Tag: press release

Spektrumkvarteret i Oslo

Nordec to deliver steel-concrete structure for landmark Oslo Spektrumkvarteret project

Nordec Group Oy press release 12.6.2025 08.15 UTC+3

Nordec has been selected to design, manufacture and install the structural frame for the new Spektrumkvarteret project in central Oslo. Spektrumkvarteret consists of a 108.4-meter, 27-story office tower and adjacent congress building at Sonja Henies plass, being developed by construction firm HENT AS with LPO as the architect. 

The contract involves the creation of a prefabricated steel-concrete structure. Concrete elements will include 1,450 square meters of walls in the congress building and 30,000 square meters of combined hollow-core and massive slabs throughout the complex. Nordec’s scope includes full-height stairwells in the tower and multiple staircases in the congress building. 

Notable engineering aspects of the project include composite columns, welded beams, and a cantilever section extending over the street. Installation work is scheduled to begin in February 2026 with completion targeted for October 2026. 

Nordec’s Senior Vice President Minna Kuusela-Opas comments:  

“We would like to thank our customer for the trust we have received. We are happy that we can be involved in implementing this important project in such a central location in the city. This project offers us an opportunity to show our expertise, and we are committed to doing our very best to achieve the goals set for the project. We look forward to working closely with the entire project team to ensure success.” 

 

For additional information, please contact: 

Minna Kuusela-Opas
Senior Vice President, Multi-storey
+358 (0)50 380 1734, minna.kuusela-opas@nordec.com 

Mårten West
Business Area Manager, Multi-storey Norway
+358 (0)40 174 0800, marten.west@nordec.com 

 

Read our pressrelease here.

Jykia's Jyväskylä project

Nordec awarded contract for Jykia’ s Lastaustie 7 project in Jyväskylä

Nordec Group Oy press release 22.4.2025 09.20 UTC+3

Nordec Group Oy is pleased to share that Peab Oy has awarded the contract for the Lastaustie 7 project in Jyväskylä. This project involves the design and construction of steel structures and load-bearing sheets for a production building. 

Investor Spotlight

Jykia Oy, a respected property investor is known for its successful completion and long-term sustainability in various projects. With a strong presence in the Jyväskylä region, Jykia Oy is committed to enhancing the local economy through strategic investments. 

Client Collaboration

Nordec is proud to partner with Peab Oy, a renowned construction company with expertise in large-scale industrial projects. This collaboration aims to deliver exceptional results. 

Project Scope

Design and Build: Steel frame and load-bearing sheet construction. 

Milestone Achievement: Installations are about to start, with planned installation time from weeks 15 to 26 in 2025, marking noteworthy progress in the project’s timeline. 

Nordec is excited to embark on this journey, contributing to the advancement of Jyväskylä’s industrial landscape. We look forward to sharing more updates as we move forward with this transformative project. 

 

Further information:
Vesa Vaihtamo, Nordec Oy, Senior Vice President, Single Storey BU, vesa.vaihtamo@nordec.com, tel. +358 40 072 9097 

Jaakko Köninki, Nordec Oy, Commercial Development Manager, jaakko.koninki@nordec.com, tel. +358 50 559 7129 

Press release available here.

Nordec steel frames in Park Central, Gothenburg, Sweden

Nordec’s 2024: Solid revenue and strong profitability driven by Sweden and industrial green transition projects

Nordec Group Oy press release 3.4.2025 at 09.00

Nordec Group delivered strong profitability and record 53,000 tons of steel structures in 2024, despite a demanding market. The relative share of international sales continued to grow, reinforcing Nordec’s position in key markets. 

Key highlights: 

  • Revenue of EUR 287.3 million, down from EUR 329.2 million in 2023. 
  • Strong profitability, with EBITDA at EUR 21.9 million (7.6% margin). 
  • Share of international sales increased to 87%, Sweden and Central and Eastern Europe grew strongly. 
  • Continued expansion in the industrial green transition and data center related construction, while logistics sector investments remained subdued.  
  • Safety performance improved clearly, with LTIF at a record-low level of 7.3. 
  • Operational investments nearly doubled to EUR 7.4 million, focusing on factory modernization, efficiency, and working conditions. 

 

Stability through broad market presence 

The construction industry overall faced continued uncertainty in 2024, with investment decisions delayed and economic recovery progressing slowly. Nordec’s decades of experience, combined with a diverse geographic market reach and operations across multiple customer segments, helped sustain momentum in some of Nordec’s key segments such as industrial projects, particularly in green steel construction, as well as data center and multi-storey construction, where demand remained strong. 

Nordec has been involved in several major projects throughout the year, including Stegra AB’s green steel plant in Sweden, Laakso Joint Hospital in Finland, Park Central and Snäckan office buildings in Sweden, a combined cycle power plant in Poland, Lofoten Bridges in Norway and multiple large-scale data center projects across the Nordics. 

Strengthening foundations for the future 

Nordec clearly increased investments into developing its operations in 2024: factory modernization investments continued according to plan, and the implementation of a new ERP system was kicked off. 

Within sustainability, Nordec continued to offer low-carbon solutions to its customers, improved energy efficiency at the factories and released new Environmental Product Declarations (EPDs) for low-carbon products during the year. Nordec’s 2024 carbon footprint related to GHG Protocol scope 1+2 emissions represented a reduction of 49% from the reference year 2021. 

Despite the high level of activity throughout the year, Nordec’s safety performance improved substantially and Nordec’s LTIF (Lost Time Incident Frequency) reached a record low level of 7,3 at the end of 2024, which is well below the average in the Finnish construction industry. Some of the investments completed in 2024 focused on substantially improving the working conditions of personnel, which reflects Nordec’s commitment to improving the health and safety of employees. The first module of Nordec’s leadership training program was also launched in 2024, aimed at developing the managers’ skills and capabilities. 

“Despite market uncertainty, 2024 saw strong profitability, record steel deliveries, and targeted development investments. We strengthened our presence, especially in Sweden and Central and Eastern Europe, while supporting Europe’s green transition through major industrial construction projects. Our broad market presence, together with the development investments, positions us for continued success. Moving forward, we will continue improving efficiency, sustainability, and customer collaboration to ensure long-term growth, impact, and profitability. “ 

— Kalle Luoto, CEO, Nordec Group 

The press release is available here.