- Business
- Wise Group AB (publ) (WISE.ST) provides recruitment, staffing, and consultancy services focused on human resources across Sweden. The company offers HR consultancy including leadership development, organizational coaching, and payroll administration; recruitment and professional staffing for IT specialists, developers, management leaders, finance professionals such as CFOs and controllers, marketing and communication experts, sales personnel, and administrative roles including executive assistants and project coordinators; interim management for leadership and specialist positions; and business administration services targeting commercial, public, and non-profit organizations. Founded in 2005 and headquartered at Linnégatan 87 in Stockholm, Sweden, Wise Group operates primarily through eight specialist subsidiaries with approximately 400 employees, serving clients in Sweden following its strategic refocus from prior Nordic expansion.
In July 2025, Wise Group sells its Finnish subsidiary Wise People Group (WPG) to Tetos for SEK 1.5 million in a transaction completing September 1, 2025, to streamline operations and prioritize profitable growth in the Swedish market; payments occur in two installments over 18 months post-closing with a three-month brand transition period. The divestiture aligns with ongoing cost optimization, including a new office agreement with Vasakronan announced in September 2024 and leadership stabilization with Tobias Berglund's permanent CEO appointment in March 2024 after serving as acting CEO. These changes support enhanced focus on core recruitment and HR segments amid cautious market demand, as reflected in recent quarterly earnings showing sales declines but operating profit resilience into 2025.