- Business
- Hifab Group AB (publ.) (HIFA-B.ST) is a Sweden-based consultancy firm specializing in independent project management and advisory services within real estate, infrastructure, and civil engineering sectors; it offers strategic advisory and change management in sustainability, digitalization, energy, business development, and workspace needs for executive teams, decision-makers, and investors; project management across all phases including early-stage planning, design management, construction management, inspections, and specialized consulting in environment, energy, installation, and systems for project organizations handling infrastructure, new construction, renovation, and space development; as well as technical consulting in management, operation, and maintenance for energy production, properties, infrastructure, and utilities such as energy and water systems serving operational heads. Founded in 1947 and headquartered in Stockholm, Sweden, the company employs approximately 193 staff and operates primarily in Sweden with additional presence in the rest of Europe, Asia, and Africa, targeting private and public entities that own, develop, and manage land, properties, facilities, and built environments. In September 2025, following a successful turnaround, its board adopted a new strategic direction focused on long-term growth through acquisitions, organic development, startup, and scaling of companies in the societal construction sector, accompanied by a proposed name change to Hultström Group AB to mark this evolution while allowing Hifab subsidiaries to develop organically; recent operational highlights include securing four new framework agreements in August 2025 through its Hifab DU-Teknik unit with clients such as Sinfra, Mölndal Energi, Olofströms kommun, and Einride for consulting services, and reporting Q3 2025 net sales of SEK 61.4 million with an operating profit of SEK 3.5 million reflecting a refined business model with reduced sub-consultant dependency and improved underlying profitability.