Sweco (originally "Swedish Consultants") is a European engineering consultancy company, active in the fields of consulting engineering, environmental technology and
architecture
Architecture is the art and technique of designing and building, as distinguished from the skills associated with construction. It is both the process and the product of sketching, conceiving, planning, designing, and construction, constructi ...
. Sweco is one of Europe's leading architecture and engineering consultancy company, established in 14 countries (Sweden, Norway, Finland, Denmark, Estonia, Lithuania, Bulgaria, Czech Republic, Germany, Belgium, Netherlands, UK, Ireland and Poland). Sweco carries out projects in 70 countries annually throughout the world.Sweco plans and designs buildings and community infrastructure. The company assists with analysis, calculations, studies and the planning, design and construction of what is to be built.
The company is listed on NASDAQ OMX Stockholm since 1998, and has since acquired more than a hundred companies of varying sizes.
Ã…sa Bergman is president and CEO since 2018.
History
Sweco was formed in 1997 through the acquisition of VBB group (''Vattenbyggnadsbyrån AB'') by FFNS (''Falck/Fogelvik/Nordström/Smas AB''). The name ''Sweco'' is an abbreviation of "Swedish Consultants", a name that had been used by VBB on its international projects.
VBB had conducted its first international project in
St. Petersburg in 1902; by the 21st century, the companies in Sweco's portfolio had carried out projects in more than 100 countries. Sweco expanded as a company over time, largely as a result of over 130 mergers that have been completed since its listing in 1998.
The oldest of the various engineering offices under its umbrella formerly traded as ''Theorells Installationskonsult AB'', which was founded in 1889 by Swedish MSE Hugo Theorell; it was rebranded as ''Sweco Systems AB'' following its acquisition. Due this heritage, Sweco had claimed over 130 years of experience in engineering projects. During 2018, BML Ingenieurgesellschaft mbH and Götzelmann + Partner GmbH joined Sweco. The two companies strengthen the areas of technical building equipment as well as
wastewater
Wastewater (or waste water) is water generated after the use of freshwater, raw water, drinking water or saline water in a variety of deliberate applications or processes. Another definition of wastewater is "Used water from any combination of do ...
. That same year, the company launched an international campaign called Urban Insight, which looks at current challenges in urban development.
Sweco has grown both organically and through acquisition. Sweco has extensive experience in acquisitions and has been a force for consolidation in Sweden, the Nordic region and in northern Europe. Sweco has since 1998 acquired over 100 companies, and has its historical roots in a number of companies, among them:
*
BECO
*
BLOCO
*
Theorells Installationskonsult AB
* VBB
*
Vectura Consulting AB
*
VIAK
*
Grontmij
* Ã…rstiderne Arkitekter
* MLM Group
* KANT Architects
* OJ Rådgivende Ingeniører
By 2019, Sweco Group employed 16,000 people, including 5,600 in Sweden.
With just over 30%, the company's largest shareholder is Investment AB Latour, which belongs to Swede Gustaf Douglas.
Notable projects
*
Abu Simbel temples
Abu Simbel is a historic site comprising two massive rock-cut temples in the village of Abu Simbel (), Aswan Governorate, Upper Egypt, near the border with Sudan. It is located on the western bank of Lake Nasser, about southwest of Aswan ...
– the relocation of the temples in the 1960s
*
Bloomberg European Headquarters, London
*
City Tunnel (Malmö)
The City Tunnel () is an rail link in Malmö, Sweden, running between Malmö Central Station (Malmö C) and the Öresund Bridge, of which under Malmö city centre is in a tunnel, to increase capacity on the Skåne County network by changing Mal ...
*
European Spallation Source (ESS), Lund
*
Facebook
Facebook is a social media and social networking service owned by the American technology conglomerate Meta Platforms, Meta. Created in 2004 by Mark Zuckerberg with four other Harvard College students and roommates, Eduardo Saverin, Andre ...
data center
A data center is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunications and storage systems.
Since IT operations are crucial for busines ...
, Luleå
*
Kuwait Towers
*
Kuwait Water Towers
*
Stockholm City Line
*
Tegera Arena
*
The Northern Link (Norra länken)
* The Ray Farringdon, London
*
Øresund Bridge, Malmö & Köpenhamn
*
Bybanen
*
Oosterweel Link
References
External links
Official websiteFinancial reports
Sweco history
{{Authority control
Companies based in Stockholm
International engineering consulting firms
Companies listed on Nasdaq Stockholm
Swedish companies established in 1997
Engineering consulting firms of Sweden
Abu Simbel