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Sweco

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Company Overview



Sweco is Europe's premier architecture and engineering consultancy, distinguished for its expertise in sustainable design, engineering, and regulatory consultancy services. With a workforce of approximately 22,000 architects, engineers, and specialists, Sweco plays a pivotal role in shaping future sustainable communities and cities. Headquartered in Stockholm, Sweden, the company is publicly traded on Nasdaq Stockholm, reporting substantial sales of SEK 29 billion (EUR 2.5 billion) in 2023. Its service portfolio includes Buildings and Urban Areas, Water, Energy and Industry, Transportation Infrastructure, and Architecture.

Leadership Team



  • Åsa Bergman, President and CEO, possesses 27 years of experience within Sweco. Her strategic leadership focuses on sustainable urban planning.

  • Olof Stålnacke, Chief Financial Officer since 2020, manages Sweco’s financial operations aligning with sustainability-linked strategies.

  • Lisa Lagerwall, General Counsel, utilizes her Harvard Law education to oversee Sweco's legal affairs, ensuring compliance and guiding legal strategy.

  • Sam Saatchi, Chief Strategy Officer, appointed in 2022, leads Sweco's strategic and sustainability initiatives.

  • Helene Hasselskog, Chief HR Officer, is responsible for organizational development and transformation, supporting growth.

  • Marcela Sylvander, Chief Communications Officer, spearheads strategic communications to promote Sweco's recognition as a leading employer in the Nordics.

  • Ann-Louise Lökholm Klasson, President of Sweco Sweden, drives organizational efficiency and growth.

  • Thomas Hietto, President of Sweco Finland, emphasizes energy and sustainability projects, including a partnership for a green hydrogen production plant.

  • Rasmus Nord, President of Sweco Norway, focuses on sustainable urban infrastructure.

  • Dariush Rezai, President of Sweco Denmark, concentrates on integrating AI initiatives and fostering strategic partnerships.

  • Eugene Grüter, President of Sweco Netherlands, advocates for innovative collaboration in sustainable urban solutions.


Recent Developments and Projects



Sweco is engaged in transformative projects including a new metro link in Stockholm and a mycoprotein plant in Finland, highlighting its dedication to sustainability. Strategic acquisitions in Germany and the Netherlands have enhanced Sweco’s expertise in sustainable buildings and wastewater consultancy. The company's aim to achieve climate neutrality by 2040 reinforces its leadership in environmental responsibility.

Strategic Initiatives



Sweco’s 'Urban Insight' platform invites global experts to share knowledge and strategies for sustainable urban planning, reinforcing its status as a thought leader. The company’s focus on digitalization and urbanization solutions demonstrates its commitment to solving contemporary urban challenges.

Competitor Landscape



Sweco operates in a competitive space against firms like:

  • Ramboll Group: With headquarters in Copenhagen, Ramboll provides consultancy services focused on sustainability and employs over 18,000 experts across 35 countries.

  • AFRY AB: Based in Stockholm, AFRY offers engineering and design services with 19,000 professionals, aimed at advancing a sustainable society.

  • Arcadis NV: A global consultancy headquartered in Amsterdam, delivering sustainable design services with over 36,000 employees.

  • Skanska AB: A Swedish construction company known for large-scale infrastructure projects, reporting a SEK 157 billion revenue in 2023.


Market Position and Differentiators



Sweco stands out due to its commitment to sustainable urbanization and climate adaptation, leveraging regional expertise across a broad geographic scope. Its competitive advantage lies in integrating digital capabilities into service offerings and emphasizing the long-term environmental impacts of its projects.

Financial Performance and Growth



Sweco's financial health is robust, with significant revenue growth from $588.9 million in Q3 2023 to $881.4 million in Q4 2023. Recent acquisitions and expansions have strengthened its market position and service capabilities in engineering and environmental consultancy, driven by technological advancements and sustainability demands.

Key Insights for Engagement



  • Sweco's expertise in sustainable and digital infrastructure presents collaboration opportunities in global markets emphasizing climate resilience.

  • Strategic partnerships or technology integrations with Sweco could provide competitive advantages in markets aligned with its core competencies.

  • Sweco's ability to deliver comprehensive, digitally-driven, and sustainable solutions is a significant asset in large-scale, multidisciplinary project negotiations.