Mirlux Oy

What Mirlux Oy does

Mirlux Oy is a privately held Finnish construction and real estate development company headquartered in Helsinki (Porthaninkatu 7). Founded in 2016, the company operates three integrated service lines: Kiinteistökehitys (Property Development), which identifies and develops residential, warehouse, and commercial spaces in Southern Finland; Pääurakointi (Main Contracting), providing full project management including procurement, workforce, scheduling, and budgeting; and Urakointi (Contracting), execution of construction projects ranging from large installations to minor repairs. The company reports 800+ completed projects and 60+ personnel, with a latest disclosed revenue of €24.7M. Mirlux also maintains a heritage restoration capability demonstrated by restoration of a 1914 wooden school for Stara Helsinki.

Mirlux serves a mix of government and enterprise clients. Public-sector work includes the Helsinki's new Pasila primary school and daycare (with approximately 6,500 m² of partitions, 5,000 m² of wall claddings, and 17,000 m² of suspended ceilings delivered by Mirlux), the Karamzinin koulu roof renovation in Espoo, and the Stara Helsinki heritage restoration. Enterprise work includes a joint acquisition with Evernord Real Estate Fund VI of Kiinteistö Oy Mannerheimintie 168B from Kojamo Oyj, where Mirlux acts as minority owner, operational developer, and future property manager of a 56-apartment mixed-use complex on Mannerheimintie in Helsinki. Beyond construction, the Evernord partnership positions Mirlux as the Finnish operating partner for an institutional capital provider with over €350M AUM across the Baltics, Spain, and the Nordics.

The revenue model is project-based professional services across construction contracting, with project development income layered on through property ownership and management. Pricing is quote-based and not publicly disclosed. Distribution is sales-led and regional, relying on direct engagement with property owners, developers, and public procurement (Helsinki City, Espoo, Stara). Mirlux markets via its website contact form, LinkedIn, Facebook, and Instagram, supported by a news/blog channel that publicizes project milestones. The company holds the Arvostettu työpaikka® (Appreciated Workplace) certification for 2025-2026 with a 92% employee satisfaction rating.

Name

Mirlux Oy

Legal name

Mirlux Oy

Website

https://mirlux.fi

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Mirlux Oy is a Helsinki-based construction and real estate development firm offering property development, main contracting, and construction services across Southern Finland, serving government, enterprise, and residential clients with 60+ personnel and 800+ completed projects.

Ownership category

akta.pro rank

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Kiinteistökehitys (Property Development): Real estate development services in Southern Finland, searching for and developing residential, warehouse, and commercial spaces. Revenue generated through property acquisition, development, and sale or lease of completed properties.
2. Pääurakointi (Main Contracting): Full project management for construction projects including procurement, workforce, scheduling, and budget control from start to finish. Revenue generated through construction contracts.
3. Urakointi (Contracting): Construction services for projects of all sizes, from large installations to minor repairs. Revenue generated through project-based construction contracts.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Mirlux Oy is a Finnish construction and real estate development company providing three integrated services: Property Development (residential, warehouse, and commercial spaces in Southern Finland), General Contracting (complete project management from procurement to budget), and Construction Services for projects of all sizes. The company specializes in interior construction, light partition walls, wall claddings, suspended ceilings, and both modern construction and heritage restoration.

Product overview

Mirlux Oy is a Finnish construction and real estate development company offering three integrated core services: property development (Kiinteistökehitys), general contracting (Pääurakointi), and construction services (Urakointi). The company operates primarily in Southern Finland, managing the full lifecycle of construction projects from property identification and development through to complete project execution and delivery. The three services work together to provide comprehensive solutions—from finding and developing properties to managing all aspects of construction projects to final delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Kiinteistökehitys (Property Development) Property development service specializing in residential, warehouse, and commercial spaces in Southern Finland. The company identifies and develops properties to meet client needs or optimize existing property usage, including acquisition, development, and sale or lease of completed properties.
• Pääurakointi (General Contracting) Comprehensive general contracting service that manages entire construction projects from start to finish, including procurement, workforce, schedules, and budgets to ensure professional execution.
• Urakointi (Construction Services) Construction services for projects of all sizes, from large installations to minor repairs, delivered with professional expertise and efficiency ensuring quality results. Specializes in interior construction including light partition walls, wall claddings, and suspended ceilings, as well as heritage restoration.

Quantifiable outcome

• 800+ completed projects
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• NCC (Finland): Major Nordic construction and property development company with significant Finnish operations; a broader incumbent competing for the same tenders and development opportunities as Mirlux but at materially larger scale.
• Skanska (Finland): Global construction and development firm with established Finnish operations covering commercial building, residential, and civil infrastructure; overlaps with Mirlux on Helsinki commercial and public-sector projects at much larger scale.
• Peab (Finland): Major Nordic construction and civil engineering group with Finnish operations in building construction and housing development; broader incumbent competing with Mirlux in Southern Finland.

Direct peers

• Bonava: Nordic residential property developer active in Finland developing multi-family housing; comparable to Mirlux's residential development segment, especially for institutional capital partners like Evernord seeking Finnish residential pipeline.
• YIT Corporation: Largest Finnish construction and property development company, active in residential, commercial, and infrastructure projects across Helsinki and broader Finland — a direct comparable to Mirlux's property development and contracting model, though at significantly larger scale.
• SRV Yhtiöt: Finnish project management contractor and developer specializing in shopping centers, residential, and mixed-use projects — closely comparable to Mirlux's Pääurakointi and Kiinteistökehitys service lines in the Helsinki metropolitan area.
• Lehto Group: Finnish construction and property developer focused on residential and commercial projects with an integrated factory-built approach; comparable to Mirlux as a mid-sized Finnish developer-contractor, though larger and publicly listed.
• Hartela: Finnish construction and property development company building residential, commercial, and mixed-use projects mainly in growth centers including Helsinki region — a near-direct comparable to Mirlux's property development and contracting model.
• Fira: Finnish construction and development firm specializing in residential, commercial, and modular construction; comparable in size and service mix to Mirlux with overlapping presence in the Helsinki market.
• Consti Yhtiöt: Finnish renovation and construction services company serving both public and private clients in major Finnish cities; directly comparable to Mirlux's contracting and renovation capabilities, including heritage and public-sector work.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/mirluxoy
• LinkedInlinkedin.com/company/mirlux
• Instagraminstagram.com/mirluxofficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Mirlux Oy