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Instalco Secures Major Contract for Swedish Prison Facility

Story Highlights
  • Instalco wins SEK 260 million contract for systems installation at new Swedish prison facility.
  • The project involves complex system integration and is part of Sweden’s prison service expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Instalco Secures Major Contract for Swedish Prison Facility

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An update from Instalco AB ( (SE:INSTAL) ) is now available.

Instalco has secured a SEK 260 million contract for the design and installation of various systems at a new facility for the Swedish Prison and Probation Service in Västerås. This project, involving five Instalco subsidiaries, is part of a broader expansion of the Swedish Prison and Probation Service. The facility will house 200 detainees and include non-institutional care and training premises. The project is technically complex, requiring extensive system integration and high standards for security and reliability, and is expected to be completed by 2028.

The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK26.00 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 and offers system design, installation, and maintenance services across Sweden, Norway, Finland, and Germany. Instalco is publicly traded on Nasdaq Stockholm under the ticker INSTAL.

Average Trading Volume: 469,215

Technical Sentiment Signal: Sell

Current Market Cap: SEK6.73B

See more data about INSTAL stock on TipRanks’ Stock Analysis page.

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