Kreate Group Plc
33.90
EUR
+2.90
(+9.35%)
ISIN
FI4000476866
Return %
Stock
S&P 500
1Y
239.00
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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EUR
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in mil. unless spec.Growth Rates
EUR
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in mil. unless spec.Quarterly Revenue
EUR
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in mil. unless spec.Quarterly Earnings Per Share
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EUR
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in mil. unless spec.Company Description
- CEO
- Timo Olavi Vikström
- Full Time Employees
- 706
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Äyritie 8c Tuusula Finland 01510
- IPO Date
- Feb 23, 2021
- Website
- kreate.fi
- Similar Companies
- Business
- Kreate Group Oyj is a Finnish infrastructure construction company specializing in technically demanding projects. The company provides a wide range of services including construction and repair of bridges; transport infrastructure such as roads, railways, railway yards, tramways, and metros; special foundation and underground rock construction; fairway, concrete, and rock construction; rock engineering; and circular economy and environmental solutions. Kreate operates primarily in Finland and the Nordic region, serving both public and private sector clients. Founded in 2016 and headquartered in Finland, Kreate employs over 500 infrastructure construction experts. In recent developments, Kreate has strategically expanded its business with the acquisition of SRV Infra Oy, a subsidiary of SRV Group Plc, entering the underground rock construction market in Finland for the first time. This acquisition complements Kreate’s existing expertise and broadens its service offering in foundation and special foundation construction, supported by megatrends such as urbanization and green transition investments. The transaction strengthens Kreate’s position in infrastructure construction and is expected to be completed by the end of 2025. The acquisition is accompanied by new financing arrangements, including a EUR 15 million bank loan and increased revolving credit facilities. Kreate continues to leverage selective acquisitions to support its profitable growth strategy, aiming for annual organic revenue growth of 5–10% from 2025 to 2027 while focusing on high-quality, demanding infrastructure projects. Kreate’s infrastructure segment remains its core business, emphasizing quality, cost-efficiency, and flexible customer collaboration. The company maintains a flat organization to streamline operations and decision-making processes. Its recent framework agreement with SRV enhances project opportunities and operational synergy, reinforcing its reputation as a leading infrastructure construction provider in the Nordic market. Kreate reported revenue of EUR 275 million in 2024 and is focused on expanding its market presence through both organic growth and targeted acquisitions. The group aims to be the preferred employer for infrastructure experts, supported by high employee satisfaction and low turnover. Kreate Group Oyj operates exclusively in the infrastructure construction sector, encompassing bridge repairs, transport infrastructure construction, underground and special foundation work, and environmental construction services, with a strategic focus on technically challenging projects in Finland and nearby Nordic countries.