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Sector Review 2011

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Sector Review 2011 SECTOR REVIEW DECEMBER 2011 The Consulting Engineering and Architectural Groups. A Swedish and International survey. The charts published in this Sector Review relate to figures from Annual Reports for 2010 and 2010/2011. The Danish Association of The Finnish Association of Consulting Engineers Consulting Firms RÅDGIVENDE INGENIØRERS FORENING The Association of Finnish Association of Consulting Architects’ Offices The Swedish Federation of Consulting Engineers, Norway Engineers and Architects IN CO-OPeratiON WITH The Icelandic Association of Consulting Engineers Sector Review • The Swedish Federation of Consulting Engineers and Architects • December 2011 1 2 Sector Review • The Swedish Federation of Consulting Engineers and Architects • December 2011 Contents Foreword 5 THE SWEDISH MARKET 6 THE NORDIC MARKET 23 THE INTERNatiONAL MARKET 45 Weaker global demand also The 100 largest architectural International development 46 affects the service sector in Sweden 6 groups in the Nordic area 24 The world’s 10 largest groups 46 Sector development – 2010 FRI – The Danish market 26 Listed consultancies in the West and 2011 8 Denmark’s 100 largest groups 29 – a comparison 47 Swedish corporate events 12 RIF – The Norwegian market 31 Europe’s 50 largest Key business ratios for the largest Norway’s 100 largest groups 34 architectural groups 48 Swedish consulting firms 14 FRV & FSSA – The Icelandic market 36 Europe’s 300 largest groups 49 The 50 largest architectural groups 16 Iceland’s 18 largest groups 38 The 50 largest groups in industrial SKOL – The Finnish market 39 engineering 17 ATL – The Finnish architect market 41 Sweden’s 300 largest groups 18 Finland’s 100 largest groups 43 All the photos are taken from nominations to the Stora Samhällsbyggarpriset (Major Built Environment Prize) 2011. According to the regulations the regulations, the prize shall be awarded for a building or facility of high quality that is worthy of acclaim and is the outcome of cooperation between the various players in the built environment process. The winner of the Stora Samhällsbyggarpriset 2011 was the City Tunnel in Malmö, one of the largest infrastructure projects in Sweden. Other nominations were Projekt 50-11 i Skåne, the upgrading of 50 railway stations in Skåne, Bromma Blocks, a commercial centre project on the outskirts of Stockholm, and the Emergency and Infection Block at Skåne’s University Hospital in Malmö, a planning process that is both successful and worthy of acclaim. Facts and information on Stora Samhällsbyggarpriset and the nominated contributions can be found at: www.samhallsbyggardagen.se. Front cover: Hyllie Station, City Tunnel (photo by Pehr-Mikael Sällström). Back cover: Frankfeldt Grafisk Form AB Top: Emergency and Infection Block at Skåne’s University Hospital in Malmö (photo by Jørgen True). JNG Ainscough HB, translations Centre: Hyllie Station, City Tunnel (photo by Klas Andersson). Ineko Stockholm 2011 Bottom: Projekt 50-11, Båstad (photo by Berne Svensson). Sector Review • The Swedish Federation of Consulting Engineers and Architects • December 2011 3 The Sector Review The Sector Review has been published by the Swedish Federation of Consulting Engineers and Architects (STD) since 1995. It is a com- pilation of the architectural, engineering consultancy and industrial consultancy sectors in Sweden, the Nordic countries and Europe. The Review presents ranking lists of the largest corporate groups on the respective markets, interesting key business ratios, news about struc- tural transactions and information on the develop ment and economy within the sector over the past year. Since 2005, STD-företagen’s counterparts in the neighbouring Nordic countries have contributed to the Review. STD-företagen represents architects, engineering consultants and industrial engineering consult- ants, whereas the Nordic organisations only represent engineering consultants and, in certain cases, industrial engineering consultants. In Finland and Iceland, architectural firms also take part in collaboration on the Sector Review. The organisations that participate in this coop- eration are FRI in Denmark, RIF in Norway, SKOL & ATL (archi- tects) in Finland and FRV & FSSA (architects) in Iceland. The corporate information in the Review has been acquired via the databases Soliditet (Sweden) and Dow Jones Companies & Executives (Europe), from the Nordic organisations, direct from companies or via the companies’ home pages. The monitoring covers some 1 500 companies in Sweden, the Nordic Area and Europe. Collecting the information is an extensive and time-consuming task, and in some cases it is impossible to obtain reliable information. In those cases, we use the most recent material we can find. Consequently, all companies that appear in – or should appear in – the Review are requested to con- tact STD-företagen and to submit their details in order to make sure that the information published on them is correct. Swedish Federation of Consulting Engineers and Architects 4 Sector Review • The Swedish Federation of Consulting Engineers and Architects • December 2011 Foreword Svenska Teknik&Designföretagen (the Swedish Confederation of Consulting Engineers and Architects), or STD, is a sectoral and employ- ers’ organisation for some 730 architectural, engineering and industrial consulting firms in the construction and industrial sectors. With a total of some 30 500 employees, STD represents a little over two-thirds of the sector’s overall resources. STD’s member firms are undergoing develop- ment, and play an important role in the development of society with respect to all types of building and urban development. This applies in particular to those segments that are of particular importance to society, namely the infrastructure, environment and climate systems, energy and nature, as well as new products and processes for the manufacturing in- dustry, etc. Our members are concerned with innovations, the construc- tion of new buildings and structures, conversion works, maintenance and efficiency improvement schemes. Project managers, architects, engineering and industrial consultants inves- tigate, plan, design and participate on the Swedish market in the develop- ment of fixed investments and products worth approximately SEK 310 billion per year. As a consequence, the sector influences the development of some 10 % of the country’s GNP and STD’s member companies are involved in creating lasting values. Last year, the STD firms – with their predecessors SKIF, SPA and AI- företagen – celebrated their 100-year anniversary. We are now entering a new era, accompanied by numerous opportunities and challenges. In particular, globalisation is influencing companies with the potential for increased service exports. But at the same time it imposes challenges on the domestic market, with greater competition from abroad. In its Economic Report for October/November, Almega assesses that the turbulence on the financial markets, and thus the uncertain political situation, will during the course of the year lead to a flagging economy towards the end of the year and substantially weaker growth over the next two-three years. It is primarily the declining prospects for the export industry which could also mean that the invest- ments made by industry in services will probably be postponed. It remains to be seen how our sector will be affected by the willingness of banks to invest in view of the new capital coverage demands. We will also be facing new challenges when it comes to both the recruitment of employees as well as procurement and project forms. Competition, and in particular international competition, is increas- ing and the rationalisation of all forms of production is a decisive factor. The sector must focus on customer benefit and improve the efficiency of its cooperation with the market players. Consulting firms thus have an important part to play in the continued growth of both the community develop- ment sector and industry. Through their knowledge, consultants contribute to both R&D as well as to rationalisation activities. The work of the STD firms is focused on encouraging the sector to increase its efforts to create a society that is sustainable in the long term. The Sector Review is distributed to the member companies of STD as well as to the other companies that take part in the survey. It is also distributed to influential client companies, journals, economic forecasters, corporate analysts, etc. as well as to Swedish embassies and export offices. This English version of the review is distributed to other Nordic organisations and to those foreign companies that take part in our survey, as well as to international development banks, development organisations and administrations within the EU and to international journals. The Sector Review is dependent for its existence on participation from a large number of companies both within and outside Sweden. We should therefore like to especially thank all those contributors who have helped to make this review possible. Inger Lindberg Bruce Scheiwiller Svensson Arkitektkontor AB Chairman of the Swedish Federation of Consulting Engineers and Architects Sector Review • The Swedish Federation of Consulting Engineers and Architects • December 2011 5 Weaker global demand also affects the service sector in Sweden Almega anticipates a marked downswing in growth within all parts of the busi- ness sector towards the end of 2011, which is expected to continue to affect the Swedish economy throughout 2012. A significant
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