News
Peab first construction company with fossil free steel from SSAB
Peab and SSAB have entered into a partnership concerning fossil free, high quality steel. This means Peab is the first construction company to secure access to SSAB’s fossil free steel for its construction projects.
Peab will partner with the European Green Capital 2021
Peab Asfalt continues its investment in sustainable development by becoming a main partner to the European Green Capital (EGCA) Lahti 2021. This will also be the launch pad for ECO-Asfalt in Finland. The investment will cut greenhouse gas emissions from Finnish asphalt production in half – starting in Lahti.
Swerock invests in electrically driven transportation
In collaboration with Volvo Lastvagnar Peab’s subsidiary Swerock will begin test driving completely electric transportation solutions for the construction industry. This means that Swerock will run a concrete mixer truck and a hook lift truck in daily operations during two years. The trucks have been produced to meet the growing demands for less...
Peab strengthens its local presence in the Nordic region
As of today, April 1, 2020, Peab will have 1,700 new employees. Through the deal with Finnish YIT and the takeover of its paving and mineral aggregates business Peab will expand its operations, particularly in Finland and Norway. In addition, Denmark will become a new country for the Peab Group through the paving business.
Peab’s acquisition of YIT’s Nordic paving and mineral aggregates business is approved by the EU Commission
Peab has received approval by the EU Commission (phase 1) to finalize the acquisition of YIT’s Nordic paving and mineral aggregates business in Finland, Norway, Denmark and Sweden. The acquisition will be finalized on April 1, 2020 and the business will be consolidated into the Peab Group as of that date.
