ÞG Verktakar is in 54th place among exemplary companies in the category of large companies and one of the largest construction contractors in the country, but the company will be 20 years old this year.
“It is going well and things are going well, but every project needs to be considered very carefully. We are both in the auction market and in our own projects. We have usually had the rule not to go to plots or projects unless everything is in place.
In the housing markets alone, there are close to 1,000 apartments that will be launched this year. What we have invested in, is just the residential part about 850 apartments and it is only our own work. It is aiming for the biggest year with us from the beginning if plans go according to plan this year, “says Davíð Már Sigurðsson, sales and marketing director of ÞG verk, but about 80% of the projects the company has are for its own account but it can however, make changes depending on the project status at any given time. In addition to residential housing, ÞG Verk is active in the construction of commercial housing. “We are big in Hafnartorg, for example. We have a lot of offices there and we also have commercial premises on Dalvegur, which is quite large, “says Davíð.
ÞG Verk has always been run on the same ID number, but Davíð says the company is proud of it and uses it in marketing and sales work. “Yes, we are and we do a lot. What amazes us is that people hardly know who builds the apartment that costs 50 million, but they know exactly who made the TV or the carving machine. We respond to everything that comes up and are there if something comes up and that is extremely important in such an upswing in the market. Construction is underway very fast and there is a risk that defects may arise. That is why it is important to switch to a company that does a good job, has good quality control during the construction period and will be there if something comes up after delivery, “he says.