- CEO
- Magnus Olof Welén
- Full Time Employees
- 1,051
- Sector
- Technology services
- Industry
- Data processing services
- Address
- Glödgargränd 14 Västerås VM Sweden 721 30
- IPO Date
- May 29, 1998
- Business
- Prevas AB is a Nordic technology company specializing in product and production development services, including digitalization and automation solutions for industrial clients. Its core offerings include product development, production development, software and embedded systems, IoT solutions, UX/UI design, and consulting services. Prevas serves various industries such as manufacturing, energy, defense, and life sciences, delivering innovative and sustainable technology solutions. The company operates primarily in Sweden, Norway, Denmark, and Finland. Founded in 1985, Prevas is headquartered in Västerås, Sweden.
In the past two years, Prevas has made significant strategic acquisitions and expansions to strengthen its market position. In 2024, it acquired approximately 92 percent of Finnish company Enmac (NMAC Group Oy), establishing a stronger Nordic presence with about 1,100 employees across Sweden, Norway, Denmark, and Finland. This acquisition expanded Prevas' capabilities in product, process, and production development services tailored for the Nordic market. In 2025, Prevas further expanded by acquiring 80 percent of OIM Sweden AB, a leader in product development and small-scale production, enhancing its technical expertise and regional growth especially in the Öresund area. The company also divested its information visualization software subsidiary, Prevas InfoVis AB, to focus more on core business areas. Additionally, Prevas appointed Helena Burström as its new CFO in late 2025.
Prevas maintains a strong focus on innovation, digital transformation, and customer value through comprehensive engineering services, including advanced diagnostics systems, automation solutions, and sustainable technology implementations. Its financial performance has shown steady growth with increasing profitability and expanded market presence in recent years, supported by its strategic acquisitions and targeted business initiatives. Prevas continues to deliver services that address complex industry challenges from concept to finished solution, emphasizing creativity, sustainability, and operational efficiency.