Key information

Kruse Smith AS was established in 1935, has and has since developed into a leading player in the Norwegian contractor and property market. Maintaining strong local foundations has been, and remains, an important focus point for the company.

Kruse Smith is Norway’s sixth largest contractor (Byggeindustrien June 2011) and is a family-owned group with the Leire family as the principal shareholder. Tomas Leire serves as Chairman of the Board of Directors. Employees hold approx. 10% of the shares.

The Kruse Smith Group is divided into the following business segments: Infrastructure, Building construction, Building renovation, Housing and property development. The Group posted total sales of NOK 3.1 billion in 2010 and employs around 950 people.

Kruse Smith’s vision is From idea to reality. Our goal is to identify good ideas, take hold of them and realise their potential. Good ideas are a precondition for success – for us as for everyone else.

Business concept:

We aim to be a leading contractor and property developer with local roots. Results are generated through satisfied customers and motivated employees.

Active development in the period to 2015

Kruse Smith’s strategy for the period to 2015 highlights the following areas:

  • Management
  • Development
  • Risk management

During the strategy period Kruse Smith will focus in particular on further development at all levels of management. The objective is to create a sound framework for product-related and organisational development, for the benefit of our customers and employees.