Sundström is growing through acquisitions and investments
In recent years, the infrastructure company Sundström has grown from a regional company to a company that operates all around Finland. This growth is the result of determined efforts and investments.
“We have invested in new equipment, which has enabled us to take on larger projects than before. Nowadays we work with projects worth up to 20 million. Our operational area covers the whole country, especially when it comes to earthworks and railway construction. Unlike before, we can also have several large projects at the same time, thanks to our investments in capacity”, says CEO Tommy Wikman.
Today, the company has a fleet of about a hundred large machines, and new ones are purchased regularly.
In 2022, Sundström also acquired the company Rautatieto, headquartered in Oulu. Rautatieto offers consulting, planning, and project services within the railway safety and electrification equipment sector. In addition, the company plans and builds telecommunication networks.
“The acquisition was strategically important for us and a natural step in our investment in railway construction”, explains Wikman.
Sundström has long been a major employer in its home region, and after the acquisition, the Group employs about 200 people. Wikman is happy that recruitment has become easier as the company has grown and become better known.
Just like many other companies, Sundström is now increasingly focusing on sustainability issues. Wikman points out that one of the biggest challenges in the industry is the reuse of stone, soil, and other materials.
“By reusing even some of the material in an infrastructure project, we can considerably reduce our carbon footprint. In that way, we can avoid excessive transport as the material is ready on site. This means we can save significant amounts of fuel since we do not need to manufacture new material. This industry, too, is increasingly thinking in terms of a circular economy”, says Wikman.