Nordic Business Report-April 12, 2006-SWECO wins contract to manage refurbishment of department store in Finland
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The Swedish engineering, environmental technology and architecture consulting group SWECO announced on Tuesday (11 April) that its Finnish subsidiary CM-Urakointi Oy has received a contract to manage the refurbishment of the Stockmann department store in Helsinki, Finland.
The refurbishment project is expected to take four years and to cost approximately EUR125m.
The project includes the increasing of the department store's selling space with 10,000 square metres to a total of 50,000 square metres, a new top-floor restaurant and three new underground parking levels.
In addition to construction management CM-Urakointi will also handle the procurement of subcontractors.
SWECO acquired CM-Urakointi in March this year.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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