Eltel has today signed a letter of intent to divest its Danish rail operations to Strukton Rail A/S, a company providing solutions in the field of rail infrastructure, railway vehicles and mobility systems....
Eltel’s Power business in Denmark has been awarded a fixed price assignment and a framework agreement with the City of Copenhagen to replace existing lights with energy efficient LED lighting. The total v...
Eltel’s business unit Communication has won a two-year service contract with Telia Finland Oyj at an expected value of approximately EUR 30 million per year. The contract comprises field services in c...
The Nomination Committee of Eltel has resolved
to propose Joakim Olsson as new member of the Board of Directors effective, at the latest, as of the company’s next Annual General Meeting (AGM). Given t...
Today, Eltel has signed an agreement to sell its Finnish rail business operations to Graniittirakennus Kallio Oy, a leading infrastructure constructor operating in Finland, Sweden and Estonia. Eltel’s r...
July – September 2017 Group net sales decreased to EUR 328.0 million (356.2), mainly as a result of the discontinuation of non-core operations and unprofitable contracts Net sales in the Core business, i...
Eltel will publish its interim report for the third quarter 2017 on Thursday 2 November 2017 at approximately 08.00 am CET. Eltel’s CEO Håkan Kirstein and CFO Petter Traaholt will host a presentation vi...
Pursuant to the instruction for Eltel AB´s Nomination Committee the company shall have a Nomination Committee comprising one representative for each of the four largest shareholders, registered with Euroclear ...
Eltel’s sale of its business operations in Estonia to Estonian Tecnolines OÜ, announced on 30 August 2017, has now been approved by the Estonian Competition Authorities and the transaction has consequently be...
Eltel has won three new contracts with gas utilities in Germany for the time period 2017–2022. The contracts with Avacon GmbH and BS Netz GmbH comprise gas installation adjustments to change the natural g...
Today, Eltel has signed a letter of intent to divest its Power Transmission International (PTI) business operations to Encomm Sweden AB, a newly established Swedish company ultimately owned by EnComm Ltd,...
Eltel’s Board of Directors has decided to adjust the calculation of the so-called Matching Shares in the company’s long-term incentive programmes (LTIP), initiated in 2015 and 2016, in order to compensate for...
Today, Eltel has signed an agreement to sell its business operations in Estonia to Estonian Tecnolines OÜ, a company which operates in the Estonian networks design, construction and maintenance sector. ...
January–June 2017 Group net sales amounted to EUR 627.6 million (656.6), down 3.8% in local currencies Group operative EBITA amounted to EUR -30.7 million (8.9)* EBIT amounted to EUR -183.0 million (1.7) i...
Thomas Rebermark has been appointed head of Marketing and Communications and member of the Group Management Team as of 1 November 2017. He is joining from Rejlers AB where he has the position as Group...
Eltel will publish its interim report for the second quarter 2017 on Thursday 17 August 2017 at approximately 08.00 am CET. Eltel’s CEO Håkan Kirstein and CFO Petter Traaholt will host a presentation vi...
Today, Eltel has sold its business operations in Latvia in a management buy-out whereby Jurijs Kokorevics (District Manager at Eltel) acquires 100 percent of the shares in SIA Eltel Networks. Eltel’s L...
Eltel has signed a new power distribution building agreement with Ellevio AB to build new local underground electric networks in Sweden. The scope is turnkey from design to commissioning and the entire...
Petter Traaholt has been appointed new Chief Financial Officer (CFO) of Eltel and joins the Group Management Team. He replaces the interim CFO Lars Nilsson as of 1 July 2017. Moreover, Mikael Johansson,...
The information in this press release is not intended for distribution, publication or public release, directly or indirectly, in or into, Australia, Canada, Japan, the United States or any other jurisdiction...
In February 2017, Eltel decided on a new strategy to focus its business on the company’s stable and profitable core businesses in Power and Communication in the Nordic region and Poland and selectively c...
The information in this press release is not intended for distribution, publication or public release, directly or indirectly, in or into, Australia, Canada, Japan, the United States or any other jurisdiction...
The information in this press release is not intended for distribution, publication or public release, directly or indirectly, in or into, Australia, Canada, Japan, the United States or any other jurisdiction...
The Nomination Committee of Eltel AB has unanimously resolved to propose Markku Moilanen as new member of Eltel’s Board of Directors. On 2 May 2017, the Nomination Committee announced its proposals for E...
Finnish power distribution utilities and street lighting owners utilise their options to extend current frame agreements with Eltel. Caruna Oy and Caruna Espoo Oy use their 14-month options to continue...
The shareholders of Eltel AB (publ) (company register number 556728-6652) (“Eltel”) are hereby invited to the Annual General Meeting to be held on Thursday 1 June 2017 at 14.00 CET.
January–March 2017 Group net sales* amounted to EUR 297.8 million (287.5), up 3.5% in local currencies, organic net sales increased by 2.5%** Net sales in the Power segment amounted to EUR 103.8 million (...
On 21 February 2017, Eltel’s Board decided to appoint a special investigator, attorney-at-law Axel Calissendorff at Calissendorff Swarting Advokatbyrå, to investigate liability regarding negative outcome in...
Eltel announces that CFO Gert Sköld has decided to step down from his position effective as of today. A recruitment process for a new CFO has been initiated. Lars Nilsson, who has acted as interim CFO ...
Eltel's Board of Directors today decided to discontinue the unprofitable business of power transmission projects outside of Europe. Operations are conducted within a separate entity in Eltel, called Power...
The information in this press release is not intended for distribution, publication or public release, directly or indirectly, in or into, Australia, Canada, Japan, the United States or any other jurisdiction...
In January 2017, Eltel announced the merger of its fixed and mobile communication businesses into one business unit, Communication. During the ongoing integration process, it has become evident that there...
Eltel’s Board of Directors has decided to postpone its 2017 Annual General Meeting. Instead of the planned date 28 April 2017, the Meeting will be held on 1 June 2017.
The Nomination Committee of Eltel proposes to elect Ulf Mattsson as a new board member and the new Chairman of the Board of Directors to the Annual General Meeting 2017. The current chairman Ulf Lundahl...
Eltel has won several important contracts to deploy fibre networks for a leading German tele operator. The agreements cover a period from 2017 to 2018 and will strengthen Eltel’s market position in the G...
Net sales amounted to EUR 1,399.8 million (1,254.9), up 13.5% in local currencies, organic net sales increased by 1.8%* Operative EBITA amounted to EUR 2.1 million (62.2) or 0.1% of net sales (5.0). Write-downs...
On 26 January 2017, Eltel estimated that Group’s full-year 2016 operative EBITA would be in the range EUR 17-22 million and EUR 0-6 million in the fourth quarter 2016. Based on conclusions in the conducted i...
Eltel will publish its full year and interim report for the fourth quarter 2016 on Wednesday 22 February 2017 at approximately 08.00 am CET. Eltel’s CEO Håkan Kirstein and interim CFO Lars Nilsson will ho...
Eltel is addressing the growing need for optical fibre deployment in Europe. The company offers a unified process for fibre roll-outs based on 10 years of experience with leading teleoperators in Northern...
With the aim to improve efficiency and profitability, Eltel has decided on certain changes within the company’s two main segments; Power and Communication. In the power transmission business, a unit h...
Eltel’s previously announced Nomination Committee for the Annual General Meeting 2017 (AGM 2017) will be expanded by Solero Luxco S.á.r.l. as a fifth member. Following the recent flagging by Solero Lu...
Eltel’s smart metering roll-out in Norway has passed an important milestone and the company is now making over 1,000 installations per day. Eltel and Hafslund Nett signed a smart metering roll-out contract f...
Eltel has decided to postpone the publishing of the Group’s fourth quarter and full-year 2016 interim report. The former publishing date Friday 10 February 2016 has been changed to Wednesday 22 February 2...
In connection with Eltel’s third quarter 2016 reporting, the company estimated that the Group’s operative EBITA would be in the range of EUR 27-32 million for the full-year 2016 and EUR 10-15 million for...
Following the recent change in the ownership of Eltel AB, the composition of Eltel’s Nomination Committee has changed. As of 20 January 2017, the four largest shareholders of Eltel are: Zeres Capital, t...
Dariush Rezai, President of Eltel’s business unit Mobile Communication will leave Eltel to take on the position as President of Sweco Denmark in spring 2017. He will continue in his position at Eltel u...
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