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


    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


    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.

  • Eltel’s new JV in Norway signs a five year agreement with Telenor


    Eltel Sønnico AS – the new 50/50 joint venture company formed by Eltel’s telecom branch in Norway and Sønnico Tele AS – has signed a five year contract with Telenor Norge AS and Canal Digital Kabel-TV.

    Anders Hauglie-Hanssen and Berit Svendsen.
  • New board members appointed at Eltel


    Extraordinary General Meeting of Eltel Group Corporation has resolved to elect Ulf Lundahl and Susanne Lithander as directors of the company.

    Eltel logo
  • Eltel appoints Country Manager UK


    Eltel Group has appointed David Green as the new Managing Director Eltel Networks UK Limited. The appointment is aimed at strengthening Eltel’s market presence in the British Infranet services market.

  • Eltel and Caruna have signed a major contract on power distribution works


    Eltel and Caruna have signed a frame agreement on improving the operational reliability of power distribution network in the southwestern parts of Finland. The improvements on the medium and low voltage networks are carried out during the next three years. Value of the contract is EUR 40 million.

    Eltel technicians
  • Eltel signs a 1.600 km optical fiber contract with Huawei


    Eltel has signed a major contract in Ethiopia with Huawei Technologies, one of the leading telecommunication equipment providers in the African market.

  • Eltel signed a major power line contract in Finland


    Eltel and Fingrid have signed an agreement concerning the construction of Pyhänselkä−Siikajoki 400 kV power line in Western Finland.

  • Eltel appoints new Group CFO


    Eltel Group Corporation has appointed Gert Sköld as the new Chief Financial Officer. Gert Sköld has made an extensive career in finance management of well known global companies.

    Gert Sköld
  • Eltel and Impax Asset Management sign a EUR 13 million wind farm contract in Finland


    The English Impax Asset Management Company is investing in a wind farm in Sodankylä and Kittilä, in Northern Finland. The wind farm consists of 17 wind power plants, producing with an effect of 50 megawatts of wind power when completed.

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