- CEO
- Håkan Dahlström
- Full Time Employees
- 3,755
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Adolfsbergsvägen 13 Stockholm AB Sweden 112 92
- IPO Date
- Feb 6, 2015
- Business
- Eltel AB (publ) Eltel AB (publ) operates as a leading European provider of technical infrastructure services for communication and power networks, focusing on design, construction, maintenance, and upgrades across the Nordics, Germany, Lithuania, and select international markets. Founded in 2001 and headquartered in Bromma, Sweden, the company delivers comprehensive solutions for power transmission and distribution, including turnkey high-voltage projects, smart grids, electric vehicle charging infrastructure, wind farms, solar parks, battery energy storage systems, and data centers; communication services encompassing mobile and fixed networks, fixed wireless access, 5G deployment, public and private indoor mobile systems, fiber-to-the-home rollouts, and data center infrastructure; as well as specialized products like Turvatikas safety ladders, corrective maintenance, and project management for telecom operators, utilities, industrial clients, public sector entities, and national grid owners. Eltel serves key customers through long-term frame agreements and turnkey projects, emphasizing the digitalization and electrification of society with approximately 4,500 employees and 2024 net sales of EUR 828.7 million. In recent developments, Eltel secured multiple strategic frame agreements, including a six-year deal valued at up to EUR 24.6 million initially with E.ON for connection and metering services starting February 2026, two additional E.ON power agreements totaling EUR 42.6 million, a EUR 16 million data center contract with Hyperco, and extensions with Caruna for grid services from March 2026; issued EUR 130 million in senior bonds in June 2025 to strengthen its capital structure; repurchased and canceled EUR 24 million in hybrid bonds; and divested its Polish high-voltage business while progressing new customer acquisitions and reporting record adjusted EBITA in Q3 2025.