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  • Lovisa Krebs

    Communication Manager


    +46 8 705 03 17
    +46 70 948 06 60
    http://www.setragroup.com/
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    Continued stable market situation

    Wood products company Setra reports an operating profit of SEK 86 million (78) for the period January-September 2016. The profit includes non-recurring items in an amount of SEK 13 million (-21). Net sales reached SEK 3,043 million (3,232).“The market for wood products has developed in a positive direction during the year but we are not expecting any significant strengthening in the coming months. We have seen a better balance in the market, particularly for whitewood products where increased exports to China are a significant factor. Weak development in the key redwood products export

    Setra sells Plusshus subsidiary

    Setra has recently reached an agreement with Derome on the sale of its subsidiary, Setra Plusshus.“Setra’s Plusshus subsidiary with its concept for industrial-scale construction of wooden buildings has developed well in a growing market for building in wood. To ensure the next stage and continued positive development, Setra has concluded that this should take place together with an owner which has wooden building construction as its core business,” says Hannele Arvonen, President and CEO of Setra. “Setra’s role is to be a strategic partner to a wooden building company. We are very

    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

    New Plusshus orders worth SEK 70 million

    In the second quarter, Setra received new orders for Plusshus worth a total of SEK 70 million. The orders relate to industrial-scale construction of apartments and terraced housing for customers in Greater Stockholm and Umeå.“This is proof of continued rising interest in industrial-scale and climate-smart wood construction,” says Krister Norberg, head of the Plusshus operations within Setra’s Building Systems & Products business area. “Our customers, builders and developers, are experiencing increased demand in the market. The period between sales start, building start and the desired

    New names at Setra Building Products & Systems

    Kaj Tönsberg will be the new Market and Sales Manager for Setra’s Building Products & Systems business area. Krister Norberg has been appointed as Operations Manager of the subsidiary Plusshus which is part of the business area.In order to further strengthen the offering of processed wood products for construction and homes, at the beginning of the year Setra created a new business area, Building Products & Systems. The business area brings together Setra’s expertise throughout the entire value chain from building products to prefabricated homes. The customer offering includes everything

    Plusshus wins new orders worth SEK 55 million

    Setra’s subsidiary Plusshus has signed two new orders for a total of SEK 55 million. The contacts relate to a new terraced housing development in Stockholm and a second phase of Trälyftet apartments in Knivsta.“This will be a good start for our business in 2014 and confirms that interest in industrial-scale and climate-smart wood construction continues to grow,” says Nils Clausén, CEO of Setra’s subsidiary Plusshus. The two new orders, worth a total of SEK 55 million, relate to 19 terraced houses in a new housing area in Stockholm as well as phase two of low-energy apartments in the

    Plusshus wins orders worth SEK 30 million

    Setra's subsidiary Plusshus has signed new orders worth over SEK 30 million in June. These orders include production of wooden terraced housing and apartments for customers in Greater Oslo and Greater Stockholm."Despite a generally tough situation in the construction market, we are experiencing a positive trend for industrial-scale wooden buildings," says Nils Clausén, CEO of Setra's subsidiary Plusshus. "We note a clear interest in the advantages offered by our cost-effective and climate-smart wooden building system," says Clausén. "Especially in expanding conurbations such as Stockholm

    New orders for Plusshus

    Setra’s subsidiary Plusshus has signed new orders worth SEK 45 million during the first months of this year. Major projects include senior housing units in Northern Norway and a terraced housing area in Greater Stockholm.“It is really gratifying to see a light at the end of the tunnel in this tough construction market,” says Nils Clausén, CEO of Setra’s subsidiary Plusshus. “This means that from mid-March we will need to increase the workforce at our modular building factories in Skellefteå and Kristinehamn with a total of 20-25 people,” says Clausén. “We are experiencing increased

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