News

  • Eltel signs a power line contract with Jernbaneverket in Norway

    2015-04-29

    Eltel has signed a contract with the Norwegian rail administration Jernbaneverket. The project comprises building and rehabilitation of power lines in the Narvik area.

  • Eltel signed two new power line contracts in Finland

    2015-04-17

    Eltel and EPV Alueverkko Oy have signed two agreements concerning the line construction in Western Finland.

  • Eltel and Hafslund sign the largest Norwegian smart metering rollout contract

    2015-04-08

    Eltel and Hafslund Nett have announced today the signing of the largest Norwegian smart metering rollout contract. The volume amounts to 630,000 direct measured meters to be installed by 2019, with approximately 150 Eltel employees involved in the project.

    In the picture from left: Ronny Brudeseth, Eltel and Kristin Lian, Hafslund Nett.
  • Solid fourth quarter and full year for Eltel

    2015-02-20

    A sales growth of 8 percent full-year 2014, 11 percent at fixed currency, was reached organically.

  • Eltel successfully listed at Nasdaq Stockholm

    2015-02-12

    The initial public offering of Eltel has been completed, with a listing of the Eltel shares at Nasdaq Stockholm on the 6th of February 2015. The offering, with a subscription price of SEK 68 per share, attracted strong interest among both institutional and retail investors, and was over-subscribed multiple times.

    Eltel logo
  • Eltel Power Transmission wins a 380 kV substation contract in Germany

    2014-12-29

    Eltel makes a successful entry in Germany with an order from the transmission system operator 50Hertz Transmission GmbH to install a 380 kV substation. The scope of supply comprises the design, part of the equipment procurement as well as the assembly and commissioning works. Power Transmission will now complement to Eltel’s presence of several years in the German telecommunications sector. The new order strengthens Eltel’s position as a growing European player in the market.

    Substation in Germany
  • Eltel Networks signs a EUR 43,6 million contract in Power in Poland

    2014-12-10

    Eltel Networks Olsztyn, Polish subsidiary of Eltel Group Corporation, has signed a power transmission contract with the operator PSE SA in Poland. The project is a modernisation and development of 400/220kV substation Krajnik in the western part of Poland.

    Power line in Poland
  • Eltel continues to strengthen its platform in Rail and Road business

    2014-11-07

    While winning and executing new projects in Rail Eltel has continued to strengthen its human resources of the business unit. Recently Eltel agreed to take over the personnel of KT Electrotech AS in Denmark. KT Electrotech is specialised in EPC (Engineering, Procurement, Construction) delivery of electro and mechanical supply for road tunnels.

  • Eltel Networks led consortium signs a EUR 75 million contract in Poland

    2014-11-05

    Eltel Networks Olsztyn, Polish subsidiary of Eltel Group Corporation, has signed together with its two consortium partners, a power transmission contract with PSE Operator in Poland. The total value of the contract is EUR 75 million, which is split in three equal shares thus providing Eltel Networks with a value of EUR 25 million.

  • The Finnish Competition and Consumer Authority takes Eltel to Market Court

    2014-10-31

    The Finnish Competition and Consumer Authority (the “FCCA”) claims that Eltel has violated competition rules in the power transmission line building business in Finland and has today made a proposal of fines to the Market Court. The FCCA accuses Eltel of prohibited co-operation with Empower Oy and proposes fines of EUR 35 million to be imposed on Eltel.

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