# Kreate Group Oyj > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/en/companies/kreategroup). ## Overview 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. ## Products & services • Bridge construction • Road and railway construction • Environmental and foundation engineering • Circular economy solutions • Geotechnical engineering - **Infrastructure Construction** (60%) — Includes bridge, road, and railway construction projects. - **Environmental Engineering** (20%) — Covers environmental and foundation engineering projects. - **Geotechnical Solutions** (10%) — Focuses on geotechnical engineering needs. - **Circular Economy** (10%) — Involves solutions related to the circular economy. - Bridge construction - Road and railway construction - Environmental and foundation engineering - Circular economy solutions - Geotechnical engineering ## 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. - **Government Agencies** (primary) — Procure infrastructure projects due to their scale and complexity. - **Municipalities** (primary) — Require road and bridge construction for public infrastructure. - **Large Corporations** (secondary) — Engage in specialized engineering projects for business operations. - Government agencies seeking infrastructure development - Municipalities requiring road and bridge construction - Large corporations needing specialized engineering projects - Clients valuing high technical expertise and precision - Organizations focusing on sustainable and circular economy solutions ## 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. - Primary operations in Finland, contributing 90% of revenue - Expanding market presence in Sweden - Strategically located projects for infrastructure development - Headquartered in Finland, listed on Nasdaq Helsinki ## 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. - **Expand in Sweden** (medium-term) — To increase market share and diversify revenue sources. - **Selective Project Offerings** (short-term) — To enhance profitability and focus on high-value contracts. - **Cost Efficiency** (medium-term) — To improve margins and competitive positioning. - Expand market presence in Sweden - Enhance profitability through selective project offerings - Leverage expertise in technically demanding projects - Maintain cost efficiency and comprehensive quality - Grow revenue and EBITA by capitalizing on order backlog ## 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 Execution** [high] — High technical complexity increases execution challenges. - **Economic Fluctuations** [medium] — Public spending on infrastructure can vary with economic conditions. - **Regulatory Changes** [high] — Changes in regulations can increase project costs and affect timelines. - Project execution risks due to technical complexity - Economic fluctuations affecting infrastructure spending - Regulatory changes impacting project costs and timelines - Revenue volatility from reliance on large projects - Environmental standards affecting project execution ## Accounting Kreate Group's financial statements are influenced by the timing of revenue recognition from long-term contracts, which can lead to fluctuations in reported revenue. The company uses estimates and judgments in project cost forecasting, which can impact profitability. Lease accounting under IFRS 16 affects the balance sheet presentation of assets and liabilities. Additionally, the company must manage the potential impairment of goodwill and intangible assets, which could affect financial results. - **Revenue Recognition** - **Project Cost Forecasting** - **Lease Accounting** - Revenue recognition timing affects reported revenue - Estimates in project cost forecasting impact profitability - Lease accounting under IFRS 16 affects balance sheet - Potential impairment of goodwill and intangible assets --- *Last updated: 2026-08-11T04:04:53.856931+00:00*