Press releases
The latest corporate and financial news from Sweco Group. For press enquiries, please contact our head of press and public affairs.
2023
Sweco acquires Medins and becomes market-leading aquatic environment consultant in Sweden
In Sweden, Sweco currently has some 60-odd consultants who advise on client projects in aquatic environments. Medins is one of the country’s leading specialists with cutting-edge expertise in surveying aquatic environments. “Aquatic environment consulting is in growing demand, from private- and public-sector clients, for example in offshore wind power, ports, industry, mines, water and sewage… Read more
Sweco wins SEK 50 million assignment to modernise the Swedish electricity grid
A stable and modern electricity grid throughout Sweden is a prerequisite for the ongoing electrification of society, in which individuals and businesses require an increasing amount of electricity to manage the green transition. Svenska kraftnät’s electricity transmission system mainly comprises overhead lines that require proactive maintenance in order to function optimally. “Svenska kraftnät is now… Read more
Sweco acquires engineering company OJ Rådgivende Ingeniører in Denmark, adding 325 experts in the building segment
Photo, from left: Brian Thyregaard Andreasen, CEO OJ Rådgivende Ingeniører. Dariush Rezai, CEO Sweco Denmark. Photographer: Sweco. OJ Rådgivende Ingeniører A/S has both public and private clients in Denmark in the sectors of residential, healthcare, social housing, industry, offices, and education and had a turnover of approximately DKK 247 million in the most recent financial year.… Read more
Interim report January – June 2023 Sweco AB (publ)
April–June 2023 • Net sales increased to SEK 7,249 million (6,116) • EBITA increased to SEK 564 million (486), margin 7.8 per cent (7.9) • EBITA increased 29 per cent year-on-year after adjustment for calendar effects • EBIT amounted to SEK 532 million (535), margin 7.3 per cent (8.8) • Profit after tax amounted to… Read more
Sweco appointed advisor for increased resilience in Mozambique’s energy system
Mozambique’s long coastline and low-lying areas, below the current sea level, are highly vulnerable to the effects of climate change. These effects include new temperature and rainfall patterns, rising sea levels, droughts, flooding and tropical cyclones. The country’s energy system, which comprises hydropower plants, gas turbine units, power transmission and distribution networks, and the national… Read more
Sweco improves the long-term electricity supply through reinforcement of the national grid in Sweden
Wind power expansion in the north, nuclear decommissioning in the south and increased electricity consumption in Sweden require increased transmission capacity in the electricity grid throughout Sweden. Sweco’s experts within areas such as power lines, geotechnics, hydrogeology, surveying and mapping are involved in the assignment, thereby contributing to a secure supply of electricity and in… Read more
Enhancing electricity system resilience: Netherlands holds best potential, the Nordics least prepared
During power outages, low-capacity emergency power can sustain vital functions such as mobile communication between citizens and authorities, water access or charging basic appliances. One promising solution is emergency power generated from residential solar panels in combination with emergency inverters during daytime or hybrid inverters with full backup batteries. “With increasing extreme weather events and… Read more
Sweco converts existing EUR 400 million revolving credit facility to a sustainability-linked loan
The terms and conditions of the credit facility will be linked to targets for Sweco’s long-term initiatives to reduce GHG emissions in own operations and to increase gender equality among employees. “Sustainability is integrated in everything we do at Sweco. It is therefore a natural step to link the company’s financing to our sustainability targets,”… Read more
Thomas Hietto appointed new Business Area President for Sweco Finland
For the greater part of his career, Thomas Hietto has worked for the Kone Corporation in several senior positions and in different markets around the world. He has also been Deputy CEO of Caverion Corporation. Thomas Hietto holds an MSc in Industrial Management from Helsinki University of Technology (Aalto University), Finland as well as an… Read more
Sweco selected as engineering partner for 70 km hydrogen pipeline in Belgium
Large volumes of hydrogen are important for enabling climate and energy transition. The ports of Ghent and Antwerp will play leading roles as European hubs. “Transporting hydrogen and green molecules is essential in redesigning Europe’s energy system. As an engineering partner, we are happy to contribute to a sustainable and climate positive society,” says Erwin… Read more
Anna Elisabeth Olsson
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