Jatke

What Jatke does

Jatke is a privately owned Finnish construction group headquartered in Helsinki, founded in 2009 by five founders (including Juhani Pousi and Esa Eloranta) and operating through five wholly-owned regional and functional subsidiaries - Jatke Uusimaa Oy (residential, Helsinki metro), Jatke Toimitilat Oy (commercial and renovation, Helsinki metro), Jatke Pirkanmaa Oy (Tampere region), Jatke Länsi-Suomi Oy (Turku region) and Jatke Julkisivut Oy (facade construction). The group serves housing companies, institutional real estate investors, municipalities and private developers with residential, commercial, public-sector, renovation and facade construction services, and reported FY2025 revenue of €503.4M with approximately 432 employees.

The group's service portfolio spans turnkey residential delivery (land acquisition to handover), commercial and office construction, renovation and conversion works, facade refurbishment, and property development (kiinteistökehitys and infill construction for housing companies). Jatke positions itself as a forerunner in knowledge-driven management, applying AI-assisted decision-making on data from common construction practices and supporting tools, and rolling out takt production (tahtituotanto) scheduling methods starting in 2024. Selected projects target LEED Gold (Kaikukatu 3 office renovation) and LEED Platinum (Arabianranta Illuusio residential) certifications, and group-wide ISO 14001 environmental certification was issued in December 2024.

Revenue is generated primarily through project-based B2B construction contracts won via competitive tendering and direct negotiation with long-term customers, supplemented by own-developer (omaperusteinen tuotanto) residential projects that capture land-to-handover margin. FY2025 revenue mix by line was commercial properties 53%, residential 30% and renovation 17%. Customers span institutional investors (ICECAPITAL Housing Fund VII, Eden Asunnot - Kevan/Taaleri JV, Asuntosäätiö, TA-Yhtiöt, Urban Partners), municipalities (City of Helsinki, City of Espoo, Pirkanmaan hyvinvointialue, Etelä-Karjalan hyvinvointialue) and energy/utilities (Keravan Energia). Unbilled order backlog stood at €516.9M at end-2025, operating margin was 2.7%, and the equity ratio reached 45.1%.

Name

Jatke

Legal name

Jatke Oy

Website

https://jatke.fi

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Short description

Jatke is a privately owned Finnish construction conglomerate providing residential, commercial, renovation, and facade construction across Helsinki, Tampere, and Turku. It serves housing companies, institutional investors, municipalities, and developers with €503.4M 2025 revenue and 432 employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction contracting: Jatke generates revenue primarily through construction contracting for residential, commercial, and renovation projects. Revenue breakdown by business line: Commercial properties 53%, Renovation 17%, Residential 30%. The company operates as both contractor and flexible project development partner.
2. Property development: Own development production (omaperusteinen tuotanto) where Jatke develops its own residential projects. This includes land acquisition, planning, financing, construction and delivery of completed residential units.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Jatke is a Finnish construction group that builds and renovates homes, commercial premises, healthcare and educational facilities, and develops real estate across the Helsinki metropolitan area, Tampere, and Turku. It provides residential construction, commercial and office construction, renovation and conversion, facade repair, property development, and infill construction services, operating as both contractor and project development partner.

Product overview

Jatke is a Finnish construction conglomerate offering a unified portfolio of construction services organized under its parent company Jatke Oy. The company operates through regional subsidiaries (Jatke Uusimaa, Jatke Toimitilat, Jatke Pirkanmaa, Jatke Länsi-Suomi, Jatke Julkisivut) providing residential construction, commercial/office construction, renovation, facade services, and property development. The core offering consists of Asuntorakentaminen (residential), Toimitilarakentaminen (commercial), Korjausrakentaminen (renovation), Julkisivut (facades), Kiinteistökehitys (property development), and Täydennysrakentaminen (infill construction) services. Projects span the Helsinki metropolitan area, Tampere, and Turku regions. The company positions itself as a 'beloved builder' focused on sustainable construction and employee experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Asuntorakentaminen (Residential Construction) Construction of homes and apartments for private individuals, housing companies, and institutional investors across the Helsinki metropolitan area, Tampere, and Turku regions. Covers the full project lifecycle from land acquisition and planning through financing, construction, and handover of completed residential units.
• Toimitilarakentaminen (Commercial Construction) Construction of commercial, office, healthcare, education, and public buildings for various owners and purposes. Jatke serves as both contractor and flexible project development partner, delivering offices, parking structures, stadiums, social and health centers, and other commercial facilities.
• Korjausrakentaminen (Renovation Construction) Renovation and conversion projects including basic repairs, modernization, and change of property use for residential, commercial, and healthcare buildings. Delivered with extensive project management experience, primarily through Jatke Toimitilat Oy's renovation unit.
• Julkisivut (Facade Services) Facade renovation and repair services for housing companies and property owners, covering the entire facade renovation process from condition assessment through completion. Delivered by the dedicated subsidiary Jatke Julkisivut Oy across Helsinki metropolitan area, Turku, and Tampere regions.
• Kiinteistökehitys (Property Development) Market-driven development of new uses for buildings through new construction and renovation, covering the entire process from analysis and idea generation to implementation. Includes own-development residential production where Jatke handles land acquisition, planning, financing, construction, and delivery of completed residential units.
• Täydennysrakentaminen taloyhtiöille (Infill Construction for Housing Companies) Infill development services for housing companies that leverage existing plot land to build new structures or expand current buildings, creating additional revenue for the housing company through new construction on underutilized land.

Quantifiable outcome

• 99% zero-emission site electricity at construction sites
• +3 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Eden AsunnotcoreOthers · 15 April 2026Eden Asunnot is a joint venture between Kevan (Finland's largest pension insurer) and Taaleri Kiinteistöt. They invest in high-quality rental housing in Finnish growth centers. Jatke is building 41 apartments for Eden in Laajasalo, Helsinki.
• Green Building Council Finland (FIGBC)minorOthersJatke is a member of Green Building Council Finland, a cooperation network for sustainability in the built environment that promotes awareness, expertise and practices related to sustainable development.
• Confederation of Finnish Construction Industries RT (CFCI)minorOthersAs a member of RT, Jatke adheres to CFCI's guidelines and participates in its activities, including development of occupational safety and safety campaigns.
• Building 2030 ConsortiumminorStrategic or Co-development PartnerJatke is part of Building 2030 consortium where leading construction companies and Aalto University jointly develop and promote the vision for Finnish construction industry for 2030, preparing for digitalisation, rapid urbanisation and climate change.
• RAIN3 Research ProjectminorStrategic or Co-development PartnerJatke participates in RAIN3 R&D project aiming to continue and boost change in the construction industry, supporting Lean principles and methods for improving client value, productivity, people development and green transition.

Scale indicators8 records

Recent moves11 records

Expansion highlights6 records

Emerging players

• Consti: Consti is a Finnish specialist in renovation and refurbishment construction, listed on the Helsinki Stock Exchange. It competes directly with Jatke's renovation and facade subsidiaries (Jatke Toimitilat, Jatke Julkisivut) for housing-association and commercial renovation tenders.
• Bonava: Bonava is a Nordic residential developer and contractor with active operations in Finland. While more developer-led than construction-led, it competes with Jatke's own development (omaperusteinen tuotanto) and residential construction business for site acquisitions and end-customer sales.
• Kreate: Kreate is a Finnish infrastructure and construction company focused on complex infrastructure and structural projects. While more infrastructure-heavy than Jatke, it occasionally overlaps on commercial and structural construction projects and competes for some of the same public-sector clients.

Direct peers

• SRV: SRV is a Finnish construction and project development peer with significant operations in residential and commercial construction and developer-led projects. Like Jatke, it operates in the Helsinki metropolitan area and competes for similar institutional and housing-association contracts.
• Hartela: Hartela is a Finnish construction company focused on residential, commercial, and renovation projects, particularly in the Helsinki metro and other growth centers. It competes head-to-head with Jatke for residential and commercial tenders and serves similar housing-company and developer customers.
• YIT: YIT is Finland's largest construction company and the closest direct competitor. It operates across residential, commercial, and infrastructure construction in Finland and selected international markets, directly overlapping with all of Jatke's service lines and serving the same institutional and housing-company customers.

Broad incumbents

• NCC: NCC is a leading Nordic construction and property development company with Finnish operations across residential and commercial construction. Its broad Nordic footprint and scale overlap with Jatke's commercial and renovation segments.
• Peab: Peab is a major Swedish construction and civil engineering group with Nordic operations including Finland. Its scale and Nordic procurement capabilities position it as a broader incumbent peer competing for larger commercial and public-sector tenders that Jatke also targets.
• Skanska: Skanska is a major Nordic/global construction incumbent with significant Finnish operations in commercial, residential, and infrastructure. As a larger diversified incumbent, it competes with Jatke for major commercial and public-sector projects while also drawing on cross-Nordic scale advantages.

Regional players

• Lujatalo: Lujatalo is a Finnish construction company with strong presence in residential and commercial construction, including renovation. It competes with Jatke across the Finnish market and offers comparable services in new construction and renovation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries5 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 Jatke