New Plusshus orders worth SEK 100 million

During the autumn, Setra Plusshus received new orders for terraced housing developments in Greater Stockholm worth a total of SEK 100 million.

The new agreements signed this autumn relate to three groups of terraced housing in Bagarmossen, Vendelsö and Vällingby. Of the total order value of SEK 100 million, over one-third is already called off for production.

“We note that our customers, who are primarily found in metropolitan areas such as Stockholm and Oslo, understand that industrial-scale and climate-smart wood construction can make a resource-efficient contribution to housing development in our growth regions,” says Hannele Arvonen, President and CEO of Setra.

“The increased demand for housing requires even shorter lead times from concept to occupation. Our standardised building systems and processes make us a flexible cooperation partner able to delivery unique homes with high demands on both quality and design,” says Krister Norberg, Head of Operations at Setra Plusshus.

Plusshus is Setra’s building system for prefabricated housing units made of wood. Manufacturing takes place in two modular building factories in Kristinehamn and Renholmen, just north of Skellefteå.

Wood products company Setra includes a total of nine sawmills, three processing units and two modular building factories.

For further information, please contact:

Hannele Arvonen,

President and CEO

Telephone: +46 8 705 03 10, mobile +46 706 18 19 17

Krister Norberg,

Head of Operations at Setra Plusshus, Building Products & Systems business area

Telephone: +46 910 71 44 30 08, mobile: +46 705 97 95 30

Setra is one of Sweden’s largest wood products companies and a leading player in Europe. We offer eco-certified wood products for interiors and construction to customers in the building materials trade and industry. The Group has approximately 900 employees and annual sales of SEK 4.1 billion. Exports to Europe, North Africa, the Middle East and Japan account for almost 60% of sales. For more information, visit www.setragroup.com.

Press contact: Lotta Löwhagen Lundberg, lotta.lowhagen.lundberg@setragroup.com, +46 706 54 13 44

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About Us

Setra is one of Sweden’s largest wood products companies and a leading player in Europe. We process raw material from responsibly managed forests and offer climate-friendly products and solutions for building and living in a global market. The Group has approximately 800 employees and annual sales of SEK 4.2 billion. Exports to Europe, North Africa, the Middle East and Asia account for about 60% of sales.