April 4, 2007
SRV builds new office and logistics premises in Estonia for Oriola-KD
SRV International Oy and As Oriola, which belongs to Oriola-KD Group, have signed a contract for the construction of the new office and logistics premises in Tallinn.
The gross area of the project is 4,300 m2, including 1,400 m2 of office and 2,900 m2 of logistics premises. In addition, the contract includes an extension option of 2,000 m2. The premises will be built on the plot of land, owned by SRVs subsidiary, in the area of Tallinn. Construction works start immediately and the premises will be put into use at the beginning of 2008.
Construction of the logistics is one of our core business areas and we are satisfied that we have an opportunity to build a logistics centre for the listed company on the developing Baltic markets, says Ari Beilinson, Managing Director of SRV International Oy.
- The objective of the new office and logistics premises is to support our business in Estonia as well as to create better operating prerequisites for our future activities, says Pekka Ruokanen, Oriolas Director, responsible for pharmaceutical wholesale trade in the Baltic countries.
SRV Russia is a part of SRV Group and operates as a real estate developer and a project management contractor in the Baltic countries and Russia. SRV International specialises in the development and construction of commercial premises, offices, hotels, and various industrial and logistics facilities. SRV offers a wide range of services, which cover land acquisition, financing, designing and construction according to the project management model.
Oriola-KD Oyj is a leading company in Scandinavia in the pharmaceutical distribution and trade as well as in healthcare and dental trade. Invoicing in 2006 was 2.3 billion euros and the number of personnel was about 1,500. The company is listed on the Helsinki Stock Exchange.
Juha Metsäntähti, Project Director
SRV International Oy
mobile +358 40 505 6371
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