Our organization

At JM works thousands of employees. Our organization is divided into Group Staffs, Business Units and Regions. A decentralized organization with clearly delegated profit and marketing responsibility has given the JM Group a strongly business-driven corporate culture.

Business Segments

JM’s business is managed in six business segments:

JM Residential Stockholm

The business segment develops residential projects in Greater Stockholm. Operations include acquisitions of development properties, planning, pre-construction and the production and sales of residential units.

JM Residential Sweden

The business segment develops residential projects in growth areas in Sweden, excluding Greater Stockholm. Operations include acquisitions of development properties, planning, pre-construction, production and sales of residential units

JM Norway

The business segment develops residential projects in Norway. Operations include acquisitions of development properties, planning, preconstruction, production and sales of residential units. Revenue recognition is reported using the percentage of completion method.

JM Finland

The business segment develops residential projects in Finland. Operations include acquisitions of development properties, planning, preconstruction, production and sales of residential units. Revenue recognition is reported using the percentage of completion method.

JM Property Development

The business segment primarily develops rental units, residential care units and commercial properties in Greater Stockholm. The business segment’s entire portfolio comprises project development properties. The operations include JM@home, which offers economic and technical management services to tenant-owners associations as well as housing services.

JM Construction

The business segment carries out construction work for external and internal customers in the Greater Stockholm area, focusing on projects that have synergies with residential project development.

På bilden syns några av de bostadsprojekt som JM utvecklat i Dalénum på Lidingö i Stockholm.

Focusing on the customer

JM resides close to the customer. We aim to understand how driving forces such as urbanization and demographics influence customers, and which requirements and needs are important to both current and future customers.

Challenging employeeship

JM should offer a workplace where employees enjoy their work, are challenged, and can develop. Our success is dependent on knowledgeable and committed employees, who by joining forces ensure that we gradually become better at what we do at JM.

Number of employees: 1,947
Number of wage-earners: 700
Number of salaried employees: 1,247

Average number of employees: 2,093
Average number of employees in Sweden: 1,627
Average number of employees in Norway and Finland: 466

As per 31 december 2024

Equal opportunity and diversity

In order to build attractive homes and residential areas for our customers, we employees need to represent society as a whole. When we work together in groups with different backgrounds, we are more innovative and efficient and better at finding solutions. Our goal by 2030 is for 20 percent of our skilled laborers to be women. We should also have equal gender distribution within function groups among salaried employees, have equal gender distribution among management groups from the regional level and upward, and reflect the ethnic diversity in society.

- “We deliver better products to our customers if we have different backgrounds and experiences. It is therefore incredibly important that we continue to invest in diversity and equality in the long term. I am particularly proud of our successful apprenticeship program for women, which over the years has helped many women dare to enter the construction industry.”
Johan Skoglund, President and CEO 2002-2024.

 

Today, 37 percent of JM’s salaried employees are women, and the corresponding figure for our wage-earners is 7 percent.

Apprenticeship program for women

Since 2017, we have been welcoming women who want to be skilled laborers. Those who always had the dream, but never dared to pursue it.

Read more about JM's apprenticeship program for women (in Swedish) here.

Sustainable in the long run

JM is leading the development toward a sustainable society in the long term through:

  • Swan Ecolabeling of all JM residential units
  • A target of almost zero climate-effecting emissions by 2030
  • Active efforts to attract more skilled female workers to the industry
  • Offer of homes and local environments where people feel good and can live more sustainably

Adopting a long-term approach has been a guiding principle for JM from the very start of the company in 1945. A clear strategic focus combined with a well-balanced building rights portfolio and a strong emphasis on sustainability issues lay the foundation for JM to create value in the future as well.

As a project developer of housing, we face considerable possibilities for influencing our operations and products to reduce environmental impact.

Business concept

With people in focus and through constant development, we create homes and sustainable living environments.

Vision

 We are laying the foundations for a better life.

Governance structure