// THE NORDICS · INDUSTRY
Data updated 19 June 2026
Energy & Utility Companies Across Nordics
Companies
11,317
Market
the Nordics
The Energy & Utility sector in the Nordics comprises 11,317 companies across 16 sub-industries. Its largest sub-industry is Production of electricity from hydropower (5,121 companies), and the highest-revenue company is Vattenfall AB. This page breaks the energy and utilities market down by sub-industry, company size and revenue, and lists the 50 largest companies in the Nordics by revenue. Data last updated 19 June 2026.
Drill into the individual electricity markets: Finland, Denmark, Norway, Sweden.
Summary: key data points for Energy & Utility in the Nordics
- Total companies: 11,317
- Sub-industries: 16
- Largest sub-industry: Production of electricity from hydropower — 5,121 companies (45.3% of the sector)
- Second largest: Distribution of electricity — 3,096 companies
- Third largest: Trade in electricity — 976 companies
- Companies with reported revenue: 4,548
- Companies with €10M+ revenue: 591
- Companies with reported headcount: 3,122
- Larger employers (100+ staff): 106
Energy & Utility in the Nordics by sub-industry
| Sub-industry | Companies | % of sector |
|---|---|---|
| Production of electricity from hydropower | 5,121 | 45.3% |
| Distribution of electricity | 3,096 | 27.4% |
| Trade in electricity | 976 | 8.6% |
| Steam and hot water supply | 910 | 8.0% |
| Production of electricity from wind power | 590 | 5.2% |
| Trade in gas through pipelines | 364 | 3.2% |
| Production of electricity otherwise | 154 | 1.4% |
| Production of electricity from biofuel | 91 | 0.8% |
| Anden handel med elektricitet | 5 | 0.0% |
| Produktion af elektricitet fra vedvarende energikilder | 3 | 0.0% |
| Produktion af gas | 2 | 0.0% |
| Lagring af elektricitet | 1 | 0.0% |
| Produksjon av elektrisitet fra vannkraft | 1 | 0.0% |
| Lagring av elektricitet | 1 | 0.0% |
| Generering av elektricitet från förnybara energikällor | 1 | 0.0% |
Company size — Energy & Utility in the Nordics
Based on the 3,122 energy and utilities companies in the Nordics with reported employee figures.
| Employees | Companies | % of reported |
|---|---|---|
| 1–10 | 2,447 | 78.4% |
| 11–49 | 462 | 14.8% |
| 50–99 | 107 | 3.4% |
| 100–199 | 54 | 1.7% |
| 200–499 | 35 | 1.1% |
| 500+ | 17 | 0.5% |
The sector is dominated by small firms — 78.4% of companies with reported headcount have 1–10 employees. At the other end, 106 companies employ 100+ people and represent the high-value enterprise accounts.
Revenue distribution — Energy & Utility in the Nordics
Based on the 4,548 energy and utilities companies in the Nordics with reported revenue.
| Revenue band | Companies | % of reported |
|---|---|---|
| €0–100k | 1,179 | 25.9% |
| €100k–200k | 538 | 11.8% |
| €200k–500k | 703 | 15.5% |
| €500k–1M | 484 | 10.6% |
| €1M–10M | 1,053 | 23.2% |
| €10M–100M | 495 | 10.9% |
| €100M+ | 96 | 2.1% |
Top 50 Energy & Utility companies in the Nordics by revenue
| Business ID | Company | Website | Employees | Revenue | Sub-industry |
|---|---|---|---|---|---|
| 5560362138 | Vattenfall AB | vattenfall.se | 500+ | €5.3B | Production of electricity from hydropower |
| 0109160-2 | Fortum Power and Heat Oy | fortum.fi | 500+ | €1.9B | Production of electricity from hydropower |
| 916462786 | CENTRICA ENERGY TRADING NUF | centrica.com | — | €1.9B | Trade in electricity |
| 5560068230 | Fortum Sverige AB | fortum.se | 200–499 | €1.5B | Production of electricity from hydropower |
| 2630573-4 | Helen Oy | helen.fi | 500+ | €1.4B | Production of electricity from hydropower |
| 1072894-3 | Fingrid Oyj | fingrid.fi | 500+ | €1.1B | Production of electricity from hydropower |
| 5560706060 | E.ON Energidistribution Aktiebolag | eon.se | 500+ | €1.0B | Distribution of electricity |
| 5564170800 | Vattenfall Eldistribution AB | vattenfalleldistribution.se | 500+ | €952.9M | Distribution of electricity |
| 0196656-0 | Teollisuuden Voima Oyj | tvo.fi | 500+ | €897.4M | Production of electricity from hydropower |
| 5560145889 | E.ON Energilösningar Aktiebolag | eon.se | 50–99 | €862.0M | Trade in electricity |
| 5560169095 | Stockholm Exergi AB | stockholmexergi.se | 500+ | €823.5M | Steam and hot water supply |
| 5560016064 | Jämtkraft Aktiebolag | jamtkraft.se | 200–499 | €802.0M | Production of electricity from hydropower |
| 5560377326 | Ellevio AB | ellevio.se | 500+ | €756.9M | Distribution of electricity |
| 1842073-2 | Vattenfall Oy | vattenfall.fi | 50–99 | €754.7M | Trade in electricity |
| 0210161-4 | Pohjolan Voima Oyj | pohjolanvoima.fi | 11–49 | €748.1M | Trade in electricity |
| 5565490678 | Fortum Markets AB | fortum.com | 200–499 | €708.5M | Trade in electricity |
| 5561748525 | Forsmarks Kraftgrupp Aktiebolag | 500+ | €596.0M | Production of electricity from hydropower | |
| 5566434410 | Modity Energy Trading AB | modity.se | 11–49 | €591.9M | Trade in electricity |
| 2760639-5 | UPM Energy Oy | upmenergy.com | 50–99 | €585.4M | Production of electricity from hydropower |
| 994328417 | MIND ENERGY AS | mindenergy.com | 11–49 | €561.5M | Trade in electricity |
| 5560162561 | Skellefteå Kraftaktiebolag | skekraft.se | 200–499 | €559.4M | Production of electricity from hydropower |
| 990918546 | SCATEC ASA | scatecsolar.com | 100–199 | €533.0M | Production of electricity otherwise |
| 5565442638 | Bixia AB | bixia.se | 50–99 | €521.4M | Trade in electricity |
| 1852328-0 | Fortum Markets Oy | fortum.fi | 100–199 | €508.5M | Trade in electricity |
| 5565587036 | Ringhals AB | 500+ | €496.6M | Production of electricity from hydropower | |
| 5561326371 | Sydkraft Nuclear Power AB | 11–49 | €482.0M | Production of electricity from hydropower | |
| 5560263120 | Sydkraft Hydropower AB | 100–199 | €475.3M | Production of electricity from hydropower | |
| 1618314-7 | Caruna Oy | caruna.fi | 100–199 | €424.3M | Production of electricity from hydropower |
| 5564786555 | Entelios AB | entelios.se | 11–49 | €413.1M | Trade in electricity |
| 5566906839 | Gasum AB | gasum.com | 50–99 | €398.3M | Trade in gas through pipelines |
| 5563626794 | Göteborg Energi Aktiebolag | goteborgenergi.se | 500+ | €394.8M | Steam and hot water supply |
| 1703296-5 | Oomi Palvelut Oy | oulunsahkonmyynti.fi | — | €394.5M | Trade in electricity |
| 5564258134 | Produktionsbalans PBA AB | pba.it | — | €393.1M | Production of electricity from hydropower |
| 3101315-4 | Oomi Oy | oomi.fi | 50–99 | €374.0M | Trade in electricity |
| 5568101520 | Vattenfall Vattenkraft AB | vattenfall.com | 200–499 | €366.8M | Production of electricity from hydropower |
| 5564489150 | Mälarenergi AB | malarenergi.se | 200–499 | €359.7M | Steam and hot water supply |
| 5567307904 | Statkraft Sverige AB | statkraft.se | 200–499 | €354.6M | Production of electricity from hydropower |
| 5561461814 | E.ON Energiinfrastruktur AB | 200–499 | €353.7M | Trade in electricity | |
| 3001882-6 | Elenia Verkko Oyj | elenia.fi | 50–99 | €348.8M | Production of electricity from hydropower |
| 5560633728 | OKG Aktiebolag | okg.se | 500+ | €346.2M | Production of electricity from hydropower |
| 0984944-9 | Oy Turku Energia-Åbo Energi Ab | turkuenergia.fi | 200–499 | €333.2M | Distribution of electricity |
| 5567138549 | Mind Energy AB | energi-sverige.se | 11–49 | €330.8M | Trade in electricity |
| 5560049727 | Tekniska verken i Linköping AB (publ) | tekniskaverken.se | 500+ | €325.7M | Steam and hot water supply |
| 976820592 | Kinect Energy Spot AS | — | €324.9M | Trade in electricity | |
| 2038931-6 | Lumme Energia Oy | lumme-energia.fi | 11–49 | €314.6M | Trade in electricity |
| 2116967-3 | Mind Energy Oy | energiasuomi.fi | 1–10 | €303.6M | Trade in electricity |
| 887396752 | HAFSLUND KRAFT INNLANDET AS | hafslund.no | — | €272.6M | Production of electricity from hydropower |
| 2923655-1 | Väre Oy | vare.fi | 50–99 | €252.0M | Trade in electricity |
| 5593835621 | Navirum Energi AB | navirum.com | 200–499 | €250.9M | Steam and hot water supply |
| 0989376-5 | Oulun Energia Oy | oulunenergia.fi | 200–499 | €245.0M | Production of electricity from hydropower |
How to sell to Energy & Utility companies in the Nordics
- Micro-business heavy: 78.4% of firms with reported headcount have 1–10 staff — keep offers simple, fast to adopt, and priced for small teams.
- Enterprise tier: 106 companies have 100+ employees — these are your high-ACV accounts that warrant named-account outbound.
- Revenue concentration: 591 companies report €10M+ revenue and concentrate most of the sector's buying power.
- Segment your list: the sector splits across 16 sub-industries led by Production of electricity from hydropower — target by sub-industry rather than the sector as a whole.
- Reach the decision-makers: Nordic Lead Database provides verified emails and direct phone numbers for executives at the Nordics's energy and utilities companies.
Energy & Utility Companies Across Nordics across the Nordics
Compare the energy & utility companies across nordics sector in the Nordics with the other Nordic markets.
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Book a meetingFrequently Asked Questions
How many energy and utilities companies are there in the Nordics?+
There are 11,317 energy and utilities companies in the Nordics, split across 16 sub-industries, the largest being Production of electricity from hydropower with 5,121 companies. Figures were last updated on 19 June 2026.
What are the largest energy and utilities companies in the Nordics?+
Ranked by revenue, the largest energy and utilities companies in the Nordics include Vattenfall AB, Fortum Power and Heat Oy, CENTRICA ENERGY TRADING NUF, Fortum Sverige AB, Helen Oy. The full top 50 list with revenue, headcount and website is shown above.
How can I get contact data for decision-makers at energy and utilities companies in the Nordics?+
Nordic Lead Database provides verified emails, direct phone numbers and company data for decision-makers at the Nordics's 11,317 energy and utilities companies. Book a meeting and we'll provision access or build a custom export.
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