L&T Korjausrakentaminen Oy

L&T Korjausrakentaminen Oy is a Finnish company specializing in construction and renovation services, focusing on sustainable practices in the built environment. L&T Korjausrakentaminen Oy operates in the construction and renovation sector, providing expert services in building renovation. The company was acquired by Recover Nordic AS from Lassila & Tikanoja plc in April 2019. The headquarters is located in Finland, emphasizing its strong presence in the Nordic region.

Eero Hautaniemi and Pekka Ojanpää serve as the company's CEOs, guiding its operations since the acquisition. L&T Korjausrakentaminen Oy delivers comprehensive construction and renovation services, emphasizing sustainable building solutions. The company caters to a diverse range of clients, including municipalities and corporate entities, focusing on efficient project delivery that aligns with modern standards of environmental responsibility and resource management. Its offerings include renovations of residential, commercial, and public buildings, bolstered by innovative techniques that enhance energy efficiency and reduce environmental impact.

In 2019, L&T Korjausrakentaminen Oy reported a revenue of EUR 43,102,389. 50 and an EBITDA of EUR 605,718. 40. The company's revenue is primarily generated through service contracts with various sectors, structured around fixed fees and performance-based incentives tied to project outcomes, particularly focusing on sustainability and compliance with environmental regulations.

Following the acquisition by Recover Nordic AS in April 2019, L&T Korjausrakentaminen Oy is positioned for strategic growth in the renovation sector. The company plans to expand its operations into new regions across the Nordic markets, leveraging recent funding to enhance its service offerings and operational capabilities. The growth strategy includes the launch of innovative construction solutions aimed at improving energy efficiency in renovations, with targeted rollouts expected in the upcoming years.