Annual Report 2016
Caverion designs, builds, operates and maintains intelligent and energy-efficient solutions for buildings, industries and infrastructures in Northern, Central and Eastern Europe. Caverion operates in 12 countries and employs approximately 17,000 people.
2016 was a year of restructuring. 2017 will be a year of stabilisation.
2016 was a year
For Caverion, 2016 was both a very special and a very disappointing year. Many of our problems were related to issues in our project business and we have implemented several actions that will help us to improve our project performance.
Our Technical Maintenance and Managed Services business areas, which represent our Services business, continued to perform well in 2016.
The year was unfortunately also a year of restructuring. With the completed and ongoing actions, together with the organisational and management changes, we will continue to lay a better foundation for our operations in the future.
All technical disciplines for the entire life cycle of properties and industrial plants
We have strong process and technological expertise and comprehensive services, including all technical disciplines throughout the entire life cycles of properties and plants.
Caverion has two business units: Projects and Services.