{"id":3631,"date":"2024-10-03T09:47:09","date_gmt":"2024-10-03T08:47:09","guid":{"rendered":"https:\/\/terranor.fi\/the-terranor-group-enters-the-next-strategic-phase\/"},"modified":"2024-10-03T10:52:36","modified_gmt":"2024-10-03T09:52:36","slug":"the-terranor-group-enters-the-next-strategic-phase","status":"publish","type":"post","link":"https:\/\/terranor.fi\/en\/the-terranor-group-enters-the-next-strategic-phase\/","title":{"rendered":"Terranor Group enters the next strategic phase"},"content":{"rendered":"

The Terranor Group enters the next strategic phase:
\nProfessionalization on the Group Level and Strategy Refinement of the accelerated growth path.<\/p>\n

Since its foundation in November 2020, the Terranor Group\u2019s annual revenue has grown from ~101 Million EUR to ~300 Million EUR in 2024, and profitability has improved by ~12 Million EUR. Today, the Terranor Group is stronger than ever, and we continue this path with the utmost determination and ambition.<\/p>\n

\u201cFirst in Mind in Road Operations and Maintenance in the Nordics\u201d is our uncontested vision. Our employees prove every day that we live up to this vision and our values of performance, competence, forward-thinking, and working together.<\/p>\n

2 companies \u2013\u00a0Terranor AB<\/a><\/b>\u00a0and\u00a0Terranor Oy<\/a><\/b>\u00a0\u2013 became 7:\u00a0Terranor AB<\/a><\/b>,\u00a0Terranor Oy<\/a><\/b>,\u00a0Terranor Verte Oy<\/a><\/b>,\u00a0Terranor Infra AB<\/a><\/b>,\u00a0Terranor Signa AB<\/a><\/b>,\u00a0Terranor Norvia AB<\/a><\/b>,\u00a0Terranor A\/S<\/a><\/b>.<\/p>\n

For four years, the Terranor Group has grown at a compound annual rate of more than 30%, significantly expanding its regional coverage and service offering. The business\u2019s complexity has continuously grown with it.
\nAnd with that, it comes with great excitement and pride that I can announce the further professionalization of the Terranor Group with a more refined top management team:
\nMichael Berglin<\/a><\/b>\u00a0joins the Terranor Group as the new Group CEO. Michael has a proven track record in the Nordic construction industry and extensive experience as a COO and CEO. He will take over the strong development of the No. 1 Nordic Road Operations and Maintenance Company and even accelerate our path to conquering the entire Nordic market.<\/p>\n

David Margula (Chairman of the Board): \u201cWith this addition and the handover of my CEO responsibility, I am highly excited to have more time as the Chairman, given the rising complexity of the Group structures, to focus more on the strategic development of our operating model, the tender strategy, and the corporate development.\u201d<\/p>\n

\n

#FirstInMind<\/strong>
\n#PeopleMakeTheDifference<\/strong><\/p>\n

\n

\"\"<\/p>\n

David Margula and Michael Berglin<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

The Terranor Group enters the next strategic phase: Professionalization on the Group Level and Strategy Refinement of the accelerated growth path. Since its foundation in November 2020, the Terranor Group\u2019s annual revenue has grown from ~101 Million EUR to ~300 Million EUR in 2024, and profitability has improved by ~12 Million EUR. Today, the Terranor […]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-3631","post","type-post","status-publish","format-standard","hentry","category-terranor-news-en"],"acf":[],"yoast_head":"\nTerranor Group enters the next strategic phase - Terranor Oy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/terranor.fi\/en\/the-terranor-group-enters-the-next-strategic-phase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terranor Group enters the next strategic phase - Terranor Oy\" \/>\n<meta property=\"og:description\" content=\"The Terranor Group enters the next strategic phase: Professionalization on the Group Level and Strategy Refinement of the accelerated growth path. 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