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 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
Interim report January – March 2023 Sweco AB (publ)
January – March 2023 Net sales increased to SEK 7,140 million (6,077) EBITA increased to SEK 849 million (648), margin 11.9 per cent (10.7) EBITA increased 19 per cent year-on-year after adjustment for calendar effects EBIT increased to SEK 839 million (629), margin 11.7 per cent (10.4) Net debt amounted to SEK 2,916 million (997)… Read more
Sweco completes acquisitions in the UK, Finland and Sweden adding a total of 175 experts
Sweco continues to capture opportunities that arise in the market by making three new acquisitions. By acquiring Ball & Berry in the UK, announced today, Sweco strengthens its market leading position in technical and compliance standards in the Building Control sector and extends its geographical presence. Ball & Berry has around 40 experts in four… Read more
Resolutions at Sweco AB’s Annual General Meeting and board resolutions on acquisition and transfer of treasury shares
Sweco AB (publ) (“Sweco”) has today April 20, 2023, held its Annual General Meeting. The Annual General Meeting resolved in accordance with all the proposals put forward by the Board of Directors and the Nomination Committee. Board of Directors, discharge of liability, fees, dividend etc. The Annual General Meeting resolved, as proposed by the Nomination… Read more
Sweco publishes Annual and Sustainability Report 2022
Net sales increased 11 per cent to slightly more than SEK 24 billion and with a margin of 9.2 per cent. The healthy demand for Sweco’s services is driven by increased investments in the green transformation of Europe’s industries, energy systems and transport infrastructure as well as by investment in the resilience of cities and… Read more
Anna Elisabeth Olsson
Head of Press and Public Affairs
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