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  • SWECO
    Gjörwellsgatan 22 100 26 STOCKHOLM
    +46 (0)8 695 60 00
    https://www.swecogroup.com/
  • Anna E Olsson

    Head of Press & Public Affairs


    +46 (0)70 557 3326
  • Marcela Sylvander

    Chief Communications Officer


    +46 (0)79 341 1408
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    Sweco awarded framework agreements by Swedish International Development Cooperation Agency (Sida)

    Sweco has signed three framework agreements with the Swedish government agency Sida. The agreements cover consulting services for sustainable transport, responsible mining, renewable energy and energy efficiency, with a focus on sustainable development and international collaboration in low- and middle-income countries. The total maximum order value for Sweco is 140 million SEK and the agreements extend for two years.Sida  is the government agency that manages Sweden’s international aid and development programmes, working to reduce poverty and promote sustainable

    Talboom becomes part of Sweco

    Sweco has signed an agreement to acquire Talboom Group, a Belgian consulting company with 110 employees that is active predominately in the pharmaceutical and infrastructure markets."Sweco and Talboom are a perfect match. Geographically and in terms of business profile, our organisations complement each other. Sweco Belgium has a strong presence in the industrial sector and joining forces with Talboom puts us in a leading position in the attractive pharmaceutical R&D sector. It also gives us a stronger foothold in the infrastructure market. We are looking forward to welcoming our new

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    Energy-storage-as-a-service key to cutting carbon emissions

    Energy storage can help mitigate climate change, but it is still on low levels and needs to triple by 2050 to keep global warming below 2°C.  To do this we need to look at innovative ways of speeding up the process. Could energy-storage-as-a-service be one of the solutions?Reforming our energy system is one of the most important measures to mitigate climate change. Energy storage is an important aspect of this. Globally, only 3% of power capacity is being stored. To limit global warming to below 2°C, energy storage capacity would need to increase from 140 GW in 2014 to 450 GW in 2050. In

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    Sweco to set out mobility vision for Flemish transport regions

    In a consortium, Sweco will provide process guidance and set out the mobility vision for several transport regions in Belgium. The project has been commissioned by the Flemish Department of Mobility and Public Works and is worth approximately 3.4 million euros.The consortium, consisting of Sweco, The New Drive and Goudappel Coffeng, will set out regional mobility plans for the ‘Vlaamse Rand’ (Flemish periphery), Ghent, Limburg, Mechelen and Kortrijk. Sweco is part of the core team that will provide process guidance and set out the long-term vision. The consortium is currently drawing up the

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    Sweco acquires the rail infrastructure engineering and consulting services business from NRC Group

    Sweco has signed an agreement to acquire the rail infrastructure engineering and consulting services business from NRC Group. With this acquisition, Sweco becomes the leading, full service railway design expert in Finland, while at the same time reinforcing the position in Sweden.“We continue to deliver on our growth strategy with the ambition to become market leader in all of our key markets. With the acquisition we strengthen our offering in a segment with large investment needs and a strong market. There is an excellent match of competences and I am happy and proud to welcome all of our

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    Full electrification within our reach – and affordable

    A new report from Sweco analyses how European consumers will be affected by electrification. The report concludes that it is one of our best tools to mitigate climate change and with limited costs to the consumer.Electrification of transport and industry is a central element in achieving a pathway compatible with the 1.5°C-target stated in the Paris Agreement. Some of the costs will have to be paid by the end-user, the consumer. However, the costs in the long-run will only rise marginally. Electrification of shipping will increase the price of a 55-euro pair of jeans by 30 cents. The ticket

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    Acting Chief Financial Officer appointed

    Christel Retzlaff, currently Head of Corporate Control, is appointed acting Chief Financial Officer from 20 June to 16 October.“Christel Retzlaff has solid financial qualifications and an excellent track record with Sweco. I am very pleased that she will work by my side during this transition period,” said Åsa Bergman, President and CEO of Sweco. Olof Stålnacke takes on the role as Chief Financial Officer as of 17 October.

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    Sweco acquires imp GmbH in Germany

    Sweco takes the next step of the growth journey in Germany through the acquisition of imp GmbH - a consulting company with 380 employees active predominantly in the power transmission and distribution networks markets.The power generation market in Germany is transforming rapidly as renewable power generation is replacing nuclear and fossil power. This transition places completely new requirements on transmission and distribution networks, with major investments planned. The acquisition will significantly strengthen Sweco’s ability to support this transition. In addition, the expertise

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    Change in number of shares and votes in Sweco AB (publ)

    At requests of shareholders, 1000 class A shares have been converted to class B shares during May 2019 with the support of the conversion clause in the Articles of Association. After the conversion, as per 31 May 2019, the total number of shares in Sweco amounts to 121,083,819, of which 10,420,274 are of class A, 110,663,545 are of class B representing 21,486,628.5, votes in the company. The share capital amounts to 121,083,819 SEK. On the date and time of publication of this information, Sweco holds 3,285,360 class B shares in treasury. However, Sweco has no voting rights for the

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    Sweco to convey a location study for high-speed railway in Skåne

    A new double-track high-speed train line, roughly 70 km long, is to be constructed between Hässleholm and Lund in Sweden. Sweco has been commissioned by the Swedish Transport Administration to investigate various alternatives for the location of the new railway. The estimated value of the order is SEK 200 million.The new railway between Hässleholm and Lund in Sweden will be designed to manage speeds of up to 320 km/h for high-speed trains and 250 km/h for fast regional trains. The location study that Sweco has been tasked with is part of the development of the railway plan, which aims to

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    Sweco appoints new CFO and CCO

    Sweco AB (Sweco) (Nasdaq Stockholm; ticker symbol SWECA and SWECB) announces the appointment of Olof Stålnacke as Chief Financial Officer and Katarina Grönwall as Chief Communications Officer. Both will become members of Sweco’s Executive Team.Olof Stålnacke brings close to 30 years of finance experience to Sweco, from several different industries including the services sector and listed companies. Mr. Stålnacke also has a long experience from working in an international environment. He is currently CFO & IR Director for Coor, which he joined in 2009. Olof Stålnacke will assume his new role

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    Re-use of energy – a key to reducing carbon emissions

    Energy production is a major source of global greenhouse gas emissions. We can reduce these emissions by using energy in smarter ways and reusing excess energy. In a new report, Sweco analyses various solutions for more efficient energy usage. The report concludes that substantial reductions in both costs and emissions can be achieved through smarter energy use.Fuel consumption for electricity together with heat production and fugitive fuel losses account for more than half of EU-wide greenhouse gas emissions. Many countries are investing in renewable energy sources in order to reduce

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    Adjusted Business Area structure and IFRS 16 – restated financials

    Sweco is today releasing historical restated financial information considering the adjusted Business Area structure. Moreover, the financial statements for all periods of 2018 are restated pursuant to IFRS 16, the new standard for accounting of leases. Both the adjusted Business Area structure and IFRS 16 are applicable as of January 1, 2019. The purpose of this release is to facilitate comparability with historical periods.Sweco has provided information on the implementation of IFRS 16 Leases, including the estimated impact on financial statements for the full year 2018, in the Year-end

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    Resolutions at Sweco AB’s Annual General Meeting and resolution on repurchase and transfer of treasury shares

    The Annual General Meeting in Sweco AB on 11 April 2019 passed resolutions on the following: Board of Directors and dividend The Annual General Meeting resolved, as proposed by the Nomination Committee, that the Board of Directors shall be comprised of eight Directors elected by the general meeting and that no Deputy Directors shall be appointed. The Annual General Meeting re-elected Gunnel Duveblad, Elaine Grunewald, Johan Hjertonsson, Eva Lindqvist, Johan Nordström, Christine Wolff, Åsa Bergman and Alf Göransson. Johan Nordström was re-elected as the Chairman of the Board of

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    Sweco to rehabilitate large hydropower plant in Southern Africa

    One of Southern Africa’s largest hydropower plant in Mozambique is in need of rehabilitation and Sweco has been commissioned as advisor and to monitor the installation of new equipment. The customer is Hidroeléctrica de Cahora Bassa, S.A. and the order value is approximately 5,2 MUSD.The Cahora Bassa hydropower plant and dam are located on the Zambezi river in Mozambique and were built in the 1970s. As one of the largest Hydro Power plants in Southern Africa, it has an installed capacity of 2 075 MW and can generate up to 18 000 GWh/year. The power station also exports a significant amount

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    Change in number of shares and votes in Sweco AB (publ)

    At requests of shareholders, 500 class A shares have been converted to class B shares during March 2019 with the support of the conversion clause in the Articles of Association. After the conversion, as per 29 March 2019, the total number of shares in Sweco amounts to 121,083,819, of which 10,421,274 are of class A, 110,662,545 are of class B representing 21,487,528.5, votes in the company. The share capital amounts to 121,083,819 SEK. On the date and time of publication of this information, Sweco holds 3,949,755 class B shares in treasury. However, Sweco has no voting rights for the

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    How do we become 100 percent renewable?

    Energy production is a major source of global carbon dioxide emissions. Switching to renewable energy sources would result in significant reductions in emissions. A new report concludes that even though the necessary technology and infrastructure is available to increase the use of renewable energy, ineffective approaches and disapproving attitudes are still holding us back.The UN Intergovernmental Panel on Climate Change (IPCC) has confirmed that the most severe effects of global warming can be avoided if action is taken now. Air pollution is one of the largest challenges for cities across

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    Sweco to supervise the renovation of the Belliard and Loi tunnels in Brussels

    The consortium of Sweco and BG Ingénieurs Conseils has been appointed by Brussels Mobility for the design and supervision of the large-scale renovation of the Belliard and Loi tunnels. The order value is SEK 56 million (EUR 5.3 million).The tunnels, located in the heart of the Belgian capital, are being modernized with special attention to safety, design and sustainability. The consortium led by Sweco will assist the customer with detailed design, preparation of technical specifications, procurement support and supervision of the renovation. "This is a complex tunnel project, close to

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    Notice of Annual General Meeting in SWECO AB (publ)

    Sweco AB will on March 12, 2019, publish the content of the notice of the Annual General Meeting in the Official Gazette (Post- och Inrikes Tidningar) and on the company’s website. A note that the notice has been issued will at the same time be published in Svenska Dagbladet. The Annual General Meeting will be held on April 11, 2019, at 3 pm CET at Fotografiska, Stadsgårdshamnen 22, in Stockholm. Notification Holders of shares registered in their own name in the share register maintained by Euroclear Sweden AB by Friday, April 5, 2019, and who have notified the company of their

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    Åsa Bergman the most powerful woman in Swedish industry

    Each year, Veckans Affärer, a Swedish business magazine, names the 125 most powerful women in Swedish industry. Right at the top of the list is Åsa Bergman, President and CEO of Sweco.“I feel proud to have been honoured in this way, and I see the award as recognition for Sweco and what our company stands for,” says Bergman. “We are a modern, equal opportunities employer and we’re helping to plan the sustainable cities and communities of the future throughout Europe.” The jury’s motivation for presenting the award to Åsa Bergman is that she is managing more than 15,000 employees in the

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    Sweco expands the road network in Poland and improves safety

    Sweco has been commissioned to design a total of 40 km of new road sections in Poland. The total order value is SEK 64 million.Sweco, in consortia with local business partners, has been commissioned for planning and design of an 18 km section of the S7 expressway, between the Widoma junction and Krakow. One of the engineering challenges includes changing the course of the Dłubnia river and the Baranówka stream that flow through the planned route. There are also buildings of significant historical value in connection with the route that need to be taken into consideration. In Lower

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    Sweco to plan a new sustainable district for Rwanda’s capital Kigali

    Rwanda’s government plans to develop a new district for low and middle-income residents in Kigali. The project is part of the state strategy for the development of sustainable and energy-efficient living spaces.“Sweco will work closely together with residents and public authorities to support the implementation of Rwanda’s sustainability strategy. The aim is to provide liveable, well-serviced and connected urban and rural settlements. By offering affordable and social housing, residents with low and middle incomes will benefit in particular from the project,” advises Ina Brandes, President

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    Sweco AB (publ) Year-end report 2018

    Ending the best year so farOctober – December 2018  · Net sales increased to SEK 5,112 million (4,582) · EBITA increased to SEK 494 million (448), margin 9.7 per cent (9.8) · EBIT increased to SEK 476 million (431), margin 9.3 per cent (9.4) · Profit after tax decreased to SEK 459 million (480), corresponding to SEK 3.90 per share (4.02) January – December 2018 · Net sales increased to SEK 18,735 million (16,887) · EBITA increased to SEK 1,631 million (1,492), margin 8.7 per cent (8.8) · EBIT increased to SEK 1,554 million (1,425), margin 8.3 per cent (8.4) ·

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