Peab’s four business areas

Peab’s operative business is comprised of four cooperating and specialized business areas structured according to the conditions of each market and divided up along geographic lines and product segments. For this year’s development and result in the Board of Directors’ report click here.  

Business area Construction

Focus on quality in a strong construction market

Performs contract work for both external and internal customers. Construction projects, often with local roots close to customers, include everything from new production of housing, public and commercial premises to renovations and extensions as well as construction maintenance. Consists of eleven regions in Sweden and two each in Norway and Finland. Regions specialized in housing production in Stockholm, Gothenburg and the Öresund region.

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Enormous need for housing construction, to a certain extent concentrated to big city areas but growing in smaller towns as well. Rapid march toward digitalization that permeates the process from the drawing board through production.

One of the largest players in construction in Sweden in terms of net sales and number of employees. Peab has considerable operations in Norway and Finland.

Business area Civil Engineering

Investing in skills and resources for a changing market

Builds and maintains infrastructure such as roads, railroads and bridges. Focused on the local market it works with landscaping and pipelines, foundation work and builds different kinds of facilities. In addition operates and maintains national and municipal highways and street networks as well as cares for parks and outdoor property. Organized in geographic regions and specialized product areas.

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The Nordic civil engineering market is characterized by investments in infrastructure projects; in Sweden and Norway primarily in the form of an increasing number of complex projects. Intense competition on every market from several non-Nordic companies which creates a squeeze on prices.

Leading civil engineering player in Sweden with operations in both Norway and Finland.

Business area Industry

Well positioned for hot construction and civil engineering markets

Comprehensive supplier of all products and services needed for a construction and civil engineering project. Offers industrial construction, strategically placed quarries, asphalt and concrete as well as rental of construction equipment and cranes. Organized in seven product segments complemented by a number of strong, local brands.

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Market development usually follows developments in the economy. Positive tendencies in general and the Swedish and Norwegian operations continuously gained strength during 2016 due to increased demand for concrete, gravel and rock as well as asphalt and rentals.

One of the leading players in all segments in Sweden. Active in selected segments in Norway and Finland.

Business area Project Development

Develops sustainable cities, homes and properties

Responsible for acquisition, development and sales of housing, commercial property and city districts. Project development takes place in wholly owned projects or in joint ventures with other partners. Housing Development is responsible for housing concepts for private customers. Property development acquires, develops and divests commercial properties.

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With the continuing big demand for housing construction market conditions are considered good. Growth is also expected in other construction due to population increases and low interest rates.

One of the largest housing developers in Sweden with major operations in both Norway and Finland. Peab is a smaller player in commercial property development in Sweden, Norway and Finland.