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NYAB enables the progress of society for future generations with extensive experience from complex and challenging projects. NYAB provides services of engineering, construction and maintenance withinsustainable infrastructure, industrial construction and renewable energy and therefore contribute to the green transition. NYAB operates in Sweden and Finland within both private and public sector.

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  • Marko Peltonen

    Director of Investor Relations


  • Erik Petersen

    Vice President of Corporate Affairs


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    NYAB completes acquisition of businesses from Dovre Group and expands into Norway and other regions globally

    NYAB is pleased to announce the successful completion of its previously communicated acquisition of Dovre Group’s businesses within Norwegian Consulting and Global Project Personnel. This strategic acquisition strengthens NYAB’s position as a leading provider of engineering, construction, and maintenance services in the infrastructure and energy sectors in the Nordics, providing a robust platform for further expansion into Norway and new geographies."We officially welcome the new businesses into the NYAB family. This acquisition aligns with our growth strategy by strengthening our position

    Anders Berg joins NYAB’s Executive Management Team and by that leaves the Board of Directors

    NYAB has appointed Anders Berg as Head of Business Development and a new member of the Executive Management Team as of today, 2 January 2025. In connection with the appointment, Berg steps down from his position as a member of the Board of Directors, where he started in April 2023, and continues in an advisory role to the Board. Following Berg’s resignation, NYAB’s Board of Directors will consist of seven members. Anders Berg has extensive international experience. He has previously been, among others, President & CEO of Lindab International AB in 2013-2017, and President & CEO of

    Uppsala Municipality makes a new decision to select NYAB and Azvi as the general contractor for the Uppsala Tramway project

    Uppsala Municipality has made a new decision to select NYAB, together with its partner Azvi, as the general contractor for the construction of Uppsala Tramway. The decision also includes an award for an order for Phase 1 of the project that includes design work, procurement of subcontractors, establishment of a production schedule, as well as calculation of project costs. NYAB previously announced on 29 October 2024 that it was selected as the general contractor for the project together with Azvi. On 25 November 2024, Uppsala Municipality informed the participants in the procurement

    Update on NYAB’s Executive Management Team

    NYAB announced on 12 November 2024 that Klas Rewelj has been appointed as Group CFO to succeed Aku Väliaho, who will leave the company to assume a position outside the Group. The change in the Executive Management Team has now come into effect. NYAB’s Executive Management Team consists of the following members: · Johan Larsson, Chief Executive Officer · Klas Rewelj, Chief Financial Officer · Mikael Ritola, Chief Operating Officer · Magnus Granljung, Senior Vice President, Sweden · Erik Petersen, Vice President of Corporate Affairs · Mårten Beijar, HR Director

    Markku Kankaala resigns from NYAB’s Board of Directors

    Markku Kankaala, Vice Chairman of the Board at NYAB, has informed the company that he resigns from the Board of Directors with immediate effect. Kankaala has been a member of the Board of Directors since July 2021 and was also the Chairman of the Board until September 2023. Following Kankaala's resignation, NYAB’s Board of Directors will consist of eight members. “On behalf of NYAB’s Board of Directors, I want to thank Markku Kankaala for his contribution to NYAB’s journey as a listed company. He has recently taken an active role in certain other corporate arrangements and wants to

    NYAB AB: Uppsala Municipality withdraws the award for the Uppsala Tramway project

    NYAB announced on 29 October 2024 that it, together with its partner Azvi, was selected as the general contractor for the construction of Uppsala Tramway. Uppsala Municipality has today informed the participants in the procurement process that the award decision made on 29 October 2024 is withdrawn. Uppsala Municipality has determined that further assessments are necessary before awarding the contract. A new award decision will be announced as soon as possible. ContactJohan Larsson, CEO, NYAB AB, johan.larsson@nyabgroup.com, +46 (0)70 182 50 70 NYAB’s Certified Adviser is Augment

    NYAB strengthens its position and expands into Norway and other regions globally by acquiring businesses from Dovre Group Plc

    NYAB AB (“NYAB” or the “Company”) has entered into a conditional share purchase agreement to acquire Dovre Group Plc’s businesses within Norwegian Consulting and Global Project Personnel (the “Acquisition”). The Acquisition strengthens NYAB’s position as a leading player providing engineering, construction and maintenance services in infrastructure and energy and provides a platform for further expansion into new geographies both within and outside the Nordics, in line with the Company’s growth strategy. Based on current estimates, the total purchase price would be approximately EUR 34

    NYAB AB: Signing of the Uppsala Tramway project delayed

    NYAB announced on 29 October 2024 that it, together with its partner Azvi, was selected as the general contractor for the construction of Uppsala Tramway. Uppsala Municipality also awarded an order for Phase 1 of the project that was intended to be started without delay after contract signing. NYAB has been informed that another participant in the tender process has submitted the procurement to be reviewed by the administrative court in accordance with provisions of the Swedish Public Procurement Act. NYAB considers that the decision by Uppsala Municipality has been correct and does not

    NYAB appoints Klas Rewelj as Group CFO and member of the Executive Management Team

    NYAB has appointed Klas Rewelj as Group CFO and a new member of the Executive Management Team. He will be responsible for overseeing the financial strategy and operations of NYAB, as well as driving value creation and growth initiatives, including M&A-activities. Klas will start in his position on December 2, 2024, and he will work closely with NYAB’s outgoing CFO until the end of January 2025.Klas Rewelj brings extensive experience in financial leadership and a proven track record of driving financial performance and growth. He has, among other things, an in-depth understanding of

    NYAB AB’s Interim Report January-September 2024: Doubled order backlog and strong profit improvement

    · Solid revenue growth and strong project execution · Improved operating margins and net profit · Favorable market conditions resulting in a record-high order backlog July-September in brief · Revenue amounted to EUR 93.6 (88.1) million, representing a change of 6.2%. In constant currencies, revenue growth was 4.2%. · Operating profit (EBIT) improved 35.4% and was EUR 8.9 (6.6) million, amounting to 9.5% (7.5%) of revenue. · Free cash flow was EUR -8.3 (-3.8) million. · Net debt/EBITDA was 0.06 (0.30). · Order backlog improved 108.4% and amounted to EUR 381.9 (183.

    Invitation to the presentation of NYAB’s Q3 Interim Report

    NYAB will publish its Interim Report for January-September 2024 on Wednesday, 6 November 2024. On the same day at 13:00 CET, the Company will arrange a live audiocast, where CEO Johan Larsson and CFO Aku Väliaho will present NYAB’s financial information and significant events for the third quarter. The audiocast will be held in English and questions may be submitted via the event chat room. Registration for the audiocast can be done at https://nyabgroup.events.inderes.com/nyab-q3-report-2024/register, where a recording of the audiocast will be available also after the event.

    NYAB and Azvi selected as the general contractor for the significant Uppsala Tramway project

    Uppsala Municipality has selected NYAB, together with its partner Azvi, as the general contractor for the construction of Uppsala Tramway. It has also awarded an order for Phase 1 of the project that includes design work, procurement of subcontractors, establishment of a production schedule, as well as calculation of project costs. NYAB and Azvi, a company specializing in track, electrical, signalling and telecom works in railway projects, will operate through an integrated joint venture, where both parties have a 50% participation and shall be jointly and severally liable for the client.

    NYAB AB: Nomination Committee for the Annual General Meeting 2025

    Pursuant to the Instructions regarding the Nomination Committee, as adopted by NYAB AB’s General Meeting on 29 April 2024, three largest shareholders of the Company have appointed the following members to the Nomination Committee:  · Bo Egerheim (Chair of the Committee), appointed by Holding Investment Förvaltning i Luleå AB   · Andreas Johansson, appointed by Säthergrens Entreprenad AB  · Mikko Rintamäki, appointed by Andament Oy  NYAB’s Annual General Meeting 2025 is scheduled to take place in Luleå, Sweden, on Tuesday, 15 April 2025.  The Nomination Committee shall

    NYAB receives energy order of SEK 158 million

    NYAB Sverige has signed a contract with Vindlänken Elnät AB for the construction of 36kV overhead power lines to connect the Lycksele cluster of wind farms to Vattenfall’s 170kV regional grid. This project, valued at SEK 158 million, involves linking four wind farm areas with a total installed capacity of 224 MW, including Fjällberg North, Fjällberg South (Sandsjön East), Vinliden North, and Vinliden South. This contract enhances the region’s renewable energy infrastructure.The scope of the contract includes the construction, material supply, and all necessary works for the operation of the

    NYAB signs multi-year framework agreements for energy projects

    NYAB Sverige has secured framework agreements for local network projects in Northern Norrland and the Malmfälten region. These agreements, spanning three years with an option for extension for an additional four years, guarantee a project volume of SEK 195 million over the initial contract period.The client is Vattenfall Eldistribution, and the framework agreements continue until the end of 2027. The guaranteed project volume amounts to SEK 40 million per year for the Northern Norrland area and SEK 25 million per year for the Malmfälten area. Projects will be executed as either turnkey

    NYAB appoints Mårten Beijar as HR Director and member of the Executive Management Team

    NYAB has appointed Mårten Beijar as HR Director of the Group and new member of the Executive Management Team. He will be responsible for strategic management and development of NYAB’s HR activities and will participate in the development of NYAB’s sustainability-related processes. He will start in his position on 7 October 2024. Beijar has extensive international experience in HR leadership. Before joining NYAB, he worked at Fibox Group since 2021, most recently as Executive Vice President, Head of People, Culture and ESG. Previously, he has been HR Director at, among others, Rexel Group

    Chief Financial Officer Aku Väliaho leaves NYAB

    Aku Väliaho, CFO, has decided to leave NYAB to assume a position outside the Group. Väliaho has been a member of NYAB’s Executive Management Team since January 2022, and he will continue in his role until the end of January 2025. NYAB has started a process to recruit a new CFO for the Company. “I am grateful towards Aku for his significant contribution to NYAB. He has had a vital role in building today’s NYAB by managing our milestone processes such as the reverse acquisition and merger of NYAB and Skarta, transferring our financial reporting to IFRS, successful re-domiciliation to

    NYAB extends collaboration with Luleå Municipality by two more years

    Luleå Municipality has exercised the option within the framework agreement signed in 2021 to extend the collaboration with NYAB Infrastruktur by an additional two years. The extension covers the period from January 1, 2025, to December 31, 2026.The framework agreement includes planning and furthermore execution of infrastructure works within Luleå Municipality. Projects under the framework agreement are carried out in collaboration according to NYAB’s collaboration model, Kraftsamla. The estimated value of the extension exceeds SEK 230 million, which has been recorded in the order backlog

    NYAB AB’s Interim Report January-June 2024: Improvement and development

    April-June in brief · Revenue amounted to EUR 76.1 (65.3) million, representing a change of 16.5%. In constant currencies, revenue growth was 16.8%. · Operating profit (EBIT) was EUR 3.8 (4.0) million, amounting to 5.0% (6.2%) of revenue. In the comparison period, EBIT was benefited by EUR 3.3 million related to the settlement of Mikkeli dispute in Finland. · Free cash flow was EUR -1.0 (8.4) million. In the comparison period, free cash flow was benefited by EUR 9.2 million related to the settlement of Mikkeli dispute. · Net debt/EBITDA was -0.31 (0.19). · Order backlog

    NYAB signs a contract of SEK 931 million in power line construction

    NYAB announced on 24 July 2024 that it was selected as the contractor for the construction of two 130 kV power lines between Hedenlunda and Oxelösund. The award has now become legally binding and the contract for the project has been signed. The project, commissioned by Vattenfall Eldistribution, has a total value exceeding SEK 931 million (approximately EUR 80 million) and is estimated to start in the third quarter of 2024 and be completed during 2026. The power lines will be located in the Södermanland County, southeast of Stockholm. They will supply electricity to SSAB’s steel mill

    Invitation to the presentation of NYAB’s Q2 Interim Report

    NYAB will publish its Interim Report for January-June 2024 on Wednesday, 14 August 2024. On the same day at 13:00 CEST, the Company will arrange a live audiocast, where CEO Johan Larsson and CFO Aku Väliaho will present NYAB’s financial information and significant events for the second quarter. The audiocast will be held in English and questions may be submitted via the event chat room. Registration for the audiocast can be done at https://ir.financialhearings.com/nyab-q2-report-2024, where a recording of the presentation will be available also after the event.

    NYAB receives an order of SEK 931 million in power line construction

    NYAB has been selected as contractor for the construction of two 130 kV power lines between the substation in Hedenlunda and the substation at SSAB’s steel mill in Oxelösund. Total value of the project from Vattenfall Eldistribution is approximately SEK 931 million (approximately EUR 80 million). In accordance with the Swedish Act on Public Procurement in the Utilities Sectors, the order is subject to a 10-day appeal period, after which a contract can be signed. The project is estimated to be started in the third quarter of 2024 and completed during the year 2026. ContactMikael

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