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2017-11-10 13:00:00 CET 2017-11-10 13:00:24 CET SÄÄNNELTY TIETO Consti Yhtiöt Oyj - Inside informationConsti Group Plc has concluded a contract on the complete renovation of the Hotel Scandic MarskiCONSTI GROUP PLC STOCK EXCHANGE RELEASE 10 NOVEMBER 2017, at 2.00 p.m. Consti Group Plc has concluded a contract on the complete renovation of the Hotel Scandic Marski Consti Group Plc has concluded a contract on the complete renovation of the Hotel Scandic Marski, located on Mannerheimintie in Helsinki, Finland. The value of the contract is approximately EUR 26 million. The contract covers the complete renovation of the hotel property and the construction of additional floors on the Lönnrotinkatu side. The project has been commissioned by Valion Eläkekassa. Consti will begin work on the site in January 2018. The work will be conducted under a fixed-price full contract (design-bid-build) that will also include the replacement of technical building services systems. The project will further strengthen Consti's position as a leading hotel and concept specialist. After completion of the renovations by the summer of 2019, the renovated and extended main building of Marski will have approximately 300 rooms and in total, the hotel will have over 360 rooms. Total floor area of the building will be approximately 20,000 m(2). The hotel building was designed by architect Einari Teräsvirta and completed in 1961. It has been recognised as a building, which is a valuable part of the cityscape. Located in Helsinki city centre, the Hotel Marski, a listed building, is considered one of Teräsvirta's most significant works. The project will significantly improve Consti's order book for 2018. CONSTI GROUP PLC Further information: Esa Korkeela, Interim CEO, Consti Group Plc, Tel. +358 40 730 8568 Jukka Mäkinen, CEO, Consti Korjausurakointi Ltd, Tel. +358 50 421 0300 Distribution: Nasdaq Helsinki Ltd. Major media www.consti.fi Consti is a leading Finnish company concentrating on renovation and technical services. Consti offers comprehensive building technology, pipeline renovation, renovation contracting, façade renovation and other demanding construction and maintenance services for residential and commercial buildings. In 2016, Consti Group's net sales amounted to 262 million euro. It employs over 1000 professionals in renovation construction and building technology. Consti Group Plc is listed on Nasdaq Helsinki. The trading code is CONSTI. www.consti.fi [] |
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