Nordec and Olvi sign agreement on delivery of new warehouse building in Iisalmi
Nordec Group Oy press release 29.5.2024 09.00 UTC+3
Nordec Oy and Olvi plc have signed an agreement on 14.3.2024 on the construction of the steel frame of a new warehouse building in Olvi plc's Iisalmi mill area. This is a significant project to build a new automated high-bay warehouse with an area of 3160 square metres and a height of 30 metres
The project, titled "Olvi plc, high bay warehouse, Iisalmi", is designed to meet Olvi plc's growing warehousing needs and streamline logistics processes. Iida-Maria Honkanen from Insinööritoimisto Savolainen Oy has been responsible for architectural design, and Nordec will be responsible for the design, manufacture, and installation of the steel frame of the building.
The new warehouse building is located at Olvitie I-IV, 74100 Iisalmi, Finland, and it will be a significant addition to Olvi plc's supply chain capacity. Construction work has just begun on the site, and Nordec's project is planned to be completed at the end of summer 2024. This investment demonstrates Olvi plc's commitment to the development of the region and the utilisation of innovative solutions.
Further information:
Vesa Vaihtomo, Nordec Oy, Senior Vice President, Single Storey BU, vesa.vaihtamo@nordec.com, tel. +358 40 072 9097
Jaakko Köninki, Nordec Oy, Commercial Development Manager, jaakko.koninki@nordec.com, tel. +358 50 559 7129
About Nordec
Nordec Group Oy is the leading supplier of steel frame structures, façade solutions and bridges for construction projects in the Nordic countries and has a strong position in the Central and Eastern European (CEE) countries of Poland, Lithuania, the Czech Republic and Slovakia.
The company has long experience in the design, manufacture and installation of frame structures, facades and bridges. Nordec's main raw material is steel. The service offering includes single-storey buildings, multi-storey buildings, heavy industry buildings, bridges and façade structures.
Nordec's net sales for the financial year ended 31.12.2023 were EUR 329.2 million and adjusted EBITDA EUR 27.0 million.
Further information about Nordec is available on the company's website at www.nordec.com.
