Subterra takes over Swedish subsidiary

(CIANEWS) - The multi-segment construction company Subterra has taken over its Swedish subsidiary as the sole owner. The priority for 2023 is to complete two large projects in Sweden. It will also focus on increasing the share of work in the Czech Republic and Slovakia compared to work abroad. In the future, the government plan for traffic construction will play an important role, i.e., the modernisation of railroad corridors, the construction of high-speed tracks and a fast connection to Prague Airport. According to its annual report, the company increased its turnover from CZK 6.91bn in 2021 to CZK 8.26bn and its pre-tax profit from CZK 77.84m to CZK 125.87m.



Register newsletter

Get to know about Nordic Chamber, our press releases and all news, straight to your inbox.