Sweco

Sweco (originally "Swedish Consultants") is a European engineering consultancy company, active in the fields of consulting engineering, environmental technology and architecture.  Sweco is one of Europe's leading architecture and engineering consultancy company, established in 14 countries (Sweden, Norway, Finland, Denmark, Estonia, Lithuania, Bulgaria, Czech Republic, Germany, Belgium, Netherlands, UK, Ireland and Poland). Sweco carries out projects in 70 countries annually throughout the world.[1]

SWECO AB
TypePublicly traded Aktiebolag
Nasdaq Stockholm: SWEC A (Class A)
Nasdaq Stockholm: SWEC B (Class B)
IndustryEngineering
Founded1997
FounderGunnar Nordström
HeadquartersKungsholmen, Stockholm, Sweden
Area served
Mainly northern Europe
Key people
ProductsConsultancy
Revenue1.9 billion euro
Number of employees
18,500 (2020)[2]
ParentInvestment AB Latour (31.0%)
WebsiteSWECO

Sweco plans and designs buildings and community infrastructure. The company assists with analysis, calculations, studies and the planning, design and construction of what is to be built.

The company is listed on NASDAQ OMX Stockholm since 1998, and has since acquired more than a hundred companies of varying sizes.[3] Åsa Bergman is president and CEO since 2018.[4]

History

Sweco was formed 1997, when FFNS (Falck/Fogelvik/Nordström/Smas AB), founded itself in 1958, acquired VBB group (Vattenbyggnadsbyrån AB). 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.[5] 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.[6] For this reason, Sweco claims over 130 years of experience in engineering projects. In 2018, BML Ingenieurgesellschaft mbH[7] and Götzelmann + Partner GmbH[8] оoined Sweco. The two companies strengthen the areas of technical building equipment as well as wastewater. In the same year, the company launched an international campaign called Urban Insight, which looks at current challenges in urban development.[9]

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,[10] and has its historical roots in a number of companies, among them:

In 2019, the group employed 16,000 people, including 5,600 in Sweden.[15] With just over 30%, the company's largest shareholder is Investment AB Latour, which belongs to Swede Gustaf Douglas.

Notable projects

References
  1. "The most approachable and committed partner with recognised expertise". www.sweco.se. Archived from the original on 2020-06-04. Retrieved 2020-06-04.
  2. "Sweco Nederland". www.grontmij.com.
  3. "Annual reports". www.sweco.se. Archived from the original on 2020-06-04. Retrieved 2020-06-04.
  4. "Sweco's Headquarters, Stockholm". www.sweco.se. Archived from the original on 2020-06-04. Retrieved 2020-06-04.
  5. Sweco Group - Our History
  6. "Uppfinnaren och entreprenören Hugo Theorell". www.sweco.se (in Swedish). Retrieved 2020-06-04.
  7. "Sweco GmbH übernimmt BML Ingenieurgesellschaft mbH - tab - Das Fachmedium der TGA-Branche" (in German). Retrieved 2021-06-04.
  8. "Sweco GmbH stärkt den Bereich Abwasser mit der Übernahme der Götzelmann + Partner Ingenieurgesellschaft - Sweco Deutschland" (in German). 7 October 2018. Retrieved 2021-06-04.
  9. "Urban Insight - Urban Health and Wellbeing". www.sweco-gmbh.de/ (in German). 2021-04-19. Retrieved 2023-03-16.
  10. "Investor Relations". www.sweco.se. Archived from the original on 2020-06-05. Retrieved 2020-06-04.
  11. "Investor Relations". www.sweco.se. Archived from the original on 2020-06-05. Retrieved 2020-06-04.
  12. "Sweco och Grontmij bildar Europas ledande teknikkonsult". www.sweco.se (in Swedish). Retrieved 2020-06-04.
  13. "Sweco förvärvar brittiska MLM Group". www.sweco.se (in Swedish). Archived from the original on 2020-06-04. Retrieved 2020-06-04.
  14. "Danish acquisition for Sweco". www.theconstructionindex.co.uk. Retrieved 2023-09-06.
  15. "Om Sweco Sverige - Sveco Sverige". Sweco Sweden (in Swedish). Retrieved 2022-08-13.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.