Terranor Group AB
35.90
SEK
-1.00
(-2.71%)
Terranor Group AB
STO:TERNOR
(Nasdaq Stockholm)
Recent
price
35.90
P/E
ratio
39.91
div
yld
4.16%
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Terranor Group AB is a Sweden-based infrastructure services company specializing in road operation, maintenance, and civil engineering solutions across the Nordic region. The company operates through three primary geographic business segments comprising Sweden (Terranor AB), Finland (Terranor Oy), and Denmark (Terranor A/S). Its comprehensive service portfolio includes winter maintenance operations, encompassing snow plowing and clearance, anti-icing and de-icing treatments, sanding, salting, and 24/7 winter weather surveillance; summer maintenance and road repair services, including asphalt resurfacing, pothole patching, crack sealing, bridge maintenance, road marking, and drainage network maintenance; roadside vegetation and green area management, such as roadside mowing, brush cutting, tree trimming, and weed eradication; traffic safety and infrastructure management, comprising the installation, inspection, and maintenance of guardrails, road signs, traffic control signals, and temporary traffic diversion systems; civil engineering and groundwork, including earthmoving, paving, and electric vehicle charging infrastructure deployment; and 24/7 incident response and emergency road clearing services. Terranor Group primarily serves public sector clients, including national transport agencies such as Trafikverket in Sweden and the Finnish Transport Infrastructure Agency, as well as municipal authorities and regional transport bodies. Originally established through the carve-out of NCC's road maintenance operations in 2019 and 2020, the company is headquartered in Solna, Sweden. In recent developments, Terranor Group completed its initial public offering on the Nasdaq First North Growth Market in Stockholm under the ticker symbol TERNOR in June 2025. Following the listing, former parent investment firm Mutares SE & Co. KGaA completed its full divestment and exit from the company in May 2026, establishing Terranor as an independent public entity. The company has also expanded its operational footprint across the Nordic markets through multiple long-term contract wins with national and municipal road authorities in Sweden and Finland, building a record multi-billion-krona order backlog.