Press releases

April 2020

Eltel’s Power business in Finland signs a five-year frame agreement worth EUR 90 million

Eltel’s Power business in Finland has signed a five-year frame agreement with Helen Electricity Network Ltd, one of Finland’s largest power distribution companies, to construct and maintain the electricity dis...

Eltel has published its Annual Report 2019

Eltel has today published its Annual Report 2019 on Eltel Group’s website.

Notice to the Annual General Meeting 2020 in Eltel AB

The shareholders of Eltel AB (publ) (Reg. No. 556728-6652) (“Eltel”) are hereby invited to the Annual General Meeting to be held on 4 May 2020 at 14:00 CET.

Eltel signs a three-year agreement with the Swedish Transport Administration worth about EUR 23 million

Eltel's Communication business in Sweden has signed a three-year framework agreement with the Swedish Transport Administration. The agreement covers field services for the Swedish Transport Administration’s I...

March 2020

Eltel’s work is critical for society’s lifelines

The possibility for many people to work from home is a prerequisite for limiting the spread of COVID-19. As the Nordic region’s leading provider of technical solutions for power and communications networks, o...

Eltel divests its Swedish business area Aviation & Security

Eltel has signed an agreement to divest its business area Aviation & Security to LFV, Air Navigation Services of Sweden. The total consideration of the transaction is about EUR 17 million. The transaction...

Eltel signs a three-year telecom frame agreement in Finland worth about EUR 66 million

Eltel’s Communication business in Finland has signed a three-year continuation of a current frame agreement with a large Finnish telecom operator. The agreement covers fixed telecom services and is worth a...

February 2020

Eltel installs 236,000 smart meters in Sweden for EUR 22 million

Eltel’s Power business Smart Grids has signed a contract with Vattenfall Eldistribution AB, one of the largest Distribution System Operators in Sweden, to replace 236,000 electricity meters in Sweden. T...

Eltel Group: Full-year report January–December 2019

October–December 2019 Net sales EUR 278.9 million (330.9). Total growth -15.7% and organic growth1 in Power and Communication -10.9% Operative EBITA2 EUR -14.9 million (2.9) and operative EBITA margin -...

Invitation to Eltel’s full year 2019 report presentation

Eltel will publish its full year and interim report for the fourth quarter 2019 on Friday 14 February 2020 at approximately 08.00 am CET. Eltel’s CEO Casimir Lindholm and CFO Petter Traaholt will host a...

January 2020

Eltel divests its German Communication business

Eltel has signed an agreement to divest its German Communication business to Circet Group, a European telecom network service provider. The total consideration of the transaction is about EUR 19 million....