Clear strategy for continued profitable growth
Netel has a stable foundation to continue to grow profitable. The strategy for profitable growth means that we will make acquisitions in selected markets while expanding our current business.
The success of Netel rests on our motivated employees. Our employees are project management specialists in critical infrastructures and driven by a strong entrepreneurial spirit, a sustainability approach and a sense of accountability for the natural environment and work environment. The decentralised organisation means that our employees possess extensive knowledge about local conditions, regulations, and more. Our employees have also established local networks with well-respected, competent subcontractors.
Close collaboration with subcontractors
We collaborate with a vast number of subcontractors who carry out the construction and installations in the projects. Close collaboration with subcontractors and good project management are essential to our ability to deliver high-quality projects.
Organic growth
Through our long-standing customer relationships with leading stakeholders in Northern Europe, we have a stable foundation for organic growth. There is an underlying healthy growth within our market driven by the need for more capacity and modernisation of infrastructures as well as the introduction of new technology. Expansion of the infrastructures also increases the customers’ service and maintenance needs. We therefore see excellent potential to continue to grow with both existing and new customers in Northern Europe.
Growth through acquisitions
We drive an active acquisition agenda to complement the current business or to expand by entering new customer segments or new geographical markets. During 2023, we are focusing on acquisitions in Norway, the UK, Sweden and Germany. Prioritised areas are power, heating, water and sewage.