Press releases

November 2013

Eltel’s strong performance continues in the third quarter of 2013

Eltel’s strong performance continued also in the third quarter of 2013. Net sales of EUR 300.9 million outperformed the same period in 2012 by 2.1% (294.7). January – September sales were onl...

August 2013

Eltel continues to improve performance in the first half of 2013

· Stabilised Group sales after strong growth in 2012, EUR 505.7 million (524.9) · Growing order backlog reaching EUR 700 million · Share of power sector growing with record order ba...

July 2013

Eltel hires Head of Power Transmission and Distribution in Germany

Dr. Uwe Kaltenborn has been appointed Director of Eltel’s Power Transmission and Power Distribution (T&D) businesses in Germany. Kaltenborn has made a remarkable career in the industry a...

June 2013

Power Transmission signs a contract with Svenska Kraftnät

Eltel Networks TE AB in Sweden has won in international competition a part of construction in Svenska Kraftnät’s SouthWest link project. Value of contract is EUR 19 million. ...

Eltel’s Power Transmission is back to Norway with a EUR 37 million contract

Eltel’s Power Transmission has won a new contract with the Norwegian grid operator Statnett SF. The contract is about a new 46 km 420 kV line in the Southeastern part of Norway. Contract v...

May 2013

Ministers Muhongo and Stubb celebrate Eltel project in Tanzania

Official groundbreaking of Eltel’s electricity project took place in Dar-Es-Salaam on May 24. “Power is economy” was a statement by Mr. Muhongo, Minister for Energy and Minerals. “Development aid is ...

April 2013

Eltel’s EBITA grows by 7.4% in 2012

· Group sales reach EUR 1.149 million  · New markets in power grids of UK, wind power and railway sector · Operational efficiency boosted by specialisation and best practice · ...