- Business
- Sweco AB (publ) (SWEC-A.ST) is Europe's leading engineering and architecture consultancy providing multidisciplinary consulting services in sustainable urban development, infrastructure, and energy solutions. The company operates through four main segments: Buildings and Urban Areas, offering solutions for resilient cities including developer consultancy, building design, fire protection, and operations advice; Water, Energy, and Industry, designing technological solutions for clean water access, reliable energy supply, resource-efficient industrial facilities, renewable energy, hydrogen, bio- and circular economy processes; Transportation Infrastructure, developing sustainable transport systems such as roads, railways, bridges, tunnels, metro, public transport planning, and climate-optimized infrastructure; and Architecture, integrating architectural and engineering services across commercial buildings, healthcare, education, defense, and urban planning projects. Founded in 1997 through the merger of FFNS and VBB with roots tracing back over 130 years, Sweco employs approximately 23,000 architects, engineers, and specialists headquartered in Stockholm, Sweden, and conducts operations in around 70 countries primarily across Europe including key markets in Sweden, Finland, Norway, Denmark, the Netherlands, Belgium, Germany, the UK, and Central Europe. Recent developments include multiple acquisitions in 2025 to bolster capabilities, such as Fimpec Group adding 400 experts in Finland focused on energy transition sectors like batteries and critical minerals pending regulatory approval, assar architects enhancing architecture expertise in Belgium and Luxembourg with 150 professionals, VHGM expanding geothermal energy consulting in the Netherlands with 22 specialists, and the integration of Projektengagemang in Sweden along with five other quarterly deals; additionally, Sweco secured framework agreements for infrastructure modernization in the Netherlands, flood control reservoirs in Poland, power grid enhancements in Sweden, sustainable transport in Norway, and zero-emission factory design in Finland, reflecting strong order backlog growth amid rising demand in energy, water, environment, infrastructure, security, and defense sectors.