SECTOR REVIEW. The Consulting Engineering and Architectural Groups. A Swedish and International survey.

Transcription

1 Swedish Federation of Consulting Engineers and Architects (STD), SECTOR REVIEW 2008 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 2007 and 2007/2008. Swedish Federation of Consulting Engineers and Architects in co-operation with The Danish Association of Consulting Engineers Association of Consulting Engineers, Norway The Icelandic Association of Consulting Engineers The Finnish Association of Consulting Firms

2 2 Swedish Federation of Consulting Engineers and Architects (STD), 2008 Contents 4 FACTORS BEHIND THE SLOW-DOWN IN THE ECONOMY 5 Sector Development IN 2007 and Investments in construction 6 A good start to 2008 which continued well into the autumn 6 A surprisingly strong autumn marred by a growing concern for the future 7 The economy and the labour market 8 Swedish corporate events 9 Key business ratios for largest Swedish consulting firms The 50 largest Industrial engineering consultancies and 50 largest architectural firms in Sweden 13 Listed consultancies in the western world A comparison 14 The 300 largest groups in Sweden Tables 19 THE NORDIC MARKET This chapter has been written by our fellow organisations FRI, RIF, FRV and SKOL in their respective countries 19 The 100 largest architectural firms in the Nordic countries 20 Denmark The 100 largest groups in Denmark Key business ratios 25 Norway The 100 largest groups in Norway Key business ratios 29 Iceland 30 The 20 largest groups in Iceland Key business ratios 31 Finland The 100 largest groups in Finland Key business ratios 35 INTERNATIONAL DEVELOPMENT 35 The world s 10 largest groups 36 Europe s 50 largest architectural firms 37 Europe s 300 hundred largest groups Cover pictures: Slussen (a sluice and landmark in the center of Stockholm) has to be rebuilt and the ambition of Stockholm City is to make a world class meeting place of this historic spot. Five architectural companies were invited to produce offers for the future structure. The pictures shown on the cover page are the five proposals. Top left: BIG, top right: Nyréns, left middle: Atelier Nouvel and Habiter Autrement, right middle: Wingårdhs and Tema, below: Foster + Partners and Berg. (Information and pictures are provided by Stockholm City). Frankfeldt Grafisk form AB Intellecta Infolog, Solna 2009

3 Swedish Federation of Consulting Engineers and Architects (STD), Foreword The 740 member companies of the Swedish Federation of Consulting Engineers and Architects (STD), with a total of members, have a major influence on the development, welfare and transition to longterm sustainability that has begun to take place within society. We develop and play a key role in the construction of new urban districts, housing areas, schools, hospitals, commercial centres, streets and squares, parks, leisure centres, railways, bridges, power stations and utility supply systems, as well as new products and processes for the manufacturing industry, etc. We are concerned with innovations, new construction, conversion, maintenance and rationalisation. STD s member companies create sustainable value. Project managers, architects, engineering and industrial consultants investigate, plan, design and participate on the Swedish market in the development of fixed investments and products worth approximately SEK 320 billion per year. As a consequence, the sector influences the development of some 10 % of the country s GNP. Both 2007 and 2008 have been good years as regards social development. The member companies have expanded, and the order situation and the economy have been good. This has enabled the companies to focus on and invest in the development of new technology and competence. During autumn 2008, the prospects have changed dramatically. At the time of writing there is considerable uncertainty over how the financial crisis and the heavy downswing in the economy will develop. The consulting market for housing, commercial property and services for industry is already in a state of rapid decline. The downswing can probably be partially compensated by increased investments in infrastructure, the environment and energy, as well as in public building. Competition, and in particular international competition, is increasing and the rationalisation of all production is a decisive factor. Consulting firms thus have an important part to play in the continued development of both the community development sector as well as industry. Through their knowledge, consultants can contribute to research, development and the rationalisation work. It is now time to rationalise and improve efficiency so that we can create as sound a platform as possible for when the economy begins to recover again. Because it will! Efforts are already being made to create a society that is sustainable in the long term, and in this context STD s consultants have an important role to play. The Sector Review is distributed to the member companies of the Swedish Federation of Consulting Engineers and Architects 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, the Sector 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 like to take this opportunity to thank all those contributors who have helped to make this review possible. Magnus Borglund White arkitekter AB, Chairman of the Swedish Federation of Consulting Engineers and Architects

4 4 Swedish Federation of Consulting Engineers and Architects (STD), 2008 Factors behind the sudden brake in the economy This year, the overall production development in Sweden and the rest of the world has suddenly slowed down, and in several countries it has even begun to decline. The latest figures for GNP growth in Sweden show a small increase of 0.4 per cent in the third quarter compared with the same period last year. But if we look at the development between the two most recent quarters, Sweden s total production has decreased for two quarters in succession, which is a definition in some quarters that the economy has gone into recession. The most recent development, between the last two quarters, adjusted to the year rate, shows that Sweden s GNP dropped by 0.4 per cent in the third quarter. The corresponding calculation for USA s GNP growth indicated a drop of 0.5 per cent 7,5 in the third quarter, see graph. The sudden braking this year, following 5,0 the healthy economy of the past five years, is primarily a result of the weak demand being experienced in major export markets 2,5 in the USA and the EU area. The slowdown started with the onset of the financial crisis in summer 2007, when the housing 0,0 mortgage crisis in the USA deteriorated. This in turn led to higher interest rates for -2,5 short-term borrowing, and a general credit squeeze. It subsequently proved that the financial crises had links to lending -5,0 institutes and investors in countries all over the world, and that major losses would emerge that were linked to investments in so-called -7,5 structured securities, which are partially based on the sub-prime lending to US households. The growing uncertainty as to where the losses were likely to appear next rapidly eroded the confidence that existed between finance institutes, which in turn forced up the interest rates. The retrenchment contributed to an increasingly tangible economic downswing during the first half of 2008, among other things in the form of declining export orders in several branches of industry. A slowing down also began to be noticed within large parts of the service sector. The weaker demand originated from the outside world, but began also to be noted in weaker household consumption and investments in the domestic market. Another contributory factor was the growing inflation, which was fanned by, above all, higher energy and food prices, and spiralling interest costs for private homes. The declining economy also became increasingly apparent on the labour market, with a slower growth in employment and increasing redundancy. The downturn in housing prices, in combination with higher interest rates and stricter conditions from mortgage institutes for the granting of housing purchase loans, has also served to slow down the housing market. While the financial crisis worsened during the course of 2008, a number of central banks continued to raise their key interest rates. This also helped to raise the house mortgage rates. For example the Bank of Sweden, continued to raise the repro rate up until September, when it peaked at After this, the Swedish economy and the economies of several other countries has been reined in at record speed as the financial crisis has gradually escalated. No-one appears to have foreseen that the major investment bank Lehman Brothers in mid- September was on the brink of bankruptcy and would not receive the required rescue assistance from the American government. With this, the financial crisis deteriorated dramatically. This development has forced the central banks to make a rapid turnabout, once they realised the extent of the economic slow-down and the fact that inflation levels would begin to fall rapidly. The key interest rates have been cut dramatically during GNP, lump-sum prices, percentage change % Sweden, change compared with corresponding quarter last yea the autumn. In December, the Bank of Sweden lowered its repro rate by as much as 1.75 percentage points. At the same time, a number of governments, including the Swedish government, have presented various packages to stimulate the economy as well as schemes to guarantee inter-bank loans and to recapitalise banks if the need arises. It remains to be seen whether these measures will be enough to prevent an even greater braking of the economy than is currently foreseen. The level of uncertainty in different forecasts is still very high, but most sources seem to be agreed that the growth in GNP will be negative next year, in among other countries Sweden, but that there will be a certain recovery with positive growth in 2010, due very much to the various stimulation schemes. In the latest forecast announced by the OECD, a historically slow level of growth is predicted for the entire OECD area of -0.4 per cent next year. In the case of Sweden, zero growth is forecast for However, other forecasters anticipate negative growth, for instance the Bank of Sweden which in December predicted a growth rate of minus 0.5 per cent in For 2010, both the OECD and the Bank of Sweden anticipate a growth rate of 2.2 per cent in Sweden. Lena Hagman Cheif Economist, Almega USA, seasonally-demarcated quarterly change adjusted upwards at annual rate Source: Swedish Federation of Consulting Engineers and Architects (STD)

5 Swedish Federation of Consulting Engineers and Architects (STD), Sector development in 2007 and was another record year for the sector. The overall turnover increased to a little over SEK 40 billion (just under SEK 38 billion in 2006) and the number of employees to approximately ( in 2006). The turnover per employee was SEK , a slight increase compared with 2006 (SEK ). The profit margins increased for architects to 9.78 % (8.92 %) and for engineering consultants to 8.69 % (7.49 %) while they dropped for industrial consultants to 3.46 % (4.79 %). For the 300 largest architectural, engineering and industrial consulting firms, the total profit margin was 6.8 % in other words, a little higher than the record figure for 2006! A major contributory factor to the improved profitability, apart from the good order situation, is the fact that the companies have in general been able to increase their prices an ongoing trend over the past four years. The sound order situation has resulted in billing levels of over 77 %, which are the highest levels recorded so far this century. At the same time, salary expenses have increased significantly, by just over 4.5 %, which is a worrying development for the future. If billing levels were to drop by one or two percentage points, it would have an impact on the profit margin. With a decrease in orders, the companies risk suffering negative figures during the coming year. The high salary expenses will then be a heavy burden to bear, and there will be a greater risk of having to lay people off. Investments in construction Investments in housing development increased during 2007 by 9 %, to SEK 103 billion. This is largely a consequence of the Odell slabs that gave interest and investment contributions to construction projects that were started at the end of Many projects were initiated in November and December 2006 in order to be eligible for the grants. Builders were required to have a fully-cast foundation slab before the end of the year in order to be qualified for the grant. During 2007, the investments in housing construction gradually declined, and in 2008 have decreased dramatically. Volumes are expected to drop by 2 % during 2008 and by 5 % during Total building investments for the previous year amounted to SEK 247 billion, which was an increase of 7 %. There was also a significant increase from 15 % to SEK 54 Turnover in the Sector, MSEK MSEK Industrial consultancies Building/Construction oriented consultancies and architects ) Contribution with some 900 man-years with Teleca acquiring AU-system. 2) Reduction with some 900 man-years (in Norway and Finland) after Rambølls acquaring Scandiaconsult AB. 3) Contribution with some 1100 man-years after SWECO acquiring PIC Engineering and ÅFs acquisition of CTS Engineering. 4) Contribution with over 100 man-years after ÅFs acquisition of Fortum Teknik & Miljö. 5) Contribution with over 300 man-years after SWECO acquiring Statkraft Grøner 6) Contribution with some 100 man-years after Rejler Group acquiring remaining shares of Rejlers Invest Oy. 7) Contribution with some 500 man-years after Teleca s acquisition of russian Telma and part of ÅF:s acquisition of Enprima. 6) Contribution from among others part of ÅF:s acquisition of Enprima and SWECO s acquisitions in the Baltic States. 9) Contribution from among others with some 800 man-years after Semcon acquiring IVM Automotive. Reduction after Teleca s divesting AU System with some 400 man-years abroad and 900 in Sweden. 10) Contribution with over 400 man-years after SWECO s purchase In the Baltic States and Czech Republic as well as White acquiring Danish hs.ark A/S (2006) and ÅF acquiring Swiss Colenco p 09p 10p p 09p 10p Average number of employees in the Sector Number Industrial consultancies Building/ Construction oriented consultancies and architects ) ) ) ) 4) ) ) ) ) ) Marking the average number of employees in Sweden and abroad (above the line)

6 6 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The development within the Sector *) Turnover per employee, SEK thousand Result after financial items per employee, SEK thousand p 09p 10p p 09p 10p The top 300 groups of witch building construction oriented of which architect firms engineering consultancies industrial consultancies *) until 2002 the 200 largest companies from 2004 when available, according to IFRS Source: Swedish Federation of Consulting Engineers and Architects (STD) Result margins in the top 300 groups % Median p 09p 10p billion in the investments made in machinery and equipment. During 2008, building investments are expected to have increased by approximately 4 % and industrial investments by some 7 %. A good start to 2008 which continued well into the autumn The year 2008 began at the same fast pace as 2007 ended. The companies in the various segments continued to have high order and employment levels. However, by the end of 2007 the industrial consultancies had begun to experience an approaching downswing, which began to be felt more keenly at the beginning of The architects and engineering consultancies continued at the same pace as before, however, and set new records in orders in hand and employment levels. The good times continued until the beginning of the summer, and the industrial consultancies were able to recoup their losses from the beginning of the year. In June, concern began to be expressed for the slowdown that was beginning to make itself felt, Result margins 10 % Architect firms Engineering consultancies Industrial consultancies June p 09p 10p and which in time began to be reflected in the forecasts. But despite this, our surveys in September showed that all three sectors continued to progress well, with retained order and employment levels. A surprisingly strong autumn marred by a growing concern for the future The period of prosperity lasted longer than was expected, and continued in part throughout the rest of the year for several of the companies in the sector. On the other hand, the concern for the future has increased more strongly in the shadow of the financial crisis and the economic downturn. By November, this had begun to make itself especially felt among the industrial consultancies, where many firms have been affected by the crisis in the automobile industry. Many of the consultants who have been hired out to other companies have now returned to their employers. The employment level among industrial consultancies was in September on the same level as in September 2007, but by November had decreased significantly. The swing in Payroll cost/employee (fte) % p 09p10p Several major firms have, as a financial target, an operating margin of approximately 8% over the course of a business cycle. Many have a target of 6%. The forecast figures for increase in salary expenses per yearly employee for 2009 and 2010 lie above what the companies can reasonably cope with in order to achieve a margin in the vicinity of 6% in the prevailing economic downswing. The collective agreement with Unionen has been cancelled and expires on 31 March Prior to this, it is possible for a new agreement to be negotiated. Sensitivity analysis Source: Swedish Federation of Consulting Engineers and Architects (STD) With all other factors remaining unchanged, the profit before tax is changed by: Capacity utilisation +/- 1%-unit SEK /employee Price +/- 1% SEK /employee Payroll cost +/- 1% SEK 7 000/employee

7 Swedish Federation of Consulting Engineers and Architects (STD), the market is also being felt by architects, since some projects have been postponed or stopped owing to the deterioration in financing potential at the same time as they have a marked decline in the number of incoming orders. Some architectural firms have begun to lay off staff in anticipation of the continued downswing that is expected during the coming year. The engineering consultancies active within the areas of construction, civil engineering and installation have experienced a more stable development with constant levels of employment. The companies forecasts for the future have taken a swing with the financial crisis and the downturn in the economy during the autumn. They anticipate a slowing down or reduced volume of commissions during Economic downturn balanced by stimulation schemes and infrastructure projects Even though a sense of pessimism is spreading among companies as a result of the disappointing forecasts, there are those companies that are still doing well and anticipate continuing to do well in If we look at the construction and design segments, there are sectors that are continuing to expand, such as infrastructure, energy facilities and environmental projects. The government has also launched a number of stimulus packages incorporating investments within, primarily, infrastructure. Investments will in all probability also be made in order to encourage housing construction. In addition, it has been decided to introduce subsidies to encourage repair, conversion and extension works. The Group s opinion about the development of the price situation Architects and Consulting Engineers Industrial Consultants % T1-T3 00 T1-T3 01 T1-T3 02 T1-T3 03 T1-T3 04 T1-T3 05 T1-T3 06 The 80 economy and the labour T1-T3 T1-T market 60 The latest forecasts announced by the employment office predict a heavy increase in unemployment during the years to come. It 0 is estimated that some people will be -20unemployed over the coming two-year period, which would mean an open unemployment figure of 10 % during the election year Many of these jobs are expected to disappear within industry, which is sensitive to downturns in demand on the export markets. According to the employment office, employment levels in the construction sector are expected to decrease by jobs during 2009, regardless of the investments being made in infrastructure. The service sector, with 1.9 million employees, is expected to lose some jobs % T1 1 T T T T2 011 T T T T T T T T T T T T T T T T T1 2 T2 307 T3 107 T1 207 T2 308 T T1 T T T T T3 101 T T T T1 102 T T T1 03 T T T T2 05 T T T T T T T T1-08! 2 T T However, even if the forecasts hold good, the situation is still far different from the crisis in the 90s when half a million jobs disappeared in the space of 3 years. % T1-T Q1 98 Q1 99 T1-T3 01 Q1 00 T1-T3 02 Q1 01 T1-T3 03 Q1 02 T1-T3 04 Q1 03 T1-T3 05 Q1 04 Q1 05 T1-T3 06 Q1 06 T1-T3 T1-T Source: Swedish Federation of Consulting Engineers and Architects (STD) Within our sector, there has over the past few years been a general lack of available competence. Above all, there has been a shortage of civil engineers, and there has been a worrying lack of incoming competence to the sector because the interest being shown in taking the required courses of study has been minimal. Architectural firms Rolling annual billing ratio Q1 07 Q1 08 Source: Swedish Federation of Consulting Engineers and Architects (STD) Backlog of orders index compared with orderforecast in six month s time Architects and Consulting Engineers weighted togeth Industrial Consultants Order forecast Backlog of orders index Order forecast Backlog of orders index Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q34 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T Q1 Q Q34 99 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T3 T1 T2 T Source: Swedish Federation of Consulting Engineers and Architects (STD)

8 8 Swedish Federation of Consulting Engineers and Architects (STD), 2008 Equity ratio, % % Company size The top 30 Swedish groups Turnover per employee, ksek Result after fin. items/employee, ksek 02/03 03/04 04/05 05/06 06/07 07/08 02/03 03/04 04/05 05/06 06/07 07/08 The top groups of which building/ construction oriented industrial ) ) 13 ksek before IFRS Source: Swedish Federation of Consulting Engineers and Architects (STD) Source: Swedish Federation of Consulting Engineers and Architects (STD) have also needed to recruit personnel, but the demand has slackened off and during the coming year it is more likely that a certain number of staff in the sector will have to be laid off. On the engineering side, there may have to be a certain amount of relocation or retraining, for example among electrical consultants where there is an acute need for engineers. Vägverket and Banverket have indicated a shortage of experienced project managers and specialists, and Vägverket, for example, is investing heavily in training both its own and our consultants. Structural business The volume of corporate transactions recorded so far during 2008 has been considerably fewer than during the record year Nevertheless, a number of interesting international and Swedish transactions have been concluded. Swedish corporate events SWECO, which continues to be Sweden s largest consulting engineering and architectural group, expanded in Denmark in April when its subsidiary Skaarup & Jespersen acquired Birk Nielsen Planlaeggere og Landskapsarkitekter with 18 employees. This gave SWECO some 55 employees in Denmark. Via SWECO Norway, April saw the acquisition of Opticonsult A/S with its head office in Bergen and just over 150 full-time employees. Following the acquisition, SWECO now has approximately 800 employees in Norway. In June, the Finnish mechanical engineering division in SWECO Industry, with some 130 employees, was sold to Comatec Oy. In May, the remaining 50 % of the Russian consultancy Lenvodo kanalproet, with almost 160 employees, was sold. In July, expansion continued in Central Europe with the purchase of Bulgarian energy and environmental consultancy firm Energoproekt Hydropower Ltd with just over 80 employees. This gave SWECO a total of over 1000 employees in Lithuania, Estonia, Russia, Bulgaria, the Czech Republic and Slovakia. Autumn saw the acquisition of B & B VVS- Konsult AB with 7 employees in Skåne. ÅF in Ångpanneföreningen out, after 113 years ÅF is easily the second largest engineering consultancy in the country. The Group commenced its activities in 2008 with the acquisition by the System Division of the consulting operations run by Proplate IT with 22 employees in Karlstad, Karlskoga and Örebro. Via ÅF-Kontroll, in April Sweden s fourth largest engineering control company Kvalitetsteknik NDT AB was acquired with 30 employees. In April, the AGM decided to revise the Articles of Association by, among other things, changing the name of the company to ÅF. After 113 years, the name Ångpanneföreningen was on 5 May replaced by the undeniably shorter ÅF. Added value for the 300 largest groups ksek/employee Turnover/employee (in SEK thousand) Management consultants IT consultants (adm.) Lawers offices Market surveyors Public relations and communication Auditors *) and as per our table on page 8 Industrial engineering consultants Architects/building engineering consultants *) based on the major 10 alone Source: Swedish Federation of Consulting Engineers and Architects (STD) It is interesting to make a comparison with other knowledge sectors with highly qualified staff. The following comparative figures from largest companies in several sectors are taken mainly from the magazines Affärsvärlden and Veckans Affärer. Source: Swedish Federation of Consulting Engineers and Architects (STD)

9 Swedish Federation of Consulting Engineers and Architects (STD), The top 30 Swedish groups Turnover/employee Balance Sheet total/employee Result after financial items/employees ksek ksek Result margins in the top 30 groups % Financial year p 09p Group nr Group nr Turnover/employee Result after financial items/employees Balance Sheet total/employee ksek ksek Turnover/employee Balance Sheet total/employee Result after financial items/employees ksek ksek Financial year Financial year Group nr Group nr Group nr ksek Turnover/employee Result after financial items/employees Balance Sheet total/employee Financial year ksek ksek Turnover/employee Result after financial items/employees Turnover/employee Balance Sheet total/employee Result a financial items/employees Balance Sheet total/employee ksek ksek ksek Financial year Financial year Source: Swedish Federation of Consulting Engineers and Architects (STD) Omsättning/anställd Balansomslutning/anställd Resultat e fin poster/anställd

10 10 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The top 50 groups within Industrial Engineering Annual Turnover (previous Em- Group report MSEK year) ployees STD 1 2 ÅF-divisioner ,0 2003, STD 2 3 Semcon AB ,4 1614, Teleca AB ,8 2780, STD 4 5 Epsilon AB ,4 776,8 981 STD 5 4 SWECO Industry ,7 843, STD 6 7 Etteplan Sverige (proforma) ,4 411,5 876 STD 7 8 Rejlers (delar av) ,0 388, Xdin AB (Alten Groupe nov 2008) ,3 310,6 434 STD 9 10 Pöyry Forest Industry AB (svenska delen av koncernen) ,2 240,2 313 STD FB Engineering ,0 170,0 200 STD Avalon Enterprise AB (tidigare uppgifter f Avalon Technology) ,5 120,1 145 STD Knightec AB 07/08 173,9 144, Infotiv AB 06/07 147,2 131, Consat Engineering AB ,2 124,1 158 STD Condesign AB ,8 116,2 192 STD Centaur Segula Tech AB (Groupe Segula Techn. SA ) ,3 121, Creator Teknisk Utveckling AB 06/07 93,3 59,2 80 STD Fasitet PDE AB (holländska PDE Automotive BV ) 07 84,8 101,5 59 STD IKG - bolagen 07/08 84,0 67,5 105 STD Råbe Industrikonsult AB 07/08 79,6 61,5 71 STD Rücker Nord AB 07 76,9 64,2 108 STD Elator AB 07 72,6 69,0 45 STD Eurocon Consulting AB 07 70,9 78, PRC Engineering AB 07 65,5 49,8 52 STD WSP Systems 07 55,0 55,0 55 STD WermTec Industriteknik AB 07 53,5 70,7 46 STD KPA Engineering AB 07/08 48,0 44, Ergonomidesign AB 06/07 46,2 41, HRM/Ritline AB 06/07 44,9 47,8 60 STD LinPro AB 06/07 43,9 34,9 34 STD LUTAB Luthanders Ingenjörsbyrå AB (Etteplan okt 2007) 07 42,5 39,3 31 STD Automations Partner AB 07 40,4 28, Solvina AB 06/07 38,6 46, Cross Design i Göteborg AB 07 36,4 29,7 42 STD Koteko AB 07 36,1 33, IP Industri & Projektconsult AB 06/07 35,9 24, FS Dynamics AB 07/08 33,5 27,4 35 STD Danatec AB (Rejlerkoncernen aug 2008) 07 32,9 26,6 46 STD Järnvågen AB (Bergström, BEKAB, Indautomat m fl) 06/07 30,3 25,6 38 STD Prows AB, Industriell Process & VVS 06/07 29,3 26,2 33 STD Relitor AB (f d Luleå Industriteknik AB) 07 27,2 15,8 17 STD Fagerström Industrikonsult AB 07/08 26,4 19, Camatec Industriteknik AB 07/08 25,6 18,6 24 STD Pidab Instrumentdesign AB 06/07 25,3 25,0 26 STD Bertrandt Sweden AB * (ägt av tyska Bertrandt) 06/07 23,1 19,4 27 STD Deva Mecaneyes AB 07 20,8 18, TKG Teknikkonsultgruppen AB 07 20,3 16,8 20 STD 48 (-) Rördesign i Göteborg AB 07/08 19,6 17, Evolator Group AB *06 19,2 31, Cross Technology Solutions AB 07 17,4 12,9 20 STD = Member of the Swedish Federation of Consulting Engineers and Architects. In the 2007/2008 the top 50 groups had a turnover of MSEK (previous year MSEK). The average number of employees (FTE) was some (140350) and the turnover per employee was ksek 918 (894). Source: Swedish Federation of Consulting Engineers and Architects (STD) During spring, ÅF and the British company AMEC plc entered into a strategic co-operation agreement for the rapidly expanding paper and pulp market in South America. May saw the acquisition of engineering consulting firm OrbiTec AB, with some 30 employs in Jönköping. The company has been integrated as a local office of ÅF- Engineering. In July, Berg Bygg Konsult AB was purchased with 12 employees in Stockholm, and has been integrated into the Infrastructure Division. A major order during the second quarter was placed by Stockholm Vatten for the replacement of control systems at the wastewater treatment plants in Henriksdal and Bromma. The order is estimated to be worth some SEK 125 million and will continue to the year In September, ÅF-Control acquired Czech Qualitest s.r.o with 80 employees and profitable business operations with an annual turnover of SEK 30 million (2007). In September, ÅF-Process purchased UAB Termosistemy Projektai (TSP) in Lithuania with 16 employees. WSP contributes to architectural merger In July, WSP Sweden entered into an agreement with the Norwegian firms LINK Signatur and Multiconsult on the establishment of one the largest architectural firms in the Nordic area with some 300 employees. Merging with LINK Signatur AS are WSP Arkitektur s 60 employees and the architects from Multiconsult. WSP Sweden owns 20%, Multiconsult 32 % with the remaining shares are owned by LINK Signatur s founders. In Sweden, the company will be known as LINK Signatur AB. In October, WSP purchased the Stockholmbased building consultancy firm SZ Konsult with some 10 employees. In March, Ramböll Sweden purchased K- Center Byggkonsult with approximately 10 employees and offices in Norrköping and Nyköping. May saw the acquisition of Uppsala-based VKAB, VVS- och driftkonsult AB. Tyréns is expanding in Sundsvall through the double acquisition of GERY Arkitekter and Ingenjörer AB with some 10 employees. Grontmij Sweden signed an agreement in May on the purchase of electrical engineering consultancy Teldako with 25 employees.

11 Swedish Federation of Consulting Engineers and Architects (STD), Flygfältsbyrån is expanding in Stockholm through the acquisition by its subsidiary FB Engineerings of GM Consult AB with 9 employees within the landscape design sector. Structorgoup is one of the fastest growing consulting firms in the country. On the principle of organic growth, prior to November 2008 they had set up new offices in 6 towns, 2 of which by starting new companies. White arkitekter has expanded and at the beginning of the year was awarded 3 international architectural assignments with strong environmental profiles in China, Poland and Norway. The decision made by the City of Stockholm in May to invest in a large multi-functional arena gives more work to White. Together with WSP Sweden and UK Arup (Sport), White is designing the new Stockholm Arena, which is planned to be inaugurated in The AROS Group strengthened its position in the Roslagen region through the acquisition of Norrtälje-based Thorins Arkitektkontor AB, which comes into effect in In July, EnergoRetea acquired the renowned Helingborg-based firm CLC Installationskonsult AB with just over 60 employees and an annual turnover of SEK 54 million (2007/2008). Following the acquisition, Bure Equity-owned EnergoRetea now has some 270 employees with a pro forma turnover (including CLC) in 2007 of approximately SEK 258 million. CLC will operate as an independent company within the EnergoRetea Group. Norconsult AB is the new name of the company known previously as GF Konsult AB, which in May acquired Akustikon AB with 10 employees. Tengbom, which has won a number of new assignments in China, is expanding in Sweden. In February it acquired Arkoteknik Arkitekter och Ingenjörer in Kalmar. The deal gave Tengbom its sixth office in Sweden. The seventh was set up in Umeå through its own establishment of an office in June. In September, interior architects Studio31 in Gothenburg were acquired (official hand-over on 1 October). Hifab to become a listed company the back way At the beginning of 2008, the Hifab Group as a partner of French project management consultancy COTEBA SA was commissioned to conduct the project management for the conversion and extension of Shell s The top 50 architectural groups Annual Turnover (previous Em- Group report MSEK year) ployees STD 1 2 White arkitekter AB ,1 341,9 445 STD 2 1 SWECO Arkitekter ,1 394,2 367 STD 3 3 Temagruppen Sverige AB ,6 118,1 148 STD 4 4 Tengbom ,0 102,8 141 STD 5 5 Wingårdh-koncernen ,4 91,1 98 STD 6 6 NYRÉNS Arkitektkontor AB 07 78,1 67,2 75 STD 7 14 FOJAB Arkitekter AB (koncernen) 07/08 78,0 42,9 66 STD 8 8 Brunnberg & Forshed arkitektkontor AB 07 67,3 63,0 57 STD 9 *7 LINK Signatur Arkitekter AB 07 66,9 66,4 64 STD 10 9 Liljewall Arkitekter AB 07 57,3 57,4 58 STD Arkitekthuset Monarken AB 07/08 56,1 45,1 45 STD ÅWL Arkitekter AB 07/08 53,8 51, Strategisk Arkitektur Fries & Ekeroth AB 07 53,7 48,0 49 STD AIX Arkitekter AB 06/07 50,7 45,1 56 STD Scheiwiller Svensson arkitektkontor AB 07/08 48,9 40,7 36 STD Krook & Tjäder AB koncernen 07 48,5 34,2 66 STD AROSgruppen Arkitekter AB 06/07 47,6 46,1 55 STD Arkitektbyrån AB i Göteborg 07 42,1 36, Wester+Elsner Arkitekter AB 06/07 40,8 35,1 30 STD Equator Stockholm AB 07 40,7 38,2 34 STD Grontmij Arkitekter 07 36,9 36,5 32 STD BAU Arkitekter AB 07 35,4 26,2 30 STD Mondo Arkitekter AB 07 35,1 37,0 45 STD SYD ARK Konstruera AB 07/08 34,3 34,1 14 STD Reflex Arkitekter AB 06/07 34,0 31,1 36 STD BSK Arkitekter AB 07 33,9 39, A&P Arkitekter AB 07 32,3 34,5 22 STD A5 Arkitekter & Ingenjörer AB 06/07 31,7 27,6 30 STD AQ Arkitekter i Eskilstuna AB 07/08 31,3 34,1 25 STD Landskapsgruppen Göteborg AB 06/07 30,9 24,5 32 STD MAF Arkitektkontor AB 07/08 29,9 38,9 25 STD AG Arkitekter AB 07 29,9 27,3 30 STD Semrén & Månsson Arkitektkontor AB 06/07 29,9 23,3 24 STD Pyramiden Arkitekter i Göteborg AB 07 29,3 25,5 29 STD Archus Arosia Arkitekter 07 29,3 24,7 28 STD Lund & Valentin Arkitekter AB 07/08 29,1 31,3 35 STD Thomas Eriksson Arkitektkontor AB 06/07 26,7 22, ABAKO Arkitektkontor AB 07 24,3 21,1 29 STD Studio 1.11 Arkitekter AB 07 23,7 11,6 19 STD Berg Arkitektkontor AB (C F Möller A/S) 07 23,3 10,3 17 STD FL Arkitektgrupp i Borås AB 07 23,2 19,6 20 STD Murman Arkitekter AB 07 23,0 16,7 26 STD SAMARK Arkitektur & Design AB *07 22,9 19,4 23 STD BSV Arkitekter & Ingenjörer AB *06 21,5 18,1 23 STD Consultec Arkitekter & Konstruktörer AB 06/07 20,8 20,8 1 STD Södergruppen Arkitektkontor AB 07 20,2 13,2 15 STD Anders Bergkrantz Arkitekter AB 07 20,2 19,2 15 STD Erséus Arkitekter AB 07 20,0 16,9 18 STD Arkitektgruppen G.K.A.K AB 07 19,6 16, Uulas Arkitektkontor AB 07 19,5 15,6 14 STD = Member of the Swedish Federation of Consulting Engineers and Architects. In the 2007/2008 the top 50 groups had a turnover of 2871 MSEK (previous year 2525 MSEK). The average number of employees (FTE) was some 2472 (2218) and the turnover per employee was ksek 1066 (1021). The chart above only covers those groups in which architectural operations predominate. It doesn t, for example, include the architectural departments within GF Konsult, Creacon and Pantektor which also are of considerable size. Source: Swedish Federation of Consulting Engineers and Architects (STD)

12 12 Swedish Federation of Consulting Engineers and Architects (STD), 2008 stations in the Nordic countries. Hifab also purchased INKO, who are advisers in the area of investigation permits for the mining sector in Sweden. On 23 May, IT consultants Thalamus Networks AB listed on First North made a bid for the Hifab Group. One of the reasons for this was that during 2007 and 2008, heavily specialised Thalamus only had one IT consultancy worth approximately SEK 80 million left, and was too small to be listed on the stock exchange. One of Thalamus major owners, Traction AB with a 29 % holding, is also a major owner of Hifab and at the same time a financier of the transaction. The bid made for each Hifab share was SEK in cash plus 7 B-shares in Thalamus. This corresponded on the date on which the offer was made to SEK 72 per share, which in turn corresponded to SEK million for the entire Hifab Group. Following the transaction, Hifab s shareholders would own 2/3 of the shares in Thalamus, which would change its name to Hifab. For a number of years, Hifab has been traded 4 times a year on the Alternative Shares Market. On 23 September, the transaction was completed and Thalamus became the Group parent company. The new Hifab (the namewas changed to Hifab Group AB in November) had a pro forma turnover of approximately SEK 460 million (2007). The Rejler Group is moving rapidly towards the achievement of its stated goal of 1000 employees by the year The year 2008 commenced with an agreement by Rejlers Oy on the acquisition of the Finnish KL- Team Oy with 14 employees in Tammerfors. In January, Rejlers set up operations in Norway by acquiring 15 % of the shares in APAS (with 5 employees) within the energy control of industrial processes. Statoil owns 50 % and APAS founder 35 %. In April, Ingenjörsbyrån Ukiplan Oy, with 28 employees in among other locations Åbo, was repurchased through Rejlers Oy. In August, Örnsköldsvik-based Danatec AB, with some 40 employees, was acquired. Danatec focuses on product and production development for the manufacturing, mining and process industries along the Norrland coast. Epsilon started 2008 with a very strong first quarter. In March, Epsilon took part together with major owners of its sister company Sigma in buying out the company from the stock exchange. However, the offer was withdrawn following opposition. In October, Epsilon received its largest order ever in the form of a robot engineering commission worth over SEK 60 million from a leading European vehicle manufacturer. Semcon is a few sizes larger after its acquisition of German IMV and Swedish competitor Caran, accelerating the integration of its new activities and refining the older ones. At year-end, Semcon made an agreement to sell the business area Zpider (and several other Z-companies) to Finnish IT supplier Enfo oy. This also served to dispel the need for a new issue in order to help finance the purchase of IMV and Caran. Zpider s annual turnover is estimated to be in the region of SEK 320 million, and the purchase was completed in February. The growing recession in autumn 2008 is having a major impact on the Swedish and international vehicle industries. During the course of the year, 200 consultants employed by Semcon have had to end their commissions at Volvo Personvagnar. This is causing problems for Semcon in Sweden, and in November 300 employees in Gothenburg were given notice. At the same time, Semcon has won international commissions of about the same size as those lost from Volvo PV. Avalon Enterprise decided in October to apply to be listed on NasdaqOMX Norden. The principal reason for this was the debacle with NGM Equity. During recent years, the Finnish firm Etteplan has expanded heavily on the Swedish market started with the purchase of Gothenburg-based Cool Engineering AB with some 50 employees in the testing and analysis segment in primarily the vehicle industry. In July, an agreement was made on the purchase of 70 % of the shares in Halmstad-based Innovation Team AB with approximately 40 employees, some of whom work in Copenhagen. Xdin acquire a French owner The French are clearly interested in the Swedish and at the same time the international industrial engineering market. In October, the French and Euronext-listed industrial consultancy giant Alten Group with employees made a bid for Xdin with some 550 employees. In 2007, Xdin had a turnover of approximately SEK 379 million and is also planned to serve as the hub of continued expansions in the Nordic markets. The French acquisition was concluded through an extraordinary meeting of shareholders in Xdin in November. Over the past two years, Teleca has been heavily rationalised and slimmed down. The company now has an industrial consultancy side that is focused on the automobile industry. The low-cost centre in Russia with almost employees makes up just over half the company s numerical strength and the operations in Sweden account only for some 30 % of the turnover. The latest refinement activities were concluded in October when 95 % of the shares in the product operations with associated consulting activities in South Korea were sold for approximately SEK 56 million. On 31 October, Cay Tel 1 L.P, a whollyowned subsidiary of the Indian Symphony Technology, announced a cash acquisition bid. Symphony offered SEK 3.25 per share in Teleca, or a total of approximately SEK 250 million. Danes moving into Sweden We have, during the course of the year, seen two new Danish inroads into the Swedish market. The NIRAS Group, which is already established in Sweden, purchased effective from July the project management company TP Gruppen with some 120 employees, including staff at offices in Finland and Estonia. This was followed by the purchase of the considerably smaller Linköping-based environmental consultancy Johan Helldén AB with some 10 employees. And Denmark s second largest consultancy group, COWI, took yet another step into the Swedish market with the acquisition of Gothenburg-based PICON Teknikkonsult AB. At the time of purchase in April, rapidly expanding PICON had approximately 80 employees. In anuary 2009, the company changed its name to COWI. New kids on the block Well, perhaps not exactly new kids, but as of January 2009, the consulting market will gain a major addition when the previously in-house designers at Vägverket Konsult and Banverket Projektering merge and following a Parliamentary decision on 27 November become a state-owned consultancy, Vectura AB. During 2007, Vägverket Konsult had a turnover of approximately SEK 458 million, a profit margin of some 4.7 % and 504 employees. Corresponding key data for Banverket Projektering was SEK 447 million, 7.7 % and 459 employees. let i april hade expanderande PICON ca 80 anställda. I januari 2009 byter företaget namn till COWI.

13 Swedish Federation of Consulting Engineers and Architects (STD), A comparision between some international listed Consultancies. Key ratios per latest reported fiscal year. Strukturaffärer Volymen företagsaffärer hittills under Market Result 2008 Result har varit betydligt Market mindre än den value Market Turn- Average Turnover/ before before tax/ Result value/ value over number of employee tax under employee rekordåret margin employee Inte desto mindre Group MEUR MEUR MEUR employees keur MEUR keur % keur P/e P/s har åtskilliga intressanta internationella Teleca AB SE och svenska affärer genomförts neg 0.50 Semcon AB SE ÅF AB SE Svenska 10.7 företagshändelser SWECO AB SE SWECO, 9.8 som 9.3 med råge alltjämt 18.5 är Sveriges 1.23 största 9.7 teknik och 77.0 arkitektkoncern, Rejlerkoncernen AB SE Avalon Enterprise AB SE växte i april i Danmark då dotterbolaget Eurocon Consulting SE Skaarup & Jespersen förvärvade Birk Hifab Group AB SE 9.4 * * * * * * * * * * Nielsen Planlaeggere og Landskapsarkitekter Pöyry Group Oy FIN med anställda Detta gav Etteplan Oy FIN SWECO 6.0 ca medarbetare 37.8 i Danmark WS Atkins plc UK Waterman Group UK Via SWECO 4.9 Norge 5.1 förvärvades i april 0.26 White Young Green UK Opticonsult 6.9 A/S 6.0 med hk 65.4 i Bergen 11.8 och med 0.60 WSP Group UK drygt årsanställda Efter 12.0 köpet har 0.55 RPS Group plc UK Sweco 15.9 ca medarbetare i Norge Mouchel Group plc UK I juni såldes i renodlande syfte den finska Aukett Fitzroy Robinson plc UK maskinteknikdivisionen i Sweco Industry Hyder Consulting plc UK Ricardo plc UK med ca anställda till Comatec 14.4 Oy Scott Wilson Ltd plc UK I maj förvärvades resterande % i ryska 0.54 SMC Group plc UK konsultföretaget Lenvodo 42.7 kanalproet neg med 0.43 Cyril Sweett Group plc UK nära anställda. 9.3 I juli 96.0 fortsatte 13.1 expansionen i central europa genom köpet av det 0.85 Arcadis NL Fugro NL bulgariska energi- miljökonsultbolaget Grontmij NL Bertrandt AG D Energoproekt 7.7 Hydropower Ltd med 4.3 drygt 0.28 Rücker AG D anställda. 2.7 Därmed 4.1 hade 35.3 SWECO 19.1 över 0.51 Alten Group FR medarbetare sammantaget i Litauen, 1.11 Altran Group FR Estland, 2.3 Ryssland, 2.5 Bulgarien, Tjeckien 0.29 Assystem S.A. FR och Slovakien S II S.A. FR Under hösten förvärvades B & B VVS- Sogeclair S.A. FR Konsult AB med 7 anställda i Skåne. AKKA Technologies S.A FR Soditech Ingenerié S.A FR neg 0.43 ÅF in Ångpanneföreningen ut Unweighted mean Europe efter år URS Corp. US MUSD 2804 MUSD 2759 MUSD kusd ÅF är med god marginal den näst största MUSD kusd kusd teknikkonsultkoncernen i landet. Koncernen 7.5 inledde med 88.3 att division 21.8 Sys Michael Baker Corp. US tem förvärvade konsult 69.2 rörelsen 17.6 i Proplate 0.47 Tetra Tech Inc. US IT med 22 anställda i Karlstad, Karlskoga TRC Companies, Inc. US neg 0.18 och Örebro. Via ÅF Kontroll förvärvades Hill Internatinal, Inc. US AECOM Technologies, Inc. US i april 5.7 Sveriges 4.3 fjärde 69.4 största 16.9 tekniska 0.48 SNC-Lavalin, Inc. CAN kontrollföretag Kvalitetsteknik NDT AB 1.08 Stantec, Inc. CAN med anställda Unweight mean North America Årsstämman 3.8 i april 2.1 beslutade ändra bolagsordningen 0.88 Coffey International Ltd AU med 4.9 bl a ändring 54.4 av 13.3 firman 0.38 till Cardno Group AU ÅF. Efter år byttes Ångpanneföreningen den 5 maj ut mot det onekligen kortare ÅF. The fiscal year ends at except for 1) ) ) ) ) ) * Hifab Group AB, see text on page 11. Under våren träffade ÅF och brittiska AMEC plc ett strategiskt samarbete för den snabbt växande massa- och pappersmarknaden i Sydamerika. In this table result figures are not adjusted for possible differences in the account systems in the different companies. Margins, not to mention p/e-ratios, are therefore not direct comparable without closer analysis. Source: Swedish Federation of Consulting Engineers and Architects (STD)

14 14 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The top 300 Swedish consulting engineering and architectural groups Services C E O ceo/managing director Annual Report Turnover MSEK Group (October 2008) STD 1 1 SWECO AB MD ,5 3894, , ,0 Mats Wäppling STD 2 2 ÅF-koncernen MD ,3 3133, , ,6 Jonas Wiström STD 3 5 Semcon AB i ,4 1614, , ,8 Kjell Nilsson STD 4 4 WSP Sverige AB MD ,0 1829, , ,0 Rikard Appelgren STD 5 6 Rambøll AB svenska verksamheten MD ,0 1019, , ,0 Bent Johannesen 6 3 Teleca AB i ,8 2780, ,70 * ,5 René Svendsen-Tune STD 7 8 Epsilon AB i ,4 776, , ,9 Mats Boström STD 8 7 Grontmij Sverige AB MD ,9 907, , ,0 Ulf Palmblad 9 10 Vattenfall Power Consult AB Enr, E,CE ,8 718, , ,9 Mikael Lundin STD Etteplan Sverige (proforma) i ,4 411, , ,4 Tom Andersson STD Rejlerkoncernen AB e,i ,0 558, , ,0 Peter Rejler STD Tyréns AB ce, PM ,8 563, , ,0 Ulrika Francke STD Flygfältsbyrån AB MD ,8 514, , ,6 Anders Rydberg STD White arkitekter AB A, PM, Env ,1 341, , ,7 Anders Svensson Xdin AB (Alten Groupe nov 2008) I ,3 310, , ,8 Thomas Ängkulle STD Hifab Group AB pm, ,4 392, , ,7 Jan Skoglund STD Pöyry Forest Industry AB (svenska delen av Pöyry) MD,I ,2 240, , ,7 Börje Bergström STD Bengt Dahlgren AB M, Enr,Env ,6 186, , ,9 Åke Rautio *STD Structor Gruppen ce, PM ,0 152, ,37 101,3 Jan Stråth, Per Fladvad, olof Hulthén (SO) STD EnergoRetea AB M,E ,2 178, , ,7 Mikael Vatn STD VA-Ingenjörerna AB (Krüger A/S 2006) Env ,6 171,0 51 2, ,0 Kent Idenius STD Avalon Enterprise AB (tidigare uppgifter avs Avalon Technology) I *07 179,5 120, , ,7 Peter Mattisson STD Knightec AB i 07/08 173,9 144, , ,6 Dimitris Gioulekas STD Golder Associates AB ce, Env ,0 150, , ,3 Sven Hultsjö STD Norconsult AB (fd GF-Konsult AB /Norconsult AS fr 2007) CE,Env,A ,6 147, , ,8 Ljot Strömseng STD Swepro Project Management AB PM ,6 151, , ,8 Miguel Guirao Infotiv AB i 06/07 147,2 131, , Alf Berndtsson Consat Engineering AB i ,2 124, , ,0 Jan-Bertil Johansson STD Bjerking AB ce,m,a ,1 134, , ,3 Roine Gillberg STD Temagruppen Sverige AB a,pm ,6 118, , ,1 Håkan Persson STD ELU Konsult AB ce 07/08 140,3 103, , ,0 Sten-Åke Torefeldt STD Condesign AB i,e ,8 116, , ,3 Nils-Olov Johnson STD TP Gruppen AB (NIRAS Group A/S 2008) pm ,5 118, , ,7 Bo Sundberg STD Tengbom a,ia ,0 102, , ,7 Magnus Meyer STD Centaur Segula Tech AB (Groupe Segula Techn. SA ) I ,3 121, , ,6 Mats Perry Lian Forsen Projekt AB pm ,1 101, , ,4 Jan Ahlinder STD Reinertsen Sverige AB (dt Reinertsen AS) ce ,9 59, , ,9 David Hellström STD Atkins Sverige AB ce 07/08 112,6 103, , ,4 Johannes Erlandsson STD Wingårdh-koncernen a ,4 91,1 98 6, ,0 Gert Wingårdh EBAB i Stockholm AB pm *07 95,0 74,0 80 Kaarel Lehisto STD Midrock Engineering AB ce,i 07 93,3 88,5 89 3, ,0 Stefan Kronman Creator Teknisk Utveckling AB i 06/07 93,3 59, , ,0 Bengt Wahlqvist Projektbyrån Stockholm AB pm 07/08 89,4 86, , ,0 Jonas Hellström FVB Sverige AB enr 07 87,6 80,6 88 9, ,1 Leif Breitholtz STD Fasitet PDE AB (holländska PDE Automotive BV ) I 07 84,8 101,5 59 4, ,0 Mats Bjurefalk STD IKG - bolagen i 07/08 84,0 67, ,00 32,0 Mathias Belsve STD Geosigma AB ce,env 07 81,3 76,8 71 4, ,5 Bo Eliasson STD Råbe Industrikonsult AB i 07/08 79,6 61, , ,5 Sture Leandersson STD NYRÉNS Arkitektkontor AB a 07 78,1 67,2 75 9, ,6 Mats Norrbom STD FOJAB Arkitekter AB (koncernen) A 07/08 78,0 42,9 66 8, ,2 Björn Wigelius STD Rücker Nord AB i 07 76,9 64, , ,9 Wolfgang Rücker STD Nitro Consult AB (dt Orica Norway) CE 06/07 72,8 57, , ,5 Donald Jonson STD Elator AB i 07 72,6 69,0 45 2, ,1 Ulf Mill (STD) Eurocon Consulting AB i 07 70,9 78,6 85 6, ,8 Christer Svanholm STD INCOORD AB M 07 67,9 60, , ,0 Olle Edberg STD Brunnberg & Forshed Arkitektkontor AB A 07 67,3 63, , ,3 Bengt Hellström PRC Engineering AB I (S) 07 65,5 49,8 52 5, ,0 Per Leftinger STD PICON Teknikkonsult AB (COWI AS 2008) MD 07/08 59,8 51,5 71 3, ,6 Håkan Johansson (Previous year) Average number of employees Result after financial items MSEK Added value/empl. ksek Total balance sheet MSEK

15 Swedish Federation of Consulting Engineers and Architects (STD), Services C E O ceo/managing director Annual Report Group (October 2008) STD Kadesjös Ingenjörsbyrå AB CE,M 07/08 59,7 51,2 51 8, ,2 Håkan Kadesjö STD Liljewall Arkitekter AB a 07 57,3 57,4 58 4, ,3 Leif Blomkvist STD Arkitekthuset Monarken AB a 07/08 56,1 45,1 45 8, ,5 Gunnar Grönlund STD Bygganalys AB pm 07 55,8 44,8 48 3, ,0 Anders Kivijärvi Projektengagemang gruppen MD 07 54,4 26,0 55 2, ,0 Per-Arne Gustavsson STD VBK ce 07/08 53,9 51,8 52 2,52 24,9 Ulf Kjellberg STD 65 (-) ÅWL Arkitekter AB a 07/08 53,8 42, , ,9 Jacob Haas Strategisk Arkitektur Fries & Ekeroth AB A 07 53,7 48,0 49 4, ,5 Göran Ekeroth SweRoad AB ce 07 53,6 61,7 42 0, ,0 Per-Erik Winberg STD CLC Installationsconsult AB (EnergoRetea fr juli 2008) M,E 07/08 53,6 48,8 68 4, ,6 Lennart Torsholm STD WermTec Industriteknik AB i 07 53,5 70,7 46 2, ,3 Anders Larsson STD Bergsäker AB ce 07 52,3 45,6 41 8, ,6 Göran Karlsson HOAB-gruppen AB pm *07 52,0 43,6 40 3, ,0 Per Olsson, Th. Liljenberg, L.Turesson, R.Nordin m fl STD Riba koncernen AB M,Enr 06/07 52,0 43,1 38 4, ,4 Björn Thelning (STD) PQR Consult gruppen (ur Wikmar & Sone Konsult AB) M,E 06/07 51,1 44,0 44 5, ,0 Mikael Bisther STD AIX Arkitekter AB a 06/07 50,7 45,1 56 4, ,7 Erik Källström STD Scheiwiller Svensson Arkitektkontor AB A 07/08 48,9 40,7 36 4, ,4 Inger Lindberg Bruce STD Krook & Tjäder AB koncernen a 07 48,5 34,2 66 2, ,4 Mats Bergstrand STD 77 *54 KPA Engineering AB i 07/08 48,0 44,0 64 6, ,7 Hans Paulsson STD AROSgruppen Arkitekter AB A 06/07 47,6 46,1 55 4, ,1 Jan-Ove Fogelberg AB Teknoplan e 07/08 47,2 35, , ,9 Bengt-Erik Brorsson Ergonomidesign AB i 06/07 46,2 41,3 45 2, ,0 Krister Torsell HRM/Ritline AB i 06/07 44,9 47,8 60 3, ,6 Jan Ulriksson (SO) STD InstallationVision AB (f d VVS-Vision AB) M 07/08 44,0 39,3 42 5, ,6 Olle Källman STD LinPro AB i, E 06/07 43,9 34,9 34 4, ,5 Anders Törnblom STD 84 VegaEnergi AB M,PM,CE 07/08 43,8 42,9 33 1, ,5 Max Jansson STD BERGAB Berggeologiska Undersökningar AB ce 07 43,4 40,4 37 4, ,7 Örjan Wolff BrandInvest (ombildat ur Brandskyddslaget AB) M 07 43,3 38,1 27 6, ,2 Bo Wahlström STD Ingenjörsbyrån andersson & Hultmark AB M 07 43,0 40,9 45 6, ,1 Håkan Elfström STD TM-Konsult AB ce, I 06/07 42,6 35,3 62 Kennet Holmbom STD LUTAB Luthanders ingenjörsbyrå AB (Etteplan okt 2007) I 07 42,5 39,3 31 0, ,2 Johan Westberg KNSS Gruppen AB ce,e,m 07/08 42,4 46,8 38 2, ,5 Denny Sandberg STD FLK Sverige AB (koncernen) M 07 42,2 38,1 58 3, ,0 Nils Zinn STD Arkitektbyrån AB i Göteborg a 07 42,1 36,6 45 1, ,7 Jan Åkerblad STD 93 *87 LEB Consult AB (koncernen) M 07/08 41,5 39,1 41 4, ,6 Lars Mohlin STD Projektgaranti AB p 06/07 40,9 30,2 40 0, ,8 Michael Walmerud Wester+Elsner Arkitekter AB a 06/07 40,8 35,1 30 3, ,2 Lars Wester STD Equator Stockholm AB a 07 40,7 38,2 34 2, ,8 Annica Carlsson STD Automations Partner AB i 07 40,4 28,6 23 0, ,4 Christer Wernrud STD Wikström VVS-Kontroll AB M 07/08 38,9 36,5 40 2, ,1 Stefan Pettersson STD Helenius Ingenjörsbyrå AB M 07 38,7 30,4 28 4, ,1 Arne Wallström Solvina AB i 06/07 38,6 46,5 23 7, ,1 Mikael Nyström STD TQI koncernen M 07/08 36,5 36,6 36 3, ,0 Jan Nöid Cross Design i Göteborg AB i 07 36,4 29,7 42 3, ,8 Tommy Bergh STD Koteko AB i 07 36,1 33,3 24 4, ,6 Lars Nyström Brandkonsulten Kjell Fallqvist AB M 07 36,1 33,4 24 5, ,2 Kjell Fallqvist STD Integra Engineering AB pm,ce 07 36,1 22,9 38 5, ,5 Anders Skoglund Alfakonsult AB pm, MA 07 36,0 32,0 25 1, ,6 Kristian Hamberger IP Industri & Projektconsult AB i 06/07 35,9 24,7 40 2, ,3 Michael Augustsson STD BAU Arkitekter AB a 07 35,4 26,2 30 8, ,1 Per-Erik Sundby STD Centerlöf & Holmberg AB ce 07 35,3 30,0 31 8, ,1 Bengt Andersson STD Mondo Arkitekter AB a 07 35,1 37,0 45 0, ,9 Kurt Axelsson Hedström & Taube Projektledning AB PM *07/08 34,4 34,9 11 5, ,4 Erik Taube STD SYD ARK Konstruera AB a,ce 07/08 34,3 34,1 14 7, ,9 Ulf Larsson STD Reflex Arkitekter AB a 06/07 34,0 31,1 36 3, ,0 Johan Linnros STD BSK Arkitekter AB a 07 33,9 39,4 37 1, ,3 Ulf Mangefors FS Dynamics AB i 07/08 33,5 27,4 35 2, ,8 Ulf Mårtensson STD VAP VA-Projekt AB (VAP Invest II AB) Env 07/08 33,1 29,6 28 3, ,3 Mikael Melin STD = Member of the Swedish Federation of Consulting Engineers and Architects. (*) = lack of conforming figure/proforma/assumed = missing figure PM = Project Management, A = Architecture, CE = Civil/Structural Engineering, Env = Environment, Enr = Energy, E = Electrical, M = Mechanical/HEVAC, I = Industrial, MD = Multi Disciplinary Turnover MSEK (Previous year) Average number of employees Result after financial items MSEK Added value/empl. ksek Total balance sheet MSEK

16 16 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The top 300 Swedish consulting engineering and architectural groups STD Danatec AB (Rejlerkoncernen aug 2008) I 07 32,9 26,6 46 2, ,0 Lennart Sjölund A&P Arkitekter AB (Ahrbom) A 07 32,3 34,5 22 2, ,5 Per Ahrbom (SO) STD A5 Arkitekter & Ingenjörer AB a 06/07 31,7 27,6 30 2, ,0 Roger Lindvall STD AQ Arkitekter i Eskilstuna AB a 07/08 31,3 34,1 25 4, ,5 Lars Almstedt STD Sören Lundgren Byggkonsult AB CE, PM 07/08 31,2 28,7 24 3, ,4 Anders Harlin STD HJR Projekt-el AB e 07 31,1 31,6 31 0, ,1 Lennart Harging STD Landskapsgruppen Göteborg AB A 06/07 30,9 24,5 32 4, ,2 Tomas Hagström Konkret Rådgivande Ingenjörer AB CE 07 30,7 23,6 25 4, ,8 Olle Norrman Berg Bygg Konsult AB (ÅF juli 2008) CE 06/07 30,5 21,6 13 3, ,7 Kennerth Röshoff / ÅF STD Järnvågen AB (Bergström, BEKAB, Indautomat m fl) i 06/07 30,3 25,6 38 4, ,2 Tord Hägglund HillStatik AB S,CE 07 30,0 22,8 17 9, ,8 Owe Svensson STD MAF Arkitektkontor AB a 07/08 29,9 38,9 25 2, ,4 Mats Jakobsson STD TEAM TSP Konsult AB e 07 29,9 26,5 27 4, ,7 Göran Berg STD AG Arkitekter AB a 07 29,9 27,3 30 3, ,5 Anders Gunnedal STD Semrén & Månsson Arkitektkontor AB A 06/07 29,9 23,3 24 5, ,5 Magnus Månsson STD Prows AB, Industriell Process & VVS I,M 06/07 29,3 26,2 33 1, ,0 Kjell S. Andersson STD Pyramiden Arkitekter i Göteborg AB A 07 29,3 25,5 29 3, ,6 Dan Nyström STD 134 archus Arosia Arkitekter a 07 29,3 24,7 28 5, ,9 Johnnie Pettersson STD 135 *120 Lund & Valentin Arkitekter AB A 07/08 29,1 31,3 35 1, ,7 Bo Karlberg Ågrenkonsult Sverige AB pm 06/07 28,5 25,4 18 4, ,8 Anders Röstlund STD Projektledarhuset i Stockholm AB PM 07/08 28,2 21,3 18 3, ,9 Örjan Källström STD CA consult gruppen pm *07 28,0 30,3 27 1,62 14,1 Lennart Olsson STD Creacon Halmstads Konsult AB CE 07 27,4 24,2 37 1, ,6 Göran Feldt Per Schönbeck Elprojekt AB - koncernen E 07 27,3 30,4 33-0, ,2 Roger Johansson STD Relitor AB (f d Luleå Industriteknik AB) I 07 27,2 15,8 17 1, ,1 Mikael Nilsson STD P O Andersson Konstruktionsbyrå AB M 07 26,7 26,7 19 6, ,3 Arne Berggren STD Thomas Eriksson Arkitektkontor AB A 06/07 26,7 22,4 29 1, ,7 Thomas Eriksson STD Projektteamet Västsvenska AB CE 07 26,6 19,7 30 1, ,4 Lars Howander (SO) STD Fagerström Industrikonsult AB I 07/08 26,4 19,5 21 1, ,7 Per Fagerström STD Mats Strömberg Ingenjörsbyrå AB E 07 26,3 19,8 18 2, ,0 Mats Strömberg STD Electro Engineering koncernen AB E 07/08 26,0 21,7 21 5, ,1 Bo Andersson STD Mecad AB M,CE 06/07 26,0 23,2 32 2, ,9 Sören Grönlund (STD) Services C E O ceo/managing director Annual Report Turnover MSEK Group (October 2008) Projektbyggaren i Blekinge AB (projekteringsbolagen) pm,a *07 26,0 27,5 18 2,70 * Mats Persson STD GMKI Elkonsult AB e, Enr 07 26,0 26,8 42 0, ,1 Magnus Andersson Camatec Industriteknik AB i 07/08 25,6 18,6 24-0, ,1 Peter Mikael Wigarthsson STD ACNL Elteknik AB e 07 25,5 27,0 31-0, ,2 Erik Fant STD Pidab Instrumentdesign AB i 06/07 25,3 25,0 26 0, ,3 Jan Dahlén ABAKO Arkitektkontor AB a 07 24,3 21,1 29 1, ,1 ingen vd Kemakta Konsult AB env 07 23,9 22,5 19 0, ,5 Bertil Grundfelt PB-Teknik AB M 06/07 23,9 16,0 22 4, ,7 Patrik Bergström STD Studio 1.11 Arkitekter AB a 07 23,7 11,6 19 2, ,3 Jan Hardenborg KFS Anläggningskonstruktörer AB CE,PM 06/07 23,5 24,2 22 2, ,7 Hans Klingenberg STD Mekaniska Prövningsanstalten MPA AB M 07 23,4 23,0 15 3, ,8 Thorbjörn Olsson STD Berg Arkitektkontor AB a 07 23,3 10,3 17-1, ,5 Svante Berg STD FL Arkitektgrupp i Borås AB A 07 23,2 19,6 20 3, ,6 Karl Blomberg STD Bertrandt Sweden AB (ägt av tyska Bertrandt) i 06/07 23,1 19,4 27 2, ,3 Volker Schier, Ulrich Subklew (SO) STD Murman Arkitekter AB a 07 23,0 16,7 26 3, ,8 Hans Murman URS Nordic AB Env *06 23,0 24,2 25 1, ,2 Jesper Kildsgaard STD SAMARK Arkitektur & Design AB A *07 22,9 19,4 23 4, ,2 Stefan Bergkvist STD Creacon AB a,pm,env 07 22,7 22,8 29 2, ,1 Lennart Hillerström STD STIBA AB ce 07 22,5 18,0 21 5, ,4 Rune Dalmyr Creanova AB M, Enr 06/07 21,7 20,8 16 3, ,7 Göran Olsson STD BSV Arkitekter & Ingenjörer AB A, CE *06 21,5 18,1 23 1, ,1 Johnny Grauensgaard STD Knut Jönson Ingenjörsbyrå AB CE 07/08 21,4 20,8 20 6,79 * 34,8 Per Arne Näsström Clinton Mätkonsult AB ce 06/07 21,3 15,3 25 1, ,5 Johan Nyström STD Rockstore Engineering AB ce 06/07 21,0 20,8 19 2, ,5 Johnny Samuelsson STD Consultec Arkitekter & Konstruktörer AB a,ce 06/07 20,8 16,7 19 3, ,5 Allan Forslund STD Deva Mecaneyes AB i 07 20,8 18,3 25 2, ,3 Magnus Welén TKG Teknikkonsultgruppen AB I, E 07 20,3 16,8 20 4, ,4 Robert Johansson STD Södergruppen Arkitektkontor AB A 07 20,2 13,2 15 3, ,5 Jens Deurell STD Anders Bergkrantz Arkitekter AB A 07 20,2 19,2 15 0, ,3 Anders Bergkrantz STD Erséus Arkitekter AB a 07 20,0 16,9 18 1, ,6 Peter Erséus (Previous year) Average number of employees Result after financial items MSEK Added value/empl. ksek Total balance sheet MSEK

17 Swedish Federation of Consulting Engineers and Architects (STD), Services C E O ceo/managing director Annual Report Turnover MSEK Group (October 2008) STD Marktema AB ce 06/07 19,8 21,1 11 1, ,4 Johan Gréen STD PIAB PI i Göteborg AB ce 07 19,8 16,6 21 1, ,6 Stefan Bengtsson STD Rördesign i Göteborg AB I,M 07/08 19,6 17,2 23 0, ,6 Jan Karlsson STD Arkitektgruppen G.K.A.K AB a 07 19,6 16,2 22 1, ,9 Bo Johansson Uulas Arkitektkontor AB a 07 19,5 15,6 14 4, ,6 Jerker Edfast STD Alteco AB e 07 19,2 17,1 18 1, ,8 Andreas Lundström Evolator Group AB i *06 19,2 31,1 19-3, ,0 Bo Claesson STD Ahlqvist & Almqvist Arkitekter AB A 07/08 19,0 17,4 18 2, ,4 Bengt Ahlqvist STD METRO Arkitekter AB a 07/08 18,8 17,5 22 2, ,0 Claes R. Jansson ARIA Consulting AB MD 07 18,6 17,2 26 0, ,2 Alf Fredell STD Rolf Tellstedt i Göteborg AB ce 07 18,5 21,1 21 2, ,3 Björn Tellstedt, thomas Östergren STD Carlstedt Arkitekter AB A 07 18,4 19,0 20 2, ,6 Kerstin Eken STD BBH Arkitekter & Ingenjörer AB A,CE 07 18,1 15,4 13 0, ,8 Rolf Nilsson STD Teldako AB (Grontmij Sverige maj 2008) E,I 07/08 18,1 19,2 22 0, ,5 Ramböll STD Rosenbergs Arkitekter AB a 07 17,9 15,2 25 2, ,4 Inga Varg STD Vatten och Samhällsteknik AB Env 07/08 17,8 18,0 19 1, ,6 Stefan Ljung STD Elektrotekniska Byrån i Karlstad AB E,I 07/08 17,6 14,3 19 1, ,5 Jonas Bjuresäter STD AxRo Consult AB M 06/07 17,4 21,5 22 0, ,2 Anders Walter Cross Technology Solutions AB I 07 17,4 12,9 20 0, ,7 George Sioustis STD Nordstrand Friesenstam rung Arkitektkontor AB a 07/08 17,2 16,5 20 1, ,2 Peter Rung Wallenstein VHP Arkitekter-Ingenjörer AB A,CE 06/07 17,2 11,0 14 1, ,2 Anders Karlsson STD Wickenberg Bygganalys AB pm 07 17,2 18,6 11 2, ,9 Peter Widding STD K-Konsult Elmiljö AB e 07 17,1 15,7 23 1, ,1 Leif Ulmgren STD EKAB Elkonsult KB e 07/08 16,8 14,8 19 2, ,1 Åke Gradin Fire Safety Design AB M 07 16,6 13,5 19 0, ,4 Richard Nilsson Visby Arkitektgrupp AB a,ce 07 16,4 13,2 17 1, ,3 Annalena Mosséen (SO) STD Contekton Arkitekter Fyrstad AB A 06/07 16,3 14,2 18 4, ,6 ingen vd STD Umeå Industri & Kraft Konsult AB I,E 07 16,0 12,9 15 1, ,1 Bertil Rönnlund STD Pantektor AB / SKAPI projektutveckling AB a,ce,pm 07 16,0 18,1 15 0, ,8 Bertil Hägg STD Arkitekterna Engstrand och Speek AB A 06/07 15,8 13,8 14 1, ,6 ingen vd Bjurström & Brodin Arkitekter AB A 06/07 15,8 7,8 13 3, ,3 ingen vd STD Vinga Elprojektering AB e ,6 13,3 21 0, ,5 Mats Svengård MRM Konsult AB CE,Env 06/07 15,6 15,4 17 1, ,0 Mikael Nilsson STD BJ-Konsult i Visby AB ce,a,pm 07 15,5 16,3 19 2, ,9 Birger Jörnhammar Devellum Design & Development AB I 07 15,5 12,4 16 0, ,3 Peter Wallin STD TIBI Stockholm AB pm 07/08 15,4 15,0 10 2,09 * 6,8 Per Eriksson STD Tekmat AB i 07 15,4 10,1 15 0, ,3 Thomas Quist STD HMXW Arkitekter AB a 07 15,2 15,1 18 0, ,3 Ulf Widegren STD Rintekno AB (ägt av Rintekno Oy) I 07 15,2 16,1 17 1, ,5 Lars Lindberg Megaron Arkitekter AB a 07 14,9 15,0 8 0, ,0 Anders Högberg Aspinova AB i 07 14,8 13,6 18 3, ,2 Ulf Zandhers STD LPS Konstruktörer AB ce 07 14,8 10,1 12 3, ,5 Gösta Holgersson STD FRS Arkitektkontor AB a 06/07 14,6 10,1 15 0, ,6 Bo Svensson STD Lomar Arkitekter AB a 07 14,4 12,0 13 1, ,3 Pontus Lomar STD IMEK VVS Rådgivande Ingenjörer AB M 07 14,2 12,9 14 0, ,3 Ray Symes STD Fredblad Arkitekter AB a 07/08 14,1 13,8 19 3, ,6 Leif Jönsson Projektidé i Uppsala AB pm 07/08 14,1 13,4 10 0, ,8 Henrik Billing (SO) vkab VVS- och Driftkonsult AB M 06/07 14,1 12,7 17 0, Bengt Nilsson STD Ahlsénarkitekterna ABA 07 14,1 11,1 7 1, ,6 Mats Hallén STD Henrik Jais-Nielsen & Mats white Arkitekter AB a 07/08 14,1 13,7 16 2, ,8 Nils-Erik Landén STD Ingenjörsgruppen Ståhlkloo AB M 07 13,9 15,5 17 0, ,1 Torbjörn Pettersson Svea Teknik AB i 07 13,8 13,2 18 2, ,6 Rune Lindberg Contekton Architects and Planners AB A 07 13,7 18,7 6 3, ,1 Sten Jonson SamCon AB ce,pm 07/08 13,5 11,7 12 2, ,9 Rolf Ramström STD AGERA VVS-Design AB M 07 13,3 12,7 12 0, ,4 Christer Ahlinder Vcon VVS-Konsult AB M 07/08 13,0 11,2 13 3, ,5 Nicklas Andersson ENT Energiteknik AB e 07 13,0 13,8 14 0, ,0 Elmer Wiklund (SO) STD Johan Celsing Arkitektkontor AB A 07 13,0 7,4 13 0, ,5 Johan Celsing Logiksystem i Skövde AB e,i 07 12,9 8,8 10 1, ,2 Ulf Nilsson STD Atrio Arkitekter i Kalmar AB a 07 12,8 12,7 15 0, ,6 Olof Utterback Brandgruppen Projektering olle Norrby & Co Teknik AB M 06/07 12,7 11,9 11 0, ,4 Johan Renvall (Previous year) Average number of employees Result after financial items MSEK Added value/empl. ksek Total balance sheet MSEK STD = Member of the Swedish Federation of Consulting Engineers and Architects. (*) = lack of conforming figure/proforma/assumed = missing figure PM = Project Management, A = Architecture, CE = Civil/Structural Engineering, Env = Environment, Enr = Energy, E = Electrical, M = Mechanical/HEVAC, I = Industrial, MD = Multi Disciplinary

18 18 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The top 300 Swedish consulting engineering and architectural groups Services C E O ceo/managing director Annual Report Turnover MSEK Group (October 2008) Industrikonsult Palmgren & partner AB i, PM 07 12,7 9,6 10 0, ,7 Thomas Palmgren STD Sundell Arkitekter AB a 07 12,7 11,6 13 0, ,5 Mats Lennfalk Thorbjörnsson+Edgren Arkitektkontor AB A 07 12,5 10,1 15 1, ,2 Ulf Thorbjörnsson STD CH Arkitekter AB a 07 12,4 10,1 14 1, ,2 Per Seiving Seveko VVS Konsult AB M 07 12,2 11,4 14 0, ,7 Henrik Sandén STD Lindberg Stenberg Arkitekter AB A 07 12,2 10,7 12 1, ,2 Dag Lindberg STD Claes Dahlgren Arkitektkontor AB A 07 12,1 10,5 9 4, ,0 Claes Dahlgren EVU Energi & VVS Utveckling AB Enr, M 07 12,1 7,2 17 0, ,3 Jonny Ask STD Geosystem i Sundsvall AB ce 07/08 12,0 13,4 14 0, ,5 Mats Olsson Fe Arkitekter AB a 06/07 11,7 12,6 10 2, ,7 Ove Bergström STD Epsilon Byggkonsult AB ce 07/08 11,6 10,8 14 1, ,6 Jimmy Bredstenslien STD Storköksbyrån i Stockholm AB S 06/07 11,6 8,5 1 3,05 * 13,2 Peggie Ulle VVS och Energi i Borås AB M 06/07 11,4 10,9 12 2, ,1 Gerhard Englund STD Projectpartner AB pm 07 11,4 9,8 7 2, ,5 Joachim Öhman STD Arkitekthuset Jönköping AB a 07/08 11,2 11,2 13 1, ,3 Bert Noorlander STD Granholm koncernen AB CE 07 11,0 11,4 14 0, ,6 Kent Olofsson STD Lindstam Broman Elgström arkitekt AB A 07 11,0 10,7 13 1, ,2 Mats Elgström Sprängkonsult i Göteborg AB CE 07 10,8 10,0 9 0, ,0 Kurt Östlund (SO) STD Arkitektgruppen i Malmö AB A 07 10,7 9,5 13 3, ,2 Lars Karud Mårtensson & Håkanson Byggrådgivare AB pm 06/07 10,7 10,1 7 0, ,0 ingen vd STD KUB Arkitekter AB a 06/07 10,6 8,7 10 0, ,8 ingen vd Pontus Möller Arkitekter AB a 07 10,4 11,5 15 1, ,8 Pontus Möller Comarc Projektering AB ce,a 06/07 10,4 8,9 9 1, ,6 Peter Nygren Trafimark AB ce 07/08 10,3 8,7 8 1, ,1 Jan-Inge Wallin STD Malmström & Edström Arkitektkontor AB A 07/08 10,2 8,5 13 0, ,7 Christer Malmström STD A-Gruppen Flensborns Arkitektkontor AB A 07 10,2 8,8 16-0, ,6 Owe Gustafsson STD TH-Konsult AB M 07/08 10,2 9,8 10 0, ,7 Bo Lindberg A-Konsult Arkitekter och ingenjörer i Helsingborg a,ce 07 10,2 8,0 10 1, ,0 Matts Johansson STD Designpartners L Augustsson AB PM, S 07 10,1 11,3 9 0, ,4 Lennart Augustsson Arkitektgruppen i Gävle AB a 07 10,1 12,7 11 0, ,9 Christina Lundberg (SO) Uppsala Elkonsult AB e *07 10,1 8,4 10 0, ,9 Jan-Olof Darberg Teknikfunktion G Clemensson AB CE 07/08 10,1 8,2 9 1, ,6 Gösta Clemensson STD GHAB Arkitekter & Ingenjörer AB A,CE 07 10,1 8,2 9 1, ,0 Leif Gustavsson STD Metrix AB ce 07 9,9 8,5 8 2, ,9 Yngve Gustafsson K-Center Byggkonsult AB (Ramböll Sverige mars 2008) ce 06/07 9,8 10,0 10 1, ,5 ingen vd STD Gajd Arkitekter AB a 06/07 9,7 8,0 10 0, ,9 Mikael Nädele Inelko AB i 07/08 9,6 9,7 10 1, ,3 Steve Olsson STD Larsson Arkitekter i Stockholm AB A 07/08 9,6 9,3 12-0, ,9 Jerker Larsson STD Zuez Arkitekter AB a 07/08 9,6 14,7 8 0, ,2 Maria Grunditz Ingenjörsbyrån Elektrokonsult Lars Svensson AB e 06/07 9,5 7,5 12 0, ,1 Mikael Johansson STD Jan Lundqvist Arkitekter AB a 07 9,5 11,8 10 0, ,3 Jan Lundqvist Ferax Projektledning AB pm 07 9,5 20,0 2 0, ,8 Stefan Svensson PKAB, Projekt Konstruktion AB i 06/07 9,4 7,2 11 1, ,0 Stefan Lundahl Ekg Elkonsultgruppen i Karlstad AB E,I 06/07 9,4 9,7 12 0, ,7 Per-Ola Eriksson (SO) Coordia Consult AB ce, PM 06/07 9,3 8,1 6 0, ,7 Jan Eriksson STD FIGURA arkitekter AB a 06/07 9,2 7,5 11 0, ,6 Richard Nilsson STD Origo Arkitekter AB a 07/08 9,2 9,2 11 0, ,0 Anders Kalén Eladministration Turesson & Olsson AB E 07 9,1 8,4 9 0, ,6 Petre Svensson STD Metator VVS-Konsult AB M 06/07 9,1 10,6 11 0, ,2 ingen vd Plan- och Byggnadskonst i Lund AB A 07 9,0 7,9 11 1, ,3 Vlade Naumanovski STD DALARK Arkitekter AB A 07 9,0 9,3 8 1, ,3 Esbjörn Carlsson (SO) STD Danewids Ingenjörsbyrå AB ce 07/08 8,9 7,9 8 1, ,2 Göran Bäckström Dagon Projekt AB pm 07 8,9 9,8 8 1, ,8 Anders Carlsson STD MIAB Mikaelsson Ingenjörsbyrå AB E 06/07 8,9 7,9 8 1, ,0 Åke Larsson STD Böving & Kinnmark Arkitektkontor AB A 07 8,9 8,5 7 0, ,2 ingen vd KHR Rundquist Arkitekter AB a 07 8,8 8,1 10 0, ,3 Henrik Rundquist Ingenjörsbyrån Elektrokonsult AB E *07 8,7 7,5 12 2, ,0 Åke Rosenius Allmänna Maskinkonstruktioner AB I 07 8,7 9,1 11 3, ,7 Bertil Karlsson STD Johnels och Moberg Arkitekter AB A 06/07 8,7 8,5 9 0, ,4 ingen vd STD Landström Arkitekter AB a 06/07 8,6 7,0 6 1, ,1 Anders Landström STD CondoConsult AB ce 07 8,6 9,1 9 0, ,2 Christer Fohlström (Previous year) Average number of employees Result after financial items MSEK Added value/empl. ksek Total balance sheet MSEK

19 Swedish Federation of Consulting Engineers and Architects (STD), The Nordic market During 2007, the consulting engineering and architectural sector enjoyed a positive market situation in all the Nordic countries. However, the downswing on the housing market was noticed at an earlier stage in Denmark than in the other Nordic countries, a situation that began to make its mark among many of the Danish architectural firms already in During the course of 2008, the downturn in the important housing market gradually began to hit the architectural firms in other countries and from spring onwards decline was dramatic. In other investment areas, the demand for the sector s services has been good up until the autumn, with the possible exception of Iceland where they have had, and still have, a somewhat special financial situation. So the annual accounts for 2008 will, despite all, be relatively positive in the case of most companies. A common feature in all countries is that incoming orders during the latter part of the autumn given the general economic turbulence are declining and, above all, extremely unpredictable. Our co-operation with the organisations FRI, RIF, FRV and SKOL is continuing to develop, and in this Sector Report they are responsible for the descriptions in English of market trends and corporate news in the respective companies. The top 100 Nordic architectural groups Annual Coun- Em- (Previous Group report try ployees year) turnover STD 1 1 White arkitekter AB 07 SE ,1 msek STD 2 2 SWECO Architects 07 SE ,1 msek 3 3 Arkitektfirmaet C.F. Møller 07 DK ,8 mdkk 4 4 Arkitema K/S 07 DK ,0 mdkk STD 5 12 LINK Signatur Gruppen AS 07 NO ,2 mnok 6 6 Henning Larsen Architects 07/08 DK ,2 mdkk 7 5 Arkitekterne Schmidt, hammer & Lassen K/S 07 DK ,7 mdkk 8 9 Årstiderne Arkitekter A/S (proforma incl Kobra) *07/08 DK ,0 mdkk STD 9 7 Temagruppen Sverige AB 07 SE ,6 msek STD 10 8 Tengbom 07 SE ,8 msek DARK Gruppen *07 NO ,6 mnok XNielsen A/S 07/08 DK ,4 mdkk SKOL Pöyry Architects Oy (fd EVATA) 07 FIN ,8 meur STD Wingårdh koncernen 07 SE ,4 msek Snøhetta AS 07 NO ,2 mnok DAI Gruppen A/S 07 DK ,4 mdkk PLH Arkitekter A/S 07 DK ,0 mdkk Narud-Stokke-Wiig A/S (koncernen) 07 NO ,8 mnok Hvidt & Mølgaard A/S Arkitektfirma 07 DK ,4 mdkk STD NYRÉNS Arkitektkontor AB 07 SE ,1 msek JJW Arkitekter A/S 07 DK ,8 mdkk BIG / Bjarke Ingels Group 07 DK ,5 mdkk Dissing + Weitling Arkitektfirma A/S 07 DK ,5 mdkk Creo Arkitekter A/S 07 DK ,0 mdkk STD FOJAB Arkitekter AB (koncernen) 07/08 SE ,0 msek STD 26 Krook & Tjäder AB koncernen 07 SE 66 48,5 msek STD WSP Arkitektur (LINK Signatur AS 2008) 07 SE ,9 msek Niels Torp AS Arkitekter 07 NO ,8 mnok KHR AS Arkitekter 07 DK ,2 mdkk Arkkitehditoimisto Larkas & Laine Oy 07 FIN ,48 meur STD Liljewall Arkitekter AB 07 SE ,3 msek STD Brunnberg & Forshed Arkitektkontor AB 07 SE ,3 msek Vilhelm Lauritzen AS 07 DK ,2 mdkk STD AIX Arkitkter AB 06/07 SE ,7 msek STD AROSgruppen Arkitekter AB 06/07 SE ,6 msek Mangor & Nagel Arkitektfirma A/S *06/07 DK ,7 mdkk Erik Møller Arkitekter A/S 06/07 DK ,8 mdkk Aarhus Arkitekterne A/S *06/07 DK ,0 mdkk KPF Arkitekter A/S *07 DK ,0 mdkk Friis & Moltke A/S *07 DK ,0 mdkk Strategisk Arkitektur Fries & Ekeroth AB 07 SE ,7 msek Arkitektkontoret Hille Melbye A/S 07 NO ,4 mnok THG Arkitektar 07 IS misk STD Arkitekthuset Monarken AB 07/08 SE ,1 msek Arkis ehf 07 IS misk Arkitehtitoimisto Helin & Co Oy 07/08 FIN ,84 meur STD Arkitektbyrån AB i Göteborg 07 SE ,1 msek STD Mondo Arkitekter AB 07 SE ,1 msek STD 49 ÅWL Arkitekter 07/08 SE ,8 msek Arcasa Arkitekter AS 07 NO ,6 mnok

20 20 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The Danish market Annual Coun- Em- (Previous Group report try ployees year) turnover AMB Arkitekter AS 07 NO ,1 mnok Medplan AS Arkitekter 07 NO ,8 mnok Gottlieb & Paludan A/S Arkitekter 07 DK ,0 mdkk Arkitektfirmaet Kjaer & Richter A/S *06/07 DK ,0 mdkk Arkkitehditoimisto SARC Oy 06/07 FIN ,67 meur LPO Arkitektur & Design AS 07 NO ,3 mnok Innovarch Architects Oy 07 FIN ,34 meur STD BSK Arkitekter AB 07 SE ,9 msek STD Scheiwiller Svensson arkitektkontor AB 07/08 SE ,9 msek Heggelund & Koxvold Arkitekter AS 07 NO ,0 mnok Per Knudsen Arkitektkontor AS 07 NO ,4 mnok STD Reflex Arkitekter AB 06/07 SE ,0 msek Juul Frost Arkitekter A/S *06 DK ,4 mdkk STD Lund & Valentin Arkitekter AB 07/08 SE ,1 msek 65 (-) Triarc A/S Arkitekter 07 DK ,7 mdkk CUBO Arkitekter A/S 07/08 DK ,8 mdkk SAHL Arkitekter A/S 06/07 DK ,4 mdkk STD Equator Stockholm AB 07 SE ,4 msek C&W Arkiekter A/S 06/07 DK ,0 mdkk WITRAZ Arkitekter K/S *07 DK ,0 mdkk Lundgaard & Tranberg Arkitekter A/S 07/08 DK ,0 mdkk STD Grontmij arkitekter 07 SE ,9 msek Lund Hagem Arkitekter AS 07 NO ,2 mnok STD Landskapsgruppen Göteborg AB 07/08 SE ,9 msek Solem Hartmann Arkitekter AS 07 NO ,7 mnok Dorte Mandrup Arkitekter A/S 06/07 DK ,0 mdkk SKOL KSOY Arkkitehtuuria 07 FIN ,50 meur Wester + Elsner Arkitekter AB 06/07 SE ,8 msek STD BAU Arkitekter AB 07 SE ,4 msek Teiknistofan ekf (T.ark) 07 IS misk STD A5 Arkitekter & Ingenjörer AB 06/07 SE ,7 msek AK 83 Arkitektkontoret A/S 07/08 DK ,7 mdkk Ramböll Aros Arkitekter AS 07 NO ,6 mnok GPP Arkitkter A/S (fd Gjørtz, pank & Partnere A/S) 07 DK ,0 mdkk STD AG Arkitekter AB 07 SE ,9 msek VA Arkitektar 07 IS miskr 87 (-) Cebra Arkitekter A/S *07 DK 30 25,0 mdkk Arkitektfirmaet TKT A/S *06/07 DK ,0 mdkk TNT Arkitekter A/S 07 DK ,8 mdkk Tegnestuen Vandkunsten ApS 07 DK ,3 mdkk 91 (-) Gehl Architects 07 DK 30 18,7 mdkk Arkitektfirmaet Hou & Partnere A/S 07 DK ,4 mdkk Arkkitehditoimisto Lahdelma & Mahlamäki Oy 07 FIN ,70 meur Lund & Slaatto Arkitekter AS 07 NO ,4 mnok STD Pyramiden Arkitekter i Göteborg AB 07 SE ,3 msek Arkitektkontoret Børve og Borchsenius 07 NO ,2 mnok Rubow Arkitekter A/S 07 DK ,0 mdkk STD Thomas Eriksson Arkitektkontor AB 06/07 SE ,7 msek ABAKO Arkitektkontor AB 07 SE ,3 msek SKOL Arkkitehtitoimisto Laatio Oy 07 FIN ,56 meur High levels of domestic and international growth in 2007 and first half of 2008 In spite of the current financial crisis, which will have a significant impact on the global consulting engineering industry, the Danish consultancy firms came out of 2007 with historically good results. Prior to the financial crisis, the consulting engineering industry experienced a growth in gross revenue of 10 % in 2007 and a growth in export revenue of 10 %. Throughout 2007 and 2008 growth in the domestic market has been particularly strong within the building, construction and energy sectors, while environmental consulting has picked up in Industry exports have grown by a rate of 10 15% annually since In 2007 the export revenue for the members of FRI was DKK 1.9 billion, or equal to 20 % of total revenue. In addition to export revenue, Danish consultancies generate substantial revenues in foreign subsidiaries, in 2008 it is expected that revenue generated through exports and by subsidiaries abroad, will equal the value of revenue generated in Denmark by Danish firms. The high levels of growth have been achieved without severing the industry s profit margin, as seen in the firms accounts for Gross revenue in the domestic Danish market for the members of the Danish Association of Consulting Engineers (FRI) went up by 10 %, corresponding to industry revenue of DKK 9.4 billion. It is estimated, that total industry gross revenue will grow to DKK 10 billion in Sector market performance The performance of the Danish consultancy industry shows that its traditional sectors Building and Construction combined account for 56 % of revenue. Other distinctive sectors are Environment and Energy, accounting for 14 % and 12 % of industry revenue repectively. Outlook The forecasts for 2009 regarding earnings and revenue in the Danish consultancy industry indicate that revenue will grow by 3 5 % on the previous year and that the average profit margin will remain at the current level.

21 Swedish Federation of Consulting Engineers and Architects (STD), The majority of consulting companies in Denmark expect stagnating growth in the course of the next 6-12 months. Within a very short time span, the biggest challenge to continued growth has changed significantly, from being shortage of staff to being lack of new orders on the 6-12 months horizon. Continued growth in Danish GDP The Danish government forecasts real growth for 2008 of 3.0% in investments in residential construction and of 1.25 % in corporate investments. In 2009, residential construction is set to decline by 5.0% and corporate investments are set to decline by 2,75 %. The government expects GDP to grow by 1.1 % in 2008 and by 0.5 % in Increased government focus on the environment The liberal-conservative government of Mr. Anders Fogh Rasmussen is currently following a program where three areas are of particular interest for the consulting engineering industry: an increased focus on environmental issues in preparation for the 2009 UN Climate summit in Copenhagen (COP-15), increased efforts to meet labour shortages in the Danish labour market, and a tax reform. While the efforts to increase the flexibility of the Danish labour market, thereby meeting labour shortages, to a large extent has failed, the current financial crisis is making labour shortages much less of an issue. In spite of the financial crisis, a major tax reform is being planned for the spring of 2009 and preparations for the COP-15 conference are still on track. Important infrastructure projects The contours of a number of important infrastructure projects in the Danish market are emerging on the horizon. The Danish government will by the end of 2008 launch a major investment initiative for infrastructure. The initiative is expected to focus on improvement of the public transportation sector, in particular railways, and to launch an initiative for handling congestion of traffic in and around the major cities in Denmark. Three major infrastructure projects are currently being realised. First, agreement has been reached between the Danish and the German government, to build a bridge across the Fehmarn Belt, a link close to 20 km long between Rødby, Denmark, and Puttgarten, Germany. Second, renovation of the Danish rail network and an improvement of capacity on a number of major roads in the years have been agreed upon by the Danish parliament (value: app. DKK 9 billion). This initiative will be further boosted by the new investment plan. Finally surveys and design of the extension of the Copenhagen Metro (the City Circle Project) has been initiated. Construction is expected to begin in Internationalisation and Company News 2008 Danish consultancy firms have in the last decades increased their presence internationally through the ownership of foreign subsidiaries and a permanent presence in the markets close to Denmark. The presence is particularly focused on the Nordic region and Europe and on global growth markets such as the Middle East and Asia. In 2006 the Middle East became the 2 nd most valuable market for Danish consulting engineers, after the European Economic Area (EEA), this position was unchanged in In 2008 the revenue generated outside of Denmark by Danish Consulting Engineering companies and their subsidiaries abroad will equal the revenue generated in Denmark. Strong position in telecom for Rambøll COWI involved in the worlds longest bridge project Rambøll increased its revenue and profitability in 2007 from the high levels that had been reached in Furthermore, the number of employees grew with more than 1,600 people. During 2008, the international expansion of Rambøll continued at a high pace. In January, Rambøll Telecom established an office in Indonesia. In March Rambøll acquired the two Norwegian companies A1 Prosjekt in Narvik and Sivilingeniørerne Inglingstad & Tørnqvist AS in Fredrikstad. In april the Indian engineering firm IMIsoft, which specialises in the design of mobile towers, software development and mobile networks surveillance and employs more than 650 people, was acquired, making Rambøll the largest global consultant within design of telecom constructions. In November, Rambøll acquired the company Neocom ApS, which specialises in software for the health care sector. On the project side, Rambøll has signed a contract for the master planning of Vilnius, Kaunas and Palanga Airports in Lithuania. Another significant project is that Rambøll is part of the winning consortium to design and lead the construction of the largest hospital project in Northern Europe the New University Hospital in Aarhus which will be built as an extension of the existing Aarhus University Hospital in Skejby. The consortium consist of Rambøll, C.F. Møller Architects, Cubo Architects, Avanti Architects (UK), Schønherr Landskab, Tegnestuen Havestuen, Alectia, Søren Jensen Rådgivende Ingeniørfirma, Nosyko (N), Lohfert & Lohfert and Capgemini Denmark. Finally, The Copenhagen Opera, which Rambøll has projected, won The 2008 IABSE Outstanding Structure Award. This is an international prize, which is awarded once a year. COWI A/S was even more profitable in 2007 than it was in the high profit years of 2005 and In addition to generating record profits, COWI continued its strategy of international growth. In March COWI opened a new office in Wroclaw, Poland. In April COWI consolidated its position in Sweden with the acquisition of PICON Teknikkonsult AB, which has a staff of eighty. In May COWI took over the specialist wind company Tripod Wind with five employees, with the aim of becoming one of the top wind energy consultants globally. On the project side, COWI has been involved in some of China s first biomass power plants and COWI is playing an instrumental part in realising additional biomass plants. Also in China, COWI has developed green solutions to reduce the energy consumption in skyscrapers while being involved in the Bamboo Towers construction project. In the Middle East COWI is to design the longest bridge in the world, with a total lengths of 40 km, as part of the Qatar-Bahrain Causeway

22 22 Swedish Federation of Consulting Engineers and Architects (STD), 2008 project and a natural extension of the King Fahd Causeway. Finally, in Belgium, COWI has designed a new foundation for offshore wind turbines for the Thornton Bank wind farm project. In 2007 NIRAS, along with most other Danish consultancies, produced strong financial results. In 2008 NIRAS acquired a number of additional companies, making the total workforce of the company exceed 1,000 employees. In June, NIRAS signed an agreement on the acquisition of TP Group, a Swedish company with more than 100 employees. TP Group has offices in Sweden, Finland and Estonia. In July NIRAS Portconsult PBP Sp. Z o.o. with headquarters in Szczecin (Stettin) was set-up jointly with Polish company PBP Inwest Sp. Z o.o.. Also in July, NIRAS merged with Biota of Finland, making NIRAS one of the largest players in the Finnish development aid industry. For Grontmij Carl Bro 2007 was a good financial year in Denmark. In 2008, two of the high profile projects in Denmark has been the design of fully automated underground parking facilities in Copenhagen and the design of the first house in Denmark which, within a year, produces more energy than what it use (SIB-Zero+). First international acquisition for Alectia Alectia (formerly Birch & Krogboe) expanded internationally in 2008, following strong results in The acquisition of Penborn Technical Services on August 1 st was Alectias first international acquisition, motivated by the fact that more than 25% of ALECTIA s revenue is now generated outside Denmark. A couple of the more significant Alectia projects in 2008 are the New University Hospital in Aarhus and project management and design of four new breweries in Africa and Australia for SAB-Miller. Expansion and international growth among specialists and medium-sized companies For Atkins Denmark 2008 has given the company the opportunity to be involved in a number of exciting projects. Atkins Denmark has developed a new GIS-based Land Parcel. Identification System which will be used by the Danish Directorate for Food, Fisheries and Agri Business for the administrative procedures, when farmers apply for payment of agricultural subsidies. In the railway sector, Atkins Denmark are providing project management and are in charge of planning, control and coordination of all DSB activities when the Danish Öresund trains are to be equipped with ETCS (the new common European train control system). Moe & Brødsgaard opened their first international office in Oslo, Norway, in order to have a permanent presence in the Norwegian market where the company is already involved in a number of projects. In adition to Moe & Brødsgaard, also the company Esbensen Rådgivende Ingeniører has expanded in Norway, by opening a new office in Oslo. Esbensen are specialising in energy consultancy and construction in the Norwegian market. As a consequence of its growing international activities (USA, Bulgaria and China), the FLH Group has been accredited by LEED and projects by the FLH group can thus be certified to the LEED standard for environmentally friendly construction. In Denmark, the FLH group has been awarded the technical design for the extension of the national football stadium PARKEN. Orbicon, the large environmental consultancy firm, has made a strategic alliance with Nordic Consulting Group in order to strengthen the position of both companies in the field of sustainable development. Consolidation and internationalisation among architects A number of mergers and acquisitions have taken place among Danish architects throughout 2007: In January Friis & Moltke acquired Venndt Arkitekter in Aalborg and in april CF Møller acquired Vibeke Rønnow Landskabsarkitekterne. At the same time there has been further international expansion. In January JDS Architects opened an office in Belgium and in Norway Årstiderne Arkitekter expanded further, by acquiring the Nesbyen office from the engineering firm Roar Jørgensen AS. In February Bjerg Arkitektur opened an office in Warzaw, Poland, and later in 2008 Bjerg Arkitektur won the design of a new town hall for the city of Garwolin, Poland. BIG Architects have designed a spectacular project, Walter Towers, for the Czech developer Red Group and have won spectacular projects in Norway and Sweden in Also in 2008, Vilhelm Lauritzen Arkitekter won there first project in Norway, in the Norwegian city of Hamar. Henrik Garver, FRI About FRI The Danish Association of Consulting Engineers (FRI), founded in 1904, is a trade association for Danish consultancy firms providing independent consultancy services on market terms. FRI is a part of the Confederation of Danish Industries (DI). 385 firms are members of FRI and they employ together more than 20,000 people in Denmark and abroad. The association is the only trade association for independent technical consultants in Denmark. The objective of FRI is to support its member firms by contributing to improving their business conditions, strengthening the industry s framework conditions, profiling the industry and increasing its recognition on the national and international levels. FRI is an association for firms. It focuses on business matters and has established good liaisons with authorities and other partners. The association attempts as far as possible to gain influence on the drafting of framework conditions and legislation affecting market conditions in the industry. Internationally, the association is a member of FIDIC and, in Europe it is a member of EFCA. Address: Sundkrogskaj 20 P.O. Box 2604 DK-2100 Copenhagen Ø Tel: Fax: [email protected]

23 Swedish Federation of Consulting Engineers and Architects (STD), The top 100 Danish consulting engineering and architectural groups Turn average Tot. Balance annual over (Previous number of sheet CEO/Managing director Group Services Report MDKK year) employees MDKK (October 2008) FRI 1 1 Rambøll Gruppen A/S MD ,6 3945, ,0 Flemming Bligaard Pedersen FRI 2 2 COWI koncernen MD ,3 2808, ,2 Lars-Peter Søbye FRI 3 3 Grontmij Carl Bro A/S ( original ) MD ,8 1034, Birgit W. Nørgaard FRI 4 4 NIRAS-gruppen A/S special efter övergång till kalenderboklsut) MD *07 806,5 749, ,2 Carsten Toft Boesen FRI 5 5 Alectia ( formerly Birch & Krogboe koncernen) CE,PM ,8 392, ,6 Ingelise Bogason 6 (-) Orbicon A/S MD ,1 321 Jesper Nybo Andersen 7 6 Arkitektfirmaet C.F. Møller a *07 234,5 222,8 190 Lars Kirkegaard, Mads Møller FRI 8 8 Atkins Danmark A/S (incl Atkins Sverige) MD 07/08 233,5 177, ,2 Palle Beck Thomsen FRI 9 12 FLH Koncernen Aps MD ,0 135, ,7 Lars Kragh FRI 10 7 Moe & Brødsgaard A/S MD ,4 182, ,8 Christian Listov-Saabye FRI O.B.H-Gruppen A/S MD *07 181,0 161,3 205 Børge Gunnar Danielsen 12 9 Arkitema K/S a,pm *07 166,0 169, ,7 Peter Berg Henning Larsen Architects a 07/08 150,2 145, ,4 Mette Kynne Frandsen FRI ISC Rådgivende Ingeniører A/S MD ,0 135, ,7 Kjeld Thomsen FRI EKJ Rådgivende Ingeniorer AS MD 07/08 119,8 98, ,6 Jørgen Nielsen Arkitekterne Schmidt, Hammer & Lassen K/S a ,7 100, ,2 Bente Damgaard Årstiderne Arkitekter A/S (proforma incl Kobra) A *07/08 110,0 75,0 155 Per Laustsen XNielsen A/S a 8-Jul 07/08 104,4 96, ,5 Kim Christiansen, Bo Boje Larsen FRI Midtconsult A/S MD *07/08 100,0 60, ,8 Jens Lauritzen (SO) FRI Mogens Balslev Rådgivende Ingeniører A/S MD 07/08 89,4 76, ,9 Benny Andersen PLH Arkitekter AS a 07 82,0 67, ,2 Torben.Hjortsø, Jan Sander Fredriksen FRI Bascon Arkitekt-og Ingeniørfirma A/S PM,CE, A, 07/08 81,6 81, ,8 Ole Bisgaard Dissing + Weitling Arkitektfirma A/S * a 07 78,5 58, ,5 Pouli Hoffgaard Møller FRI Kuben Management A/S ( fd Kuben Bygherrerådgivning A/S ) pm07 74,0 70,8 95 carsten West White Arkitekter A/S (White Arkitekter AB) a *06/07 70,0 55, ,4 Claus Jørgensen, Frans Andersen FRI Søren Jensen A/S Rådgivende Ingeniører MD 06/07 69,3 55, ,3 Erik V. Jensen FRI DAI Gruppen A/S a, MD 07 68,4 56, ,4 Jørgen H. Therkelsen Creo Arkitekter A/S * a *07 56,0 47, ,8 Finn Sørensen FRI Dines Jørgensen & Co A/S ce, M, PM 07/08 53,7 53, ,8 Arne Peter Jørgensen Vilhelm Lauritzen AS a 07 53,2 63, ,1 Jens Ammundsen KHR Arkitekter AS a 07 50,2 49, ,4 Henrik Danielsen Hvidt & Mølgaard A/S Arkitektfirma * a 07 49,4 52, ,5 Peter Holsøe JJW Arkitekter A/S a 07 46,8 38, ,7 Anders Holst Jensen FRI Hundsbaek & Henriksen A/S (30 sept) MD 06/07 44,8 42, ,3 Niels Lerbech Sørensen ProInvent Gruppen A/S i *06 40,0 38, ,0 Leif Dalum Erik Møller Arkitekter A/S a 06/07 38,8 35, ,3 Hans Henrik Høilund Mangor & Nagel Arkitektfirma A/S a *06/07 38,7 31, ,1 Torben Nagel DOMUS arkitekter A/S * a 07 37,1 47,7 28 Jørgen Trolle Skaaning FRI DGE Dansk Geo-Servex A/S env *06 37,0 30, ,9 Poul Erik Jensen FRI ÅF Hansen & Henneberg, København A/S (dt ÅF 2007) PM 07 36,1 34,8 46 Per Seidelin C&W Arkitekter A/S f d Clausen & Weber A/S * A 06/07 36,0 20,5 34 Michael Petersen CUBO Arkitekter A/S * a 07/08 35,8 29, ,5 Peter Dalsgaard Dansk Teknologi A/S i 06/07 35,1 31, ,3 Thomas Lund Aarhus Arkitekterne A/S a *06/07 35,0 23,0 50 Tommy Falch Develco A/S i 07/08 35,0 30,8 36 Kresten Nørgaard Christensen FRI Skude & Jacobsen A/S MD 06/07 34,9 28, ,3 Peter Islev Dansk Miljörådgivning A/S * env 06/07 34,6 37,0 41 Mikael E. Nielsen FRI Sloth-Moeller A/S * ce 07 33,4 30,1 51 Jørn Plauborg FRI Energi- & Ingeniørgruppen ApS enr,ce *06 33,3 27, ,1 Martin S. Lavlund Gottlieb & Paludan A/S Arkitekter a, PM, CE 07 32,0 26, ,9 Jesper Gottlieb AK 83 Arkitektkontoret A/S * a 07/08 31,7 21, , KPF Arkitekter A/S a 07 31,0 28, ,6 Michael Reventlow-Mourier FRI Tri-Consult A/S MD 06/07 30,7 30,4 44 Hans Madsen 54 (-) RUMarkitekter A/S (merger fr april 2007) a 07/08 30, , GPP Arkitekter A/S ( fd Gjørtz, Pank & Partnere A/S) A 07 30,0 24, ,8 Lars Pank FRI Jørgen Wessberg A/S Rådgivende Ingeniører CE,M,E *06 30,0 30, ,0 Stig Wessberg FRI Nielsen & Risager A/S MD 07 29,6 28,5 43 Knud Risager FRI Dominia AS, Rådgivende Ingeniører CE, E, M, PM 07 29,1 27, ,8 Kjeld Christiansen Friis & Moltke A/S * a 07 29,0 28, ,7 Palle Hurwitz FRI Lyngkilde A/S Rådgivende Ingeniørfirma A/S CE *07/08 29,0 28, ,3 Erik Juul FRI AI-Gruppen A/S * a,ce 07 28,8 32, ,6 Peter Rasmussen FRI Hansen, Carlsen & Frølund A/S ce 06/07 28,5 25, ,0 Rene Almind FRI Wissenberg A/S * ce 07 28,3 29, ,1 Lars Bendix Christensen FRI 64 (-) Taekker Rådgivende Ingeniörer A/S ce 06/07 27, ,1 Birgitte Dal FRI = Member of FRI, the Danish Association of Consulting Engineers (*) = lack of conforming figure/proforma/assumed = missing figure PM = Project Management, A = Architecture, CE = Civil/Structural Engineering, Env = Environment, Enr = Energy, E = Electrical,M = Mechanical/HEVAC, I = Industrial, MD = Multi Disciplinary

24 24 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The top 100 Danish, cont Turn average Tot. Balance annual over (Previous number of sheet CEO/Managing director Group Services Report MDKK year) employees MDKK (October 2008) FRI Peter Jahn & Partnere A/S ce, A 06/07 27,0 12, ,0 Peter Jahn, Claus Dam FRI LIC Engineering A/S * i,s 07 26,7 19, ,5 N-E. Ottesen Hansen FRI Lemming & Eriksson Rådgivende Ingeniører A/S * CE 07/08 26,7 23, ,4 Knud Bay FRI Brix & Kamp A/S ce,e,i 07 26,0 16, ,2 Bent Vanggaard Juul Frost Arkitekter A/S * a *06 25, ,9 Helle Juul, Fleming Frost SAHL Arkitekter A/S a 06/07 25,4 24, ,6 Michael B. Hylleborg FRI 71 (-) Strunge & Hartvigsen A/S ce 07 25, , Arkitektfirmaet Kjaer & Richter A/S * a *06/07 25,0 20,0 40 Dan Christensen SWECO Architects A/S a, PM 07 25,0 24, ,8 Lone Busk Lundgaard & Tranberg Arkitekter A/S * a 07/08 25,0 30, ,0 Lene Tranberg 75 (-) Cebra Arkitekter A/S a *07 25,0 30 5,7 Mikkel Frost Arkitektfirmaet TKT A/S (Torkild Kr) a *06/07 25,0 19, ,2 Sören Vestergaard FRI Oluf Jørgensen Gruppen (Horsens 07/08) M,E,Enr 07/08 24,2 19, ,4 Kaj Møller FRI Consia Consultants A/S env *06 23,1 19, ,8 Erling Rask 79 *62 WITRAZ Arkitekter K/S * a 07 23,0 23,2 29 Per Zwinge Rubow Arkitekter A/S a 07 23,0 22,6 29 9,0 Martin Rubow TNT Arkitekter A/S * a,pm,ce,env 07 22,8 21, ,5 Ole Anstrup Dorte Mandrup Arkitekter A/S a *06/07 22,0 20,5 31 Dorte Mandrup-Poulsen FRI Ingeniørfirmaet P.A. Pedersen A/S e,enr,i,pm 07/08 22,0 23,2 25 9,5 Lars Otto Kjaer BIG / Bjarke Ingels Group a 07 21,5 29,1 71 Bjarke Ingels FRI Grue & Hornstrup Rådgivende Ingeniörer A/S CE, E 06/07 21,0 13,2 12 Lars Grue Emcon A/S pm,ce 07 20,2 18, , Triarc A/S Arkitekter a 07 19,7 17,0 35 Thomas Hvass Tegnestuen Vandkunsten ApS a 07 19,3 22,8 30 Steffen Kragh FRI Strunge Jensen A/S M,E,CE 07/08 19,1 12,0 22 6,2 Jesper Strunge Jensen Kullegaard Arkitekter A/S * a *06/07 19,0 18, ,4 Thomas Kullegaard LB-Consult A/S ce,m,e 07 18,9 18,1 24 6,3 Lars Bager Claus Bjarrum Arkitekter A/S a 07 18,7 19,9 22 S. Heegaard 93 (-) Gehl Architects A/S a 06/07 18, ,0 Jan Gehl FRI Torkil Laursen ApS Rådgivende Ingeniørfirma CE, PM 07/08 18,6 13, ,0 Jørgen Dueholm FRI 95 (-) Henrik Larsen Rådgivende Ingeniörer A/S ce 07 18, ,1 Henrik Larsen FRI Johansson & Kalstrup A/S MD 06/07 17,5 15, ,8 Knud Johansson FRI Henneby Nielsen Rådgivende Ingeniörer A/S MD 07 17,3 12,0 21 5,1 Jörn Henneby Nielsen AK 78 A/S * a 06/07 17,2 16,0 15 8, Rørbaek og Møller Arkitekter ApS * a 06/07 16,4 13,5 22 Birte Rørbaek, Lars Møller Arkitektfirmaet Hou & Partnere A/S * a 07 16,4 19,6 30 4,9 Ib Jensen Hou The top 30 Danish groups Result margins kdkk Turnover/employee Balance Sheet total/employee Result after financial items/employees kdkk 70 % Financial year As in Sweden, and other Countries, it s delicate to compare the performance of the large groups with that the midsized and smaller Companies. In the last-mentioned categories the often several partner s hard work have a comparatively more favourable effect on the Companies turnover and profitability. For the groups no in the chart above the total turnover in 2007 increased with 6,6 % to some 1962 MDKK and the number of employees (FTE) increased with 4,6 % to The turnover/employee therefore increased substantially to 783 kdkk (769). The earning/ employee before tax increased to some 107 kdkk (54). Converted to a result margin that means some 5,5 %. The average balance/employee was some 457 kdkk (418). Key figures for the top 30 groups (previous year) Turnover/employee 799 DKK 808 DKKK Earnings after financial items/employee 48 DKK 49 DKK Balance sheet/employee 447 DKK 487 DKK The total turnover for the top 30 groups increased with 16 % to some MDKK (11430). Using the same method the number of employees (FTE) increased with around 17,5 % tp (14150). The result margin for the largest companies was 6,0% (6,1).

25 Swedish Federation of Consulting Engineers and Architects (STD), Norway On the verge of a financial crisis and recession Norway, in common with other western economies is entering into a recession. At this point in time we have no real indicators to the reduction in activities for Norwegian consulting engineers. That the market and level of activities will be negatively effected is self-evident as we approach Taking into account the rise in prices (2.7 %), low unemployment rate (2.7 %), and an increase in mainland Norway GDP (3.0%) and historically excellent results for consulting engineers, 2008 looks like being a good year overall. High oil and gas price stretched over many years with subsequent major investments in both mainland Norway, together with an export surplus of more than NOK 350 billions in 2008, all should indicate a continued high level of activity within the Norwegian economy and for Norwegian consulting engineers in 2009, but the financial crisis will hit hard in 2009 and the economy is entering into a recession. To counteract an excessively high cost level, and to moderate domestic consumption, Norway established the Government Pension Fund (The Global state Pension Fund) in the 1990s. The market value of this fund is expected to surpass NOK 2100 billion in 2008, after major losses incurred in connection with the financial crisis. Economic development is expected to come to an abrupt halt in 2009 with zero growth in the Norwegian economy and the business sector as a whole. The building and construction sector is expected to see a marked downturn in building activities, but a slight increase in construction is forecast, which will be linked to an increase in public infrastructure projects. It is impossible to estimate in December 2008 how long the financial crisis will last and what the effects on the real economy will be. National priorities National priorities during the period are focussed on improving kindergartens and schools, health and social objectives, increased use of funds for road-building, railways and public transport, and energy & environmental profiles that look to the future, instead of general tax decreases. With a general election looming in the autumn of 2009, these efforts have been further concretised in the budgets for 2009 and in new crisis and initiative packages. Declining market for consulting engineers? In Norway, total building and construction investments increased dramatically from 2005 to 2008, and are now at a historically high level, with a total investment of NOK 253 billion in 2007, and an estimated NOK 247 billion in 2008, In 2009 and 2010 the estimated total investment will drop to 227 billion. The number of employees increased during the same period, from to , partly due to labour imports from the EU. Persons who are now leaving the country as layoffs within the sector are increasing. For 2009 and 2010 the number of persons employed is expected to be just below The downturn in the building market in 2008 is expected to be just over 10 %. Housing construction has fallen by 30 % in 2008 and is expected to fall be a further 30 % in The market for office buildings and commercial property (+10 % in 2008) is expected to show a sharp downturn of 15 % in 2009, and industrial and energy building construction is expected to fall by a similar figure. Public rehabilitation/ refurbishment projects are expected to increase in Many construction projects were halted in the autumn of 2008, and companies are holding off on initiating projects until economic development can be more clearly projected and financing can be clarified. Investments in construction did not show an increase in 2008, but are expected to increase by 5 % in Investments in larger oil and gas plants are under finalization, and public expenditure in roads, railway, and other infrastructure projects will show a considerable increase in Public-private cooperation projects (OPS projects) for roads and toll road financing have contributed to a rise in activities within transport sector projects, (roads, bridges and public transport). A new national plan that will be presented in 2009 seems to hold the promise that OPS projects will continue and/or be extended. Exciting energy and environmental projects After the completion of works for transportation and mainland oil and gas production plants for Snøhvit in Hammerfest, Ormen Lange in Aukra (Molde) and the development of the Heidrun oil and gas field, there are great expectations linked to oil and gas activities in the Barents Sea, where one expects to confirm some of the world s largest undeveloped oil and gas reserves. Investments in the development of oil, gas fields, and land-based plants in Norway and on Norwegian offshore continental shelves in 2008 alone are calculated to be NOK 115 billion. Investments are expected to reduce slightly from 2008, with the level of investment being dependent on new projects in Norwegian or Russian sectors and developments in the price of crude oil. Traditionally, Norwegian energy and electric power production has been based on hydroelectric power. This energy source is now limited, but the rehabilitation of older power plants, development of wind power, and investments in energy supply systems will lead to increased activity and more projects that are attractive and challenging to consulting engineers. New technologies for removing CO2 from gas are being developed, and many comprehensive development projects for gas generating stations with CO2 cleansing are forecast to commence during the coming decade. The first gasworks using such technology will be constructed at Mongstad near Bergen. A new gas-fired power station will also be built at Kårstø in Rogaland. The Oslo Package III is a transportation and environmental project. A total of NOK 53 billion will be invested in roads, railways, and public transportation in Oslo, financed by toll and turnpike revenues. The project will produce a number of exciting tasks for the branch in the years ahead. Several road and bridge projects, including a bridge spanning the Hardagerfjord the Hålogaland Bridge, a 1350 meter suspension bridge, and several

26 26 Swedish Federation of Consulting Engineers and Architects (STD), 2008 major motorway projects contributed to the forecast high level of activity. International projects oil and gas generate high levels of interest declining interest in development aid projects Norwegian participation in the development of the Stockman gas field in the Barents Sea is deemed to be a milestone for the Norwegian oil and offshore industry. StatoilHydro has an ownership interest of 24 percent in the Sjtokman Development Company, where Gazprom (51 percent) and French Total (25 percent) are the two other partners. The Sjtokman Development Company will be responsible for the planning, financing and development of the necessary infrastructure for the first phase of Sjtokman. This includes offshore installations, pipelines to land and processing plants for both liquid natural gas (LNG) and piped gas. The implementation of the project is dependent on the final investment decision, which will be taken during the last half of 2009, but Norwegian consulting engineers have already commenced work on the project. Strong competition, high financial hazards and ethical risks associated with development aid projects, combined with global tie-ups for development aid, have led to Norwegian consulting engineering companies altering the strategy for their international activities. This change has led to a turn away from purely development aid projects and toward working with investments in more developed countries, and towards purely commercial projects with lower risks. The export share on international projects was at almost 10% in 2004 but is forecast to reach 5 % - 8 % in A good home market with relatively limited risk and a high level of foreign ownership (40%) in the larger Norwegian enterprises, contributes to limiting interest in working away from home. Another contributing factor is the difficult national competition situation for independent consulting engineers in development projects. Norwegian development aid authorities have a number of framework agreements with other public enterprises, research institutes, and departments that are exempt from competition. Continued restructuring Major restructuring is taking place in both the Nordic Region and Europe in the consultancy branch towards ever-larger international groups and constellations. To a lesser degree, similar restructuring is occurring in Norway. More than 40% of companies in the branch are now owned in whole or part owned by other Nordic companies, and almost 70 % of employees in the trade work for the 6 largest companies. The restructuring of the Norwegian market typically means by that larger companies are buying up small local firms in order to serve the local markets and to gain access to multidisciplinary in-house resource staff for larger national projects. Restructuring continued in 2008, but to a lesser degree than previously. Norconsult AS, Norway s largest consulting company with projected turnover of NOK 1.6 billions acquired the companies Thomassen Byggteknikk in Molde, QualityAssurance Service AS, CM Consulting AS and Finnmark Teknikk AS during the first 6 months of In February 2008 Multiconsult AS established a new architectural company together with the architects company Link Signature. The new architectural company employs in the region of 200 architects and is the largest in Norway. In November 2008 Multiconsult acquired Kompas AS, a company that works in the fields of area and traffic planing In April 2008 Rambøll Norge AS took over the companies A1 in Narvik, Sivilingeniør Robstad AS in Kristiansand and Siv.ing. Inglingstad & Tørnqvist AS in Fredrikstad. In January COWI AS acquired the companies RIE Notodden and Envinor As with a total of 11 employees in the field of electrical and environmental municipal engineering. In December 2007 SWECO Norge AS purchased the western-norway based company Opticonsult AS with its approximately 160 employees with crossdiscipline expertise in a number of areas and fields. SWECO also purchased the company Tveiten Rådgivende ingeniører AS with 29 employees in Telemark and Agder, and the company Anders Digernes AS with 4 employees. NEAS ASA, a leading Norwegian company in facility management and property management purchased the construction management company F. Holm AS with 40 roughly employees in December Clas Svantesson, RIF RIF Rådgivende Ingeniørers Forening RIF is the organization for approved consulting companies in Norway. RIF member companies encompass both consulting engineers and other professions, and members activities are mainly associated with the building and construction market. IN 2009 RIF has 275 member companies employing in the region of persons and represents approximately 79 % of the independent consulting engineer branch in Norway. RIF works to ensure that member companies have the best possible framework conditions. RIF shall promote the interests of consultants and consulting companies in the public arena, towards the political establishment, the authorities and in relation to public and private principals Activities are based on the following basic principles: n Improve the framework conditions for competition, contracting and purchasing for the branch n Exposure through active participation in the media and in social debate n Be represented in important decisionmaking processes with customers and co-operating partners n Increase recruiting and attract young consultants to the branch n Contribute to the development of skills and expertise and revitalisation RIF is a member of EFCA and FIDIC. Address: Essendropsgate 3 Boks 5491 Majorstuen 0305 Oslo Tel.: Fax: [email protected]

27 Swedish Federation of Consulting Engineers and Architects (STD), The top 100 Norwegian consulting engineering and architectural groups Turn average Tot. Balance annual over (Previous number of sheet CEO/Managing director Group Services Report MDKK year) employees MDKK (October 2008) RIF 1 1 Norconsult AS-koncernen MD , , ,88 John Nyheim RIF 2 2 Multiconsult - koncernen MD ,52 800, ,67 Håkon Sannum RIF 3 3 Rambøll Norge AS MD ,96 669, ,80 Jan Ove Holmen RIF 5 4 COWI AS MD ,50 576, ,10 Christian Nørgaard Madsen RIF 4 5 SWECO Norge AS MD ,60 536, ,00 Vibecke Hverven 6 6 Reinertsen Engineering MD ,0 375,6 570 Erik Reinertsen RIF 7 7 Asplan Viak koncernen ce,env,a ,70 372, ,90 Øyvind Mork RIF 8 14 Dr. techn. Olav Olsen A.S ce, Enr,Env, PM ,09 109, ,76 Tor Ole Olsen RIF 9 8 Dr. Ing. Aas-Jacobsen A/S - koncern ce, PM ,60 187, ,06 Trond A. Hagen Rambøll Oil & Gas AS (dt Ramböll Danmark) Enr,I ,19 85, ,74 Egil Fredriksen Techconsult AS pm,i ,49 133, ,53 Ronny Meyer LINK Signatur Gruppen * a, PM ,20 128, ,88 Svein K. Halleraker RIF Opticonsult (SWECO Gröner fr Jan 2008) MD ,80 130, ,20 Ole-Petter Thunes RIF 14 9 Hjellnes Consult AS MD ,43 156, ,19 Geir Knudsen ny RIF PTL, Prosjekt- og Teknologiledelse AS pm ,91 103, ,81 Sven Erik Nørholm Teleplan Consulting AS e ,83 120, ,18 Asgeir Myhre RIF OPAK A/S pm,env,enr,e *07 120,00 105,5 126 Jan-Henry Hansen DARK Gruppen Arkitekter AS a ,64 100, ,40 Kjell Fek Östlie OEC Consulting AS enr,i,pm ,64 59, ,20 Knut Hegge Narud-Stokke-Wiig A/S (koncernen) a ,80 72, ,60 Ole Wiig Kongsberg Devotek AS (delägt av Semcon AB ) I 07 95,04 69, ,49 Per Håvard Kleven Snøhetta AS a 07 93,22 69, ,03 Ole E. Gustavsen Arkitektfirmaet C.F. Møller Norge AS a 06 88,99 83, ,31 Lars Kirkegaard RIF ÅF Norge bolagen M,E,Enr, I 07 88,35 74, ,16 Tore Fredriksen RIF Agder Energi Nettkonsult AS enr 07 81,11 56, ,01 Kjell Myrann RIF Barlindhaug Consult AS (konsultbolaget) MD 07 78,25 72, ,89 Arnor J. Jensen RIF Erichsen & Horgen A/S M 07 76,27 68, ,96 Erik Erichsen RIF Holte Consulting As pm,ce,enr 07 70,21 64, ,76 Are Ström Niels Torp AS Arkitekter a 07 68,82 61, ,62 Niels A. Torp Arcasa Arkitekter AS a 07 62,57 51, ,54 Per Erik Martinussen Poyry Forest Industry AS i 07 59,33 49, ,86 Espen Chr. Huth RIF Myklebust AS ce, PM 07 57,85 48, ,93 Børge Bertelsen RIF ViaNova Plan og Trafikk AS ce,pm 07 54,85 56, ,76 Tor Erik Saltnes Arkitekterne Astrup & Hellern AS a 07 52,03 43, ,93 Åke Letting RIF A.L. Høyer AS pm, CE 07 49,49 39, ,93 Liv Odden Arkitektkontoret Hille+Melbye A/S a,pm 07 49,38 50, ,20 Melvin Eiesland AMB Arkitekter AS a 07 47,13 43, ,08 Michael Bowe LPO Arkitektur & Design AS a 07 42,25 31, ,48 Lisbeth Halseth Medplan AS arkitekter a 07 41,78 33, ,47 Randi Mandt RIF F.Holm A.S (NEAS ASA nov 2007) pm 07 40,54 39, ,14 Tom Barfod Poyry Energy AS enr 07 40,16 34, ,43 Per A. Sjursaether Heggelund & Koxvold Arkitekter AS a, PM 07 39,98 28, ,93 Jon Heggelund IndustriConsult AS i,md 07 39,06 39, ,43 Jørgen E. Andersen HRTB A/S Arkitekter a 07 34,67 28, ,31 Ola Mowe Kåre Hagen konsernen pm 07 34,05 28, ,10 Arne Surén Lund Hagem Arkitekter AS a 07 33,17 28, ,66 Svein Lund RIF Sjåtil & Fornaess AS ce,a,pm 07 33,11 26, ,26 Dag Fornaess RIF ECT AS e,pm 07 32,89 29, ,15 Jan Henning Quist RIF RG-prosjekt AS ce,env, PM 07 32,86 29, ,92 Atle Romstad Per Knudsen Arkitektkontor AS a 07 32,39 28, ,95 Nina Kielland RIF Techno Consult Møre AS M, E, Env, PM 07 31,93 22,8 23 9,74 Einar Meisfjord Lund & Slaatto Arkitekter AS a 07 30,42 23, ,34 Bjarne Biørnstad Eliassen og Lambertz-Nilssen Ark. AS a 07 29,28 25, ,56 Anne Guri Grimsby RIF A.L. Høyer Skien AS pm, CE 07 29,09 27,7 16 8,82 Rolf Lie Techni AS i 07 28,67 16, ,65 Dag Almar Hansen Solem Hartmann Arkitekter AS a 07 27,66 15, ,83 Lars Meland RIF Sørlandskonsult AS MD 07 27,22 23, ,49 Gunnar Eickstedt Ramböll (Aros) Arkitekter AS a 07 26,64 27, ,70 Ingeborg Hovland RIF Bygganalyse AS pm 07 26,55 26, ,53 Otto Liebe RIF Ingeniør Per Rasmussen AS e 07 26,19 21, ,17 Per H. Rasmussen L2 Arkitekter AS a 07 25,59 18, ,00 Jon Flatebø Arkitektkontoret Børve og Borchsenius A, PM,CE 07 25,19 21, ,74 Jan Olav Horgmo Dyrvik Arkitekter A/S a 07 24,67 19,7 24 8,91 Halvor Bergan RIF Sivilingeniør Knut Finseth AS ce 07 24,54 21, ,36 Pål Jevanord RIF PABAS Ingeniør P.A. Bakkejord A.S CE,PM,A 07 24,48 30, ,19 Ketil Bakkejord Arkitektgruppen CUBUS A/S a 07 23,75 13,7 26 9,42 Erik Wald-Jacobsen økaw AS Arkitekter a 07 23,68 19,2 21 9,03 Else Wehler Arkitektkontoret Vest AS a *07 23,19 20,7 19 9,54 Kenneth Aas B Arkitekter AS a 07 23,16 23, ,12 Ole Stoveland RIF = Member of RIF, the Association of Consulting Engineers, Norway (*) = lack of conforming figure/proforma/assumed = missing figure PM = Project Management, A = Architecture, CE = Civil/Structural Engineering, Env = Environment, Enr = Energy, E = Electrical,M = Mechanical/HEVAC, I = Industrial, MD = Multi Disciplinary

28 28 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The top 100 Norweian, cont Turn average Tot. Balance annual over (Previous number of sheet CEO/Managing director Group Services Report MDKK year) employees MDKK (October 2008) Elmatikk Engineering A/S e 07 23,04 21,1 20 7,63 Stian Fuglset IndustriPlan AS i 07 23,04 18,8 18 8,79 Vemund Isachsen RIF Prosjektutvikling Midt-Norge AS PM,CE,E,M 07 22,71 21, ,20 Odd J. Tillerli RIF Dimensjon Rådgivning AS env, CE, PM 07 22,65 19, ,30 Njål Erland Arkitektkontoret ABO AS a 07 22,61 19,3 16 Lars Christensen Solheim + Jacobsen Arkitekter AS a 07 22,33 19, ,19 Anne Sudbø Kristin Jarmund Arkitekter AS a 07 22,13 18, ,21 Ola Helle Arkitekterne Halvorsen & Reine AS a 07 22,12 21, ,14 Kjell Kr. Reine Voll Arkitekter AS a 07 22,04 21, ,94 Sigbjørn Berstad FB Engineering AS (dt Flygfältsbyrån AB) ce,i 07 21,74 17, ,57 Jørn Christen Johnsen RIF Siv.ing Stener Sørensen AS ce 07 21,63 18, ,57 Bo Gunsell RIF Malnes og Endresen AS e 07 21,24 19,4 22 8,18 Roger Malnes Brandsberg-Dahl s Arkitektkontor AS A 07 20,68 19, ,13 Hans Jørgen Mo LOF Arkitekter AS a 07 20,61 19,9 17 9,48 Britt Ingebjørg Lien RIF Itech AS M,E 07 20,46 15,6 17 8,56 Tormod Berg RIF Nordplan AS ce,a 07 20,35 14, ,68 Svein Rotevatn Kristiansen & Bernhardt Arkitektur Interiør AS A 07 20,32 18,2 22 9,90 Thorvald Veire Bernhardt RIF CoNova AS ce 07 19,17 14,7 11 9,21 Arne H. Winther RIF CM Consulting AS (Norconsult juni 2008) ce 07 18,98 16,9 10 7,49 Einar Ödemark Meinich Arkitekter AS * a 07 18,97 16,6 15 6,91 Are Meinich Kosbergs Arkitektkontor AS a 07 18,92 18, ,72 Kjell Kosberg Enerhaugen Arkitekter AS a 07 18,77 13,0 21 8,66 Harald Krokstrand RIF Karl Knudsen AS pm, CE 07 18,48 18,2 17 8,52 Erik Johan Johnsen Arstad Arkitekter AS a 07 18,14 17, ,24 Kjell Erik Arstad Stenseth Grimsrud Arkitekter AS a 07 18,11 17,1 20 Jon Tore Grimsrud RIF Staerk & Co AS pm 07 18,09 15,7 19 8,21 Jan Lindland RIF Arcon Prosjekt AS a, PM 07 17,98 14,0 13 9,26 Inge Fagerhaug RIF Geovest Haugland ce 07 17,80 12, ,10 Ole Haugland RIF ViaNova Kristinasand AS ce 07 17,78 15,6 13 7,08 Tore A. Hals A-Tek AS Ingeniørfirma enr, I, M 07 17,60 17,9 16 Hans Nielsen RIF Roar Jørgensen AS pm,ce 07 17,29 15,8 20 8,50 Roar Jørgensen The top 30 Norwegian groups Turnover/employee Balance Sheet total/employee Result after financial items/employees knok 1100 knok Result margins % Financial year As in Sweden, and other Countries, it s delicate to compare the performance of the large groups with that the midsized and smaller Companies. In the last-mentioned categories the often several partner s hard work have a comparatively more favourable effect on the Companies turnover and profitability. For the groups no in the chart above the total turnover also in 2007 increased with double digits, 13,2 % (14,2) to 1975 MNOK (1744), while the number of employees (FTE) increased with 8,8 % (3,2) to some 1740 (1600). The turnover/employee increased to 1134 knok (up from 1090) and the earning/employee before tax increased to 153 knok (140). Converted to a result margin this means some 13,5 % (12,9). The average balance/employee was some 549 knok (515). The Equity ratio was 25 % (27 %). Key figures for the top 30 groups (previous year) Turnover/employee 1147 NOK 1049 NOK Earnings after financial items/employee 100 NOK 92 NOK Balance sheet/employee 642 NOK 580 NOK The total turnover for the 30 largest companies increased by 25 % (12,5) to 8561 MNOK (6858) and the average number of employees increased by just over 14 % (7) to 7465 (6535). The average balance per employee 642 knok and the equity ratio around 29 % (33).

29 Swedish Federation of Consulting Engineers and Architects (STD), The Icelandic market In the first part of 2007 there was still an upswing in the Icelandic economy, rather more than had been anticipated. Icelandic consulting firms had enough projects. Economic growth was about 2.7% in Although large projects in the field of energy-intensive industry and related construction for the provision of electric energy were finished for the most part in 2007, there was a great deal going on in Iceland, and there were enough projects for engineering and architectural firms. On the other hand, it was an established fact that too much housing had been built the last several years, both residential and commercial buildings. It was therefore clear that there would be a downturn for consulting companies working primarily in that market. Regarding the companies in the field of industry and manufacturing, the near future was brighter. There were plans for new energy-intensive industry projects and accompanying projects for power stations, both hydroelectric and geothermal power stations The Icelandic financial market, on the other hand, was in a state of crisis as of the fall of Because of the global financial crisis, the Icelandic banks could not procure refinancing. The Icelandic banking system had expanded in recent years many times beyond Iceland s GDP, and had steeped itself in debt without restraint. Since the beginning of October 2008, three of the largest banks in Iceland have collapsed Landsbanki, Kaupthing Bank and Glitnir. The Icelandic State, in FRV memberfirms Result Margins % Total turnover (estimated) MISK the wake of the collapse, enacted emergency legislation authorizing the takeover of these institutions, the sale of their assets and payment of their debts. Three new banks were also founded on the ruins of the former banks; they are supposed to service only the domestic market and thus enable companies and individuals in Iceland to continue engaging in financial transactions. The exchange rate of the Icelandic krona has also collapsed vis-àvis other currencies; in November 2008 it was about 50% lower in respect of other currencies than it was at the beginning of the year. Certainly, the value of the krona is forecast to increase again quickly but will probably not recover its former value. The Icelandic State will clearly be under enormous financial load because of the collapse of the banking system. Under the rules of the European Union, to which Iceland is bound through the Agreement on the EEA, the Icelandic State must reimburse all deposit owners up to a certain minimal amount. The Icelandic State has received loans from the IMF and a number of other states to be able to engage in currency trading. It has not been established what the value of the assets of the collapsed banks is, but it is expected that they will, in the end, cover a substantial portion of the financial obligations currently resting on the State because of the banks. It is clear that the State and municipalities will greatly reduce all projects; in addition, it is forecast that companies will generally not engage in extensive projects in Iceland in the near future. The exception is that there are energy-intensive industry projects and energy production because of them that are already on the drawing board. As things now stand, a substantial decrease can be firmly anticipated in the operations of consulting firms in Iceland in The Association of Consulting Engineers FRV is the trade and employers organisation for consulting engineering firms in Iceland. FRV is a negotiating body that engages in negotiations with technicians labour unions. The current wage agreements expire at the end of April 2009, while the wage agreement in effect for architecture firms expires at the end of February The current economic crisis in Iceland will surely have its effect on future agreements. FRV s member firms number 25 and their staff totals over 1,100 employees. The number of firms has decreased recently because of the above-mentioned mergers, but the number of staff increased. FRV represents about 85% of the available resources in the sector. FRV aims to support its member firms by contributing to the improvement of its members general business and working conditions and by improving the profile of the industry and its recognition in general. FRV attempts to increase the visibility of engineering consultants and keep attention focused on the importance of good consultancy and quality design. The condition for membership in the association is that the member companies have a certain minimum number of employees with the stipulated expertise and experience in consultancy. FRV is working to improve the working conditions of engineering consultants by having an effect on standard agreement terms, insurance, etc., as well as disseminating information to the member companies. FRV is a member of FIDIC (Fédération Internationale des Ingénieurs-Conseils) and EFCA (European Federation of Engineering Consultancy Associations). FRV s homepage is; FRV Address: Engjateigur 9 IS-105 Reykjavik Iceland Tel: Fax: [email protected]

30 30 Swedish Federation of Consulting Engineers and Architects (STD), 2008 Mergers the new trend in Iceland in 2007 and As regards Icelandic consulting companies, there has been a standstill until recently for many years when it comes to ownership changes, mergers or takeovers. At the start of 2007, the merger of VGK hf. and Hönnun hf. was announced. In April 2008 Rafhönnun hf. was added to that group, and it was also announced that the company s new name was Mannvit hf. At the start of 2008 the merger of VST hf. and Rafteikning hf. was announced. Fjarhitun hf., RT hf. and Fjölhönnun ehf. have recently been added to that group. The name of this company will be Verkís hf. At the beginning of May, the merger of Línuhönnun hf., Verkfrædistofa Sudurlands ehf., RTS verkfrædistofa ehf. and Verkfrædistofan Afl ehf. was announced. Therefore, 12 engineering firms have merged into three. The number of employees in each of these firms is between , which in Iceland is considered big. The combined number of employees is about 75% of the total number of employees of FRV s member companies. Operating performance of FRV s member companies in 2007 According to a survey (only consulting engineers) carried out by FRV, the total turnover for 2007 was MISK 12,645, an increase of more than 12% from the year before. The average profit among member firms was 12.4% of turnover for 2007, as opposed to 13.4% in The average profit and total turnover for the past several years can be seen in the graphs below. Magnús Baldursson, FRV The top 20 Icelandic consulting engineering and architectural groups Figures in Million Icelandic Krónas. Yearmedium 2008; 100 ISK = 1,1423 EUR average (Previous number of Group Services Turnover year) employees Balance Managing Director FRV 1 Mannvit hf.* MD 4385,96 300,00 eyjólfur Árni Rafnsson FRV 2 Verkís hf. ** MD 3567,56 304, ,89 Sveinn Ólafsson FRV 3 Efla hf. *** MD 2818,42 220, ,64 Guðmundur Þorbjörnsson FRV 4 6 VSÓ Ráðgjöf ehf. MD 850,00 693,00 72,00 502,00 Grímur Már Jónasson FRV 5 5 Almenna verkfræðistofan hf. MD 828,97 713,00 83,00 405,53 Helgi Valdimarsson FRV 6 9 Hnit hf. pm, CE, Enr 609,00 547,00 55,00 471,00 Harald B. Alfreðsson 7 12 THG Arkitektar a, PM 535,00 300,00 45,00 183,00 Halldór Guðmundsson 8 10 Arkís ehf. a, PM 499,00 513,00 45,00 225,00 Þorvarður Lárus Björgvinsson FRV 9 14 Ferill ehf., verkfræðistofa CE and PM 380,00 260,00 24,00 220,00 Ásmundur Ingvarsson FRV VSB verkfræðistofa ehf. CE. M, PM, E, Enr. 335,70 283,00 30,00 40,60 Stefán Veturliðason Tark Teiknistofan ehf. a 308,21 254,00 30,00 108,16 Ivon Stefán Cilia Batteríið ehf. a, PM 304,00 184,00 26,00 179,30 Guðmundur Ósvaldsson VA arkitektar a 282,50 198,00 30,00 111,50 Karl Magnús Karlsson ASK arkitektar ehf. a, PM 272,00 185,00 24,00 49,00 Páll Gunnlaugsson FRV VJI ehf. e, Enr, I and PM 223,00 170,00 18,00 91,00 Magnús Kristbergsson Arkitektur.is a, PM 216,88 125,00 12,00 111,24 Helga Benediktsdóttir FRV Verkfræðistofa Suðurnesja ehf. ce, Enr, PM and E 202,10 177,00 20,00 128,30 Brynjólfur Guðmundsson Arkþing ehf. a, PM 142,29 122,00 14,00 62,83 Hjörtur Pálsson Gláma Kím a, PM 130,40 136,00 16,00 106,50 Árni Kjartansson FRV 20 Afl og orka ehf. e, M, PM, Enr. 58,30 10,00 29,23 Pétur Karl Sigurbjörnsson * Mannvit hf. (former Hönnun hf. and VGK hf.) and Rafhönnun hf. mearged in the year Figures for 2007 are combined. ** VST hf., Rafteikning hf., Fjarhitun hf. and Fjölhönnun hf. have merged in the year 2008 under the name Verkís hf. Figures for 2007 are combined. *** Línuhönnun hf., Verkfrædistofan Afl hf. and RTS ehf. have mearged in the year 2008 under the name Efla hf. Figures for 2007 are combined. Key figures for the top 30 groups (previous year) Turnover/employee 13,000 MISK 11,520 MISK Earnings after financial items/employee 1,852 MISK 1,589 MISK Balance sheet/employee 5,61 MISK 5,59 MISK The total turnover for the top 20 groups was 1230 MISK and the total average number of employees was some The result margin before tax was as high as 15 %.

31 Swedish Federation of Consulting Engineers and Architects (STD), Finland Economic growth in Finland decelerating The Finnish economy has grown strongly in recent years. Finland s GDP has increased in real terms by over 50 percent over the past ten years. This is double the average of the other euro countries. Thanks to a strong economic growth, unemployment has fallen to 7 percent of the labour force. According to the September forecast of ETLA, Finland s GDP will grow this year by 2.8 percent and only 1.8 percent in The current business situation is already being described as weaker than normal in many sectors, and the expectations for the future are lower than before. Most of the collective labour agreements will remain in force for two and a half years and will expire in spring In the private sector, wage increases of new agreements are on the average 4.4 percent per year. This is considerably higher than in preceding years. Confidence indicators reflect the end of strong economic growth and the new climate of economic slowdown. Although expectations and order books within industry have deteriorated for some time already, this does not mean that growth has now stopped. The confidence indicators in the service sector have remained strong on average. Public investment high, private decrease The volume of public investment increased by almost ten percent 2007, and will continue to rise somewhat this year, largely because of major infrastructure projects. Moreover, the improved financial position of the local government sector will facilitate implementation of infrastructure obligations in urban planning. It is expected that public sector investment will slow down somewhat in 2009, but still remain at a fairly high level. According to the Finnish Industries Investment Survey published in June 2008 fixed investments by manufacturing industry companies in Finland increased seven percent in The total value of fixed investments will increase only one percent this year to almost 4,1 billion euro. Energy sector investments are currently at a historically high level. Investments shall increase in technology and chemical industry, but decrease in forest industry. Finnish construction sector pessimistic Finnish construction confidence indicator fell steeply, too. It scored -41 points in November The indicator is considerably below its long-term average. Order books are well below normal and workforce decrease is expected to continue over the next months. The volume of building construction was up by 7% year Market-financed housing construction began to decelerate 2008, and the number of residential startups was 30,800, ten percent less than the year before. Increased interest rates, high house prices, cyclical uncertainties and other factors have combined to dampen demand for housing. At the same time it is taking longer for houses to sell, and stocks of unsold new houses have increased. The number of residential start-ups is estimated to decrease another ten percent this year, and to remain even lower in 2009, despite active housing policy measures. Housing repairs and renovation, on the other hand, are expected to increase as builders who have been tied up in new builds become available. Industrial construction increased significantly thanks to building work at the Olkiluoto nuclear plant and several other major projects. Construction of public service premises showed only marginal growth in 2008, whereas construction of business and office space is slowing down. Civil engineering activity remained strong. Several major transport infrastructure projects are in the pipeline to replace those that will be completed in 2008, and in addition the strengthened financial position of local government will facilitate implementation of infrastructure obligations in urban planning. SKOL members long growth turn to decline SKOL members preliminary results for turn over 2008 show five percent increase to year Amount of people employed by SKOL member companies totalled in spring 2008, which was ten percent higher than former year. During the year growth has stopped and amount of people as well as turn over shall decrease in Consulting engineers order stocks turned down from a record level in summer The amount of orders in October represent more than five months work for all sectors, but the forecast for markets is declining, 60 percent of members see decline in the markets. Infrastructural engineering had the highest order stock, but one third of the companies expect markets decline next year. In building construction sector many started projects have been discontinued and the future is uncertain, but the same time renovation works are increasing. Industrial engineering orders have decreased almost 20 percent during the year and the trend is declining. Total turn over by SKOL members 2007 was million euro last, about 15 percent growth from former year. Domestic turn over was 840 million euro, growth rate 16 percent and foreign turn over was approximately 360 million with 14 percent growth rate. Turn over is forecasted to increase about five percent this year and turn to decline Building engineering sector and engineering for industrial sectors both invoiced 300 million euro of domestic turn over and infrastructure sector invoiced 240 million. All sectors had a good growth from former year. Russia now number one for export Foreign turn over of 360 million euro came mainly from industrial sector com-

32 32 Swedish Federation of Consulting Engineers and Architects (STD), 2008 panies, they invoiced 240 million, two thirds of the total. Building engineers had for foreign works worth 45 million euro and civil engineering 30 million. The rest of foreign income 45 million came from development projects in education, health, social sector and others. European countries including Russia made about 60 percent of foreign turn over and Asian countries 20 percent. Finnida development financed projects made 27 million, eight percent, of foreign turn over. Five most important export countries were, Russia, Estonia, Norway, USA and China. SKOL members expectations for foreign works coming year 2009 are rather stable, demand for engineering services shall continue but not as high as before. Timo Myllys, SKOL SKOL in brief SKOL is a professional and employers organization for independent and private consulting companies. SKOL has a membership of 250 consulting engineering and architect firms. The member companies employ about people in Finland and their foreign subsidiaries employ some 8000 people abroad. SKOL aims to promote professional and independent consulting engineering, to improve the preconditions of consulting and to watch the interests of the members both in Finland and abroad. The principal goal is to guarantee high quality as well as to develop efficiency, profitability and solidity. The association highlights the quality as the main criterion in the selection of the consultant. The strategic themes in SKOL action programme for are: n SKOL-members have skilled, educated and developing resources. n SKOL-sector is visible, appreciated and has a good image. n Consulting engineering markets are functional and competition is fair. n Labour markets and conditions are flexible and encouraging. n SKOL-member companies are competitive, progressive and profitable. SKOL is a member of the International Federation of Consulting Engineers FIDIC. The association adheres to the principles of FIDIC and the members of SKOL are required to meet the standards of codes and practices as well as the membership qualifications of FIDIC. SKOL is also a member of the European Federation of Engineering Consultancy Associations EFCA. SKOL member firms must act impartially in commercial, manufacturing and contracting interests and must have practised in independent engineering, architecture or other consulting for at least one year. The executives and leading consultants of a member firm must be full-time consultants and have an adequate education and experience in their special fields. SKOL capacity represents two thirds of the total consulting engineering capacity in Finland. Currently, the yearly invoicing of SKOL s members amounts to about 1200 million Euro. Building construction accounts for 35 per cent, municipal engineering 30 per cent, and industrial projects 35 per cent of domestic works. About 30 per cent of turn over comes from foreign operations. Finnish consulting engineers have references in more than 100 countries in all continents. Personnel in SKOL member companies have high education level. About 70 per cent of people in the member companies have a university or technical college degree. The 30 large companies with over 100 employees have a total staff of people, another 30 medium size companies with 30 to 100 employees have 2000 people and 190 small companies with less than 30 people employ another 2000 people. Address: Tapiolan Keskustorni FIN Espoo Tel: Fax: [email protected]

33 Swedish Federation of Consulting Engineers and Architects (STD), The top 100 Finnish consulting engineering and architectural groups Turn average Tot. Balance annual over (Previous number of sheet CEO/Managing director Group Services Report MDKK year) employees MDKK (October 2008) SKOL 1 1 Pöyry Group MD ,20 623, ,10 Heikki Malinen SKOL 2 2 Etteplan Oy i ,19 101, ,43 Matti Hyytiäinen SKOL 3 3 SWECO Industry Oy ( dt SWECO AB) i,md 07 94,30 91, Kari Harsunen 4 4 FCG Finnish Consulting Group MD 07 73,19 65, ,35 Seppo Mäki SKOL 5 6 FMC Group (Finnmap Consulting Group ) CE,S,E,M 07/08 66,30 49, tage Eriksson SKOL 6 5 Ramböll Finland MD 07 61,24 59, Markku Moilanen SKOL 7 7 Elomatic Group Oy i, MD *07 44,00 38, olli Manner 8 8 Citec Group (proforma) i, Env 07 38,91 37, ,97 Rune Westergård (SO) 9 9 ÅF Group (CTS excluded) i, Enr 07 34,44 28, ,27 Eero Auranne SKOL Deltamarin Oy i 07 26,90 23, Mika Laurilehto SKOL Ingenjörsbyrå Olof Granlund koncernen e,m 07 25,80 23, reijo Hänninen SKOL SITO Group Oy ce, Env, PM 07 22,40 19, Kimmo Fischer SKOL Rintekno Gruppen i 07 20,40 20, Markku Mänki SKOL WSP Group Finland (proforma/ LT-Konsultit, Kortes,Environmental) MD 07 17,60 17, Matti Mannonen SKOL Polartest Oy enr 07 14,80 15, Matti Andersson SKOL A-Insinöörit Group S,CE, PM 07 14,73 17, ,59 Toimi Tarkiainen SKOL Rejlers Finland Oy (Rejlerkoncernen AB ) I, E, M, Env 07 12,40 12, Lauri Valkonen/Seppo Sorri SKOL Suomen Talokeskus Oy MD 07 12, Markku Salminen Insinööritoimisto Comatec Group i, PM 07 11,62 11, ,55 Aulis Asikainen SKOL Vahanen Oy ce 07 11,50 10, risto Vahanen SWECO Finland Oy pm 07 10,10 6,27 77 Lauri Hintikka SKOL 22 Chematur Ecoplanning Oy i 07 9, ,17 Pentti Kivikoski SKOL CTS Engineering Oy (divested from ÅF 2007) I,CE 07 9,17 15, ,85 Antti Lukka Raksystems Oy pm, CE, S 07 7,64 9, ,52 Marko Malmivaara SKOL Oy Omnitele AB pm(tele) 07 7,50 7,29 22 timo Mustonen SKOL Indufor Oy i 07 6,90 7,40 22 tapani Oksanen SKOL Protacon koncernen Oy i, E, PM 07 6,90 7,10 90 timo Akselin SKOL AX-Konsultit Oy Env,Enr,I,E,M 07 6,20 5,90 83 Urpo Koivula SKOL Ahma Insinöörit Oy PM 07 6,10 4,30 83 ari Näätänen Insinööritoimisto Enmac Oy i 07 5,91 5,50 88 Martti Ala-Vainio SKOL Suomen IP-Tekniikka Oy pm, Env 06 5,80 5,80 71 Jouko Petäjä SKOL Projectus Team Oy e,m 07 5,70 5,50 88 Juha Pihlajamäki Arkitehitoimisto Larkas & Laine Oy a 07 5,48 4,35 59 harri Laine Arkitektbyrå Helin & Co AB a 07/08 4,84 5,20 45 pekka Helin SKOL Magnus Malmberg Oy ce, S 07 4,80 4,34 63 tapio Aho SKOL Saanio & Riekkola Oy CE, Env 07/08 4,45 4,45 35 reijo Riekkola Innovarch Architects Oy a 07 4,34 3,62 37 pertti Hakamäki SKOL Ingenjörsbyrå Oy Avecon pm, M, CE 07 3,90 5,50 71 peter Jakobsson SKOL Rakennuttajapalatue Rapal Oy pm 07 3,85 3,30 35 tuomas Kaarlehto SKOL TSS Group Oy e 07 3,50 3,90 47 Kari Kallio SKOL Niemi & Co Oy (FMC Group Dec 2007) e,m 07 3,50 3,10 45 Matti Niemi SKOL Insinööritoimisto Ylimäki & Tinkanen OY CE 07 3,50 3,04 44 rauli Ylimäki SKOL Ininööritoimisto Lausamo Oy e 07 3,40 3,28 41 timo Tenninen SKOL Hepacon Oy M,E 07 2,90 2,88 36 Matti Remes Indepro Oy PM, CE 07 2,81 2,50 23 Seppo Kivilaakso SKOL Insinööritoimisto Kontermo Oy E,M 07 2,80 2,20 38 Jukka Hyttinen SKOL YSP-Consulting Engineers Oy E,I 07 2,80 2,20 23 Juha Pykälinen Arkkitehtitoimisto SARC Oy a 06/07 2,67 2,67 40 Sebastian Savander SKOL Geopalvelu Oy ce 07 2,60 2,30 40 toivo Ali-Runkka SKOL 50 (-) NIRAS Finland Oy (NIRAS Group A/S) env 07 2,60 _ 11 tor Lundström Arkkitehtitoimisto Laatio Oy A 07 2,56 2,63 29 Marja Laatio SKOL KSOY Arkkitehtuuria a 07 2,50 2,20 31 erkki Karvala Arkitektbyrå SIGGE Oy a 07 2,48 2,43 28 pekka Mäki SKOL Kalliosuunnittelu Oy (Rockplan Ltd) CE 07 2,47 2,40 28 Jarmo Roinisto RAMSE Consulting Oy pm 07 2,40 2,02 25 Mikko Paalasmaa SKOL Insinööritoimisto Pontek Oy CE 06/07 2,40 1,85 26 Keijo Saloviin Arkkitehdit Tommila Oy A 07 2,39 3,10 25 Mauri Tommila Rakennuttajatoimisto HTJ Oy pm 07 2,36 1,60 19 Martti Reijonen SKOL Insinööritoimisto Grundteknik AB (Pohjatekniikka Oy) CE 07 2,30 2,30 31 christer Sundman SKOL Geotek Oy env 07 2,27 1,75 23 reino Mäkinen SKOL Plaana Oy Env 07 2,26 2,10 25 aini Sarkkinen SKOL 62 Asitek Oy e 06 2,23 19 Jorma Vienonen SKOL AIP-Mittaus Finland Oy ce 07 2,22 1,60 40 arto Parikka SKOL Maaskola Oy M 07 2,14 1,70 24 Jukka Sainio Arkkitehditoimisto Helamaa & Heiskanen OY a 07 2,12 1,40 22 Keijo Heiskanen SKOL Arkkitehtitoimisto Paatela-Paatela & Co Oy (delägt SWECO 2005) a 07 2,07 2,00 16 Mikael Paatela SKOL = Member of SKOL, the Finnish Association of Consulting Frms (*) = lack of conforming figure/proforma/assumed = missing figure PM = Project Management, A = Architecture, CE = Civil/Structural Engineering, Env = Environment, Enr = Energy, E = Electrical,M = Mechanical/HEVAC, I = Industrial, MD = Multi Disciplinary

34 34 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The top 100 Finnish, cont Turn average Tot. Balance annual over (Previous number of sheet CEO/Managing director Group Services Report MDKK year) employees MDKK (October 2008) SKOL EP-Logistics Oy ce, PM, A 07 2,06 1,80 23 pekka Korpiharju SKOL KVA Architects Ltd a, PM 07 2,03 1,51 19 Jean Andersson SKOL Laitila Arkkitehdit Oy a 06 2,00 2,00 28 hannu Laitila Gullichsen Vormala Architects Oy a 06 2,00 2,00 24 timo Vormala, Kristian Gullichsen Arkkitehtitoimisto LPR, Laiho-Pulkkinen-Raunio Oy A 07 2,00 1,40 26 ola Lahio SKOL Parviainen Arkkitehdit Oy a 07 1,90 1,17 18 Juha Posti Yhtyneet Insinöörit Oy Enr,E 07 1,88 1,78 24 Keijo Mäkinen SKOL Focusplan Oy i 07 1,68 1,83 24 vesa Ranta ny SKOL Insinööritoimisto Liidea Oy CE 07 1,68 1,40 19 vesa Verronen SKOL Arkins Suunnittelu Oy M 07 1,63 1,30 21 Kari Sarkkinen Arkkitehtitoimisto Hannu Jaakkola Oy A 07 1,59 1,58 19 hannu Jaakkola SKOL Arkkitehtitoimisto CJN Oy A 06 1,57 1,33 16 Kari Somma SKOL Insinööritoimisto Tauno Nissinen Oy E,Enr 07 1,53 1,42 22 antti Danska SKOL Insinööritoimisto Lauri Mehto Oy ce 07 1,51 1,60 19 Simo-Pekka Valtonen Arkkitehtitoimisto Lahdelma & Mahlamäki Oy A 07 1,43 1,70 30 ilmari Lahdelma, rainer Mahlamäki SKOL Entop Oy I 07 1,43 2,20 30 arto Rissanen SKOL Strafica Oy CE 07 1,42 1,40 14 hannu Pesonen Siren Arkkitehdit Oy a 07/08 1,38 1,52 18 Jukka Siren SKOL Ingenjörbyrå Veikko Vahvaselkä KB E,I, M 07 1,37 1,10 16 rauno Nyblom SKOL JanaSystems Oy i,enr 07 1,36 1,36 29 Jarmo Järvinen SKOL Sähköinsinööritoimisto Matti Leppä Oy e 07 1,32 1,40 21 Jarmo Harju SKOL Oy Juva Engineering S,CE 07 1,30 1,60 19 eero Suominen SKOL Insinööritoimisto R J Heiskanen Oy ce 07 1,29 1,10 14 esa Koskinen SKOL Rakkennuttajapalvelu Voitto Niinikivi Oy CE 07 1,26 1,70 9 voitto Niinikivi SKOL Insinööritoimisto Controlteam Oy pm, CE, S 07 1,25 1,20 21 hannu Laitinen SKOL Insinööritoimisto Konstru Oy CE 07 1,23 1,15 14 Jorma Eskola SKOL Geo-Juva Oy CE 07 1,17 1,10 15 Matti Huokuna SKOL 94 Insinööritoimisto Nurmi Oy e,enr 07 1,10 17 pertti Nurmi SKOL Asplan Oy Ins. M 07 1,08 0,90 12 harry Stenvall Pekka Salminen Architects Oy a 06 1,07 1,07 20 Jarkko Salminen Arkkitehtitoimisto Jukka Turtiainen A 07 1,05 1,30 18 Jukka Turtiainen SKOL Insinööritoimisto Tanskanen Oy CE 07 1,05 1,00 19 Jouko Tanskanen Arkkitehtitoimisto Davidsson Oy a 07 0,98 1,20 14 aki Davidsson SKOL Insinööritoimisto Mittatyö Jukka Holopainen Oy CE 07 0,96 1,30 16 Jukka Holopainen The top 30 Finnish groups Result margins keuro Turnover/employee Balance Sheet total/employee Result after financial items/employees Financial year keuro % As in Sweden, and other countries, it s delicate to compare the performance of the large groups with that of the midsized and smaller companies. In these categories the hard work of the, often several, partners have a favorable effect on the companies turnover and profitability. For the groups in the chart above the total turnover in 2007 amounted to some 167 MEUR (169 in 2006) with around 2100 employees (2170 in 2006). The turnover/employee increased from EUR in 1006 to EUR in Key figures for the top 30 groups previous year (excl. Pöyry) (excl. Pöyry) Turnover/employee EUR (86670 EUR) EUR (76900 EUR)) Earning after financial items/employee 8200 EUR (6500 EUR) 7200 EUR (6340 EUR) Balance sheet/employee EUR (47960 EUR) EUR (45300 EUR) The total turnover for the top 30 groups increased in 2007/08 with as much as 12 % to around 1520 MEUR (1360 MEUR) and the number of employees increased with 6,5 % to (15700). If Pöyry Group, which have a dominant influence on the statistics, is excluded the turnover is increased with 9,5 % to some 805 MEUR (735 MEUR) and the number of employees increased with 2,5 % to 9890 (9660).

35 Swedish Federation of Consulting Engineers and Architects (STD), I nternational development The financial crisis in the United States does not only affect Sweden, but also Europe and the rest of the world, as Lena Hagman comments in her opening text. The housing mortgage crisis, a consequence of extensive subprime loans, in USA was the starting point of a recession we have yet only seen the beginning of. Investments in construction projects have dropped in Europe as well as in the rest of the world. Barack Obama, the newly elected president of USA, has promised extensive support packages for the American manufacturing- and financial industries, which were received with optimism on the stock markets. These measures have been followed throughout the world. Therefore, despite the recession, we will still see a lot of action in 2009, and the coming investments in infrastructure will have a positive impact on our market. Most companies have been going on overdrive in 2007, which continued during most part of Consolidations have continued and many interesting projects around the globe have recently started. Corporate events in Europe UK consulting giant WS Atkins plc ended 2007 with the purchase of Dutch aviation engineering consultancy Nedtech Engineering B.V with some 50 employees. In October 2008, MG Bennett & Associates was acquired with approximately 30 employees. The purchase strengthened Atkins position The World s top 10 in the nuclear power sector, where the company at present has some 250 employees. Mott MacDonald is expanding en route to achieving one of its financial targets of reaching a turnover of GBP 1.4 billion during 2012, but in such case will require a growth of just over 13 % per year from now on. In April 2008, two consulting firms were acquired in the field of nuclear power technology UK Multi Design Ltd, with over 100 employees, and US-based consultancy EXCEL Service Corporation. Mott is successful as an adviser within the PFI/ PPP project market and was in the summer ranked by the Infrastructure Journal as No 1 in the area. Mott was at that time involved in 200 assignments of this type all over the world. In the USA, Hatch MottMacDonald acquired California-based Higgins Associates Civil & Traffic Engineers, Inc. Average annual number of (Last Turnover Group Services country Report employees year) M USD 1 2 AECOM MD USA 07/ ,5 2 1 URS Corporation MD USA ,0 3 3 Altran Technologies I France ,0 4 5 WS Atkins plc MD England 07/ ,5 5 4 CH2M Hill Companies, Inc. MD USA ,2 6 6 SNC-Lavalin Group MD Canada ,0 7 7 Parsons Corporation MD USA ,0 8 9 Arcadis Group MD Netherlands , Mott MacDonald Group MD England , Fugro N.v ce netherlands ,6 STD has this year not had the recources to in detail follow the global Consultancies. We are therefore not able to publish the charts over the World s top 200 groups as before. But we still wish to present the top 10 mererly to give our readers a global perspective on the major European groups. Major commissions in terms of height and length Despite its expansion, WSP Group has made few acquisitions during 2008, but has nevertheless been awarded several assignments that stick out. Or perhaps stick up is more appropriate for the commission that involves being structural engineer for the Nackheel Tower in Dubai. The tower is planned to be over 1 km high! In March, WSP was awarded its largest assignment ever. In a joint venture (50/50) with engineering-service company May-Gurney, they won an infrastructure assignment running over 8 years and worth a total of some GBP 320 million, or GBP160 million for WSP s part. The client is Northamptonshire County Council. In June, Halcrow acquired Community Cartography, active in the GIS area. July saw the purchase of the harbour engineering group within River Consulting, which strengthened Halcrow s marina team with some 20 specialist. In October, transport consultant Masson Wilson Twiney of Sydney, Australia was acquired. In February, RPS Group purchased Kraan Consulting BV in Holland with 65 employees in Rotterdam. In March, R.W.Gregory was acquired with 130 employees at five offices in the UK and heavily represented in, among other areas, the health, education and department store sectors. Soon after this, geology/energy consultants WTW were acquired with just over 50 employees and OIL Oceanfix International Ltd with geophysical operations for the oil and gas sectors with some 150 employees. A month later saw the purchase of US consultants Geolet Group LCC with environmental advice to the oil sector, and with 30 employees in Texas. In September, Mountainheath Services Ltd was acquired with laboratory activities. Hyder Consulting ended 2007 with two German acquisitions water and infratech consultants Voigt Ingenieure GmbH with some 75 employees and SEIB Ingenieuren Consult GmbH & Co KG with approximately 130 employees. During 2008, Hyder had by November purchased a handful of companies. Among these, mention can be made of the acquisition in February of the Australian firm Crescent PSS Pty Ltd, and in March of Dubai-based Holford & Associates with some 220 employees. Ricardo plc, with a major focus on the vehicle industry, had prior to November not made any corporate acquisitions, but is undergoing vigorous expansion in China. Mouchel Group concluded 2007 by reacquiring Mouchel Group (previously Mouchel Parkman). Mouchel, as one of its targets, plans in 2012 to reach a staff level of In a deal worth some GBP 50 million, March 2008 saw the acquisition of management consultants Hedra

36 36 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The top 50 European architectural groups Average Annual number of (Last Turnover Group country Report employees year) M EUR 1 1 AEDAS Architects Group england , Foster & Partners Ltd england , RMJM Hillier england 06/ , SMC Group plc england , Chapman Taylor LLp england , Broadway Malyan Ltd england 06/ , White Architects AB Sweden , gmp-architekten von Gerkan, Marg und Partner Germany , DReid Architects Ltd england 07/ , SWECO Architects Sweden , PRP Architects Ltd england 06/ , Sheppard Robson england Barton Willmore Group england 07/ , Benoy Architects Ltd England 07/ ,04 15 (-) Dettling + Partners Switzerland , Capita Architecture england INBO Architects/Consultants Netherlands , O.M.A. Office for Metropolitan architecture netherlands Arkitektfirmaet C.F.Møller Denmark , RKW Architekten & Co, KG Germany Burckhardt+Partner AG Architekten Generalplaner Switzerland , Nightingale Associates england 06/ , Keppie Design Scotland 06/ , HKR Architects ireland 07/ ATP Architects austria Arkitema K/S Denmark , Stride Treglown Ltd england , Murray O Laoire Architects Ltd ireland , Aukett Fitzroy Robinson plc England 06/ , Allies and Morrison Architects England 06/ , Arkitektbüro HPP Hentrich-Petschnigg & Partner GmbH Germany , Anthony Reddy Associates ireland 07/ , LINK Signatur Group norway , Herzog & de Meuron Switzerland 07/ ,12 35 (*) Hamilton Architects england ,96 36 (-) Scott Brownrigg england 06/ , Lewis & Hickey Architects england 06/ , Henry J. Lyons & Partners Architects Ireland (-) Pascall+Watson Architects england 06/ ,00 40 (*) DEGw england , HENN Architekten GmbH Germany , Rogers Stirk Harbour & Partners (fd Rickard Rogers P-p) england 06/ , Heinle, Wischer und Partner Germany Llewelyn-Davies-Yeang Ltd england 06/ , Henning Larsens Architects Denmark 07/ , Schmidt, Hammer & Lassen K/S Denmark , JSK Architekten GmbH Germany (-) Årstiderne Architects A/S (proforma inkl Kobra) Denmark 07/ , Atelier Jean Nouvel S.A France , Lyons+Sleeman+Hoare Architects England ,12 The chart is somewhat incomplete since we haven t succeed to get any figures from a few wellknown groups. plc with over 200 employees involved in the provision of advisory services to the public sector. Aukett Fitzroy Robinson plc concluded 2007 by breaking off negotiations on a merger with SMC Group, which was in turn restructured. In May, Scott Wilson acquired installation consultants Terence Lee Partnership, with a dozen specialists in underground railway engineering, and in June Strategic Leisure Ltd, with some 20 employees. A new arrival on the London Stock Exchange Cyril Sweett Group, which was listed on the London Stock Exchange at the end of October 2007, has during 2008 made four acquisitions. In consecutive order, they acquired the UK project management and quantity surveying firms Nisbet LLP and Roger Richards, and the project management firm Jones Sweett and Burns Bridge with their focus of operations on the United Arab Emirates. Turner Townsend was to have been the next UK company on the stock exchange, but terminated the listing process as a consequence of the downturn in the share market. The Dutch company Arcadis has expanded vigorously, but has only 25 % of its turnover on the domestic market and as much as 43 % in the USA. Despite this, listing on Nasdaq came to an end in And Arcadis started 2008 with a major acquisition in the USA of California-based environmental consultancy LRF Inc., with approximately 480 employees and a turnover of USD 127 million. During the winter, the Polish firm Elekol was also acquired, with some 40 employees within, primarily, railway engineering. During the summer, Copijn BV was purchased with 60 employees in the field of landscape design, followed by the Italian environmental consultants SET with 35 employees and the Belgian infratech consultants VDS with about 35 employees. Continued healthy level of profitability Fugro BV, which enjoyed an extremely prosperous 2007, commenced 2008 with the acquisition of infratech consultants Pavement Management Services Pty Ltd, with 40 employees in Australia. In February, the purchase was followed by the acquisition of Roadware Group with 130 employees in Ontario, Canada. The next acquisition

37 Swedish Federation of Consulting Engineers and Architects (STD), The European top 300 consulting engineering and architectural groups Average annual number of (Last Turnover CEO/President Group Services Country Report employees year) MEUR Managing Director (October 2008) 1 1 Altran Technologies i France ,4 Yves de Chaisemartin 2 2 WS Atkins plc MD England 07/ ,1 Keith Clarke 3 3 Arcadis Group MD Netherlands ,2 Harrie L. J. Noy 4 5 Mott MacDonald Group MD England ,0 Keith Howells 5 4 Fugro N.v ce netherlands ,7 Klaas S. Wester 6 8 Mouchel Group (formerly Mouchel Parkman) MD England 07/ ,2 Richard Cuthbert 7 7 Alten Group i France ,2 Simon Azoulay 8 6 Assystem Group S.A i France ,6 Dominique Louis 9 10 WSP Group plc MD England ,6 Christopher Cole 10 9 ARUP Group MD England *06/ ,2 Terry Hill Pöyrö Group MD Finland ,2 Heikki Malinen Grontmij Group MD Netherlands ,8 Sylvo Thijsen Rambøll Group MD Denmark ,2 Flemming Bligaard Pedersen Halcrow Group Ltd MD England ,8 Peter G. Gammie Segula Technologies Engineering Group I France * ,0 Denis Leblond Scott Wilson Ltd plc MD England 07/ ,4 Hugh Blackwood Groupe Egis MD France ,0 Nicolas Jachiet SWECO AB MD Sweden ,1 Mats Wäppling Hyder Consulting Group Ltd MD England 07/ ,8 Tim Wade Bertrandt AG i Germany 06/ ,5 Dietmar Bichler RPS Group plc env England ,5 Alan S. Hearne DHV Group MD Netherlands ,0 Bertrand M. van Ee Royal Haskoning Group MD Netherlands ,2 Jan Bout Capita Symonds MD England * ,2 Jonathan Goring Davis Langdon & Seah International (LLP) PM, QS England/ Switzerland 06/ ,0 Alastair Collins COWI Group MD Denmark ,9 Lars-Peter Søbye White Young Green MD England 07/ ,4 Lawrie Haynes ÅF-Group i,e,m,enr Sweden ,6 Jonas Wiström AECOM FaberMaunsell Ltd MD England * ,7 Ken Dalton AKKA Technologies S.a i France ,0 Maurice Ricci Semcon AB i Sweden ,0 Kjell Nilsson Sener Group MD Spain * ,0 Jorge M. Sendagorta Tebodin, Consultants & Engineers MD Netherlands ,1 Pieter Koolen Rücker AG i Germany ,9 Wolfgang Rücker, J. Vogt EC Harris MD England 07/ ,0 Philip Youell MWH Europe MD, Env England David Nickols Mace Group Ltd PM England 07/ ,4 Stephen Pycroft SNC-Lavalin Europé SA MD France ,0 Jean Claude Pingat / Jean-Paul Vettier 39 *36 Turner & Townsend Group pm,qs England 07/ ,5 Vincent Claney IDOM Group MD Spain ,7 Luis Rodriquez Llopis PB Parsons Brinckerhoff Ltd (Europe) MD England ,8 Gregory R. Ayres EPTISA Grupo EP MD Spain ,9 Luis Villarroya Teleca AB i Sweden ,7 René Svendsen-Tune S II S.a i France 07/ ,7 Bernard Huvé Oranjewoud group ce,env,pm Netherlands ,6 Gerard Sanderink Waterman Group plc MD England 07/ ,4 Nickolas Taylor AEDAS Architects Group a england * ,9 James Handley, Keith Griffiths, Steven Davis Etteplan Oy i Finland ,2 Matti Hyytiäinen Ricardo plc i england 07/ ,7 Dave Shemmans URS Europe Ltd (dt URS Corporation) MD England * ,0 Christine Wolff SYSTRA Group MD France ,9 Philippe Citroën TYPSA Group MD Spain ,2 Pablo Bueno-Tomas Buro Happold MD England 06/ ,5 Gavin Thompson PM, Project Management Group PM, MD Ireland ,6 Pat McGrath Prointec S.A MD Spain 07/ ,0 Cesar Cañedo-Argüelles Torrejón Dorsch Gruppe MD Germany 07/ ,0 Olaf Hoffmann Kema Group Bv enr Netherlands ,1 P.J.J.G Nabuurs Gleeds pm England * ,4 Richard Steer Ingérop S.A MD France ,9 Yves Metz SETEC Group MD France ,0 Gérard Massin ILF Group MD Germany/Austria * ,0 Klaus Lässer Pell Frischmann Group MD England * ,8 Sudho Prabhu PM = Project Management, A = Architecture, CE = Civil-/S = Structural Engineering, Env = Environment, Enr = Energy, E = Electrical, M = Mechanical/HEVAC, I = Industrial, MD = Multi Disciplinary

38 38 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The European top 300 consulting engineering and architectural groups Average annual number of (Last Turnover CEO/President Group Services Country Report employees year) MEUR Managing Director (October 2008) Norconsult AS MD Norway ,9 Johan Nyheim Movares Group BV ce,e Netherlands ,6 Johan van der Elzen BDP Building Design Partnership MD England 07/ ,0 Peter Drummond IOSIS Group MD France ,0 Bernard Boyer COTEBA Groupe pm France ,8 Alain Bentejac FMC Group (Finnmap consulting Group) ce, S, E, M Finland 07/ ,2 Tage Eriksson Foster & Partners Ltd a england 07/ ,6 Mouzhan Majidi Tauw Group bv MD Netherlands ,9 Wim Kox Fichtner Group enr, MD Germany ,7 George Fichtner Groupe Sogreah MD France ,5 Jacques Gaillard ABMI-groupe S.A i France ,0 Jean-Pierre Bregeon Epsilon Group AB i Sweden ,8 Mats Boström Safege Consulting Engineers Env,S,CE France * ,0 Jacques Bertrand NIRAS Group A/S MD Denmark * ,3 Carsten Toft Boesen Multiconsult-group MD Norway ,4 Håkan Sannum RLE International Gruppe Gmbh i, PM Germany 07/ ,6 Ralf Laufenberg Lahmeyer International Gmbh enr Germany ,0 Henning Nothdurft Golder Associates Europe Ltd Env,CE, PM,Enr England * ,0 Pietro Jarre Drees & Sommer-Gruppe pm Germany ,4 Hans Sommer Sogeclair Sa i France ,0 Phillippe Robardey Citec Group (proforma) i, Env Finland * ,0 Rune Westergård FCG Finnish Consulting Group MD Finland ,2 Paul Paukku (jan 2009) PCG-Profabril Consulplano Group MD Portugal * ,9 Ilidio António de Ayala Serõdio Roger Preston International (Grontmij April 2008)* enr,e,m England ,7 Matthew Thurston, P. Yip Grupo Ayesa MD Spain ,0 José Luis Manzanares Japón Rejler Group e,i Sweden ,4 Peter Rejler TPF Group MD Belgium ,1 Thomas Spitaels 90 *93 Cyril Sweett Group pm England 07/ ,0 Dean Webster Witteveen+Bos Consulting Engineers MD Netherlands ,2 H. A. A. M. Webers RMJM Hillier Group a,ce England 06/ ,0 David Pringle, Tony Kettle, hazel Wong Alectia Group (formerly Birch & Krogboe group) MD Denmark ,1 Ingelise Bogason RSK Group env England 07/ ,7 Alan Ryder Gifford Partnership LLP MD England ,0 Mark Stevenson Vattenfall Power Consult AB enr,e, CE Sweden ,9 Mikael Lundin 97 (-) Payma Cotas, S.A. (dt Bureau Veritas) CE,S Spain ,8 Joan Franco Poblet SMC Group plc a england ,6 Christopher Littlemore Reinertsen Engineering MD Norway * ,3 Erik Reinertsen Elomatic Group Oy i,md Finland * ,9 Olli Manner Hoare Lea & Partners E,M,Enr England *07/ ,0 Gary Tucker Obermeyer Planen+Beraten GmbH MD Germany ,9 Maximilian Grauvogl Flygfältsbyrån AB MD Sweden ,6 Anders Rydberg Tyréns AB ce,pm Sweden ,1 Ulrika Francke Peter Brett Associates MD England 06/ Steve Capel-Davies Chapman Taylor LLp a england ,4 John Oldridge with co-directors Gauff Gruppe MD Germany * ,0 Gerhard H. Gauff, Kurt Birkenmeier Fairhurst MD Scotland * ,0 Robert Mc Cracken Broadway Malyan Ltd a england 06/ ,1 Peter Crossley Assmann Beraten + Planen MD Germany * Jochen Scheuermann IV-Groep b.v. MD Netherlands ,0 Rob van de Waal Asplan Viak Group MD Norway ,8 Øyvind Mork Savant International pm England ,2 Jonathan Harper White Architects AB a,pm, Env Sweden ,7 Anders Svensson Gruner-Gruppe AG MD Switzerland ,2 Flavio Casanova Bonifica Group MD Italy * ,0 Romina Boldrini IBV Ingenieurbüro H.Vössing GmbH MD Germany ,1 Hans-Theo Kühr, F. Thiessen Xdin AB (Altran Groupe Nov 2008) i Sweden ,0 Thomas Ängkulle Enviros Consulting Ltd Env,Enr England ,1 Barry Newby Emch + Berger Gruppe MD Switzerland ,5 Emil Pechotsch Antea S.a env France ,8 Jean-Philippe Loiseau Amstein + Walthert AG e,m Switzerland ,0 Christian Appert ATP Architects and Engineers Group A,CE, PM Austria ,0 Cristoph M. Achammer Steer Davies Gleave Ltd ce england 07/ ,0 Stephen Crouch NET Engineering S.p.A MD Italy ,4 Giovanni Battista Furlan Ebert-Ingenieure GdbR.mbH E, M, Env, Enr Germany ,0 Ernst Eber and directors

39 Swedish Federation of Consulting Engineers and Architects (STD), Average annual number of (Last Turnover CEO/President Group Services Country Report employees year) MEUR Managing Director (October 2008) gmp-architekten von Gerkan, Marg und Partner A Germany ,8 Meinhard von Gerkan, volkwin Marg SLR Group env England ,5 Neil Penhall Iberinsa, Ibérica de Estudios e Ingenieria S.A MD Spain ,8 Jesus Contreras Olmedo ABT Holding BV MD Netherlands ,8 Jacques G. Hulsbergen DReid Architects Ltd (proforma - merger) A England *07/ ,7 Charles Graham-Marr INROS LACKNER Group MD Germany ,6 Uwe Lemcke Cundall Johnston & Partners CE,S,Env England 06/ ,4 Dave Dryden PRP Architects Ltd a england 06/ ,3 Roger Battersby Sheppard Robson a england Andrew German Italconsult S.p.a pm Italy * ,4 Giovanni A. Torelli Pick Everard Ltd MD England David Brunton Noble Denton Group Ltd i,e England ,3 David Sutton HPC HARRESS PICKEL consult Group env,pm,ce Germany ,0 Andreas J. Kopton, Josef Klein-Reesink Barton Willmore Group a,pm England 07/ ,4 Ian Tant Benoy Architects Ltd a england ,0 Graham Cartledge 142 (-) Dettling + Partner Architekten AG a Switzerland ,2 Kasper Dettling DDC Consulting & Engineering Ltd PM Slovenia ,0 Ljubo Znidar Wardell Armstrong LLP MD England 06/ ,5 Colin W. Brown Deerns Consulting Engineers BV E, M, PM, I Netherlands ,0 Jan Karel Mak Olof Granlund group e,m Finland ,8 Reijo Hänninen GPO Ingenieria, S.A. MD Spain ,6 Emilio Vidal Hifab Group pm Sweden ,3 Jan Skoglund INBO Architects/Consultants a,pm Netherlands ,0 Dick Ringeling Grupo JG SA M,E Spain *07/ ,0 Josep Túnica Buira JMP Consultants Ltd ce england 07/ ,9 Ian Cameron Verkís hf.(merger VST, Fjarhitun, Fjölhönnun in Combined figures) MD Iceland ,8 Sveinn Ólafsson Mannvit hf. (merger of Hönnun-VGK hf in 2007) MD Iceland ,1 Eyjólfur Árni Rafnsson Advin B.V. - Adviseurs en Ingenieurs MD Netherlands * ,0 John Walraven Ernst Basler & Partner Ltd MD Switzerland Hansjoerg Hader INOCSA Ingeniera, S.L. MD Spain ,0 Antonio Lorente O.M.A. Office for Metropolitan Architecture A Netherlands Victor van der Chijs, rem Koolhaas Arkitektfirmaet C.F.Møller a Denmark ,3 Lars Kirkegaard, Mads Møller HR Wallingford Group Ltd ce, Env,I England 07/ ,7 Stephen W. Huntington CDM Gruppe ce Germany ,2 Peter Jordan GFA Consulting Group MD Germany 07/ ,0 Johannes Lagemann Krebs und Kiefer Beratende Ingenieure CE,S, PM Germany Albert Krebs RAPP-Gruppe AG, Ingenieure+Planer MD Switzerland ,5 Peter Rapp Sinclair Knight Merz Europe MD England ,5 Peter McKellar Consulgal Group, SA. MD Portugal ,6 Rogério Monteiro Nunes GETINSA S.a ce, Env, PM Spain ,6 Pedro D. Gomez Moe & Brødsgaard A/S MD Denmark ,0 Christian Listov-Saabye RKW Architekten & Co, KG a Germany Friedel Kellerman, hans G. Wawrowski Burckhardt+Partner AG architekten Generalplaner a Switzerland ,8 Peter Epting Dolsar Engineering Ltd MD Turkey ,5 H. Îrfan Aker Nightingale Associates a england ,2 Richard Harrington INYPSA Informes y Projectos SA MD Spain ,4 D. Ivan Franasco Lazcano Acedo Keppie Design a Scotland 06/ ,5 David Stark AEPO S.A Ingenieros Consultores MD Spain ,8 David Ortega Vidal CSD Group env, PM, CE,S Switzerland ,9 Bernhard Matter Basler & Hofmann AG MD Switzerland 06/ ,0 Dominik Courtin Amberg Group ce,s,pm Switzerland * ,6 Felix Amberg AHT Group AG pm,ce,env Germany ,0 Hubertus Schneider, Gerhard Lorisika PDM Group i netherlands ,0 H.J.P.M. Mesterom O.B.H-Group A/S MD Denmark ,5 Børge G. Danielsen SC Metroul S.A. MD Romania ,6 George Rozorea Temelsu International engineering Services Inc. MD Turkey ,2 Demir Inözü PM = Project Management, A = Architecture, CE = Civil-/S = Structural Engineering, Env = Environment, Enr = Energy, E = Electrical, M = Mechanical/HEVAC, I = Industrial, MD = Multi Disciplinary

40 40 Swedish Federation of Consulting Engineers and Architects (STD), 2008 The European top 300 consulting engineering and architectural groups Average annual number of (Last Turnover CEO/President Group Services Country Report employees year) MEUR Managing Director (October 2008) HKR Architects a ireland *07/ Jerry Ryan BG Bonnard & Gardel Groupe SA MD Switzerland ,7 Jean-Daniel Marchand Deltamarin Oy i Finland ,9 Jukka Laiterä Arkitema K/S a,pm Denmark ,8 Peter Hartmann Berg 187 (-) Uvaterv Engineering Consultants Ltd MD Hungary Gyula Bretz FLH Koncernen ApS MD Denmark 07/ ,4 Lars Kragh Dopravoprojekt, a.s. ce, S, A, PM Slovakia ,1 Gabriel Koczkás Müller-BBM GmbH MD Germany 07/ ,0 Norbert Suritsch, Edwin Schorer, Bernd Grözinger IBE Consulting Engineers MD Slovenia ,0 Uros Mikos SITO Group Oy ce, Env, PM Finland ,4 Kimmo Fischer FASE-Estudios e Projectos S.A MD Portugal ,8 Noel Casimiro Botelho Vieira Pragoprojekt a.s ce czeck Republ ,6 Marek Svoboda Soditech Ingenerie S.A i France ,8 Maurice Caillé Bengt Dahlgren AB M,Enr Sweden 07/ ,3 Åke Rautio Stride Treglown Group Ltd a england ,2 Robert Whittington Murray O Laoire Architects Ltd a ireland ,7 Hugh Murray Baur Consult GbR MD Germany ,4 Andreas Baur SINA Group (dt ASTM Group) CE,MD Italy ,8 Agostino Spoglianti Insinööritoimisto Comatec Group I, Enr Finland * ,7 Aulis Asikainen ETV-Eröterv Rt. Enr,CE,PM Hungary ,7 József Dénes The BWB Partnership CE,S, Env England 06/ ,6 Malcolm Wright Aukett Fitzroy Robinson plc a england 06/ ,3 J. Nicholas Thompson Allies and Morrison Architects Ltd A England 06/ ,5 Bob Allies Rintekno Group i Finland ,1 Markku Mänki Arkitektbüro HPP hentrich-petschnigg & Partner GmbH A Germany ,9 Joachim Faust, G. Feldmeyer Aveco de Bondt BV ce netherlands , Bartels bv ce,s,pm Netherlands ,3 Frank Lekkerkerker WRc plc env England 07/ ,9 Ron Chapman Anthony Reddy Associates a,pm Ireland 07/ ,4 P. Anthony Reddy Steinbacher-Consult GmbH ce, PM Germany Stefan Steinbacher LINK Signatur Group a norway ,9 Svein K. Halleraker DSSR Consulting Engineers (form Donald Smith Seymour & Rooley) E,M Scotland * Gordon Meikle Troup Bywaters + Anders e,m England * Neil Weller Curtins Group ce,pm England ,8 Rob Melling High-Point Rendel Group ce,s,pm England ,8 Kelvin W. T. Hingley Clarke Bond Group Ltd S,CE,Env,PM England ,2 David Harding Joynes Pike Group ce,s,env England ,2 Trevor Crawley Scholze Ingenieur Gmbh e,m,i,enr,pm Germany ,0 Gerd Scholze Herzog & de Meuron Architekten AG a Switzerland ,1 Pierre de Meuron PBR Planungsbüro Rohling ag Architekten u Ingenieure MD Germany ,0 Heinz Eustrup 223 (-) Olajterv Group ce, Enr Hungary * ,7 János Pakucs Consitrans S.R.L. ce,s,env,pm Romania *06/ ,0 Eduard Hanganu DIWI-Consult GmbH MD Germany ,2 William V. H. Foyle Vahanen Oy ce Finland ,5 Risto Vahanen Technital SpA ce italy ,3 Alberto Scotti Hamilton Architects a england ,9 Tim Hamilton EnergoRetea AB e,m Sweden ,2 Östen Innala Condesign AB i Sweden ,1 Nils-Olov Johnson Scott Brownrigg Architects a england 06/ ,2 Jonathan Hill ISC Group MD Denmark ,79 Kjeld Thomsen O.T.E. Ingenerie SA MD France 06/ ,5 Jean Ernest Keller GOPA-Consultants Group pm,i,env Germany ,0 Martin Güldner, Robert Gaertner, Hans Otto Frankham Consultancy Group MD England ,2 Ian Crockett CES Consulting Engineers Salzgitters GmbH MD Germany * ,5 Ralf Meyerhoff Henry J. Lyons & Partners Architects A Ireland * Paul O Brian Lewis & Hickey Architects a,pm England 06/ ,9 Paul Miele D Appolonia S.p.A MD Italy ,1 Alessandro Vaccaro Roughton Group MD England ,1 Michael A Ross Metroprojekt Praha A.S MD Czech Republ ,3 Jiri Pokorny IPROPLAN Planungs GmbH MD Germany ,0 Jörg Thiele Leonhardt, Andrä und Partner Beratende Ing. GmbH S Germany ,0 Holger S. Svensson Knightec AB i Sweden 07/ ,7 Dimitris Gioulekas

41 Swedish Federation of Consulting Engineers and Architects (STD), Average annual number of (Last Turnover CEO/President Group Services Country Report employees year) MEUR Managing Director (October 2008) Hulley & Kirkwood Consulting Engineers Ltd E,M Scotland ,8 Sommerville Telfer Structor Group ce,pm Sweden ,8 Jan Stråth, Per Fladvad, olof Hulthén 247 (*) DEGW Group a england ,9 Despina Katsikakis, Douglas Brown JBA Consulting ce, Env England 06/ ,8 Jeremy Benn Adviesbureau Peutz & Associés B.V Env,CE, I Netherlands ,1 J. H. Granneman HENN Architekten GmbH a Germany ,6 Gunter Henn Planungsgruppe M+M AG, PGMM E,M,PM, Enr Germany ,0 Willie Kienzle, Hermann Ott Rogers Stirk Harbour & Partners (fd Rickard Rogers) a england 06/ ,7 Rickard Rogers Infotiv AB i Sweden 06/ ,0 Alf Berndtsson Heinle, Wischer und Partner a,pm Germany * Monika Wurfbaum, alexander Gyalokay HLM Architects a england 06/ ,0 Christopher liddle Centroprojekt a.s MD Czech Rebubl ,8 Vladimir Kudela Llewelyn-Davies -Yeang Ltd a,ia England *06/ ,6 Stephen Featherstone JJM Ltd Co pm,i Poland 06/ Marek Poncyljusz Henning Larsen Architects a Denmark 07/ ,2 Mette Kynne Frandsen Schmidt, Hammer & Lassen K/S a Denmark ,4 Bente Damgaard Consat Engineering AB i Sweden ,9 Jan-Bertil Johansson Max Fordham LLP e,m, Env England 06/ ,2 Bill Watts JSK Architekten Gmbh a Germany Helmut W. Joos Polartest Oy enr Finland ,8 Matti Andersson A-Insinöörit Group S, CE, PM Finland ,7 Toimi Tarkiainen Opticonsult AS (SWECO Dec 2007) MD Norway ,5 Ole-Petter Thunes/ SWECO Norway Michael Punch + Partners S,CE,Env,PM Ireland 07/ ,4 John Pollock Årstiderne Architects a Denmark *07/ ,75 Per Lautsen Atelier Jean Nouvel S.a a France ,5 Michel Pelissie, Jean Nouvel SGI Consulting SA MD Luxemburg * ,0 Michel Nardin Cheming A.S CE,I,M,PM Czeck Republ ,6 Martin Slaby CTS Engineering Oy (desinvested from ÅF 2007) i Finland ,0 Antti Lukka 273 (*) Lyons+Sleeman+Hoare Architects a england * 6,1 Max Lyons B+S Ingenieur AG MD Switzerland Urs Ochsner Temagroup Sweden AB a,pm Sweden ,3 Håkan Persson SD Ingénierie Holding SA MD Switzerland ,2 J. D. Girard WTM Engineers MD Grmany ,1 Karl Morgan,Stefan Ehmann, Ulrich Jäppelt Avalon Enterprise AB i Sweden ,4 Peter Mattisson Cauberg-Huygen ce, Env Netherlands ,9 J.J.M. Cauberg Uticon Dynatherm i,env, PM Netherlands ,1 Simon Bruijnooge Prokon Engineering Ltd MD Turkey ,3 Hsan Özdemir, Ismail Salici Bjerking Ingenjörsbyrå AB ce,m Sweden ,4 Roine Gillberg TC Project Management B.v i netherlands ,4 Rudie Veenendaal Clancy Consulting MD England 07/ ,7 Alan Bramwell Purcell Miller Tritton a england 06/ ,5 Mark Goldspink Tengbom a Sweden ,1 Magnus Meyer Price & Myers S England 06/ ,3 Sam Price Geodata S.p.a ce italy ,8 Cesare salvadori Politecnica- Ingegneria e architettura Soc. Coop MD Italy * ,5 Gabriele Giacobazzi EKJ Rådgivende Ingeniorer A/S MD Denmark 07/ ,1 Jørgen Nielsen JM Architects a Scotland ,5 Brian Thomson Proger SpA MD Italy 07/ ,0 Umberto Sgambati Careyjones Architects a england 06/ ,5 Chris Jones Bureau D études Greisch ce,s,a,pm Belgium * ,0 Jean-Marie Cremer Transprojekt- Warszawa Sp. Z o. O ce poland * ,0 Tadeusz Suwara UtiberTransport Consulting Management Ltd ce,pm Hungary ,0 György Lányi PTL pm Norge ,3 Sven Erik Nørholm Hjellnes Consult AS MD Norway ,9 Ivar O. Schjetlein EPR Architects Group Ltd a england 07/ ,2 Greg Craig Kragten B.V ce, Env Netherlands T.A.A.G. Stevens PM = Project Management, A = Architecture, CE = Civil-/S = Structural Engineering, Env = Environment, Enr = Energy, E = Electrical, M = Mechanical/HEVAC, I = Industrial, MD = Multi Disciplinary

42 42 Swedish Federation of Consulting Engineers and Architects (STD), 2008 Result margin: European top 300 % EBT Median was 60 % of the Russian firm Electro Magnetic Marine Exploration Technologies (EMMET). April saw the purchase of BKS Surveys Ltd, Northern Ireland with 100 employees. At the end of the summer, Fugro acquired NexTerra Geophysical Solution in India and SureSpek ISS Pty Ltd in Australia. During the first half of 2008, Grontmij made a handful of acquisitions including landscape architects Whitelaw Turkington with 70 employees, the renowned installation consultancy Roger Preston & Partners with about 160 employees, Trett with 120 employees and the Hungarian firm Canor. In July, it purchased the Belgian firm Libott Groep N.V with some 130 staff and later the Swedish company Teldako AB Source: Swedish Federation of Consulting Engineers and Architects (STD) Major acquisition in the USA Oranjewoud BV, which in terms of size is the fourth largest listed engineering consulting group in Holland, has begun to expand. It concluded 2007 with the acquisition of the Belgian environmental consultancy Belconsulting and its sister company Belcoplan. The purchase, which was made through Belgian Oranjewoud subsidiary Soesma bv, contributed some 60 employees to the group. The acquisition in January 2008 of Delta Consultants, Inc., with a focus on environmental engineering advice, was of an entirely different calibre. Delta had some 700 employees stationed in 45 offices all over the USA. The company has for many years been a partner of the environmental network Inogen Alliance. DHV, through its South African subsidiary SSI, started 2008 by merging with its domestic colleague BCP Engineers with some 100 employees. In March, SSI also acquired Turgis Consulting (Pty) Ltd with some 50 employees within, primarily, mining engineering. May saw the acquisition by DHV of the Polish firm Hydroprojekt S.p.o.o, followed in October by Canadian Vancouver-based InterVISTAS Consulting, Inc. with some 80 employees and operations primarily in the field of aviation industry technology. During the first half of 2008, the French Alten Groupe purchased two companies in France with a total of 70 employees, one in Belgium with 90 employees and a smaller firm in Rumania. In November, acquisition of the Swedish firm XDin AB was concluded, with almost 450 employees. Assystem and the owners of Anglo-Indian Silver Software Ltd reached agreement in February on setting up, in joint venture, a new company called Silver Atena with 500 employees and its head office in England. Assystem acquired a 55 % ownership, and all the operations in Silver Software were shifted to this company with its 330 employees, of whom 230 are based in Bangalore, India. The company commenced operations in September. In November, SII S.A acquired the Swiss Groupe Coris with 40 employees in the area of system integration. AKKA Technology ended 2007 with an agreement on a merger with Groupe COFRAMI. In per forma terms, the new AKKA had a turnover of just over EUR 350 million in David Cramér Market analysis Financial information and statistics has been collected partly from Market Manager Partner, Dow Jones Companies and Executives and Dunn Bradstreet.

43 Swedish Federation of Consulting Engineers and Architects (STD),

44 44 Swedish Federation of Consulting Engineers and Architects (STD), The Swedish Federation of Consulting Engineers and Architects, STD, is the trade and employer s organisation for Sweden s architectural firms, engineering consultancies and industrial engineering consultancies. With over 740 member companies, which together employ some staff, we represent two thirds of the sector. We work with the best interests of the member companies in mind, with the aim of strengthening their competitiveness and long-term profitability. STD endeavours to promote a high level of quality and profitability, sound development and good working conditions in the member companies. Our operations are founded on four basic cornerstones: visibility consulting operations salary and employment conditions competence development and renewal. This includes, for example, our efforts to increase the number of candidates for courses in engineering and technology, and to promote contact between member companies and schools. STD is part of Almega an organisation for service companies in Sweden. Almega is the largest group of employers associations in the Confederation of Swedish Enterprise. STD is a member of FIDIC (a global engineering consultancy organi sa tion), EFCA (the European counterpart), and UNICE (European employers confe deration). We cooperate also with the Swedish Asso ciation of Architects in ACE (Architects Council of Europe). The Swedish Federation of Consulting Engineers and Architects Part of Almega Visiting address: Sturegatan 11 Postal address: Box 55545, SE Stockholm, Sweden Telephone: Fax: [email protected]