The Smaragdus Group, which owns CTS Engtec, strengthens its expertise in the energy sector as the Turku-based Fundacon Oy joins the Group in a transaction completed on May 29, 2020. Founded in 1998, Fundacon Oy is a consulting company specializing in project management and expert tasks in the energy industry. During its 22-year history, the company has held expert positions i.a. in various projects of Fortum Heat and Power, Stora Enso and Valmet Technologies. The company employs six people.

The acquicition is part of the Group’s growth strategy and serves to further strengthten the Group’s diversified services in the energy sector. In the future, Fundacon will continue its operations as CTS Engtec’s sister company.

Read the full press release on Fundacon’s website at

Fundacon Oy specializes in providing comprehensive services to end-users in the energy field both domestically and in the Baltic Sea region. The company’s employees specialize in project management and expert tasks of the energy industry.

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