13.03.2012

Strabag wants to expand in Finland

Austrian construction giant Strabag is bringing long-awaited competition to the Finnish construction sector.

"House construction in the Finnish market will be interesting at some point. We want to expand in Finland," says Strabag's country manager Bjarne Liljestrand. "At first we want to grow organically in Finland and study the market. At the moment there are no plans for acquisitions."

Strabag operates in more than 60 countries and is the largest construction company in eastern central Europe. The company has 74,000 employees. In Sweden, Strabag is building commercial premises and centres that include residential apartments, as well as public buildings like schools.

Tarmo Pipatti, Director General of the Confederation of Finnish Construction Industries, welcomes the new competition in Finland.

Source: Kauppalehti, Strabag