- Business
- Novotek AB (NTEK-B.ST) provides industrial IT and automation solutions to manufacturing and process industries across Europe. The Sweden-based company, founded in 1955 and headquartered in Malmö, designs, implements, deploys and maintains systems for production management and control; its core offerings include SCADA systems, MES platforms, production scheduling software, process optimization tools, energy monitoring solutions, industrial data platforms, Kepware OPC communication platforms, cyber security for production networks, PLC integration, AI and machine learning applications, as well as visualization and analytics based on partnerships with vendors such as GE Vernova, PTC, HighByte and AMDT. Novotek operates in the Nordic countries, Benelux region, United Kingdom, Ireland, Switzerland, France, Austria, Germany and other Western European markets north of the Alps, serving sectors including energy, infrastructure, iron and steel, chemicals and petrochemicals, food and beverage, pharmaceuticals, paper and pulp, manufacturing, water and drainage. In recent developments, the company launched operations in France and completed an acquisition in Austria in 2024, securing majority ownership in a German entity to bolster its DACH region presence; it extended its agreement with GE Vernova for three years while selling its ROB-EX stake to the partner, entered a new partnership with inray for data-driven production in Germany, acquired Venlor to expand in France, took over Premier Tech Digital France operations, and achieved three global ISO certifications.