We provide high-quality solutions for bridges, roads, railways, environmental and foundation construction, circular economy, and geotechnical needs. As a specialist in demanding projects, we focus on comprehensive quality and cost-efficiency. Kreate operates in Finland and Sweden. The Group’s revenue in 2024 was EUR 275 million, and the company employs over 500 people. Kreate Group Plc is listed on Nasdaq Helsinki.
Kreate Group Plc consists of Kreate Oy, operating in Finland, and Kreate Sverige Ab, operating in Sweden. In addition, the Group holds a 50% stake in KFS Finland Oy.
Kreate Oy
Kreate Oy operates in Finland, providing high-quality solutions for bridges, roads, railways, environmental and foundation construction, circular economy, and geotechnical needs. Kreate Oy’s revenue accounts for approximately 85% of the Group’s total revenue. In Finland, Kreate focuses particularly on increasing the share of revenue generated from railway-related environments.
Kreate Sverige Ab
Kreate Sverige operates in Sweden and has four business areas: rock, concrete, foundation, and earthworks construction. The majority of its operations consist of demanding underground infrastructure construction. Growing Kreate Sverige is one of the main strategic focus areas of the Group. The goal is to develop Sweden into a second geographical stronghold for the Group.
KFS Finland Oy
KFS Finland Oy is the market leader in specialist foundation construction in Finland. It is jointly owned by Kreate (50%) and Keller (50%). KFS’s revenue is not consolidated into Kreate’s revenue; instead, Kreate records its share of KFS’s result.
We serve both private and public sector clients. In addition, we collaborate with other companies in the industry on several projects. What our customers have in common is that they value a cost-effective, high-quality, and reliable partner. Our customer satisfaction is exceptionally high — in 2024, our customer satisfaction score (Client NPS) was 82.
Revenue distribution by customer group (2024)
State 50%
Cities and municipalities 14%
Private sector 35%
The parent company of the Group, Kreate Group Plc, was registered in the Trade Register on January 31, 2014. The new player in infrastructure construction, Kreate, was formed through three acquisitions during 2014, when three skilled infrastructure construction companies — Fin-Seula, Kesälahden Maansiirto, and Insinööritoimisto Seppo Rantala — joined forces. In 2015, we named the company Kreate, as the name sounded just as rugged to us as our industry. It also reflects how we create and build something new every day — constantly evolving and renewing.
In 2017, the Railtek companies, specialized in railway construction, joined the Kreate Group. In 2018, Varkauden Louhinta, focused on rock construction, became part of the Group. In 2022, Bror Bergentreprenad AB (BBEAB), specialized in demanding underground infrastructure construction, was acquired as part of our expansion into Sweden. By 2024, the companies that merged to form Kreate had a combined total of 271 years of experience.