Kreate
Kreate is a publicly listed Finnish infrastructure construction company (Nasdaq Helsinki: KREAT) that builds bridges, railways, roads, tunnels, rock engineering, and data centers primarily for Finnish public sector agencies, municipalities, and international technology clients across Finland and Sweden.
- Company typePublic
- Founded2015
- HeadquartersTuusula, Finland
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Kreate does
Kreate is a Finnish infrastructure construction company that delivers complex bridge, railway, road, tunnel, rock engineering, foundation, and data center projects primarily for public sector clients and international technology companies. Headquartered in Tuusula, Finland, the company operates through eleven core service lines - including bridge construction and repair, foundation and concrete construction, transport infrastructure, railway construction, rock engineering, special foundation construction (via the KFS Finland joint venture with Keller Group), circular economy, environmental construction, expert services with BIM and virtual construction, and data center construction - supported by over 700 in-house professionals and specialized equipment such as a globally unique folding-boom rail crane and bridge-moving machinery. Kreate generates project-based revenue through competitive public sector tendering and alliance partnerships (notably with Skanska, GRK, SRV, Finavia, and major design firms), serving clients such as Väylävirasto, Helsinki Metropolitan Area Transport, City of Tampere, City of Vantaa, City of Jyväskylä, Finavia, Helen, Kemijoki, and Sappi across Finland and Sweden. Reported 2025 revenue was EUR 315 million; the company is publicly listed on Nasdaq Helsinki (ticker KREAT) and has raised 2026 guidance to EUR 600-650 million following the December 2025 acquisition of SRV Infra Oy for approximately EUR 30 million, which added underground rock construction capability and a forward framework agreement.
Kreate firmographics
Firmographics- Name
- Kreate
- Legal name
- Kreate Oy
- Website
- https://kreate.fi
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Kreate is a publicly listed Finnish infrastructure construction company (Nasdaq Helsinki: KREAT) that builds bridges, railways, roads, tunnels, rock engineering, and data centers primarily for Finnish public sector agencies, municipalities, and international technology clients across Finland and Sweden.
- Ownership category
- akta.pro rank
Where Kreate is headquartered
LocationHeadquarters
- HQ city
- Tuusula
- HQ country
- Finland
- HQ region
- Europe
Offices8 records
Markets served
Kreate business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Infrastructure Construction Projects: Project-based revenue from infrastructure construction contracts including bridges, railways, roads, tunnels, and specialized construction. Revenue is generated through competitive tendering for public and private sector projects, with contract values ranging from several million euros to over 100 million euros for major infrastructure projects.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Construction project contracts with payment terms |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Kreate product offering
Product offeringCore offering
Kreate is a Finnish infrastructure construction company that builds bridges, railways, roads, and other transport infrastructure, and performs foundation work, rock engineering, and complex concrete structures. It also delivers data center construction, industrial and energy infrastructure projects, and circular economy and environmental construction services for public sector clients, municipalities, and private enterprises in Finland and Sweden.
Product overview
Kreate is a Finnish infrastructure construction company offering comprehensive construction services under one roof. The company operates as a unified service provider rather than a platform-plus-modules software product. Its portfolio includes eleven core service lines: Bridge Construction and Repair, Foundation and Concrete Construction, Transport Infrastructure Construction, Industrial and Energy Construction, Railway Construction, Rock Engineering, Special Foundation Construction (via KFS Finland joint venture), Circular Economy, Environmental Construction, Expert Services (including BIM and virtual construction), and Data Center Construction. The services are delivered through the company's own workforce and equipment across Finland, with operations expanded to Sweden and underground rock construction in Finland through acquisition. The company focuses on demanding infrastructure projects and leverages synergies across its service areas.
Differentiator
Problem solved
Functional benefit
Brands
- KFS Finland: Joint venture with Keller Group plc for special foundation construction services
- Kreate Academy
- Kreate Place to Work
Products and services
- Bridge Construction
- Railway Construction
- Road and Transport Infrastructure
- Foundation and Concrete Engineering
- Rock Engineering
- Special Foundation and Geotechnical Works
- Industrial and Energy Construction
- Data Center Construction
- Circular Economy Construction
- Environmental Construction Environmental construction services including remediation, water treatment structures, and environmental infrastructure.
- Expert Services Technical and project expert services such as project management, construction consulting, and supervision for infrastructure and building clients.
Quantifiable outcome
- 63 data center construction projects completed in 10 years
- +2 more outcomes
Companies that use Kreate
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles2 records
Kreate technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Kreate partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered major and core.
- GRKmajorConstruction partner with Kreate in the Vaarala depot rail yard alliance for the Vantaa Light Rail project. Total alliance value approximately EUR 32.5 million, split equally between Kreate and GRK.
- SRV Infra Oy (Acquisition)majorKreate Group's subsidiary Kreate Oy completed acquisition of SRV Infra Oy for approximately EUR 30 million, gaining foothold in underground rock construction in Finland. Acquisition included framework agreement supporting future projects.
- AFRY Finland, Sweco Finland, WSP Finland (Vaarala Depot Alliance)majorDesign firms in the Vaarala Depot Rail Yard Alliance alongside construction partners Kreate and GRK, serving Vantaa Light Rail project.
- Skanska (Koskela Depot Alliance)majorKreate was Skanska's partner in the Koskela depot alliance for railway and electric track works, turnout control systems, and circular economy solutions. Target cost EUR 282.4 million, Kreate's share EUR 58 million.
- SRV (T2 Alliance)majorPart of T2 Alliance with Finavia Oyj for Helsinki-Vantaan Terminal 2 infrastructure project. Alliance included architecture firms ALA Oy and HKP Oy, and engineering firm Ramboll Finland Oy.
- KFS Finland OycoreJoint venture company (50/50 owned with Keller Group plc) specializing in special foundation construction. KFS Finland is a leading provider of specialized foundation work including jet grouting, stabilization, drilled piles, support walls, and anchoring. Operates independently from Kreate's other locations with offices in Vantaa, Hämeenlinna, Lappeenranta, Vuokatti, and Vihti.
Scale indicators21 records
Recent moves8 records
Expansion highlights6 records
Kreate competitors and assessment
Company assessmentDirect peers
- Skanska: Swedish-headquartered global construction and infrastructure developer with a large Nordic civil engineering and transport infrastructure business. Directly competes with Kreate for Finnish and Swedish public infrastructure tenders and operates in bridge, road, rail, and tunnel construction.
- Destia: Finland's leading infrastructure construction and maintenance company, owned by Infranode and Ahlström Capital. Direct domestic peer to Kreate in road, rail, and bridge construction for Finnish Transport Infrastructure Agency and municipalities.
- NCC: One of the largest Nordic construction and real estate developers with a substantial civil engineering business across Sweden, Finland, Norway, and Denmark. Direct overlap with Kreate in road, rail, and bridge infrastructure for public sector clients.
- NRC Group: Nordic specialist in rail infrastructure construction and maintenance, headquartered in Norway with operations across Finland and Sweden. Direct overlap with Kreate's railway construction and electrified rail systems business.
- Peab: Swedish construction and civil engineering group with operations across the Nordics including civil infrastructure, road, and rail construction. Comparable to Kreate in project mix and public sector customer base.
- YIT: Finland's largest construction company with significant infrastructure operations including roads, bridges, and foundations. Most direct Finnish domestic peer to Kreate and a frequent competitor in municipal and transport infrastructure tenders.
- Veidekke: Norwegian construction and civil engineering company with Nordic operations including heavy civil and transport infrastructure. Direct peer in road, rail, and bridge work, often competing for cross-border Nordic tenders.
Emerging players
- Keller Group: Global geotechnical specialist and Kreate's 50/50 JV partner in KFS Finland. Overlaps with Kreate in special foundation construction (jet grouting, piling, ground improvement) and is a direct capability partner rather than head-to-head competitor in the Finnish market.
Broad incumbents
- Hochtief: German-headquartered global construction and infrastructure group with broad civil engineering capabilities across Europe. Larger and more diversified incumbent that competes with Kreate on selected large Nordic infrastructure tenders.
- Strabag: Austrian-headquartered European construction leader with extensive civil engineering, tunneling, and transport infrastructure operations. Broader incumbent that overlaps with Kreate in road, bridge, and tunnel work across the Nordics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Kreate social profiles
Digital presenceKreate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kreate leadership team
Management profileNumber of profiles
Profiles1 record
Kreate subsidiaries and ownership
Company hierarchySubsidiaries3 records
Kreate funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kreate M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kreate
What does Kreate do?
Kreate is a Finnish infrastructure construction company that builds bridges, railways, roads, and other transport infrastructure, and performs foundation work, rock engineering, and complex concrete structures. It also delivers data center construction, industrial and energy infrastructure projects, and circular economy and environmental construction services for public sector clients, municipalities, and private enterprises in Finland and Sweden.
Is Kreate a public or private company?
Kreate is a public company. It is classified as public and is currently operating.
When was Kreate founded?
Kreate was founded in 2015. It employs 251 to 500 people.
Where is Kreate based?
Kreate is headquartered in Tuusula, Finland, in the Europe region.
How does Kreate make money?
One revenue line is on record: infrastructure Construction Projects.
Who are Kreate's main competitors?
Direct peers on record are Skanska, Destia, NCC, NRC Group, Peab, YIT and Veidekke. Keller Group is listed as an emerging player. Broad incumbents are Hochtief and Strabag.
Does Kreate have an API?
No public API is recorded for Kreate.