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Instalco Secures Major Contract for Skanska’s New Sustainable Head Office

Story Highlights
  • Instalco’s Ohmegi Elektro wins SEK 50 million contract for Skanska’s new head office.
  • The project focuses on sustainability, aiming for LEED Platinum and NollCO2 certifications.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Instalco Secures Major Contract for Skanska’s New Sustainable Head Office

Confident Investing Starts Here:

Instalco AB ( (SE:INSTAL) ) has issued an update.

Instalco’s subsidiary, Ohmegi Elektro AB, has secured a contract for electrical and telecom installations at Skanska’s new head office, Olivin, in Stockholm. The project, valued at approximately SEK 50 million, emphasizes sustainability with goals for LEED Platinum and NollCO2 certifications, requiring innovative approaches and collaboration to meet its complex demands.

The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK49.00 price target. To see the full list of analyst forecasts on Instalco AB stock, see the SE:INSTAL Stock Forecast page.

More about Instalco AB

Instalco is a leading installation company in Northern Europe, specializing in electrical, heating & plumbing, ventilation, industrial solutions, and technical consulting. The company operates through over 150 subsidiaries, providing system design, installation, and maintenance services across Sweden, Norway, Finland, and Germany. Instalco is publicly traded on Nasdaq Stockholm.

Average Trading Volume: 668,609

Current Market Cap: SEK6.41B

Learn more about INSTAL stock on TipRanks’ Stock Analysis page.

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