Solwers

What Solwers does

Solwers Oyj is a Helsinki-listed (Nasdaq First North, ticker SOLWERS) growth platform for architecture, engineering, and consulting companies, headquartered in Espoo, Finland. The group operates a federation of nearly 30 specialist subsidiaries across Finland, Sweden, and (from late 2025) Poland, covering architecture (DT+S, Lukkaroinen Architects, Dreem, Polyplan), structural and infrastructure design (Pontek, Finnmap Infra, Rockplan, GeoUnion, Kalliotekniikka), HVAC and acoustics (Zenner, Plan-Air), electrical and energy engineering (ELE Engineering, WiseGate, DEMAB, Enerwex), geotechnical and environmental services (Inmeco, Licab, North 68 Consulting), and financial consulting (Epta Advisors, KAM Redovisning). Solwers positions itself as a multi-disciplinary platform that offers clients a single contracting vehicle for complex, multi-discipline projects (heritage renovation, infrastructure, industrial, energy, healthcare) while preserving the entrepreneurial identity of its subsidiaries.

The group generates revenue through project-based professional services contracts quoted and delivered by its subsidiaries to enterprise and public-sector customers in the Nordics; pricing is not publicly disclosed and follows a B2B sales-led motion. The business model is acquisitive: Solwers was founded in 2017 around Finnmap Infra, IPO'd on Nasdaq Helsinki First North in June 2021 (raising approximately EUR 9M at a ~EUR 63.7M market cap), and has since added more than a dozen subsidiaries including Lukkaroinen Architects (2021), ELE Engineering (2021), WiseGate (2024), and Szwak i Spółka / Epta Advisors in Poland (2025). Technology is conventional consulting software supplemented by Zenner's newly launched AI- and simulation-enabled testing laboratory. As of the most recent disclosures, the group has 600+ experts, distributable funds of EUR 38.5M at end-2025, recorded a net loss of approximately EUR 914K for FY2025, and in June 2026 issued a profit warning for H1 2026 citing Swedish industrial-sector weakness and a potential breach of its net debt/EBITDA covenant.

Name

Solwers

Legal name

Solwers Oyj

Website

https://solwers.com/fi

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Solwers Oyj is a Finland-listed (Nasdaq First North) holding company and growth platform for nearly 30 architecture, engineering, and consulting subsidiaries operating primarily in Finland, Sweden, and Poland, serving enterprise and public-sector clients with multi-disciplinary built-environment services.

Ownership category

akta.pro rank

Product category

Architectural and Engineering Consulting Services

NAICS

Administrative Management and General Management Consulting Services (541611), Management Consulting Services (54161), Management of Companies and Enterprises (5511)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Strategy & Corporate Development Consulting (BPAHACAA)

akta.pro secondary industry

Circular Economy & Resource Efficiency (BPADALAM)

Keywords

• Architectural design services
• Engineering consulting
• HVAC design
• Infrastructure planning
• Building renovation

Headquarters

HQ city

Espoo

HQ country

Finland

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Professional consulting and design services: Revenue generated through subsidiary companies providing architecture, engineering, HVAC, acoustics, infrastructure planning, geotechnical consulting, and related professional services. Services are project-based, typically quoted and contracted for specific client projects.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Solwers operates as a publicly listed growth platform for architecture and engineering consulting companies, providing multidisciplinary design and consulting services through nearly 30 subsidiary brands across Finland, Sweden, and Poland. Services span architecture, structural design, HVAC and acoustics, geotechnical engineering, infrastructure planning, energy and industrial engineering, and financial consulting, delivered via project-based B2B contracts. The group maintains an entrepreneurial culture at the subsidiary level while leveraging cross-portfolio synergies for comprehensive, multidisciplinary project delivery.

Product overview

Solwers is a growth platform for architecture and consultancy companies, operating as a consolidated group of 24+ subsidiary brands across Finland and Sweden. The company provides comprehensive design and consulting services through its subsidiaries, which specialize in areas including architecture, HVAC design, acoustic design, infrastructure planning, structural design, geotechnical engineering, financial consulting, and project management. The portfolio includes architectural firms (DT+S, Lukkaroinen Architects, Dreem), engineering consultancies (Zenner, ELE Engineering, Pontek, Finnmap Infra), financial advisors (Epta Advisors, KAM Redovisning), and specialized technical consultancies (Licab, WiseGate, Plan-Air). Solvers leverages synergies from the wider service portfolio while maintaining the entrepreneurial culture and flexibility of individual subsidiary companies.

Differentiator

Problem solved

Functional benefit

Brands

• ELE Engineering: Electrical and energy engineering, industry, real estate, technical information and QEHS services in Sweden
• Zenner
• Finnmap Infra
• DT+S (Davidsson Tarkela Siren Architects)
• Lukkaroinen Architects
• Pontek
• KAM Redovisning
• Licab
• WiseGate Consulting
• DEMAB
• Dreem Architects
• Polyplan
• Contria
• GeoUnion
• Epta Advisors
• Accado
• Inmeco
• Plan-Air
• Kalliotekniikka

Products and services

• Accado
• Contria
• DT+S (Davidsson Tarkela Siren Architects)
• Finnmap Infra
• ELE Engineering
• GeoUnion
• WiseGate Consulting
• Lukkaroinen Architects
• Zenner Testing Laboratory
• Pontek
• Plan-Air
• Licab
• Epta Advisors
• KAM Redovisning
• Enerwex
• Dreem Arkitekter
• Relitor
• DEMAB
• Polyplan
• Inmeco
• Kalliotekniikka
• Taitotekniikka
• TCG Nordic
• Establish Schening
• Falck CM
• North 68 Consulting
• Kalliosuunnittelu Oy Rockplan Ltd
• Arkman Arkkitehtuuri

Quantifiable outcome

• 210 tonnes less carbon dioxide from recycled bricks in Backaplan project
• +2 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Kari & Pantsar Co.coreStrategic or Co-development Partner · 23 January 2024Solwers holds one-third (1/3) of the shares in Kari & Pantsar Co., an environmental consulting startup founded by Emma Kari (former Finnish Minister of Environment and Climate) and Mari Pantsar (former Director of Sustainability Solutions at Sitra). The partnership expands Solwers' services towards nature-positive built environment, including biodiversity, climate, and circular economy consulting.
• Merge ConsultantsminorStrategic or Co-development PartnerEuropean partner network collaboration. Merge Consultants is a European network of consulting companies, with Solwers as a member enabling cross-border collaboration and knowledge sharing in the European consulting market.

Scale indicators17 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Sweco AB: Swedish-headquartered engineering, design, and architecture consultancy listed on Nasdaq Stockholm, with deep Nordic operations across architecture, structural, HVAC, infrastructure, and environment — directly overlapping Solwers' full service portfolio in the same geography.
• Sitowise Oyj: Finnish engineering and digital consulting firm listed on Nasdaq Helsinki, with overlapping services in infrastructure design, building design, and geotechnical engineering — the closest direct competitor to Solwers' Finnish operations.
• Etteplan Oyj: Finnish engineering services firm listed on Nasdaq Helsinki providing industrial equipment engineering, building services, and embedded engineering — comparable mid-cap Nordic peer with similar acquisition-led growth history.
• Rejlers AB: Swedish engineering consultancy listed on Nasdaq Stockholm serving energy, industry, infrastructure, and real estate — similar service mix and Nordic mid-cap positioning to Solwers.
• Norconsult ASA: Norway's largest engineering consultancy listed on Oslo Børs, with similar architecture, infrastructure, energy, and environment service mix — directly comparable Nordic mid-cap peer in business model and scale.
• A-Insinöörit Oy: Finnish engineering and consulting firm specializing in building services design (HVAC, structural, electrical) and infrastructure — a direct sub-scale peer competing with Solwers' Finnish subsidiaries like Pontek, Plan-Air, and Zenner.

Broad incumbents

• AFRY AB: Major Swedish-Finnish engineering and design consultancy (formed from ÅF and Pöyry merger), listed on Nasdaq Stockholm — much larger incumbent that competes with Solwers on large industrial and infrastructure mandates across the Nordics.
• Ramboll Group A/S: Major Danish-headquartered engineering, architecture, and consulting firm with extensive Nordic presence across buildings, transport, water, and environment — competes for the same sustainability-driven public and private mandates.
• WSP Global Inc. Global engineering and design consultancy listed on Toronto Stock Exchange with significant Nordic operations — competes for large multidisciplinary mandates including transport infrastructure, environment, and property design.

Regional players

• Multiconsult ASA: Norwegian engineering consultancy listed on Oslo Børs focused on buildings, transport, water, and energy — operates in a different home geography but offers highly comparable service lines to Solwers' infrastructure and environment subsidiaries.

Market position

Strengths6 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/solwers

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries19 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solwers