Tag: Nordec

A massive industrial steel frame being erected with a beautiful sunset behing

Nordec’s 2025: Good profitability and strong balance sheet enable investments in efficiency and capacity together with new ERP system

 

Nordec Oy | Press release Tue, Mar 31, 2026 07:30 CET

Nordec continued to invest in developing its production capacity and processes as well as building a new ERP system in preparation for future profitable growth in accordance with Nordec’s updated strategy.

Key highlights 

  • Revenue of EUR 236.7 million, down from EUR 287.3 million in 2024. 
  • Good level of profitability, with EBITDA at EUR 13.4 million (5.7% margin). 
  • Fast growth in data centre related construction, while industrial construction remains active and logistics sector investments show signs of recovery. 
  • Over 80% of Nordec’s revenue was generated outside of Finland. The Group expanded its presence in Central Europe with the opening of a new subsidiary in Germany. 
  • Safety performance improved further, with LTIF at a record-low level of 5.4. 
  • Investments continued with focus on improving production capacity and efficiency as well as implementing a new ERP system. 

Signs of recovering investments and demand in the markets 

The construction industry faced continued uncertainty in 2025, with economic recovery progressing slower than expected. Nordec’s decades of experience, diversified geographic presence and operations across multiple customer segments helped the company navigate the challenging environment. 

Nordec won several important data centre construction projects. At the same time, green steel construction, other industrial projects and multi-storey construction continued to show solid demand. Investments in the logistics sector also started to pick up after a few weaker years. 

Stegra AB’s green steel plant project in Sweden and the Laakso Joint Hospital project in Finland continued, together with multiple large-scale data centre projects across the Nordics and Central Europe. Other projects starting or ongoing in 2025 included the Fazer chocolate factory in Finland, Ostroleka power plant construction project in Poland, Jihlava Multifunction Arena in Czechia, Verdion Södertälje and Solar Kumla logistics centres in Sweden, as well as Mack Øst hotel and Spektrumkvarteret office and congress buildings in Norway. 

Continuing to strengthen foundations for future profitable growth 

Nordec renewed its growth strategy at the end of the year and confirmed the Group’s ambitions to grow profitably. Factory modernisation investments and the implementation of a new ERP system progressed according to plan. 

Nordec continued to build momentum in its climate initiatives and reduce its carbon footprint. Nordec’s new NORDEC CYCL2e building concept contains several solutions that support customers’ sustainability targets, including Environmental Product Declarations, project-specific Life Cycle Assessments and NORDEC HYBRID FRAM2e. Nordec released its first sustainability report in early 2026, providing a more in-depth view of its sustainability activities and targets. The sustainability report is available at www.nordec.com. 

Nordec’s safety performance improved further in 2025, and LTIF (Lost Time Incident Frequency) reached another record-low level of 5.4. This remains well below the average in the Finnish construction industry. Nordec launched a welder training programme and strengthened employer branding through new career pages and a recruitment tool, while leadership development and workforce availability were key focus areas. 

“While slow recovery and uncertainty in the construction market continued throughout 2025, we pushed forward with our development investments and initiatives to facilitate future profitable growth. Despite the challenges, we managed to deliver a good level of profitability and strengthened our presence, particularly in Central Europe, by opening a new unit in Germany and winning several important projects in the region. The Nordic markets also continued to deliver solid performance. We are currently seeing a number of important industrial and data centre projects move from planning to implementation, and our broad market presence – together with our own design, production and installation capabilities and development investments – positions us well for profitable growth in the future.”

Kalle Luoto 
CEO, Nordec Group 

The press release is available here.

Practical design experience for summer trainees at Nordec

What is it like to spend a summer working in structural design? Each summer, Nordec welcomes students to join different teams for hands-on experience in real projects. For Isa Jutila and Robin Knuts, who joined the design department in Vaasa, it meant gaining practical skills, contributing to ongoing projects, and becoming part of a professional team.

Starting out

Isa and Robin worked as design trainees at the Vaasa office in Finland. They first became familiar with Nordec during their studies.

Isa first came across Nordec in a Tekla Structures course at Novia UAS. “It sounded like a good opportunity to learn the program in a professional setting,” she says.

Robin learned about Nordec through other students at Aalto University. “Compared to other areas in construction, design has caught my interest the most. So applying for a trainee position here felt like the right step.”

Getting into the work

After an introduction period, both began working on project tasks such as 3D modelling, structural drawings and manufacturing drawings for elements including columns, beams, trusses and connection details.

This gave them a better understanding of how design connects to production. “One highlight was visiting the Peräseinäjoki factory,” Robin says. “Seeing the components we had modelled being manufactured helped connect everything.” Isa adds: “The factory visit gave a sense of the scale of the structures, which you do not fully get from drawings alone.”

Learning in practice

Isa says she became more confident using Tekla and gained insight into how classroom theory is applied in practice. “It helped me see the link between what we study and what actually happens in design work.”

Robin says he deepened his understanding of steel design and now feels more prepared for upcoming studies. “Everything from planning to dimensioning steel structures has been useful. It has motivated me to learn more, and it will make future studies more concrete.”

Students gaining practical experience in structural design at Nordec

Design summer trainees at Vaasa Nordec

The team effect 

Both describe the team environment in Vaasa as a key part of their experience.

“The atmosphere was positive and supportive,” Isa says. “Everyone was kind and helpful, and I always felt comfortable asking questions.” Robin agrees. “Everyone had the right knowledge and was willing to help. It made a big difference. A good team environment increases motivation, and I have experienced that first-hand.”

Looking back 

By the end of the summer, both agreed that the experience had been valuable. “I have learned a lot and felt like a valued part of the team,” Isa says. “The best part for me was the people and the knowledge I gained,” Robin adds.

Each summer, Nordec trainees like Isa and Robin gain hands-on experience, apply their studies to real projects and develop confidence working alongside experienced colleagues.

Applications for summer 2026 trainee positions will open in the spring. More about working at Nordec on our careers page.