Dovre Group has received a EUR 5.5 million payment demand linked to a performance bond and says it cannot pay the amount.

The consulting company focused on large industrial and energy projects is now considering corporate restructuring proceedings as it faces threatened insolvency, with the payment due on January 12, 2026, according to Dovre's press release issued today. The request is linked to a performance bond granted to Alight Ukko Oy.

In another release on January 2, Dovre said that its main financial risks relate to joint and several liability guarantees issued on behalf of unit Suvic Oy’s projects between December 2024 and March 2025. The company estimates remaining guarantees at about EUR 63 million, with counter-guarantees to financial institutions totaling around EUR 26 million. Negotiations on guarantee arrangements are ongoing.

Dovre's shares have been suspended from trading on December 30, 2025.