Helsinki, Finland, 2016-04-12 09:00 CEST (GLOBE NEWSWIRE) --
CAVERION CORPORATION INVESTOR NEWS APRIL 12, 2016 AT 10 A.M. EEST
Caverion signed a EUR 19 million contract with Deutsche Bahn in Germany
Caverion has signed a new Large Project and Technical Maintenance agreement with one of the world’s leading passenger and logistics companies Deutsche Bahn AG. Caverion will provide building systems and Technical Maintenance for a new maintenance center for trains in Cologne, Germany. The order has a volume of approximately EUR 19 million.
Caverion’s delivery covers Project Execution for the following technical disciplines: Heating and Sanitation, Ventilation and Air Conditioning, Cooling and Automation. After completion in May 2017, Caverion will take care of the Technical Maintenance of the 230,000 m2 area.
“This project is demanding and requires very reliable and exact planning due to the very short project period and the huge size of the construction site. Clients benefit from our experience and know-how in dealing with such complex and challenging tasks,” says Werner Kühn, Executive Vice President and CEO, Caverion Germany.
Caverion has cooperated already several times with Deutsche Bahn AG in the past, for example at the Munich railway station and for the construction of the Intercity Express (ICE) hangar in Dortmund.
Deutsche Bahn AG has one of the biggest real estate portfolios in Germany. The company belongs to Caverion's real estate investors client segment.
Image of the maintenance center
For further information, please contact: Holger Winkelsträter, Communications Manager, Caverion Germany, tel. +49 89374288118, holger.winkelsträter@caverion.de
Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings, industries and infrastructure. Our services and solutions are used in commercial and residential buildings and on industrial and public sector properties, as well as in processes, ensuring business continuity, safety, healthy and pleasant surroundings, optimal performance and cost management. Our vision is to be a leading European provider of advanced and sustainable life cycle solutions for buildings and industries. Our strengths include technological expertise and comprehensive services, covering all technical disciplines throughout the entire life cycles of properties and industrial plants. Our revenue in 2015 was approximately EUR 2.4 billion. Caverion has over 17,000 employees in 12 countries in Northern, Central and Eastern Europe. Caverion’s shares are listed on Nasdaq Helsinki. www.caverion.com, @CaverionGroup
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DB Group offers globally mobility and logistical services and operates in over 130 countries world-wide. The company’s core business is the railway in Germany with more than 5,5 million customers every day in the passenger transport segment, and about 607 thousand tons of freight shipped via rail.