LEMMINKÄINEN CORPORATION INVESTOR NEWS 8 SEPTEMBER 2017 AT 10:00 A.M.
LEMMINKÄINEN TO RENOVATE THE HOLIDAY INN HELSINKI – MESSUKESKUS HOTEL
Lemminkäinen and Messukeskus (Suomen Messut Osuuskunta) have signed an agreement on the renovation of the Holiday Inn Helsinki – Messukeskus hotel located in the Pasila district of Helsinki, Finland. The work will begin in late February and end in January 2019. The value of the agreement is over EUR 20 million.
The project will be carried out as a project management contract, including the renovation of the interior and technical building systems of the hotel building, completed in 1997, a total of 245 hotel rooms as well as the restaurant, lobby and reception facilities.
“We are glad to have an extremely experienced project management contractor of Lemminkäinen’s calibre as our partner. Each year, nearly a hundred trade show events and more than 2,200 meetings and congresses are held in Messukeskus. Our milieu is unique and we operate in the heart of Pasila, an area undergoing a major transformation. Together with Lemminkäinen, we will start converting Holiday Inn Helsinki – Messukeskus into the best events hotel in Northern Europe,” says Anni Vepsäläinen, Managing Director, Messukeskus.
Messukeskus Helsinki, Expo and Convention Centre promotes Finnish trade and industry by enabling profitable face-to-face contact in trade shows, congresses and other events. Exhibitions and fairs are Finland’s seventh largest media. In terms of impact, they are the most profitable, the richest in experiences and the most social of all media. In 2016, a total of 75 trade show events and more than 2,200 meetings and congresses were held in Messukeskus. A total of 9,000 exhibitors and 1.1 million visitors took part in the events.
Executive Vice President, Building Construction, Finland
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Lemminkäinen is an expert in complex infrastructure construction and building construction in Northern Europe and one of the largest paving companies in its market. Together with our customers and the 4,700 professionals we employ, we build a sustainable society. In 2016, our net sales were EUR 1.7 billion. Lemminkäinen Corporation’s share is quoted on Nasdaq Helsinki Ltd. www.lemminkainen.com