Vitec in Finland
Vitec provides standardized vertical software for niche markets, serving sectors such as real estate, healthcare, hospitality and energy. Founded in 1985, the company employs around 1,870 people and is listed on Nasdaq Stockholm.
Vitec is a provider of standardized vertical software for niche markets, delivering business-critical products to sectors including real estate, healthcare, hospitality, education, environmental services and energy. The company was founded in 1985 as a spin-off from Umeå University by research colleagues Lars Stenlund and Olov Sandberg, with an original focus on solving energy consumption challenges for property owners. It now employs approximately 1,870 people and reported net sales of SEK 3,633 million in 2025.
The group is organised as multiple independent business units, each specialising in specific industry verticals. Its portfolio consists of standardized software products rather than bespoke development, deployed across industry verticals in the Nordic region and wider Europe. Vitec is listed on Nasdaq Stockholm, with headquarters in Umeå, Sweden.
In Finland, Vitec operates as part of a geographic presence that also covers Sweden, Denmark, Norway, the Netherlands and Poland. Technical work spans industry-specific software development, standardized software for niche markets, energy consumption software for property owners, and business-critical enterprise software.
The company states a brand promise of "To rely on, today and tomorrow" and a commitment to long-term partnerships with customers whose operations depend on its software. With over 40 years of continuous operation, the business has been built around products intended to remain in use over extended periods.