Vestia Construction Group

Name

Vestia Construction Group

Legal name

Vestia Construction Group AB

Website

https://vestia.se

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Swedish general contractor (totalentreprenad) headquartered in Mölndal, delivering turnkey residential, education, care, office, and sports facilities in western Sweden through a partnering model with municipalities and private property developers; wholly owned by Sentia ASA.

Ownership category

akta.pro rank

Product category

Construction Contracting Services

NAICS

Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362), Industrial Building Construction (23621)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531)

akta.pro primary industry

Government & Civic Building Construction (Courthouses, City Halls, Public Safety) (IMAFACAF)

akta.pro secondary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• General construction contracting
• Turnkey construction services
• Construction partnering
• Commercial building construction
• Public sector construction

Headquarters

HQ city

Mölndal

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Construction contracting (totalentreprenad): Vestia generates revenue primarily through construction contracts as a general contractor, delivering projects across residential, schools, elderly care homes, offices, industrial, and sports facilities. Revenue for 2025 is estimated at approximately 1.4 billion SEK.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Vestia Construction Group is a Swedish general contractor delivering totalentreprenad (turnkey construction) under a partnering methodology for municipalities and private property developers in the Greater Gothenburg region. The company builds residential buildings, schools and preschools, elderly care homes, offices, industrial facilities, and sports/recreation facilities, integrating climate calculations, circular construction practices, and CSRD-aligned sustainability reporting into every project. Approximately 80 employees execute an estimated 1.4 billion SEK annual revenue base anchored in Västra Götaland and Halland.

Product overview

Vestia Construction Group is a construction contractor operating in the Storgöteborg (Greater Gothenburg) area, offering total turnkey construction (totalentreprenad) combined with partnering collaboration methods. Their core offerings include residential construction, schools and preschools, elderly care facilities, office buildings, industrial facilities, and sports/recreation facilities. The company emphasizes sustainability through climate calculations, circular construction practices, and reuse methodologies, with a goal of climate neutrality across the entire value chain by 2045. Major project programs include Program Lyftet (8 education facility projects in Mölndal) and Program Fyrklövern (5 preschools in Gothenburg). Vestia is part of the Nordic construction group Sentia, which was listed on Oslo Børs in June 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Turnkey General Contracting (Totalentreprenad) End-to-end turnkey construction contracting combining responsibility for design coordination, procurement, and execution under a single contract. Targeted at Swedish municipalities and private property developers seeking a single-point accountable delivery partner.
• Partnering Construction Services Collaborative construction delivery where client, contractor, architect, and consultants operate as a unified organization with shared goals and a transparent shared budget, executing in open dialogue. Targeted at public and private clients seeking risk-sharing and cost predictability on complex projects.
• School and Educational Facility Construction Construction of new schools (grades 7-9), preschools, and educational institutions, including multi-project municipal programs such as Program Lyftet in Mölndal and Program Fyrklövern in Gothenburg. Targeted at Swedish municipalities procuring modern learning environments.
• Elderly Care Facility Construction Construction of elderly care homes and care facilities, including combined school-and-care-building solutions such as the Silverkällan development. Targeted at municipalities and private care-property owners in western Sweden.
• Office and Commercial Property Construction Construction and renovation of office buildings and commercial properties, from ground-up office quarters to facade, window, and tenant fit-out works. Targeted at commercial property owners including Vasakronan, Castellum, Higab, Hemsö, and Aspelin Ramm.
• Sports and Recreation Facility Construction Construction of sports arenas, swimming halls, ice rinks, and recreational facilities including large aquatic complexes. Targeted at municipalities in Västra Götaland and Halland delivering public recreation infrastructure.
• Residential Construction Construction of residential buildings, apartments, and housing developments. Targeted at private residential developers and municipalities executing mixed-use and housing programs.
• Industrial Facility Construction Construction of industrial buildings and facilities. Targeted at industrial occupiers and developers in the Greater Gothenburg region.
• Sustainability and Climate Consulting Services Climate calculation, lifecycle assessment, circular construction advisory, and CSRD/ESRS-aligned sustainability reporting services provided to public and private clients alongside construction delivery. Targeted at clients with explicit climate requirements in their procurement or ESG mandates.

Quantifiable outcome

• One of the highest Nöjd Kund Index (Net Promoter Score) in the Swedish construction industry
• +4 more outcomes

Named customers15 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature2 records

Partnerships

Eight partnerships are on record, tiered parent group, core, minor and key project partner.

• Sentiaparent groupStrategic or Co-development PartnerVestia is part of the Sentia group, a Nordic construction conglomerate alongside HENT (Norway) and SSEA/Kiruna Målbygg (Sweden). Sentia was listed on Oslo Børs in June 2025 with approximately 1,400 employees and revenue of 11,772 million NOK in 2025.
• HENTcoreStrategic or Co-development PartnerHENT is Vestia's sister company in Norway within the Sentia group. Both companies collaborate on projects such as Kaj 16 (with Vasakronan), sharing expertise and execution capability across the Nordic region.
• SSEAcoreStrategic or Co-development PartnerSSEA is Vestia's sister company in Sweden within the Sentia group, operating in the Swedish construction market alongside Vestia.
• CCBuildcoreStrategic or Co-development PartnerCCBuild is the national cooperation arena for circular construction in Sweden. Vestia is a cooperation partner, contributing to the development of new routines and methods for circular construction and increased reuse.
• ChalmersminorStrategic or Co-development PartnerVestia is a partner in a project with Chalmers and RISE to increase plastic recycling in the construction sector. Research funding provided by FORMAS. The project includes communication materials and a film for construction sites to increase recycling knowledge.
• RISEminorStrategic or Co-development PartnerVestia partners with RISE (Research Institutes of Sweden) in a project to increase plastic recycling from construction sites, alongside Chalmers.
• Hallå HållbarhetminorStrategic or Co-development PartnerVestia participated in a pre-study with Hallå Hållbarhet to define social sustainability responsibilities for construction contractors, resulting in a shared framework for the industry.
• Liljewall Arkitekterkey project partnerTechnology or IntegrationLiljewall Arkitekter serves as architect on multiple Vestia projects including the new swimming hall in Falkenberg, Åbybadet, Västerbergsskolan, Östergårds förskola, and others. Long-standing architectural partner across many projects.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Veidekke: Norwegian-headquartered construction and civil engineering company with significant Swedish operations. Competes for similar public-sector and commercial building contracts and shares an emphasis on partnering-style collaboration and sustainability.
• AF Gruppen: Norwegian construction and civil engineering group with growing Swedish exposure. Competes in commercial and public building construction, sharing a focus on collaborative contracting and sustainability credentials relevant to Vestia's positioning.
• NCC: One of the largest Nordic construction and property development companies, active in nonresidential building, residential, and civil engineering. Competes with Vestia for Swedish municipal and commercial contracts, but operates at far greater scale across multiple Nordic countries.
• Skanska: Global construction and development company with strong Swedish roots. Competes with Vestia on public buildings, schools, and commercial real estate construction in Västra Götaland, while also operating infrastructure, residential development, and PPP at much larger scale.
• Peab: Major Swedish construction and civil engineering group with national presence in nonresidential building, residential, and infrastructure. Overlaps directly with Vestia's municipal and commercial building work in western Sweden, but at materially greater scale.

Emerging players

• Wästbygg: Swedish construction and project development company focused on commercial, residential, and public-sector buildings. Operates a partnering model and is comparable in scale and geographic scope to Vestia, with overlap in municipal and commercial building work.
• Serneke: Swedish construction and development company active in nonresidential building, residential, and infrastructure in Västra Götaland and other regions. Competes with Vestia for similar commercial and municipal building contracts in western Sweden.

Direct peers

• SSEA: Swedish construction company and Vestia's sister company within the Sentia group. Operates in the Swedish building market with similar totalentreprenad and partnering capabilities, providing direct internal comparability on execution model and customer types.
• HENT: Norwegian general contractor and Vestia's sister company within the Sentia group. Operates a comparable totalentreprenad/partnering model on commercial and public-sector construction, collaborating with Vestia on cross-Nordic projects (e.g., Kaj 16).

Regional players

• JM AB: Swedish residential developer and builder with strong presence in the greater Stockholm and Gothenburg regions. Overlaps with Vestia's residential construction work, but is primarily a developer-builder rather than a partnering-focused general contractor for public sector projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/vestia.se
• LinkedInlinkedin.com/company/vestia-construction-group-ab
• Instagraminstagram.com/vestiaconstructiongroup

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Vestia Construction Group