NYAB signs agreement with Svenska Kraftnät for grid expansion
The agreement, valued at approximately SEK 1.6 billion, covers the construction of a new 400 kV overhead line in Norrbotten within the Letsi–Svartbyn phase 2 project.
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Engineering, construction, and maintenance services provider
nyabgroup.comLast updated
In short: NYAB reported strong 2025-26 growth with record orders: a SEK 6.5bn tramway deal, a SEK 1.6bn grid contract, and data center projects.
The agreement, valued at approximately SEK 1.6 billion, covers the construction of a new 400 kV overhead line in Norrbotten within the Letsi–Svartbyn phase 2 project.
Q2 revenue rose 19% to EUR 161.9m. Operating profit surged 45%. Order backlog hit a record high.
The turnkey project for Fingrid includes a six-bay AIS switchyard, control building, and backup power generator. Construction runs from August 2026 to end of 2028.
The order is valued at SEK 6.5 billion and includes 17 km of double track and 22 tram stops.
Industrial technology company Nyab has signed an agreement for the first phase of preparatory work for a planned data center campus in Utajärvi, Finland.
Nyab AB is a Sweden-based construction company. The Company focuses on offering engineering, construction, and maintenance services for public and private sector clients within en...
The construction company Nyab reports increased turnover in the second quarter compared with the same period last year.
NYAB AB is a specialised contractor and provider of projects and services across energy, infrastructure and industry. Its offering comprises advisory, engineering and project management...
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