Fira
Annual report 2018

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Fira is a growth company modernising the construction business. We want to build cities together with the people living in them creating new business opportunities.


Fira's direction / CEO's review

From the CEO

 

“The year 2018 was significant in terms of our future and, at the same time, two-sided. Our company’s development was significant and our business opportunities are now better than ever. At the same time, the profitability of the construction business suffered considerably, as we completed some demanding residential construction projects launched in the previous years, and therefore, our construction business result showed a loss.“

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2018 / Group's key figures

Group's key figures 2018


Fira's direction / EMPLOYEE PERSPECTIVE TO 2018

Buildin movement

Building movement – A construction company for a new era, created by people

A city never stops. It lives and grows with its people. New city structures always create new forms of community. Construction affects our daily lives. It determines how we live, where we go and how we spend our free time. We need – and we deserve – better buildings.

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Firalaisuus

Working at Fira – working together

“If you want to go fast, go alone. If you want to go far, go together.”

Co-workers, the support provided by one’s own team and the atmosphere at work are important for Fira employees. Open cooperation with customers and partners and learning new things are the icing on the cake.

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Construction services / Business review

Construction services

“We had many successful projects in 2018 in terms of both profit and customer satisfaction. In addition to these accomplishments, we also experienced some challenges and disappointments during the year, and they were reflected in our profit.”

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Smart services / Business review

Smart services

“For Fira’s smart services, 2018 was a revolutionary year. The Fira Modules partnership consortium developed the next generation of smart bathroom pods and signed the first letters of intent and framework agreements with external partners. The number of Sitedrive users increased considerably, and we won our first international clients.”

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Strategy and business model

Investing in accelerated development

Our growth targets concern increasing Fira’s value and influence – not growing the company’s size directly. We want to be a trailblazer valued by our clients.

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Characteristics of Fira’s business

Traditional business model in construction is changing from vertical to knowledge-based that connects customers and operators in a new way, benefitting from digitalisation and service platforms.”

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