Coor becomes Fortum’s service provider in Sweden and Finland

Coor Service Management and the energy company Fortum have signed a frame agreement for Coor to deliver IFM services at Fortum's offices and plants in Sweden and Finland. This agreement consists of a fixed subscription with a total value of some SEK 320 m, and supplementary services that are ordered as required.

This assignment means Coor assuming complete responsibility for delivering the services Fortum needs for its office workplaces, real estate and power stations—approximately 200 sites in Sweden and Finland. Services include workplace (soft FM) and property (hard FM) services—such as switchboard, reception, postal services, conference services, cleaning and restaurants, as well as property maintenance and technical installations.

"We're really proud that Fortum has selected Coor as its service management provider. Our assignment means we will be harmonizing services so they satisfy Fortum's consistency and quality standards," commented Mikael Stöhr, President and CEO, Coor Service Management.

The agreement between Coor and Fortum consists of a fixed subscription and additional supplementary services that are ordered as required. The fixed subscription has a total value of some SEK 320 m. The agreement will run for five years and there is an additional three-year extension option.

"It's important for us that services are delivered on an effective, consistent and structured footing. We selected Coor as our provider because we think they have the best prospects of satisfying our wants and needs," responded Michael Åslund, Vice President, Corporate Real Estate, Fortum

Coor will be delivering services using existing Coor staff, but this will also involve some new hirings. Some services will be delivered using subcontractors.

For more information, please contact:

Mikael Stöhr, President and Group CEO, Coor Service Management
+46 8 553 959 35, [email protected]

Ulf Wretskog, President, Coor Service Management in Sweden
+46 8 553 959 40, [email protected]

Åsvor Brynnel, Head of Corp. Communications, Coor Service Management
+46 8 553 954 04, [email protected]