Instalco AB (INSTAL.ST), a Swedish installation service provider with a focus on plumbing, electrical, ventilation, and other areas, said on Thursday that its subsidiary, Elektro-Centralen AB, has received a contract of around SEK 190 million.
The contract work will cover the electrical and telecom installations in conjunction with the renovation and new construction works at the Artistic Faculty, University of Gothenburg.
The total area of the new building structures will be around 35,000 square meters, while renovation covers approximately 11,000 square meters.
The renovation and new construction works are currently underway for the premises that will house the Artistic Faculty at the University of Gothenburg.
The construction project aims to bring together all art education at the university to one location.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.