Business

We offer high-quality solutions for bridges, roads, railways, environmental and foundation construction, circular economy, and geotechnical needs.

We serve both the private and public sectors. In addition, we work in several projects in cooperation with other companies in the industry.

Revenue distribution by customer group (2025)

  • State 46%
  • Cities and municipalities 17%
  • Private sector 37%

Growth company in a stable and countercyclical market

We specialise in demanding infrastructure construction, which is by nature stable and countercyclical. The more demanding the infrastructure construction project, the less sensitive the investment decision is to temporary inflation and interest rate levels. More than half of our revenue comes from the public sector, which effectively smooths out demand fluctuations caused by economic cycles.

In 2022, we expanded into the Swedish infrastructure market, where our goal is to continue strong growth and build a second geographical stronghold for the Group.

At the end of 2025, we expanded through an acquisition into underground rock construction in Finland.

Finland ~ 85 % of revenue

Bridge construction and repair

Foundation and engineering construction

Railway construction

Road and street construction

Bridge construction and repair

Bridge construction and repair covers both the construction of new bridges and the repair of existing sites. Our strong experience is reflected in the versatility and complexity of the projects we carry out. We apply our decades of experience in bridge construction in all demanding skill and concrete structures.

Customers are mainly the state, cities and municipalities, whose mutual share varies from year to year.

Urbanisation, the bridge repair backlog and the Government’s transport investment programme support the growth potential of bridge construction and repair.

Foundation and engineering construction

Foundation and engineering construction designs and implements foundations, pilings, piling piles, pile slabs and demanding concrete construction related to the construction of demanding urban environments. In addition to high-quality construction, we utilise strong BIM and formwork expertise in comprehensive foundation and engineering solutions that are challenging at a technical level or environmentally.

The customers of foundation and engineering construction are mainly from the private sector. Dependence on cyclical housing construction is low. Turnover related to building construction consists of, for example, groundwork for trade, logistics or industrial buildings.

Increasingly dense urban construction and the growing challenge of construction support the long-term growth prospects of the sector.

Road and street construction

In road and street construction, we focus especially on implementing demanding and extensive projects involving challenging technical dimensions, such as geotechnical structures, several exit ramps and intersections. We often carry out projects in demanding environments, such as street repairs in urban areas. We also carry out demanding water utility construction in Eastern Finland and, depending on demand, industrial infrastructure contracting.

Our clients are primarily the state, cities, and municipalities. Private sector clients are typically involved in infrastructure construction for industrial projects.

Urbanisation, the geopolitical situation and the Government’s transport investment plans support the stable growth prospects for road and street construction.

Railway construction

Our railway construction activities include construction work related to railways, railway yards, tramways and metros. The projects range from more extensive railway yard renovations to smaller bridge and mass replacement works. Railway construction also covers the electric railway and signalling equipment business.

At the moment, the customer base consists almost entirely of the state, where the Finnish Transport Infrastructure Agency acts as the client for VR’s tracks. In the future, cities and municipalities will be an even larger customer group in the market, as several cities have significant railway projects underway or about to start, especially with regard to tramways.

Kreate is involved in the implementation phase of the Koskelan depot alliance project and the Tampere passenger rail yard as well as the development phase of the eastern section of the Vantaa tramway.

Urbanisation and the growth of rail-based public transport, the Government’s transport investment programme and Finland’s geopolitical position support long-term growth prospects.

Rock construction

Underground rock construction covers the excavation and reinforcement of rock spaces as well as the construction of the facilities to their final condition according to their intended use. Underground rock construction is needed when space efficiency, protectability, long service life, security of supply and saving urban space are emphasized in the project. Underground facilities are used, among other things, in energy, telecommunications, water supply and waste management projects.

The typical size of projects varies between EUR 5–100 million, and the clients are mainly from the public sector.

The outlook for underground rock construction in the coming years is strengthening due to security, preparedness and security of supply perspectives related to the geopolitical situation.

Kreate expanded into underground rock construction at the end of 2025 through an acquisition.

Sweden ~15 % of revenue

In Sweden, we are operating in rock, concrete, earth and foundation construction.

In the Swedish market, our clients are primarily private sector companies, but the end customers of the projects are often public entities, making the nature of our operations stable and highly predictable.

Increasingly dense urban construction and the growing challenge of construction support the long-term growth prospects of the sector. In addition, the Swedish infrastructure market is twice the size of the Finnish infrastructure market, offering a lot of growth opportunities.

Other

Special foundation construction

Our special foundation construction expertise is focused on our half-owned joint venture, KFS Finland Oy, which is not included in Kreate’s net sales, but is reflected in Kreate Group’s result as a share of the associated company’s result. However, KFS is an important part of our technical expertise, as KFS often carries out special foundation construction work at sites where Kreate also acts as a contractor. KFS is the market leader in special foundation construction work in Finland. Its functions include a wide range of foundation reinforcement methods from retaining walls, anchoring and foundation reinforcements to bore and driving piles, and from jet injections to stabilization.

To KFS Finland's website

Circular economy

In the circular economy, we offer solutions for the efficient utilization, use and recycling of materials as well as for environmental and landfill construction. We use recycled materials as much as possible, such as side streams from energy production plants, to replace virgin soil, and we actively seek solutions that support the circular economy, utilising them both in our own projects and offering them to our partners. Kreate has its own recycling areas, where we accept soil materials and other waste, such as concrete, and process them into recycled materials for use on construction sites.

More info on Circular Economy

Our projects