Sweco Group
Sweco Group is a Stockholm-based architecture and engineering consultancy with 10,000+ employees serving Nordic and Western European government and enterprise clients across climate adaptation, energy infrastructure, environmental advisory, and sustainable urban development projects via project-based contracts, framework agreements, and an active acquisition strategy.
- Company typePublic
- Founded-
- HeadquartersStockholm, Sweden
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Sweco Group does
Sweco Group is a Stockholm-headquartered architecture and engineering consultancy with 10,000+ employees operating across Nordic and Western European markets. The firm delivers an integrated portfolio of services spanning architecture, engineering and environment consultancy, geotechnical investigation, environmental advisory, climate adaptation and flood protection, and energy infrastructure consulting for hydrogen and CO2 pipeline networks. Core customers include national government agencies (e.g., Norwegian Water Resources and Energy Directorate / NVE) and large state-owned or enterprise energy operators (e.g., Gasunie), with engagements delivered through direct consulting contracts, multi-year framework agreements, and joint project partnerships (e.g., with Fugro on the Delta Rhine Corridor West).
The business model is professional-services revenue generated through project-based contracts and competitive-bid framework agreements, supplemented by an active acquisition program that has added seven bolt-ons between January 2024 and June 2026 (Econsultancy, Sipti Consulting, +ImpaKT, PROgroup GEIE, assar architects, Conix RDBM Architects, and Platom). Acquisitions are explicitly aimed at expanding geographic footprint (Belgium/Luxembourg, Finland, Netherlands) and layering specialized capabilities in sustainable urban development, geotechnical, and environmental advisory domains. Pricing is not publicly disclosed and is structured per engagement rather than via SaaS-style recurring contracts.
According to the financials provided, reported revenue grew from approximately SEK 23.3B in 2022 to SEK 34.3B in 2025, with EBITDA and net income expanding over the same period and 12.6% projected annual earnings growth cited in the source material. The strategic narrative is consolidation of an integrated design-and-engineering platform across climate adaptation, energy transition, and urban development themes in Northern and Western Europe, with geographic and capability expansion executed primarily through M&A.
Sweco Group firmographics
Firmographics- Name
- Sweco Group
- Legal name
- Sweco Group
- Website
- https://swecogroup.com
- Company type
- Public
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Sweco Group is a Stockholm-based architecture and engineering consultancy with 10,000+ employees serving Nordic and Western European government and enterprise clients across climate adaptation, energy infrastructure, environmental advisory, and sustainable urban development projects via project-based contracts, framework agreements, and an active acquisition strategy.
- Ownership category
- akta.pro rank
Sweco Group industry classification
Industry- Product category
- Engineering and Architecture Consulting
- NAICS
- Engineering Services (541330), Environmental Consulting Services (541620)
- SIC
- Services-Engineering Services (8711)
- akta.pro primary industry
- Sustainability, ESG & Climate Risk Advisory (BPAHAJAH)
- akta.pro secondary industries
- Sustainability & ESG Consulting (BPAHACAK), Sustainability & ESG Reporting (GRI/SASB/ISSB/CSRD) (EUAHAJAB), Energy & Water Efficiency Programs (Corporate Resource Management) (EUAHAJAG)
Keywords
Where Sweco Group is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices4 records
Markets served
Sweco Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Architecture and Engineering Consulting Services: Professional consultancy services revenue generated primarily across Nordic and Western European markets
Go-to-market motion2 records
Distribution channels2 records
Marketing channels2 records
Sweco Group product offering
Product offeringCore offering
Sweco Group provides architecture, engineering, environmental advisory, geotechnical, climate adaptation, and energy infrastructure consulting services. It serves public agencies and private-sector clients on sustainable urban development and resilient infrastructure projects across Nordic and Western European markets.
Product overview
Sweco Group operates as an integrated architecture, engineering, and environment consultancy offering a unified portfolio of professional services rather than a discrete software product. The company provides architecture services, geotechnical consulting, environmental advisory, climate adaptation and flood protection services, and energy infrastructure consulting. These services are delivered through acquired firms and direct operations across Nordic and Western European markets, with recent acquisitions including assar architects (Belgium-Luxembourg), a Finnish geotechnical consultancy, and Econsultancy (Netherlands) expanding its capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Architecture Services
Quantifiable outcome
- SEK 140M contract value secured through government framework agreement
- +1 more outcomes
Companies that use Sweco Group
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Sweco Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Sweco Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- FugrocoreJoint partnership for soil investigation fieldwork on the Delta Rhine Corridor West (DRC West) pipeline network. Sweco and Fugro are conducting geotechnical investigations along a 70-kilometer route section from Maasvlakte to Hollands Diep, including cone penetration tests, mechanical drilling, and environmental and archaeological assessments. The collaboration follows desk studies completed by both firms last year in coordination with Gasunie.
- GasuniecoreCommissioned by Gasunie for geotechnical investigations on the Delta Rhine Corridor West hydrogen and CO2 pipeline network. The pipeline will transport hydrogen and directly captured CO2 from industrial areas near Rotterdam, Moerdijk, and Boxtel to offshore storage sites. Sweco and Fugro commenced soil investigation fieldwork as part of this major energy infrastructure project.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Sweco Group competitors and assessment
Company assessmentDirect peers
- Tetra Tech: Engineering and consulting firm specializing in water, environment, and sustainable infrastructure. Directly comparable to Sweco on environmental and climate adaptation consulting, though primarily U.S.-footprint.
- WSP Global: Canadian-headquartered global professional services firm offering engineering, environment, and advisory services across infrastructure, buildings, and energy. Highly comparable to Sweco on multidisciplinary consulting, energy infrastructure involvement, and acquisitive growth strategy.
- COWI: Danish engineering consultancy with major presence in bridges, tunnels, energy infrastructure, and environmental advisory. Comparable to Sweco on Nordic heritage, energy infrastructure work, and government infrastructure mandates.
- Arcadis: Dutch-headquartered design and consultancy firm delivering engineering, architecture, and environmental services across Europe. Strong overlap with Sweco in integrated built-environment consultancy, sustainability advisory, and climate resilience work.
- AFRY (ÅF): Swedish-headquartered engineering, design, and advisory firm with similar Nordic and European footprint to Sweco. Overlaps on sustainable urban development, infrastructure, and energy transition consulting.
- Ramboll: Danish engineering, architecture, and consulting company with deep Nordic roots and a strong sustainability and climate adaptation practice. Highly comparable to Sweco on geography, scale, service mix, and government-sector exposure.
- Royal HaskoningDHV: Dutch engineering and consultancy firm specializing in water, infrastructure, and built environment. Closely comparable to Sweco on flood protection, climate adaptation, and integrated multidisciplinary delivery.
Broad incumbents
- Mott MacDonald: Global engineering, management, and development consultancy with broad infrastructure, energy, and environment capabilities. Overlaps with Sweco's energy infrastructure and environmental advisory practices but operates at larger global scale.
- Jacobs Solutions: Large global professional services firm delivering engineering, technical, scientific, and consulting services across infrastructure and advanced facilities. Comparable on engineering services scale and energy transition advisory, broader in scope than Sweco.
- Stantec: North American engineering, architecture, and environmental consulting firm with growing European presence. Comparable on multidisciplinary service mix and environmental consulting, though more North-America-weighted than Sweco.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Sweco Group social profiles
Digital presenceSweco Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sweco Group leadership team
Management profileNumber of profiles
Profiles3 records
Sweco Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
Sweco Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sweco Group M&A and investment
M&A and investmentM&A7 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sweco Group
What does Sweco Group do?
Sweco Group provides architecture, engineering, environmental advisory, geotechnical, climate adaptation, and energy infrastructure consulting services. It serves public agencies and private-sector clients on sustainable urban development and resilient infrastructure projects across Nordic and Western European markets.
Is Sweco Group a public or private company?
Sweco Group is a public company. It is classified as public and is currently operating.
When was Sweco Group founded?
Sweco Group was founded in -1. It employs 5,001 to 10,000 people.
Where is Sweco Group based?
Sweco Group is headquartered in Stockholm, Sweden, in the Europe region.
How does Sweco Group make money?
One revenue line is on record: architecture and Engineering Consulting Services.
Who are Sweco Group's main competitors?
Direct peers on record are Tetra Tech, WSP Global, COWI, Arcadis, AFRY (ÅF), Ramboll and Royal HaskoningDHV. Broad incumbents are Mott MacDonald, Jacobs Solutions and Stantec.
Does Sweco Group have an API?
No public API is recorded for Sweco Group.
What industry is Sweco Group in?
Sweco Group's product category is Engineering and Architecture Consulting. Its primary akta.pro industry code is BPAHAJAH, Sustainability, ESG & Climate Risk Advisory, with a secondary code of BPAHACAK, Sustainability & ESG Consulting. Its NAICS code is 541330 and its SIC code is 8711.