SRV Construction Ltd has launched legal proceedings against the real-estate company Kiinteistö Oy Abraham Wetterintie 6. The real-estate company is wholly-owned by Keva, the Local Government Pensions Institution. The dispute between the parties relates to construction costs and schedule as well as to the real-estate company’s liability to pay in a construction contract in which SRV Construction Ltd has built for the real-estate company a project comprising a number of apartment buildings.
SRV’s claim amounts to approximately EUR 8.8 million, including value-added tax. The legal proceedings will have no impact on the outlook for 2013.
SRV Group Plc
Vice President, Communications
Tel. +358 40 504 3321
Juha Pekka Ojala, Executive Vice President, tel. +358 40 733 4173, email@example.com