GRK’s Board have appointed Tiit Roben as CEO of the Estonian subsidiary GRK Eesti AS. He will assume his position on 13 September 2023. Roben will also become a Member of GRK Group’s management team and a Member of the Board of GRK Eesti AS. Tiit Roben M.Sc.(Civ.Eng.) has extensive experience of construction management as well…
Rail Baltica Estonia has selected GRK to build the new Ülemiste station area in Tallinn and its vicinity. The construction work will be done for the upcoming Rail Baltica railway and passenger terminal. The value of the project is approximately EUR 27 million. The construction work will begin in spring 2023, and the project will…
Eesti Raudtee (Estonian Railways) has selected GRK to electrify the Aegviidu-Tapa-Tartu railway line. The total cost of the project is approximately EUR 79 million. This is the first significant step towards electrifying Estonia’s railway lines. In Estonia, the goal is to electrify most of the country’s rail network by the end of 2028. Through competitive…
Infrastructure construction group GRK’s Swedish subsidiary has received a massive project in Sweden. H2 Green Steel has chosen GRK Infra AB to implement the ground reinforcement,- and earthworks for their new hydrogen and steel plant. The contract is worth over SEK 2 billion, which is about EUR 200 million. The project started in July 2022 and…
GRK is participating in the Hailuoto GAP consortium offer, which has been selected by the Finnish Transport Infrastructure Agency as an alliance partner for the Hailuoto causeway in Finland following a competitive tender. GRK is involved in the alliance as an infrastructure constructor and the designers are Afry Finland Oy, Plaana Oy and Insinööritoimisto Ponvia…
Net sales increased to a historic record – profitability remained at a good level January–December 2021 in brief (IFRS) • Net sales increased by 11.2% to EUR 430.6 (387.3) million.• EBITDA was EUR 32.6 (31.2) million, or 7.6 (8.0) per cent of net sales.• Adjusted EBITDA was EUR 34.0 (32.4) million, or 7.9 (8.4) per cent…
Laura Järvinen, an experienced professional in the rail sector, started working as the Executive Vice President of GRK Rail Oy on Monday, 7 February 2022. Master of Science in Electrical Engineering Laura Järvinen has long and versatile experience in the field of rail transport. She has accumulated expertise in railway, tramway and metx§ro construction projects….
The CEO of the construction group GRK’s subsidiary in Estonia will change. The current CEO, Tarvi Kliimask, will be stepping down as of 10 February 2022. The recruitment process for a new CEO has already begun. GRK Group’s Estonian subsidiary has established its operations as a reliable partner. Founded in 2013, the company’s turnover has…
Kari Kauniskangas was elected as a new member of the Board of Directors of the construction group GRK Infra Oy during an extraordinary general meeting on 31 January 2022. Previous board members Tarja Pääkkönen, Esa Lager, Johanna Korhonen and Keijo Haavikko will continue in their positions, with Jukka Nikkanen as Chairman. Kari Kauniskangas (b. 1974)…
On 18 January 2022, GRK Rail Oy entered into an agreement with the Finnish Transport Infrastructure Agency on a sub-project for the renewal of the Northern Finland’s railway CTC. The value of the POKA relay interlocking interface project, which is implemented using the design and build model, is EUR 5.8 million, including options. In this…
