đžđȘ GRK â a Finnish success story in Boden
The Finnish company GRK has quickly become one of Bodenâs largest employers. Since 2019, the company has grown from 25 employees and SEK 200 million in revenue to over 100 employees and SEK 2 billion. This growth journey highlights both the companyâs expertise and Bodenâs attractiveness.
On January 17, the Norrbotten Chamber of Commerce will host a networking event in Boden focusing on Finnish-Swedish collaboration in construction, infrastructure, and energy. The event will bring together 35 selected Finnish companies, invited regional businesses in the sector, and Finlandâs Minister for Foreign Trade, among others.
An example of what such collaborations can lead to is GRK, which has successfully established itself in Boden and become an important player in the regionâs development.
Their success story in Boden began in 2020 in connection with the project to rebuild road 97 between Södra Sunderbyn and SĂ€vast into a meeting-free road. For this project, the company chose to leave its previous base in LuleĂ„ and establish itself in Boden. The move, together with the strategically important road project, became a turning point that accelerated the companyâs expansion and created new opportunities.
Founded in Finland, GRK has since grown beyond the countryâs borders. Today, GRK Sweden is headquartered at Boden Business Park in SĂ€vast, a location that has become central to the companyâs continued growth. The move has also helped to strengthen its presence in northern Sweden, where many of its projects are based.
â âBoden proved to be a perfect location for our business. It offers a unique combination of strategic location, good infrastructure and a forward-looking attitude, which has contributed to our growth,â says Mika MĂ€enpÀÀ, CEO of GRK Sweden.
Major projects drive growth
One of the projects that has been crucial to GRKâs growth is its contract with Stegra. GRK is responsible for carrying out the earthworks for Stegraâs green steel plant at Boden Industrial Park, a contract that runs until the end of 2025 and is valued at over SEK 2 billion. This is the largest contract in the history of the GRK Group and employs between 200 and 300 people.
â It is a very large area and a complex assignment, but we have succeeded thanks to our broad expertise, close cooperation with local contractors and excellent collaboration with Stegraâs management,â MĂ€enpÀÀ says.
GRKâs project portfolio is broad, and although the company operates throughout Sweden, the emphasis is on the northern part of the country. Future prospects in Norrbotten are considered to remain good, not least thanks to the many planned industrial investments in the county.
â Competitively, having local resources can be an advantage. Fly-in fly-out is a more expensive solution, but it is needed when local resources are not enough. We see Boden as a strategic location to start from, although we have several other offices in Sweden that are important for our long-term strategy,â MĂ€enpÀÀ explains.
Challenges and opportunities
Although MÀenpÀÀ sees great potential in the Swedish market, he highlights challenges such as Swedish bureaucracy and regulations. According to him, these factors can hamper innovation and efficiency, but also increase the threshold for foreign companies to establish themselves in Sweden.
â The processes for setting up in Sweden could be faster and less bureaucratic to facilitate access to resources from other countries. This is particularly important given the shortage of resources in the industry,â says MĂ€enpÀÀ.
An inspiring example
GRKâs success in Boden is an inspiring example of the opportunities for international companies to establish and grow in the region. With its strong infrastructure and strategic location, Boden offers a platform for future industrial investment. The green transition is already underway here, paving the way for companies like GRK and others to follow in their footsteps.
Originally published on 15 January by BodenNXT.
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