Welado

What Welado does

Welado is a Finnish built environment consulting firm specializing in construction management, project leadership, design coordination, expert services, and lifecycle management for infrastructure projects across rail, road, real estate, energy, and industrial sectors. Founded in 2017, the company operates under the Nordic Welado Group following a 2022 merger with Swedish infrastructure consultancy STHK. Welado serves public sector clients—primarily the Finnish Transport Infrastructure Agency (Väylävirasto), municipalities, and government-owned enterprises—as well as private companies in energy (Fingrid, OX2, Vattenfall) and real estate development, delivering services through a bench of over 300 experts across offices in Finland and Sweden (Helsinki, Oulu, Tampere, Stockholm, Göteborg, Malmö, and others). Major contract references include Helsinki-Riihimäki Phase 2 (~€11M, 100 person-years), the Vt4 Kirri-Tikkakoski highway (€141.9M total budget), Oulu 2025 Housing Fair infrastructure (~€27M), Tampere passenger railway yard (~€150–160M), and planning services for Turun Tunnin Juna Oy (~€500K).

The company's service portfolio is anchored on five core offerings: Construction Consulting (Rakennuttaminen), Project Management (Projektinjohto), Design Management (Suunnitteluttaminen), Expert Services (Asiantuntijapalvelut), and Lifecycle Services (Elinkaaripalvelut). Underlying technical capabilities include Building Information Modeling (BIM)-based design and construction methodology used across Helsinki-Riihimäki and Tampere-Oulu railway projects, CO2 emissions calculation and environmental impact tools, and the RAID-e digitalization platform developed with Liikennevirasto for railway track and safety equipment monitoring. Subsidiaries include Welado Design Oy (rail design and engineering), Welado Baltics (regional expansion vehicle), and Seclion Oy (security consulting), complemented by Welado Masters, an internal professional development program.

Welado generates revenue through project-based professional services engagements. Pricing is determined by competitive tendering for public infrastructure projects and direct negotiation for private sector clients, with no publicly disclosed price list. The go-to-market is sales-led, leveraging direct enterprise relationships with public agencies and energy companies, while distributing services through a Nordic platform model that connects Welado-employed experts with sub-consultants and partner firms across the region. Marketing efforts are primarily organic—centered on the company blog, industry awards (RIL Bridge of the Year 2018, 2020, 2025), and a social presence on LinkedIn, Facebook, Instagram, and YouTube. A dedicated career site (careers.welado.fi) supports employer branding across the Nordic talent pool.

Name

Welado

Legal name

Welado

Website

https://welado.fi

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Welado is a Finnish built environment consulting firm delivering construction management, project leadership, design coordination, expert and lifecycle services for rail, road, real estate, energy and industrial clients. Operating as the Nordic Welado Group with 300+ experts across Finland and Sweden since the 2022 STHK merger, it primarily serves Väylävirasto, municipalities and energy companies.

Ownership category

akta.pro rank

Product category

Construction Management Consulting

NAICS

Architectural, Engineering, and Related Services (5413), Power and Communication Line and Related Structures Construction (237130), Highway, Street, and Bridge Construction (23731)

SIC

Services-Engineering Services (8711)

akta.pro primary industry

Civil & Structural Engineering Consulting (BPAHAIAA)

akta.pro secondary industries

Engineering design services (line design, substation design, civil/structural) (EUADAKAG), O&M, Upgrades & Refurbishment of T&D Assets (Reconductoring, Rebuilds) (IMAFAHAM)

Keywords

• Construction management consulting
• Infrastructure project management
• Railway construction services
• Building information modeling
• Construction supervision services

Headquarters

HQ city

Oulu

HQ country

Finland

HQ region

Europe

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services (Asiantuntijapalvelut): Consulting services including project management, construction management, supervision, expert services, and specialized consulting across rail, road, property, and industrial sectors. Revenue is project-based, typically won through competitive tendering for public infrastructure projects or direct engagements with private sector clients.
2. Planning Services (Suunnitteluttaminen): Design planning and coordination services across all technical disciplines for infrastructure projects. Includes specialized services for railway systems, bridges, tunnels, and civil engineering.
3. Lifecycle Services (Elinkaaripalvelut): Railway infrastructure management, maintenance supervision, property lifecycle management, and ongoing advisory services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Welado provides construction consulting, project management, design management, supervision, and lifecycle services for rail, road, real estate, energy, and industrial infrastructure projects. Services span the full project lifecycle from planning through execution to maintenance, delivered by a multidisciplinary team of over 300 experts across Finland and Sweden. The firm also offers specialized expert services covering environmental/sustainability, safety/risk management, and stakeholder communication.

Product overview

Welado is a built environment consulting company offering a comprehensive suite of professional services for infrastructure, real estate, energy, and industrial projects. The portfolio centers on four core services: Construction Consulting (Rakennuttaminen), Project Management (Projektinjohto), Design Management (Suunnitteluttaminen), and Expert Services (Asiantuntijapalvelut). These are complemented by Lifecycle Services (Elinkaaripalvelut) and specialized offerings through subsidiaries Welado Design Oy (design services) and Seclion Oy (security consulting). The company also operates Welado Masters, a professional development program. Services span rail, road, real estate, and industrial construction sectors, delivered by over 300 experts across Finland and Sweden.

Differentiator

Problem solved

Functional benefit

Brands

• Seclion Oy: Security consulting services offered under Welado Group
• Welado Design Oy

Products and services

• Rakennuttaminen (Construction Consulting) Independent construction consulting services for rail, road, real estate, and industrial construction projects, covering project management from planning to commissioning for government agencies and private sector clients.
• Projektinjohto (Project Management) Project leadership services for construction projects, managing time, costs, resources, and stakeholder communication across various delivery models including alliance, lifecycle, and ST projects.
• Suunnitteluttaminen (Design Management) Design management and design supervision services coordinating multiple technical disciplines and ensuring smooth handover from design to construction phase for infrastructure projects.
• Elinkaaripalvelut (Lifecycle Services) Lifecycle management services for rail infrastructure, roads, and properties including maintenance, asset management, and optimization of operational performance over asset lifecycles.
• Asiantuntijapalvelut (Expert Services) Specialized expert services including environment and sustainability, safety and risk management, organizational leadership, communication and stakeholder engagement, and security services for construction and infrastructure projects.
• Valvonta (Supervision) Construction supervision services for infrastructure projects, ensuring quality assurance, compliance, and on-site oversight for rail, road, and building construction.

Quantifiable outcome

• Vt4 Kirri-Tikkakoski highway completed 22 weeks ahead of schedule and within budget
• +3 more outcomes

Named customers12 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Vantaan Pysäköintiratkaisut OycoreStrategic or Co-development Partner · 1 May 2026Welado signed a cooperation agreement with Vantaan Pysäköintiratkaisut Oy covering construction management, expert services and operations for parking development. The agreement also includes VanPark Oy and regional parking companies, supporting Vantaa city's rapid growth and regional development goals.
• Mundi Property Partners OycoreStrategic or Co-development Partner · 1 May 2026Mundi Property Partners Oy serves as Welado's cooperation partner in the Vantaa parking development project. They provide expertise in investment and financing plans, parking facility and area conceptualization, and management services, bringing strong real estate and construction management expertise.
• STHK (Svenska Teknik & Halsovision AB)coreStrategic or Co-development Partner · 1 January 2022Since 2022, Welado and STHK have joined forces to create the Nordic Welado Group. Together they offer an even wider range of services for customers with operations in both Finland and Sweden. STHK brings Swedish market expertise in railway, infrastructure, and construction.
• Seclion OyminorStrategic or Co-development PartnerSecurity consulting partnership providing safety expertise services to clients. Seclion Oy operates as part of Welado's expert services ecosystem.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• AFRY: Sweden-based engineering, design and advisory firm (formerly ÅF and Pöyry), with strong Finnish operations after the Sitowise acquisition. Directly comparable across rail, road, energy and industrial infrastructure consulting.
• WSP: Global engineering professional services firm with a substantial Finnish and Nordic presence (formerly WSP Finland, previously LT-Konsultit). Competes head-to-head with Welado on rail, road, bridge, and property construction management and design mandates.
• Sitowise: Finnish infrastructure and built-environment consultancy with a Nordic platform across rail, road, property and digital services (now part of AFRY). Direct competitor for Finnish Transport Infrastructure Agency and municipal tenders.
• Sweco: Leading Nordic engineering and design consultancy with strong operations in both Finland and Sweden. Competes with Welado on rail, road, urban development, energy and property supervision and design services.
• Ramboll: Nordic-headquartered engineering, architecture and consulting firm with deep transport and infrastructure practices in Finland and Sweden. Directly comparable on rail, road, energy and environmental consulting mandates.
• NRC Group: Nordic contractor and infrastructure services group focused on rail, light rail, road and water infrastructure. Comparable as a Nordic peer with strong presence in rail construction management and supervision across the region.

Broad incumbents

• COWI: Large Danish-headquartered engineering consultancy with global operations in bridges, tunnels, rail, energy and environment. Broad incumbent competing for major Nordic and EU-funded infrastructure mandates where Welado also bids.

Others

• Solita: Finnish digital engineering and data consultancy active in data, analytics and digitalization for built environment and infrastructure. Adjacent peer given Welado's growing BIM, RAID-e and data-analytics capabilities.

Regional players

• Etteplan: Nordic engineering and technical consulting firm with operations in Finland and Sweden. Comparable in adjacent engineering services and industrial infrastructure, though heavier weighting toward industrial clients.
• Rejlers: Nordic engineering consultancy with operations in Sweden, Norway and Finland covering energy, infrastructure, industry and buildings. Regional peer competing for similar Nordic rail and energy project portfolios.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/welado
• YouTubeyoutube.com/channel/UCqdCwJ_rOF4FnEmfoi_v7qw
• Facebookfacebook.com/WeladoOfficial
• LinkedInlinkedin.com/company/welado
• Instagraminstagram.com/welado_official

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 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 Welado