LTH Traktor AB

What LTH Traktor AB does

LTH Traktor AB is a family-owned Swedish Aktiebolag headquartered in Kiruna, northern Sweden, founded in 1984. The company operates as a B2B heavy equipment and mining services contractor, organized into four interconnected divisions: (1) Entreprenad (Contracting) covering machine transport, goods transport, excavation, ground work, construction work and winter road clearing; (2) Gruvverksamhet underjord (Underground Mining Operations) providing preparation, shotcrete handling, loading, transport and road maintenance in LKAB's KUJ and Konsul mines; (3) Rivning & sanering (Demolition & Sanitation) with over 35 years of experience in selective demolition, hazardous waste handling and industrial decommissioning; and (4) a supporting Maskinpark (Machine Fleet) of approximately 250 vehicles and machines including 70-ton wheel loaders, excavators, bulldozers, road graders, dumpers and a rail-going wheel loader operating on the Svappavaara–Rensjön railway.

The business model is enterprise professional services on a contract basis, with revenue generated primarily through machine and transport work for industrial clients. Pricing is not publicly disclosed and contracts are negotiated directly. The go-to-market is direct enterprise field sales, with LKAB — Sweden's state-owned iron ore miner — as the dominant counterparty across underground mining, material transport between Kiruna–Svappavaara–Gällivare, Mertainen and Viscaria surface operations. Approximately 300 employees are organized into department-level site managers, with a family ownership group (the Häggroth family) retaining CEO, co-owner, administrative and operational roles. A newer partnership with Cooperstone at the Viscaria copper mine represents the first material non-LKAB mining relationship. The company operates under an integrated management system certified to ISO 9001, ISO 14001 and Swedish AFS 2001:1, and is transitioning its fleet to HVO renewable diesel, targeting a minimum 60% reduction in carbon footprint and a stated goal of becoming fossil-free.

Name

LTH Traktor AB

Legal name

LTH Traktor AB

Website

https://lthtraktor.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

LTH Traktor AB is a family-owned heavy equipment and mining services contractor in Kiruna, Sweden, employing ~300 people and operating a ~250-vehicle fleet to deliver underground mining, material transport, excavation and demolition services primarily to LKAB.

Ownership category

akta.pro rank

Product category

Mining Support Services

NAICS

Hazardous Waste Collection (562112), Waste Collection (5621)

SIC

Hazardous Waste Management (4955), Sanitary Services (4950)

akta.pro primary industry

Hazardous Waste Handling, Transport & Disposal (RCRA/TSDF) (IMAIAGAC)

akta.pro secondary industries

Hazmat & Dangerous Goods Warehousing (Regulated Storage) (TLAIACAE), Municipal Franchise / Contracted MSW Hauling (Public Sector) (EUAIAAAE)

Keywords

• Heavy equipment contracting
• Underground mining services
• Demolition and sanitation
• Machine transport services
• Construction earthworks

Headquarters

HQ city

Kiruna

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Machine Contracting Services: Revenue generated from providing machine and transport work services to industrial clients, particularly mining operations. Services include material transport, excavation, road maintenance, and demolition work.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

LTH Traktor AB provides machine contracting, underground mining support, and demolition and environmental sanitation services for industrial clients in northern Sweden, primarily LKAB. Its operations cover material transport between Kiruna, Svappavaara, and Gällivare, preparation/loading/transport and road maintenance inside LKAB's KUJ and Konsul underground mines, surface work at Viscaria and Mertainen, and selective/total demolition with hazardous waste remediation. The company delivers these services with a fleet of approximately 250 heavy machines and roughly 300 employees organized into contracting, underground mining, demolition & sanitation, and material/fuel transport departments.

Product overview

LTH Traktor AB is a family-owned heavy equipment and mining services company based in Kiruna, Sweden, operating primarily in the mining industry. The company offers four interconnected service divisions: (1) Contracting (Entreprenad) for machine transport, excavation and construction work; (2) Underground Mining Operations (Gruvverksamhet underjord) providing preparation, loading, transport and road maintenance services in LKAB's underground mines; (3) Demolition & Sanitation (Rivning & sanering) for complex demolition, environmental remediation and recycling; and (4) a supporting Machine Fleet (Maskinpark) of approximately 250 vehicles and machines. The company employs approximately 300 workers and maintains a fleet of roughly 250 vehicles, primarily serving LKAB in the Kiruna region.

Differentiator

Problem solved

Functional benefit

Products and services

• Entreprenad (Contracting) Machine contracting services covering machine transport, goods transport, material transport, excavation, ground work, construction work, and winter road clearing. Includes material transport assignments for LKAB between Kiruna, Svappavaara, and Gällivare, served by the company's heavy equipment fleet.
• Gruvverksamhet underjord (Underground Mining Operations) Underground mining services for LKAB's Kiruna mines (KUJ and Konsul), including preparation work, shotcrete handling, loading, transport, and road maintenance inside active mines. Approximately 180 employees work in this division, making it the company's largest operating unit.
• Rivning & sanering (Demolition & Sanitation) Demolition and environmental sanitation services including technical consultation, environmental inventory, hazardous waste sanitation, selective demolition, dismantling and relocation, total demolition and industrial decommissioning, processing and crushing, and ground work. Backed by more than 35 years of experience and hundreds of completed complex projects.

Quantifiable outcome

• 60% reduction in carbon emissions from fuel use through HVO transition
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Two partnerships are on record, tiered minor.

• CooperstoneminorStrategic or Co-development Partner · 1 May 2021Cooperstone partnered with LTH for the opening of Viscaria mine entrance in May 2021. LTH provided machinery services and offered Cooperstone a better environmentally friendly fuel option (HVO) for their continued pre-studies of the mine.
• Whistleblower PartnersminorOthersExternal partner providing whistleblowing reporting system. Whistleblower Partners performs initial review of reports and makes immediate assessment before communicating to LTH.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Skanska AB: Large Swedish-headquartered construction group with operations across civil engineering, mining-related civil works, and remediation. Much larger scale, but competes for the same heavy civil and industrial contracting work in Sweden.
• NCC AB: One of Sweden's largest construction and infrastructure companies, active in northern Sweden including civil works and earthmoving. Overlaps with LTH's Entreprenad division but operates at a national scale across multiple sectors.
• PEAB AB: Major Swedish construction and civil engineering group with strong presence in Norrland. Comparable to LTH on contracting/earthworks but serves broader infrastructure, residential, and public-sector markets.

Regional players

• Veidekke ASA: Norwegian-origin construction and civil engineering group with Swedish operations including northern Sweden. Comparable to LTH on contracting and infrastructure services but anchored in a different country market.

Direct peers

• Boart Longyear: Global mining services and drilling contractor offering production drilling, underground services, and exploration. Comparable to LTH in mining-support services, though much larger and internationally diversified.
• Bergteamet (EuroMinerals): Swedish underground mining contractor providing rock reinforcement, shotcrete, scaling, and production services in Scandinavia. Closest like-for-like peer to LTH's KUJ & Konsul underground mining division given similar services, geography, and customer base.

Others

• Cramo / Boels (merged as Boels): European equipment rental company with operations in Sweden. Overlaps with the equipment side of LTH's machine contracting model — a customer or competitor depending on whether the client rents or hires a contractor — and a relevant proxy for fleet utilization economics.
• AFRY AB (ÅF): Swedish engineering and consulting firm active across mining, infrastructure, and industrial decommissioning. Comparable to LTH's Demolition & Sanitation work only at the consulting/engineering layer, not at the contracting layer.
• Epiroc AB: Swedish-listed mining and infrastructure equipment manufacturer and service provider. Sells many of the loaders, drills, and trucks in LTH's fleet; adjacent rather than directly competitive but deeply intertwined in LKAB's supplier ecosystem.
• Sandvik AB: Swedish engineering group with a major Mining and Rock Solutions division supplying equipment and parts used by LTH. Not a direct competitor, but a key ecosystem partner for any heavy-equipment contractor in Swedish mining.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/lthtraktorab
• LinkedInlinkedin.com/company/lthtraktor
• Instagraminstagram.com/lthtraktor.ab

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 LTH Traktor AB