Instalco companies win installation contract when office premises become 350 new apartments

Instalco has through its subsidiaries Klimatrör, PoB:s Elektriska and OTK Klimatinstallationer been entrusted with the task of participating in the residential project The Brick, where previous office premises are converted into apartments. The participating Instalco companies have been awarded the contract to carry out all piping, electrical and ventilation installations in the property named Terra and connected areas.

It is the well-known former headquarters of LM Ericsson, situated along the Essingeleden motorway in Hägersten, Stockholm, that will be rebuilt into approximately 350 apartments together with business, meeting and public areas. The total order value for Instalco’s subsidiaries amounts to approximately SEK 85 million. The work will be completed in 2020.

”We are very proud that Klimatrör, PoB:s Elektriska and OTK Klimatinstallationer have been entrusted to coordinate and carry out installations in this exciting housing project. I believe the assignment is another proof of the strength of the Instalco model, in which efficient collaboration between our companies is a cornerstone”, says Peter Westman, Head of Business Area East at Instalco.

For more information

Peter Westman, Head of Business Area East
phone +46 70 428 80 82, e-mail peter.westman@instalco.se 

Adrian Westman, Head of Investor Relations
phone +46 73 509 04 00, e-mail
adrian.westman@instalco.se 

Instalco is one of the leading installation companies in the Nordic region, active in the areas of heating, plumbing, electricity, cooling and industrial solutions. We work closely with customers, offering all the advantages of a local company, along with efficient collaboration and leadership. The operations are conducted through approximately 30 leading and highly specialised local units, with the support of a small central organisation. Instalco is listed at Nasdaq Stockholm under the ticker INSTAL. For further information, visit www.instalco.se.