WÄSTBYGG GRUPPEN

What WÄSTBYGG GRUPPEN does

Wästbygg Gruppen AB (publ) is a Swedish publicly listed construction and project development group headquartered in Gothenburg and operating under ticker WBGR B on the Stockholm Stock Exchange. Founded in 1981 in Borås as Wäst-Bygg and rebranded to Wästbygg in 2013, the group has operated for 45 years and today comprises three wholly-owned subsidiaries: Wästbygg AB (southern and central Sweden), Rekab Entreprenad AB (Norrland coast), and Logistic Contractor AB (Nordic-wide). The group reports approximately 350 employees and FY2025 revenue of SEK 4 billion.

The group delivers end-to-end property development, from land acquisition through to completed properties, across three business areas: Residential, Commercial including Community Service, and Logistics and Industry. Its core offering is project-based construction services rather than standardized products, supported by a self-developed residential sales platform (Wästbygg Vara Hem). Customer engagement is primarily through competitive bidding, direct negotiation, and long-term relationships with property developers, municipalities, and corporate clients. The group also markets sustainability commitments, with a stated goal of climate neutrality across its value chain by 2045.

Revenue is generated almost entirely through one-time construction contracts and project development, with order intake of SEK 3.2 billion and order backlog of SEK 3.1 billion as of end-FY2025. FY2025 operating margin was -7.1%, reflecting a profitability setback that management in its Q1 2026 interim report characterizes as moving back toward profitable operations. Marketing channels are weighted toward investor relations, press releases, sustainability communications, and a comprehensive corporate website rather than demand-generation campaigns, consistent with the B2B/enterprise field sales motion used to secure projects.

Name

WÄSTBYGG GRUPPEN

Legal name

Wästbygg Gruppen AB (publ)

Website

https://group.wastbygg.se

Company type

Public

Founded year

1981

Operating status

Operating

Headcount range

101–250 employees

Short description

Wästbygg Gruppen is a Swedish publicly listed construction and project development group operating through three subsidiaries (Wästbygg, Rekab Entreprenad, and Logistic Contractor) across residential, commercial, community service, and logistics/industrial segments in Sweden and the Nordic countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Gothenburg

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction and Project Development Services: Wästbygg Gruppen generates revenue through construction contracts and project development across three business areas: Residential, Commercial (including community service properties), and Logistics and Industry. Revenue is project-based, typically one-time construction contracts with some ongoing property development. The company operates from land acquisition through to completed properties.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Wästbygg Gruppen is a publicly listed construction and project development company that builds properties across residential, commercial, community service, logistics, and industrial sectors in Sweden and the Nordic countries. The company delivers end-to-end property development from land acquisition through to completed buildings, operating through three wholly-owned subsidiaries: Wästbygg AB (southern and central Sweden), Rekab Entreprenad AB (Norrland coast), and Logistic Contractor AB (Nordic region). The group also operates Wästbygg Vara Hem, a platform selling its self-developed residential properties.

Product overview

Wästbygg Gruppen is a listed construction and project development company offering a portfolio of three subsidiary brands plus a residential sales platform. The group operates across three business areas: Residential (homes for sale through Wästbygg and Rekab), Commercial including community service properties (through Wästbygg and Rekab), and Logistics and Industry (through Logistic Contractor). Wästbygg AB and Rekab Entreprenad AB serve local markets in southern/central Sweden and the northern Swedish coast respectively, while Logistic Contractor AB provides logistics, industrial, and commercial property services across all Nordic countries. The group offers both construction services and full project development from land acquisition to completed properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Wästbygg AB

Quantifiable outcome

• 4 billion SEK revenue in 2025
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Skanska: Large Nordic-headquartered construction and project development group with global operations; overlaps with Wästbygg in Swedish residential, commercial and public-sector builds but at much larger scale and broader geographic reach.

Direct peers

• JM: Swedish residential property developer focused on new housing in growth markets; comparable to Wästbygg's self-developed residential business and the Vara Hem sales platform.
• Bonava: Nordic and German residential developer producing multi-family and single-family homes; closely comparable to Wästbygg's residential development arm in target markets and project-based revenue model.
• NCC: One of Sweden's largest construction and property development companies, active in residential, commercial and infrastructure—direct overlap with Wästbygg's residential and commercial business areas.
• Oscar Properties: Smaller Swedish property developer focused on premium residential projects in Stockholm—comparable in the self-developed residential niche, though at smaller scale and with a more design-led positioning.
• YIT: Finnish construction and property development company active in housing, commercial and infrastructure across the Nordics—comparable scale and end-market mix to Wästbygg.
• AF Gruppen: Norwegian construction and property group with activities across building, civil engineering and offshore—comparable Nordic contractor peer with overlapping building and property segments.
• Veidekke: Norwegian-headquartered construction and property development group with Nordic operations in residential, commercial and civil infrastructure—comparable to Wästbygg via Logistic Contractor's Nordic presence.
• Peab: Swedish general construction and civil engineering contractor operating across residential, commercial and infrastructure—directly comparable business mix and Nordic footprint to Wästbygg Gruppen.

Others

• Catena: Nordic logistics and industrial property owner-developer; not a builder but a key customer/partner for Logistic Contractor's logistics facility development pipeline.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks1 record

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/wastbygg-group

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 WÄSTBYGG GRUPPEN