Strategy and values
Purpose
We enable the progress of society for future generations.
Mission
We deliver high-quality, cost-effective solutions in demanding infrastructure, renewable energy and industrial construction.
Vision
Our vision is to become the preferred partner in building a better future for generations to come, as well as to be the first-choice workplace for dedicated professionals.
Strategic plan for 2024-2026
NYAB’s strategic plan for 2024–2026 is based on four pillars: people first, responsibility to customers and society, operational excellence, and profitable growth.
People first
NYAB highlights safety as the highest priority and targets to become the most preferred workplace in the industry. NYAB’s success is a result of skilled and motivated employees, as well as a high-performance culture that focuses on utilizing each individual’s and team’s strengths and offering opportunities for development and growth. During the strategy period, NYAB will, among others, focus on improving collaboration and building joint success between business units.
Responsibility to customers and society
NYAB has set a company purpose of enabling the progress of society for future generations and its mission is to deliver high-quality, cost-effective solutions in demanding infrastructure, renewable energy, and industrial construction. Through its services for public and private sector customers, NYAB is enabling the green transition in the Nordics. During the strategy period, NYAB sets an extended focus on customer satisfaction and invests in sustainability to further strengthen its offering and contribution to society, as well as to align with EU’s climate targets and upcoming CSRD requirements.
Operational excellence
NYAB’s exceptional track-record of profitable growth is made possible by key enablers within its operations that support high efficiency and competitive advantages and provide opportunities to leverage the business model. NYAB aims to further strengthen its key enablers by focusing on continuous improvement in its operations. Initiatives to further improve operational excellence relate to enhancing cross-border resource sharing and project execution, focusing on holistic cost awareness in all parts of the organization and seeking incremental improvements in operations by utilizing smart digital solutions and collaboration. NYAB has simultaneously decided to initiate a strategic review of its minority shareholdings, such as the associated company Skarta Energy.
Profitable growth
NYAB’s business model is based on a lucrative position in the value chain of infrastructure, energy and industrial projects and an optimized organizational structure for successful project execution. NYAB aims at leveraging its business model by, among others, capturing organic growth opportunities relating to green transition investments in Sweden and Finland, as well as opportunities relating to large-scale infrastructure projects in Sweden and energy projects in Finland. NYAB also aims at increasing the share of collaborative and long-term maintenance contracts in Sweden and Finland, as well as supplementing its growth with strategic acquisitions that provide synergies and/or key competencies for the prioritized business areas.
Values and culture
NYAB has a strong entrepreneurial soul.
Our strong entrepreneurial spirit guides and helps us adapt to a rapidly changing world and we can provide our customers cost effective solutions of high quality. We constantly look deeply into business opportunities and possibilities to fill gaps in the market and to make processes more efficient and secure. Our culture permeates by dynamic decision-making, motivated employees and cost awareness in each step.
We enable the progress of society for future generations.
Through the projects we’re assigned within sustainable infrastructure, industrial construction and renewable energy, we contribute to society’s development and the green transition. In daily choices on our construction sites and offices, we make conscious trade-offs to create sustainable solutions. That builds our success and better future conditions. Our decisions provide sustainable business and an inclusive, developing and enjoyable workplace.
Not separately, but together towards a common goal.
Cooperation is for us a natural part in daily NYAB life. When we understand and make use of each other’s strengths we can optimise our capacity. That eliminates resource needs and creates high performing teams. We put together teams with the right competence and balance to work together with customers and partners. We have common focus on transparent goals, working method and efficacy which gives high quality in the projects, and successful work with time plan and budget.
