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Cinia signs deal to build Hanko branch line

Monday 19 December 2016 | 12:49 CET | News
Cinia Group and investment group C-Fiber Hanko have signed a cooperation deal to enable the construction of a branch to Hanko from the C-Lion-1 submarine data cable between Germany and Finland. The partners in C-Fiber Hanko are Tammisaaren Energia, Karjaan Puhelin, Raasepori Savings Bank, N3M Group, the Port of Hanko, Tammisaari Savings Bank, XLT-Systems and private investor Bjorn Siggberg. C-Fiber Hanko will invest EUR 3 million and Ciniai will invest in constructing the new connection.

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Categories: Fixed
Companies: Cinia
Countries: Finland
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