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Instalco AB ( (SE:INSTAL) ) has provided an update.
Instalco, a major Nordic installation specialist, has secured a contract alongside NCC to modernise the Häradsskrivaren residential block in Östersund, Sweden, on behalf of municipal housing company Östersundshem. The SEK 36 million project will upgrade electrical, heating and plumbing and ventilation systems across 128 apartments, including new kitchens, bathrooms and basement heating distribution lines.
Subsidiaries RP Montage & Energipartner, Ovab Optimal Ventilation and TC Kraft will execute the work, drawing on Instalco’s experience in complex renovation environments with existing tenants. The project, scheduled to start in the first quarter of 2026 and conclude in autumn 2027, reinforces Instalco’s role in sustainable, quality-assured refurbishment of the region’s housing stock and supports its positioning in large-scale urban modernisation projects.
The most recent analyst rating on (SE:INSTAL) stock is a Buy with a SEK34.00 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 Northern European installation group focused on electrical, heating and plumbing, ventilation, industrial solutions and technical consulting. The company provides system design, installation, and service and maintenance for buildings and facilities across Sweden, Norway, Finland and Germany through more than 150 subsidiaries, and its shares trade on Nasdaq Stockholm under the ticker INSTAL.
Average Trading Volume: 571,654
Technical Sentiment Signal: Buy
Current Market Cap: SEK8.46B
For an in-depth examination of INSTAL stock, go to TipRanks’ Overview page.