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Sweco AB (publ)

Sweden Β· Market cap: $5.11B Β· P/E: 21.3 Β· P/S: 1.5

Sweco is an engineering and architecture consultancy that designs and plans buildings, roads, water systems, and energy projects for clients around the world.

Sweco is a giant advice shop for the built world. When a city needs a new subway line, a hospital needs to be built, or a power company wants to modernize its grid, they hire Sweco's engineers and architects to figure out how to do it. The company does not pour concrete or swing hammers. Its people produce the drawings, studies, and plans that tell builders what to build and how to keep it safe.

Sweco AB (SWEC-B.ST) Engineering consultancy and architecture services: line art illustration of two faceless engineers and an architect in hard hats reviewing large blueprints and a building model at a drafting table
Engineering consultancy
Sweco's engineers and architects plan buildings, roads and water systems for cities.

The firm works across several broad areas: buildings, infrastructure like roads and rail, water and environment, energy, and industry. The work is often long and technical, and clients pay for expertise they don't keep in-house. Governments and big companies choose Sweco for its scale and know-how. The main rivals are other big consultancies, including WSP Global and Arcadis, and the field is competitive. Sweco is headquartered in Sweden and is the country's largest architecture and engineering consultancy, with operations spread across Europe and beyond. Much of its revenue is recurring by nature β€” maintenance, inspections, and upgrades keep clients coming back. Its staff are its main asset, so the business rises and falls with the hiring market and with public spending on infrastructure and energy.


A big chunk of its work now rides on the green transition: helping cities cut emissions, planning renewable energy, and managing water. Those are long-term spending trends that give the business steady demand. Watch for the usual risks of a people business β€” tight competition for talent, wages, and how much governments are willing to spend on big projects in any given year.

Saved answer Β· last researched 12 Nov 2026