Recset

What Recset does

Recset is a privately held Finnish construction and infrastructure group consisting of two wholly-owned operating subsidiaries: Recset Oy (infrastructure construction) and Recset Rakennus Oy (building construction). The company delivers both building and infrastructure projects as a general contractor (pääurakoitsija) and turnkey contractor (KVR-urakka) for public and private clients across Finland. With offices in Tuusula (headquarters and main production facility), Tampere (Pirkanmaa region), and Kouvola (Kymenlaakso region), Recset combines regional proximity with nationwide project reach, having completed or ongoing approximately 296 projects.

The company's service portfolio spans the full construction lifecycle. The infrastructure division (Recset Oy) handles earthworks, road construction, municipal engineering, foundation work, sports facilities, water and sewage systems, and environmental construction including material recycling. The building division (Recset Rakennus Oy) focuses on commercial properties, retail spaces, shopping centers, grocery stores, logistics facilities, car dealerships, office buildings, residential construction, and large-scale renovation projects. There is no proprietary technology platform; the offering is traditional general contracting labor and project execution services.

Recset generates revenue through one-time project contracts, winning work via competitive public tenders, negotiated contracts, and turnkey agreements. The company serves three primary vertical segments: government and municipal clients (Senaatti-kiinteistöt, HUS Kiinteistöt, multiple city governments), commercial retail chains (Kymen Seudun Osuuskauppa/Prisma, Lidl Suomi, Broman Yhtiöt/Motonet), and enterprise/infrastructure operators (Vantaan Energia, Skanska Talorakennus, SRV). Group turnover is reported at €269 million. The company emphasizes a customer-oriented, cost-effective, relationship-driven GTM with direct sales, competitive bidding, and reliance on public procurement credentials (RALA certification, 'Luotettava' and 'Luottamus' quality badges).

Name

Recset

Legal name

Recset Oy

Website

https://recset.fi

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Recset is a Finnish private construction and infrastructure group operating through Recset Oy (infrastructure) and Recset Rakennus Oy (building construction), delivering general contracting and turnkey projects across Finland for government, municipal, retail, healthcare, and energy clients with €269 million in group turnover.

Ownership category

akta.pro rank

Headquarters

HQ city

Tampere

HQ country

Finland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Construction Project Revenue: Recset generates revenue through one-time construction project contracts. The company operates as a general contractor (pääurakoitsija) and turnkey contractor (KVR-urakka) for building and infrastructure projects. Revenue is project-based and non-recurring, derived from both competitive bidding and negotiated contracts with public and private clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Recset is a Finnish construction and infrastructure group that delivers building and infrastructure projects as a general contractor and turnkey contractor (KVR-urakka) across Finland. The group operates through Recset Oy (infrastructure construction including earthworks, road construction, municipal engineering, foundation work, and sports facilities) and Recset Rakennus Oy (building construction including commercial buildings, retail, schools, healthcare, residential, and renovation projects). Work is acquired through competitive public tenders and direct negotiation with private sector clients such as retail chains, energy companies, and developers.

Product overview

Recset is a Finnish construction company consisting of two main divisions: Recset Oy (infrastructure construction) and Recset Rakennus Oy (building construction). The company offers comprehensive construction services delivered in a customer-oriented, cost-effective manner, handling projects from competitive contracts to turnkey and collaborative models. The infrastructure division specializes in earthworks, road construction, municipal engineering, foundation work, and specialized projects including sports facilities, while the building division focuses on commercial properties, renovations, and residential construction across Finland.

Differentiator

Problem solved

Functional benefit

Products and services

• Infrastructure Construction Services (Recset Oy)
• Building Construction Services (Recset Rakennus Oy)

Named customers10 records

Segments3 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Consti Yhtiöt: Consti is a Finnish construction company specializing in renovation, building technology, and contracting services. Directly comparable to Recset Rakennus Oy in commercial renovation and building construction services for institutional and enterprise clients.
• SRV Group: SRV is a Finnish project development and construction contractor operating in commercial, residential, and public infrastructure. Listed as a Recset customer (Sammontalo school) but also a direct competitor in Finnish building construction tenders.
• Lujatalo Oy: Lujatalo is a Finnish construction company delivering residential, commercial, and industrial building projects nationwide. Comparable as a mid-sized Finnish general contractor serving similar public and private client segments.
• YIT Corporation: YIT is the largest Finnish construction company, active in building construction, infrastructure, and renovation across Finland and the Nordics. Directly comparable to Recset in residential, commercial, and public-sector construction scope.
• Hartela Group: Hartela is a Finnish construction company focused on residential, commercial, and public-sector building projects. Comparable as a mid-sized Finnish building contractor competing for similar tenders.
• Jatke Oy: Jatke is a Finnish construction company offering new build, renovation, and property development services. Comparable as a mid-sized Finnish general contractor competing for institutional, residential, and commercial tenders.

Broad incumbents

• NCC AB: NCC is one of the leading Nordic construction and real estate companies, with significant operations in Finland. Comparable as a broad incumbent in commercial building and infrastructure construction serving similar public and private clients.
• Peab AB: Peab is a major Swedish-based Nordic construction and civil engineering group. Comparable as a broad incumbent with overlapping presence in Finnish and Nordic building and infrastructure markets.
• Skanska AB: Skanska is a major Nordic and global construction and infrastructure developer with a large Finnish subsidiary (Skanska Talorakennus Oy), which is itself a Recset customer (Ahvenisto hospital). Competes with Recset for the largest Finnish building and infrastructure tenders.
• Caverion Corporation: Caverion is a Finnish-headquartered provider of building solutions and services including HVAC, electrical, and facility maintenance. Comparable as an adjacent incumbent operating across the Finnish built environment with overlapping institutional clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RecsetOy
• Instagramfacebook.com/RecsetOy
• Xx.com/recsetoy
• LinkedInlinkedin.com/company/recset

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Recset