Peab AB - Company Profile
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Business Description
Peab AB (Peab) is a construction and civil engineering company. It is involved in a wide range of activities, including the construction of housing, public and commercial premises, infrastructure projects such as roads and bridges, and the development of entire city districts. Peab focuses on contract work for both external and internal customers, including new housing production, renovations and expansions, and construction maintenance. The company also builds and maintains infrastructure such as roads, railroads, and bridges, with a strong focus on public sector projects. It delivers products and services for construction and civil engineering projects, including asphalt, concrete, and prefabricated elements, under brands such as Swerock, Lambertsson, Smidmek, Byggelement and Peab Asfalt . Peab operates through a network of approximately 150 local offices across the Nordic region, organized into eleven regions in Sweden, three in Norway, and two in Finland. It has specialized housing production units in Stockholm, Gothenburg, and the Oresund region. The company classifies its operations into five reportable operational segments: Construction, Civil Engineering, Industry, Project Development, and Group Functions.
R&D Overview
Peab has undertaken several R&D initiatives focused on providing added value to society, customers, and stakeholders. The company collaborates with universities, colleges, and trade organizations and participates in industry projects. Key initiatives include the development of climate-adapted products, such as ECO-Betong (ECO-Concrete), and projects on circular material reuse, digitalization, and carbon dioxide storage in building materials. Peab has also engaged in partnerships with Swedish start-ups and participated in industry-wide programs for climate-neutral cement and concrete. Collaborations with academic institutions such as Lule University of Technology, Chalmers in Gothenburg, and The KTH Royal Institute of Technology in Stockholm are part of the company's strategic efforts in sustainable construction and innovation.
Business Segments
Overview
Focuses on building and maintaining infrastructure such as roads, railroads, bridges, ports, and pedestrian and bicycle paths. Serves the public infrastructure industry.
Performance
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Overview
Undertakes contract work for both external and internal customers, covering new housing production, public and commercial premises, renovations, extensions, rebuilding, and construction maintenance. Operates through approximately 150 local offices across the Nordic region, organized into regions in Sweden, Norway, and Finland.
Performance
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Overview
Represents other operations and activities of central companies.
Performance
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Overview
Delivers products and services for sustainable and cost-efficient construction and civil engineering projects in the Nordic market. Includes mineral aggregates, concrete, paving, temporary electricity, prefabricated concrete elements, and more.
Performance
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Overview
Manages acquisition, development, and divestment of housing, commercial property, community buildings, and entire city districts. Serves the residential, commercial, and public property industries.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Target Markets
Poland
Performance
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Performance
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