The Story of Smaragdus Oy
The present
2021
Formation of the Fimpec group
CTS Engtec Oy, Fimpec Oy, and Fundacon Oy began operating under the common name Fimpec on May 26, 2021. Simultaneously, the group company Smaragdus Oy changed its name to Fimpec Group Oy. Fimpec defines itself as a top specialist in project management and engineering.
2020
Total revenue of Smaragdus group companies reaches 25.7 million euros
The combined revenue of companies within the Smaragdus group was 25.7 million euros in 2020. The staff consisted of 260 employees working in 7 countries.
2020
Smaragdus acquires Fundacon Oy
Established in 1988, Fundacon Oy specialized in project management and consulting in the energy sector. The company employed 6 people.
2020
Smaragdus acquires a share of HeatConsult OÜ
The Estonian company HeatConsult OÜ specialized in project management and consulting for district heating and gas networks. In 2020, the company had 16 employees.
2019
Smaragdus group becomes the owner of Fimpec Oy
The founding shareholders sold Fimpec Oy to the Smaragdus group on February 6, 2019.
2017
Smaragdus group becomes the owner of CTC Engtec Oy
The new majority owner was the Smaragdus group, managed by the venture capital firm Helmet Capital. As part of the ownership base expansion, CTS Engtec Oy decided on a restructuring program, paying off the remaining obligations of the company well ahead of schedule.
2017