Empir Group AB
EMPIR-B.ST
Stockholm Stock Exchange10.65
SEK
-0.25
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Empir Group AB
EMPIR-B.ST
(Stockholm Stock Exchange)
Recent
price
10.65
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Empir Group AB (publ) (EMPIR-B.ST) is a Sweden-based IT consulting and services company that operates through three core business segments: Solve, which provides application and system development, testing, project management, and consulting under brands including Frontwalker, Racasse, Generic System, MSC Solutions, and Capo; Apply, which develops and markets specialized IT products such as mobility and telematics solutions, product information management, and database tools under brands like Advoco, Portify, and Designtech Solutions; and Serve, which delivers application management, IT infrastructure, cloud services, Microsoft 365 support, and operational services under brands including Appnode and Frontnode. The company serves diverse industries such as e-health, construction, manufacturing, banking, finance, defense, education, and municipalities with nationwide operations across Sweden from Luleå in the north to Malmö in the south, including key locations in Stockholm, Gothenburg, Jönköping, Sundsvall, Uppsala, Uddevalla, Trollhättan, and Skövde; founded in 1987 and headquartered at Sveavägen 66 in Stockholm, it comprises over 14 subsidiaries and associated companies with approximately 200-500 employees. In early 2023, Empir Group completed a significant strategic expansion through an indirect acquisition of a 50% stake in mySafety Group AB (formerly via holding company ESSNSS AB) for 40 MSEK, financed partly by a 10.25 MSEK directed share issuance and a seller's note maturing in December 2024, integrating mySafety Försäkringar and SBM Försäkring to enhance its B2C digital services portfolio alongside existing B2B IT offerings; this followed its 2018 rebranding from MSC Group AB and positioned the group for synergies in digital customer interfaces and insurance technology.