SRV GROUP PLC INSIDE INFORMATION 23 APRIL 2021 11:00 EET
SRV to build Laakso Joint Hospital in Helsinki
SRV has been chosen to develop and build Laakso Joint Hospital in Helsinki as an alliance project. The clients are the City of Helsinki and the Helsinki and Uusimaa Hospital District. The project is divided into several development and construction phases, with a total value of approximately EUR 730 million. The project will be entered in SRV's order backlog in accordance with the ordered phases during the years 2021-2028. The project will not tie up SRV's capital and, if completed, will generate a significant part of SRV's revenue in the coming years. The procurement decision is not yet final.
Construction at Laakso Joint Hospital will begin in the autumn 2021 and the estimated completion of the last phase of the hospital campus is expected in 2030. The total area of Laakso Joint Hospital will be approximately 150,000 brm2 .
Laakso Joint Hospital is a hospital specializing in psychiatry, somatic and neurology, which, when completed, will replace the currently scattered operations of Aurora, Hesperia, Kellokoski, Ohkola, Laakso and Suursuo hospitals in one new Campus area in Helsinki. The existing premises are functionally old-fashioned, in immediate need of renovation and separated from each other.
“SRV further strengthens its position as a contractor of large hospital construction projects. We have strong expertise in building healthcare and demanding special facilities. In the recent years, SRV has built, among other things, the Hospital Nova in Jyväskylä, the TAYS Front Yard in Tampere, the New Children's Hospital in Helsinki, the emergency room in Jorvi Hospital in Espoo and the HUSLAB laboratory building in Meilahti, Helsinki. In addition, SRV has carried out a renovation of the Women's Clinic. We are currently building Bridge Hospital for HUS and renovating the operating rooms of Jorvi Hospital,” says Jouni Forsman, SVP, Business premises in the Helsinki metropolitan area, SRV.
For further information, please contact:
Saku Sipola, President & CEO, tel. +358 (0)40 551 5953, firstname.lastname@example.org
Jouni Forsman, SVP, Business premises in the Helsinki metropolitan area, tel. +358 (0)40 519 0129, email@example.com
Miia Eloranta, Senior Vice President, Communications and Marketing, tel. +358 (0)50 441 4221, firstname.lastname@example.org
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SRV in brief
SRV is a developer and innovator in the construction industry. Our objective is a new lifecycle-wise reality where solutions related to construction ensure well-being, financial value and the benefit of users, residents and environment – for years and generations to come. Our genuine cooperation and enthusiasm for our work comes across in every encounter. Sustainability is reflected in all our activities.
Our company, established in 1987, is listed on the Helsinki Stock Exchange. We operate in growth centres in Finland and Russia. In 2020, our revenue totalled EUR 975.5 million. In addition to about 1,000 SRV employees, we employ a network of around 4,200 subcontractors.
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