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Rejlers Partners with Elenia to Boost Electricity Network Safety and Quality

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Rejlers Partners with Elenia to Boost Electricity Network Safety and Quality

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The latest update is out from Rejlers AB Class B ( ($SE:REJL.B) ).

Rejlers has entered into a partnership with Elenia Oy, Finland’s second-largest distribution system operator, to enhance quality and safety in electricity network construction. This three-year agreement, with an option for a two-year extension, involves Rejlers providing quality assurance for distribution networks, substations, and high-voltage grids, aiming to improve safety, sustainability, and operational efficiency. This collaboration is a significant step for Rejlers in expanding its electricity network business and supporting the energy transition towards a more resilient and sustainable sector.

The most recent analyst rating on ($SE:REJL.B) stock is a Hold with a SEK208.00 price target. To see the full list of analyst forecasts on Rejlers AB Class B stock, see the SE:REJL.B Stock Forecast page.

More about Rejlers AB Class B

Rejlers is a leading engineering consultancy operating in Sweden, Finland, Norway, and the United Arab Emirates. The company employs 3,400 experts specializing in energy, industry, buildings, infrastructure, and defense, acting as a catalyst for sustainable transformation. Rejlers’ vision, ‘Home of the Learning Minds,’ guides its operations, and in 2024, it achieved a turnover of 4.4 billion SEK. Its class B share is listed on Mid Cap, Nasdaq Stockholm.

Average Trading Volume: 19,239

Technical Sentiment Signal: Buy

Current Market Cap: SEK4.51B

For an in-depth examination of REJL.B stock, go to TipRanks’ Overview page.

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