Srv Yhtiot

Srv Yhtiot

An innovative construction company that provides end-to-end solutions and assumes customer-focused responsibility for the development, construction and commercialisation of projects.

HQ location
Espoo, Finland
Website
Launch date
Company register number
1728244-6
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DateInvestorsAmountRound
N/A

€0.0

round
N/A

€0.0

round
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€40.0m

Post IPO Debt
Total Funding000k
Notes (0)
More about Srv Yhtiot
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In 1987, five construction professionals—Ilpo Kokkila, Kari Filppula, Eero Nuutinen, Jorma Haapamäki, and Kalevi Härkönen—came together to form a new kind of construction company. They called it SRV Viitoset, with 'SRV' standing for Suomen rakennusvienti (Finnish construction export) and 'Viitoset' meaning a group of five, a nod to its founders. The company's very first project was a meat processing plant in Rakvere, Estonia, signaling its international ambitions from day one. The company navigated the Finnish construction recession of the 1990s through a series of acquisitions, expanding its domestic footprint. A pivotal moment arrived in 2007 when SRV Yhtiöt went public, listing on the Helsinki Stock Exchange. This wasn't just a financial milestone; it was a strategic move to fuel growth for major undertakings, such as the development of the landmark Kamppi Center in Helsinki. SRV's business model is centered on being a project management contractor and developer, focusing on housing, business premises, and infrastructure projects primarily in Finnish growth centers. The company has been behind some of Finland's most complex construction projects, from shopping centers to underground facilities. Throughout its journey, SRV has adapted to market shifts, including a strategic decision to concentrate its efforts on the Finnish market after a period of international operations. In recent years, the company has emphasized cooperative project models and 'lifecycle-wise' construction, aiming to create sustainable and efficient urban environments. Today, SRV continues to be a major player in the Finnish construction industry, its story rooted in the vision of its five founders.

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