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EVRY brings forward its new HQ and reduces cost-base


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-03-12 08:57:54 -

(Oslo, 12 March 2013) EVRY ASA has decided to bring forward the company's move
to its new headquarters at Fornebu so that the move will now start in summer
2013. This is six months earlier than originally planned. EVRY has entered into
a good agreement with Orkla ASA for the sublease of its current head office
premises at Nedre Skøyen vei 26 in Oslo.

The first move of EVRY employees to the company's new headquarters at
Snarøyveien 30 in Fornebu will take place in July 2013.

"Part of our new headquarters premises will be ready as early as 1 July 2013.
Since we have achieved a good sublease agreement for Nedre Skøyen vei 26, we are
bringing forward the entire process of moving to our new headquarters", explains
Terje Mjøs, 
CEO of EVRY. The agreement provides for Orkla to take over the major part of the premises at Nedre Skøyen vei 26 in summer 2013. Over 500 EVRY employees will move to the company's new headquarters at Fornebu over the course of July 2013. The other employees who are located at Nedre Skøyen vei 26, around 500, will be relocated to the company's various other locations in Oslo until the rest of the new headquarters is ready for occupation on 1 January 2014. EVRY estimates that the financial effect of moving to the new headquarters, combined with the sublease agreement, will be an annual cost saving starting from 2014 of NOK 35 million compared to the cost level in 2013. "I am very pleased that we have been able to bring forward both the move to our new headquarters with new ways of working and interaction, and to bring together major parts of our organisation at Fornebu earlier than we had originally planned. This is an important step towards realising our strategy", comments Terje Mjøs, CEO of EVRY. Contact names: Terje Mjøs, CEO, EVRY. Tel: + 47 06500 Eli Giske, CFO, EVRY. Tel: +47 908 44 189 Geir Remman, VP Corporate Communications, EVRY. Tel: + 47 970 55 017 About EVRY EVRY is one of the leading IT companies in the Nordic countries, with a strong local and regional presence in 50 Nordic towns and cities. Through its knowledge, solutions and technology, EVRY contributes to the development of the information society of the future, and so creates value for the benefit of its customers and for society as a whole. EVRY combines in-depth industry knowledge and technological expertise with a local delivery model and international strength.  EVRY has some 10,000 employees, and the company is committed to demonstrating that Nordic customers are best served by a supplier that understands Nordic business from the inside. EVRY reports annual turnover approaching NOK 13 billion. The company is listed on the Oslo Stock Exchange and operates from headquarters in Oslo, with major activities in both the Norwegian and Swedish markets. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: EVRY via Thomson Reuters ONE [HUG#1684596]


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