Vaisala will invest in a modern office building and laboratory facilities in Vantaa, Finland – Nasdaq

Vaisala Company
Inventory Trade Launch
December 22, 2017 at 12:15 p.m. (EET)

Vaisala will invest in a modern office building and laboratory facilities in Vantaa, Finland

Vaisala has determined to construct an office building of about 7,900 m² at Vantaa headquarter website through the subsequent three years. This new building is deliberate primarily for R&D perform, and the building will embrace versatile and modern laboratory facilities. Throughout the current years, Vaisala has invested strongly in R&D, which has created want for brand new facilities in order to speed up development. The target is to create versatile and modifiable workspaces for mission groups and collaboration in addition to to create atmosphere, which will foster fast prototype creation. Round 300 staff will be working in this building and it will be outfitted with geothermal heating and cooling programs in addition to different options supporting sustainability. Throughout the subsequent 2-three years, this building mission is estimated to virtually triple Vaisala's annual investments in comparison with the present shut to 10 million euros stage.

For additional data, please contact:
Kaarina Muurinen, CFO
Tel. +358 40 577 5066

Distribution
Nasdaq Helsinki
Key media
www.vaisala.com

Vaisala is a international chief in environmental and industrial measurement. Building on over 80 years of expertise, Vaisala offers observations for a higher world. We're a dependable associate for purchasers around the globe, providing a complete vary of revolutionary remark and measurement merchandise and companies. Headquartered in Finland, Vaisala employs roughly ,600 professionals worldwide and is listed on the Nasdaq Helsinki inventory change.  www.vaisala.com  www.twitter.com/VaisalaGroup


This announcement is distributed by Nasdaq Company Options on behalf of Nasdaq Company Options purchasers.
The issuer of this announcement warrants that they're solely liable for the content material, accuracy and originality of the data contained therein.
Supply: Vaisala Oyj through Globenewswire

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Vaisala will invest in a modern office building and laboratory facilities in Vantaa, Finland - Nasdaq