported by the short-term outlook of market conditions, which continue to look positive also in 2012.

  

• Mr. Gérard Mohr appointed new Chairman of Board of Eltel Group Corporation

  2012-01-31

  After 4 ½ years as Chairman of Board of Eltel Group Corporation, Mr. Thomas Berglund has decided to leave the post and devote his time to other activities. Mr. Gérard Mohr, member of Eltel’s Board since May 2011, has been elected the new Chairman with immediate effect.

  

• Electrifying traffic in the Helsinki metropolitan area – Eltel takes an active role

  2012-01-23

  Introducing stations for charging electricity vehicles (EV) is moving forward in Northern Europe. Numerous pilot installations have been completed and larger rollouts are in preparation. Eltel has taken a pole position with its utility and technology partners.

  

• Eltel takes again important step in the Defense market − A new contract in Sweden

  2012-01-17

  Eltel Networks Infranet AB signed a framework agreement with Swedish Defense Material Administration (locally FMV), as a sole supplier, concerning the installation of so called function object. The framework contract is for three years with an option for another year and includes an estimated 98,000 hours.

  

• Eltel mobilizes 600 technicians to restore electricity and telecommunications in Finland

  2012-01-05

  Finnish networks have been severely hit by major storms during year-end holidays. First hit the storm on second Christmas day and a few days later wet snow caused trees and branches to fall on overhead lines.

  

• Eltel Power Transmission wins a project in Vietnam

  2011-12-21

  Eltel’s Power Transmission business unit has won a multi million euro contract with Northern Power Corporation, NPC, in Vietnam. The new contract is continuation to Eltel’s earlier project in Vietnam in 2004−2005.

  

• Eltel takes care of Fingrid’s transmission line maintenance

  2011-11-30

  Fingrid and Eltel signed 18th of November a three-year contract concerning maintenance of the main transmission lines in Finland. The contract covers the Häme-Uusimaa, Eastern Finland, Northern Finland and Lapland regions. New agreement will take effect at the beginning of 2012.

  

• Eltel upgrades railway communication in Denmark

  2011-11-18

  Eltel is selected to operate the upcoming digital radio system at all Banedanmark railway lines in Denmark. The contract was won in an EU tender and triggers in Danish crowns a three-digit million amount, over the next five years.

  

• Eltel Networks completes 400 kV power line in Poland

  2011-11-15

  Eltel Networks has completed a 400 kV double circuit power line in Poland. The customer was the Polish grid operator - Polskie Sieci Elektroenergetyczne Operator S.A. through its subsidiary - Polskie Sieci Elektroenergetyczne - Zachód S.A. The new line connects Kromolice and Pątnów and its length is 76 km. The project included also dissassembly of an old 220kV overhead line. The project was completed in one year, which is a very short time for this kind of project.

  

• Eltel Networks S.A. builds urban broadband network in Poland

  2011-11-10

  On November 4th 2011, Eltel Networks S.A. signed a contract with the representatives of City Hall for building broadband MAN (Metropolitan Area Network) in Rybnik, Poland.