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Hallströms and Nisses AB; a company whose market was Stockholm and northern Sweden, supplementing Peab's market coverage. The first international expansion occurred in 1994, when Peab acquired Fagbygg A/S in Norway, which later merged with NOR Gruppen A/S, making it the fourth largest
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In 2011, Mats
Paulsson stepped down as CEO, moving into the position of Vice Chairman of the Board. Erik Paulsson with family sold their shares in Peab to Mats Paulsson and his family in 2014.
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and Mats
Paulsson, then aged 16 and 14 respectively, to help farmers with refuse collection and disposal. However, the current name wasn't used until 1967, when the brothers created the
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Construction is the largest business area, accounting for almost half of the operative net sales and share of employees in 2013. Approximately 80% of the sales were located in Sweden.
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construction company in Norway. In 1999 the company entered the
Finnish market, after acquiring Rakennus OY Leo Heinänen, which was complemented with Seicon and Vasa Betong in 2003.
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Bröderna
Paulsson Peab AB, shifting focus towards construction at the same time. The company expanded in southern Sweden by acquisitions throughout the '70s and '80s.
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376:. A high level manager was bribed with a sailing boat by a subcontractor. In addition, founder Erik Paulsson was charged with bribery of city director
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312:, with annual revenues exceeding SEK 50 billion. Peab has approximately 130 regional offices and 14,578 employees in Sweden, Norway and Finland.
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Peab is organized into four business areas, serving both external customers and internally, to other units in the company:
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Civil
Engineering — Offers civil engineering on infrastructure projects, as well as maintenance of roads
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Construction — Performs contract work for new construction, renovation and maintenance
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655:"Erbjudande till aktieägarna och konvertibelinnehavarna i Peab Industri AB (publ)"
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PEAB has been involved in a number of bribery scandals during the construction of
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Project
Development — Offers housing and commercial property development services
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Stockholm. It is the third largest construction company in Sweden and the
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782:"Unik mix ger en storslagen vardag - Peab utvecklar Arenastaden i Solna"
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Peab finally reached national coverage in 1991, after a merger with the
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Construction and civil engineering companies established in 1959
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The foundation of Peab was laid in 1959 by the brothers
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Construction and civil engineering companies of Sweden
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746:"Solnas stadsdirektör tog mutor vid arenabygget"
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680:"Generationsväxling bakom aktieaffär i Peab"
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732:"SVD: Peab anställd gripen för mutbrott"
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867:Swedish companies established in 1959
857:Companies listed on Nasdaq Stockholm
556:"Peab AB - Bokslut & Nyckeltal"
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151:(Vice Chairman, major shareholder)
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804:"Scandic Victoria Tower i Kista"
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603:"Peab AB - Företagsinformation"
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660:(in Swedish). Peab. p. 31
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706:"Familjerna gör upp om Peab"
16:Swedish construction company
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558:(in Swedish). Alla Bolag
514:(in Swedish). Solid Info
760:"Friends Arena i Solna"
406:Scandic Victoria Tower
710:Helsingborgs Dagblad
487:"Annual Report 2013"
220:Number of employees
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806:(in Swedish). Peab
784:(in Swedish). Peab
762:(in Swedish). Peab
261:Annual Report 2013
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512:"Koncernstruktur"
294:civil engineering
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94:and Mats Paulsson
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712:. 7 April 2014
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538:. Retrieved
534:"About Peab"
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290:construction
288:olag ) is a
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272:(originally
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230:Subsidiaries
206:Total assets
99:Headquarters
75:Sweden (1959
66:Construction
34:Company type
810:18 November
788:18 November
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716:18 November
690:18 November
684:Sydsvenskan
664:18 November
636:18 November
587:18 November
562:18 November
540:18 November
518:18 November
496:18 November
400:Arenastaden
392:, Stockholm
390:Tele2 Arena
280:ntreprenad
211:SEK 32.276
841:Categories
612:2019-02-21
465:References
333:OTC-traded
306:NASDAQ OMX
196:SEK 2.057
191:Net income
181:SEK 2.445
111:Key people
38:Aktiebolag
125:President
46:Traded as
578:"PEAB B"
413:See also
276:aulsson
234:Peab A/S
142:Chairman
105:, Sweden
62:Industry
459:Gotland
449:Skanska
408:, Kista
402:, Solna
316:History
298:Förslöv
270:Peab AB
243:Website
236:Peab OY
213:billion
198:billion
183:billion
168:billion
166:50.395
160:Revenue
103:Förslöv
88:Founder
77: (
72:Founded
54::
20:Peab AB
632:. Peab
582:NASDAQ
536:. Peab
492:. Peab
454:NCC AB
302:Scania
224:14 578
56:PEAB B
658:(PDF)
490:(PDF)
812:2014
790:2014
768:2014
718:2014
692:2014
666:2014
638:2014
589:2014
564:2014
542:2014
520:2014
498:2014
322:Erik
292:and
284:ktie
248:peab
127:and
92:Erik
79:1959
250:.se
164:SEK
129:CEO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
