Investors
Market
GRK operates in the infrastructure construction market in Finland, Sweden and Estonia, where infrastructure construction markets have historically been stable and growing, and there has not been much annual volatility in the markets in recent years.
The infrastructure construction market is characterized by less exposure to cyclical fluctuations than the building construction market, as infrastructure projects are often long-term and require extensive preparation. A significant portion of the demand comes from public sector orders, which are relatively independent of economic cycles.
The market is massive
According to a study we commissioned, the size of the target market is around EUR 30 billion, which includes the euro-denominated infrastructure construction markets in Finland, Sweden and Estonia. Sweden is by far the largest market, Finland the second largest and Estonia the smallest of the regions.
Revenue development by target market
Finland
Services: Civil engineering and road construction, Paving, Rail construction and Environmental services, Power business area
Customers: Public sector, e.g. Finnish Transport infrastructure Agency, cities and municipalities, Private customers such as companies and households.
Sweden
Services: Civil engineering and road construction, Paving, Rail construction
Customers: Public sector, e.g. Trafikverket, cities and municipalities, Private customers such as companies and households.
Estonia
Services: Civil engineering and road construction, Paving, Rail construction
Customers: Public sector, e.g. Eesti Raudtee, Transpordiamet, Rail Baltica cities and municipalities.
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