Kreate Group Oyj
Kreate Group Oyj is a Finnish infrastructure company specializing in technically demanding projects that require specialized expertise. The company offers a wide range of solutions in bridge, road, and railway construction, as well as environmental and foundation engineering, circular economy, and geotechnical needs. With a workforce of over 500 professionals, Kreate undertakes more than 100 projects annually. Listed on Nasdaq Helsinki, the company reported a revenue of €275 million in 2024.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueIncludes bridge, road, and railway construction projects.
Covers environmental and foundation engineering projects.
Focuses on geotechnical engineering needs.
Involves solutions related to the circular economy.
Customers
Kreate Group primarily serves government agencies, municipalities, and large corporations requiring complex infrastructure projects. Their clients often seek expertise in technically challenging projects that demand high precision and specialized knowledge. The company is known for its strong contract management skills and customer-centric approach, which helps in maintaining long-term relationships. Kreate's projects are mainly concentrated in Finland and Sweden, with a significant portion of revenue derived from the Finnish market.
Procure infrastructure projects due to their scale and complexity.
Require road and bridge construction for public infrastructure.
Engage in specialized engineering projects for business operations.
Strategy
Kreate Group's strategic priorities include expanding its market presence in Sweden and enhancing profitability through selective project offerings. The company aims to leverage its expertise in technically demanding projects to secure high-value contracts. Kreate is focused on maintaining cost efficiency and delivering comprehensive quality in its projects. The company plans to grow its revenue and EBITA in 2025 by capitalizing on its strong order backlog and ongoing projects.
To increase market share and diversify revenue sources.
To enhance profitability and focus on high-value contracts.
To improve margins and competitive positioning.
Geography
Kreate Group operates primarily in Finland, with nearly 90% of its revenue generated from domestic projects. The company also has a growing presence in Sweden, where it aims to expand its market share. Kreate's projects are strategically located to leverage its expertise in complex infrastructure development. The company's headquarters are in Finland, and it is listed on Nasdaq Helsinki, which underscores its strong local market presence.
Risks
Kreate Group faces several risks, including project execution risks due to the technical complexity of its projects. The company is also exposed to economic fluctuations that can affect public infrastructure spending. Additionally, there are risks related to regulatory changes and environmental standards that may impact project costs and timelines. The reliance on a limited number of large projects can also lead to revenue volatility if any project is delayed or canceled.
- Project ExecutionImpact: HighLikelihood: Medium
High technical complexity increases execution challenges.
- Regulatory ChangesImpact: High
Changes in regulations can increase project costs and affect timelines.
- Economic FluctuationsImpact: MediumLikelihood: Medium
Public spending on infrastructure can vary with economic conditions.
Accounting
Judgemental itemsTiming impacts revenue fluctuations and comparability.
Estimates affect profitability and financial results.
IFRS 16 impacts asset and liability presentation.
Similar listed companies
Publicly listed companies with a comparable business focus.
NCC
NCC-B · Industrials
NCC is a prominent construction and property development company operating primarily in the Nordic region.
GRK Infra Oyj
GRK · Infrastructure Operations
GRK is a company focused on sustainable infrastructure construction, with operations primarily in Finland, Sweden, and Estonia.
Konecranes Plc
KCR · Farm & Heavy Construction Machinery
Konecranes is a global leader in the material handling industry, known for setting industry standards through continuous improvements and breakthroughs.
SRV Yhtiöt Oyj
SRV1V · Engineering & Construction
SRV Yhtiöt Oyj is a Finnish construction company headquartered in Espoo, Finland.
Volati Pref
VOLO-PREF · Industrials
Volati is a Swedish industrial group focused on owning and developing medium-sized companies through strategic acquisitions and sustainable growth.
Nordisk Bergteknik
NORB-B · Basic Materials
Nordisk Bergteknik is a Swedish company specializing in rock handling and foundation services.
Last updated: 24/09/2026