Rakennus-Kaseva Oy

What Rakennus-Kaseva Oy does

Rakennus-Kaseva Oy is a Finnish general contractor and emerging property developer headquartered in the Jyväskylä region of central Finland. The company delivers construction services across four principal verticals: residential development (including own-promoted multi-phase projects at Kivelänranta), commercial turnkey (KVR) builds, industrial and energy infrastructure (notably a 40 MW heat-pump plant for Alva-yhtiöt), and regulated defense manufacturing facilities (notably for Nammo Vihtavuori). Its project portfolio at the time of input includes municipal housing for JVA at Harjutie 7, the Ahjokatu 10 commercial KVR contract, the Alva-yhtiöt heat-pump plant, and the Nammo Vihtavuori defense build, alongside the Kivelänrannan Aava and Loiste own-promoted residential developments.

The underlying technical capability spans conventional site-built construction, multi-story residential block delivery, industrial plant construction at utility scale, and security-cleared defense-facility build-out. The business model combines fee-based contracting (industrial, commercial, municipal KVR) with developer margin capture on own-promoted residential (Kivelänrannan Aava and Loiste). Revenue mechanics are project-based with milestone billing typical of Finnish construction, and pricing is structured as fixed-price KVR contracts for most engagements. Customer segments are institutional: energy utilities, municipal housing entities, defense prime contractors, and private commercial developers.

The disclosed most-recent revenue is approximately €29.2M, up from a prior €15-25M band, with the growth driven by parallel wins across the four verticals rather than concentration in any single client. The competitive position rests on regional execution credibility, qualification-driven access to defense and utility work, and the developer-contractor integration that lets the firm capture both construction fees and development upside on residential land in the Jyväskylä area.

Name

Rakennus-Kaseva Oy

Legal name

Rakennus-Kaseva Oy

Website

https://rakennus-kaseva.fi

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Rakennus-Kaseva Oy is a Finnish general contractor and emerging residential developer executing residential, commercial, industrial, and defense construction projects — including own-promoted housing at Kivelänranta — for institutional clients in the Jyväskylä region.

Ownership category

akta.pro rank

Product category

General Construction

NAICS

Construction (23), New Housing For-Sale Builders (236117)

SIC

Operative Builders (1531), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

New Construction & Builder Sales (BPAJAAAB)

Keywords

• General construction services
• Residential construction
• Building renovation
• Construction contracting
• Property development

Headquarters

HQ city

Jyväskylä

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Construction contracting and project management services: General construction contracting services (KVR, turnkey, total, divided, developer-led contracts) for as-needed project fees. Services delivered to private developers, municipalities, and public institutions across residential, commercial, and industrial segments.
2. Own residential development (RS-kohde / vapaarahoitteinen): The company develops and sells its own apartment buildings (own-perceived RS housing companies), generating one-time transaction revenue from apartment and commercial unit sales to end buyers.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Rakennus-Kaseva Oy is a full-service traditional construction firm operating in Central Finland, delivering new construction and renovation services for residential, public-sector, and commercial/industrial buildings under multiple contract models (KVR, total, divided, developer-led). In addition to contracting services for clients, the company acts as an own-developer — planning, building, and selling apartments in self-developed housing cooperatives (RS-kohteet) directly to individual buyers.

Product overview

Rakennus-Kaseva Oy is a construction company providing comprehensive building services rather than a unified software product. The company operates in Central Finland with a portfolio spanning four core service areas: residential construction (asuntorakentaminen), renovation (korjausrakentaminen), public construction (julkinen rakentaminen), and commercial/industrial construction (toimitila- ja teollisuusrakentaminen). Their offering also includes contracting services with multiple contract models (KVR-urakka, kokonaisurakka, jaettu urakka, perustajaurakka) and property development services. Key named construction projects include Kivelänrannan Loiste and Aava (lakeside apartments in Jyväskylä), Laukaan Saraveden Kippari (Lake Saravesi apartments), Jyväskylän Nisulanpiha (residential complex), Lämpöpumppulaitos Alva (heat pump plant), and Gradia Harju A2 renovation. Projects frequently carry P1 and Terve Talo (Healthy Building) certification standards. The company was founded in 2011, employs approximately 40 professionals, and serves a 100km radius from Jyväskylä.

Differentiator

Problem solved

Functional benefit

Products and services

• Asuntorakentaminen (Residential Construction) New residential building construction including apartment buildings, terraced houses, and row houses for housing companies, municipalities, and private investors. Includes own-development of apartment housing cooperatives for direct sale to consumers.
• Korjausrakentaminen (Renovation) Renovation and modernization services for existing buildings including indoor air repairs, façade renovations, and functional conversions. Delivered across residential, public, and commercial buildings.
• Julkinen rakentaminen (Public Construction) Construction services for public-sector clients including schools, healthcare facilities, and municipal buildings. Projects frequently carry P1 and Terve Talo certification.
• Toimitila- ja teollisuusrakentaminen (Commercial and Industrial Construction) Construction of commercial properties, office buildings, retail spaces, and industrial facilities for private companies and developers.
• Urakointipalvelut (Contracting Services) General contracting services including project management and multiple contract models: KVR-urakka (design-build), total contracts, divided contracts, and developer contracts (perustajaurakka). Services extend to property development including land acquisition, design, and investor relations.
• As Oy Jyväskylän Kivelänrannan Loiste Apartment building project on Tuomijärvi lakeside in Jyväskylä, featuring lakeside views, landscape balconies, south-facing plots, and solar panels. Second phase of a housing series; apartments sold directly to individual buyers.
• As Oy Jyväskylän Kivelänrannan Aava Completed apartment building in Jyväskylä near Lake Tuomiojärvi. Features south-facing plots, large landscape balconies with sliding glass doors, floor heating, apartment-specific ventilation, and rooftop solar panels. Two apartments remained for sale at completion.
• Asunto Oy Laukaan Saraveden Kippari Five-story move-in ready apartment building in Laukaa centre on the Lake Saravesi shoreline with 17 apartments, all with lake views, south-facing full-glass balconies, floor heating, and apartment-specific ventilation.
• As Oy Jyväskylän Nisulanpiha Residential building complex near Jyväskylä's sports facilities and Viitaniemi nature area. Two moderate-sized buildings forming a traditional apartment community with flexible floor plans, coming to pre-marketing.

Quantifiable outcome

• On-time project delivery — company emphasises adherence to agreed schedules as a key competitive factor.
• +2 more outcomes

Named customers10 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

Partnerships

One partnership is on record.

• Mattoasennus NiinimäkiminorChannel Partner/ Reseller/ DistributorMattoasennus Niinimäki is a flooring installation subcontractor that has worked as a subcontractor on Rakennus-Kaseva projects for over a decade. The partnership is characterised by mutual trust, reliable oral agreements, and short payment terms (21 days). Niinimäki provides floor coverings including vinyl plank, laminate, parquet, and carpet installation across new and renovation projects.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• JM Suomi Oy: Nordic residential developer with Finnish operations focused on new-build apartments. JM is comparable on the own-development/RS-kohde side of Kaseva's business.
• Hartela Oy: Finnish construction company focused on residential and commercial building, with strong regional operations across Finland. Hartela is a direct comparable in scale, business model and segment mix.
• Lujatalo Oy: Regional Finnish construction company with comparable residential, commercial and public-sector projects across multiple regions. Similar mid-sized footprint and segment mix make it a close peer.
• Consti Yhtiöt Oyj: Finnish construction company specializing in renovation, commercial construction and residential contracting. Consti is a direct comparable given Kaseva's renovation-heavy portfolio alongside new-build.
• Bonava Suomi Oy: Nordic residential developer active in Finland building and selling new apartments in regional cities. Bonava is a direct peer for Kaseva's own apartment development and sale pipeline.

Broad incumbents

• SRV Yhtiöt Oyj: Publicly listed Finnish construction company active in residential, commercial and public-sector construction, including developer-led projects. SRV is a broad incumbent with directly comparable contracting and own-development activities.
• YIT Oyj: Largest Finnish construction and real estate developer, active across residential, commercial and public infrastructure. YIT is a broad incumbent with significant overlap in the new-build residential and contracting markets Kaseva serves.
• Skanska Oy: Finnish arm of global construction group Skanska, covering residential, commercial and public infrastructure. A broad incumbent whose non-residential building contracting closely parallels Kaseva's public-sector work.
• Peab Oy: Nordic construction group with Finnish operations across residential, commercial and civil construction. Comparable to Kaseva in delivering mid-sized building projects in regional Finnish markets.

Others

• NCC Suomi:

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rakennus-kaseva
• Facebookfacebook.com/rakennus.kaseva

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Rakennus-Kaseva Oy