Sweco

#3040

Rank

$3.63B

MarketCap SE

SE Sweden

Country

Summary
Sweco AB (publ) provides consulting services in engineering, environmental technology, and architecture fields worldwide. The company undertakes provides energy analysis and environmental certification, design of electrical, telecom and security systems, fire safety engineering and risk analysis, HVAC and sanitation, steel, timber, and glass structures design, building construction and industrial structures design, construction economics, urban planning, project and design management, property development, site supervision, systems development and big data, data coordination and BIM, 3D visualization and geographical analyses, and strategy and operational support. It also provides water and wastewater engineering services, water resource planning, urban water management, design of flood protection structures, waste management planning and advice, environmental studies and services, energy production studies, transmission and distribution planning, energy market analysis and optimization advice, process engineering services, plant design, and logistics planning and project management. In addition, the company offers road and land use planning, rock excavation design and geotechnical engineering, bridge design, port master planning, surveying, tracks, electricity, signalling, telecoms, operation and maintenance, capacity, accessibility, and strategic planning, and intelligent transportation systems. Additionally, the company offers electricity and automation, fire engineering and risk analysis, design for electrical, telecom, and security systems, environment, and energy; project management; and general, landscape, and interior architecture. Sweco AB (publ) is headquartered in Stockholm, Sweden.

History

Sweco was formed 1997, when FFNS , founded itself in 1958, acquired VBB group . The name Sweco is an abbreviation of "Swedish Consultants", a name used by VBB in international projects. VBB has had its first international project in St. Petersburg in 1902; since then, the companies today in Sweco's portfolio carried out projects in more than 100 countries. Sweco expanded as a company thanks to over 130 mergers between 1998 and 2020. The oldest of these engineering offices was Theorells Installationskonsult AB, founded in 1889 by Swedish MSE Hugo Theorell, and turned into Sweco Systems AB after it was acquired. For this reason, Sweco claims over 130 years of experience in engineering projects.

Sweco has grown profitably both organically and through acquisition. Sweco has extensive experience in acquisitions and has been a force for consolidation in Sweden, the Nordic region and in northern Europe. Sweco has since 1998 acquired over 100 companies and has its historical roots in a number of companies, among them:

BECO

BLOCO

Theorells Installationskonsult AB

VBB

Vectura Consulting AB

VIAK

Grontmij

Årstiderne Arkitekter

MLM Group

KANT ArchitectsIn 2019, the group employed 16,000 people, including 5,600 in Sweden. With just over 30%, the company's largest shareholder is Investment AB Latour, which belongs to Swede Gustaf Douglas.


Mission
Sweco is committed to providing innovative solutions ensuring sustainable development, sustainability, improved quality of life and corporate competitiveness through insightful engineering and sound environmental solutions.

Vision
Through excellent engineering capabilities and commitment to long-term sustainability, Sweco aims to be Europe’s leading partner for sustainable development and engineering solutions.

Key Team

Ms. Marcela Sylvander (Chief Communications Officer)

Ms. Helene Hasselskog (Chief HR Officer)

Mr. Tapani Bastman (Head of Energy and Pulp & Paper Division - Sweco Industry)

Mr. Jukka Korvenoja (Head of Chemical Industry Division - Sweco Industry)

Lars Enander (Head of Water and Environment Division - Norway)

Stig Bremer (Head of IT)

Tor-Helge Indrebø (Head of Vest Division)


Recognition and Awards
Sweco has made a name for itself as an outstanding engineering and environmental technology company when it comes to sustainability. The company continuously strives to remain competitive in the industry and has been awarded management solutions awards and received architecture distinctions for its work.

References
Sweco
Leadership team

Ms. Asa Bergman (Pres, CEO & Director)

Mr. Olof Stalnacke (Chief Financial Officer)

Ms. Lisa Lagerwall (Gen. Counsel)

Products/ Services
Civil Engineering
Number of Employees
1,000 - 20,000
Headquarters
Stockholm, Stockholms Lan, Sweden
Established
1889
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
SWEC-A.ST
Social Media
Fri Feb 23 2024
About

businessabc offers a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © businessabc powered by ztudium