What Wasacon Oy does

Wasacon Oy is a Finnish construction services firm headquartered in Vaasa and founded in 1996. The company operates as a regional turnkey contractor, delivering KVR-urakka (total contracting) services, project management, and the integrated Wasa360 service model from design through implementation and post-completion. Its customer base spans property funds and investors, project developers, business end-users, and municipalities, primarily across the Ostrobothnia region with growing exposure elsewhere in Finland.

The company's service offering covers the full build lifecycle: planning and design coordination, project management, construction execution, and post-completion services. Wasacon holds ISO 9001 (quality) and ISO 14001 (environmental) certifications and operates as part of the broader WasaGroup consortium, which bundles complementary capabilities including WasaPlan (design services), WasaSteel (steel structures), and the Wasa360 integrated delivery model. Its commercial client roster includes POP Pankki Pohjanmaa, Botnia Marin, Autoklinikka, Jula, Hööks, Kesko (K-Supermarket), and Clas Ohlson, alongside municipal clients such as Ilmajoki, Tuusula, Kurikka, and Vaasa.

The business model is project-based contracting, with revenue derived from individual construction engagements rather than recurring streams. Wasacon is privately held, employs 11-50 people, and achieved the Suomen Vahvimmat Kulta 2026 (Strongest in Finland Gold) credit rating certification. Recent project activity includes the POP Pankki bank building in Kauhava and the Ravilaakso residential development in Vaasa (both 2026), the Koskenkorvan koulu school project for Ilmajoki municipality, and continued municipal work across multiple Finnish regions.

Name

Wasacon Oy

Legal name

WasaCon Oy

Website

https://wasacon.fi

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Wasacon Oy is a Finnish turnkey construction contractor headquartered in Vaasa, delivering KVR-urakka, project management, and the Wasa360 service model to commercial enterprises, property investors, and municipalities primarily in the Ostrobothnia region.

Ownership category

akta.pro rank

Headquarters

HQ city

Vaasa

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Construction project revenue: WasaCon generates revenue through construction project contracts, primarily as general contractor (pääurakoitsija) and KVR-urakoitsija (total contractor). Projects include residential construction, commercial/retail facilities, industrial premises, and public sector buildings. Revenue is project-based and one-time per contract.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Wasacon Oy is a Finnish construction company providing turnkey construction contracting and real estate project management services from design to implementation. The company operates as a general contractor (pääurakoitsija) and total contractor (KVR-urakoitsija), delivering residential, commercial, retail, industrial, and public sector buildings under a single contract, single price, and single project manager model. It is part of the WasaGroup consortium offering complementary design, steel structure, and property development services.

Product overview

WasaCon Oy is a construction company operating as a comprehensive project delivery partner (yksi kumppani) that provides all services from planning to execution under a single contract. The company operates as a single unified offering rather than a platform-plus-modules architecture. Their core services include KVR-urakka (total contractor) and projektinjohtomalli (project management model), with specialized offerings for real estate funds and investors, project developers, business customers, and public sector clients. The Wasa360 service model covers the entire property development lifecycle from site acquisition to property management. Projects span residential construction, commercial property construction (toimitilarakentaminen), retail space construction (liiketilat), and public sector construction including schools, kindergartens, healthcare facilities, and sports halls.

Differentiator

Problem solved

Functional benefit

Products and services

• KVR-urakka (Total Contractor Services) Total contractor (KVR) services where Wasacon manages complete construction projects including design, execution, and delivery under a single contract for property investors, developers, businesses, and public sector clients.
• Wasa360 Service Model Comprehensive property development model covering all stages from land acquisition and financing through design, construction, and property management for real estate developers and investors.
• Projektinjohtomalli (Project Management Model) Project management contracting approach that allows concurrent design and execution planning with defined targets and budgets for clients seeking collaborative construction delivery.
• Asuntorakentaminen (Residential Construction) Multi-story residential construction projects delivered for housing companies and real estate investors.
• Toimitilarakentaminen (Commercial Property Construction) Construction of commercial and industrial properties including warehouses, factories, logistics centers, and office buildings for business end users.
• Liiketilat (Retail Space Construction) Construction of retail spaces including supermarkets, shopping centers, and retail stores for retail chains and commercial tenants.
• Julkiselle sektorille (Public Sector Services) Construction services for municipalities and government entities, including schools, kindergartens, healthcare facilities, sports halls, and other public buildings.

Named customers11 records

Segments4 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.

• WasaGroupcoreStrategic or Co-development PartnerWasaCon is an integral part of WasaGroup consortium, which provides complementary services including WasaPlan (architectural and structural design), Wasa360 (comprehensive property development model), and WasaSteel (steel structures). This integration allows WasaCon to offer comprehensive construction services from design through implementation.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Skanska Finland: Finnish arm of Swedish-headquartered Skanska, one of the largest construction developers in the Nordics. Competes with WasaCon for commercial, public sector, and infrastructure builds, with greater scale and capital resources.
• SRV Yhtiöt: Finnish project development and construction company specializing in commercial and public sector projects, often under developer-contractor models. Comparable to WasaCon's KVR and project management offerings.
• NCC Finland: Nordic construction group with significant Finnish operations spanning residential, commercial, and civil works. Comparable as a multi-segment construction services provider competing for the same enterprise and public clients.
• YIT Corporation: Finland's largest construction company, operating across residential, commercial, and infrastructure segments nationwide. YIT is the dominant domestic incumbent that WasaCon competes against in tendering for institutional and residential projects.
• Peab: Swedish construction and civil engineering group with Nordic-wide operations. Competes with WasaCon for cross-border commercial and public sector clients in Finland.

Regional players

• Destia: Finnish infrastructure and construction contractor with strong public sector relationships. Adjacent peer competing for some of the same municipal and infrastructure mandates as WasaCon.
• Lujatalo: Finnish family-owned construction company with operations across Finland, focused on residential, commercial, and industrial construction. Comparable mid-sized regional contractor.
• Consti: Finnish contractor specializing in renovation and building services with nationwide coverage. Comparable as a Finnish construction services provider targeting institutional and corporate clients.

Direct peers

• Hartela: Finnish mid-sized construction company focused on residential, commercial, and public sector projects across multiple regions. Closely comparable in scale, geographic breadth, and customer segments to WasaCon.
• Pohjola Rakennus: Finnish construction firm delivering residential and commercial builds primarily in growth centers. Comparable mid-sized general contractor competing for similar end customers and project types as WasaCon.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/WasaConOy
• LinkedInlinkedin.com/company/wasacon-oy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 Wasacon Oy