- Business
- Wirtek A/S is a Danish IT services and solutions company that provides software development, embedded engineering, research and development, quality assurance, and testing services to clients worldwide; it specializes in energy solutions including grid optimization, energy trading and risk management, forecasting, energy automation, smart metering, ETRM, EV infrastructure, battery testing platforms, and cybersecurity; intelligent connected systems encompassing IoT hardware, wireless communication, industrial automation, embedded software development for 5G, audio and sensor systems, NB-IoT, WiFi, Bluetooth, Zigbee, and secure industrial communication; and custom digital solutions such as AI, DevOps, business automation, and digital transformation for sectors like finance and healthcare. The company also offers proprietary product solutions including the Tenant Consumption Management platform for EU-compliant smart meter reading, real-time utility tracking, billing, and energy optimization in multi-tenant buildings; the Wirtek IoT Suite connecting over 500,000 devices globally; and SaaS products for energy and IoT. Founded in 2001 as a spin-off from Nokia Networks and headquartered in Aalborg, Denmark, Wirtek operates offices in Romania and Portugal, serving clients primarily in Europe and the USA across energy, wireless communication and automation, IoT, and digitalization sectors; it has been listed on Nasdaq First North Copenhagen since 2006. In 2024, Wirtek completed the acquisitions of Seluxit in July and Pragmasoft Portugal effective August, bolstering its clean energy and IoT capabilities with added expertise in software solutions, IoT hardware, and new products; these moves support its Accelerate25XL growth strategy and enabled a major multi-year IoT order in October 2024 exceeding DKK 3 million in initial 2025 revenue from hardware, software development, cloud/app operations, and recurring subscriptions for a Danish industrial client. In November 2025, the company launched a new growth strategy emphasizing organic expansion in 2026, outcome-based services with AI-assisted delivery, scaling of subscription-based IoT solutions on EU-compliant platforms addressing NIS2, AI Act, and Data Act regulations, alongside Q3 2025 financials showing revenue of DKK 16.6 million and doubled EBITDA to DKK 0.7 million.