// THE NORDICS · INDUSTRY
Data updated 19 June 2026
Research & Development Companies Across Nordics
Companies
10,690
Market
the Nordics
The Research & Development sector in the Nordics comprises 10,690 companies across 7 sub-industries. Its largest sub-industry is Other research and other development work in natural science and technology (6,084 companies), and the highest-revenue company is Nokia Technologies Oy. This page breaks the research and development 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 scientific research markets: Finland, Denmark, Norway, Sweden.
Summary: key data points for Research & Development in the Nordics
- Total companies: 10,690
- Sub-industries: 7
- Largest sub-industry: Other research and other development work in natural science and technology — 6,084 companies (56.9% of the sector)
- Second largest: Research and development work within biotechnology — 2,852 companies
- Third largest: Research and development work within social sciences and humanities — 1,727 companies
- Companies with reported revenue: 4,506
- Companies with €10M+ revenue: 148
- Companies with reported headcount: 4,033
- Larger employers (100+ staff): 92
Research & Development in the Nordics by sub-industry
| Sub-industry | Companies | % of sector |
|---|---|---|
| Other research and other development work in natural science and technology | 6,084 | 56.9% |
| Research and development work within biotechnology | 2,852 | 26.7% |
| Research and development work within social sciences and humanities | 1,727 | 16.2% |
| Annan naturvetenskaplig och teknisk forskning och utveckling | 12 | 0.1% |
| Forskning og eksperimentel udvikling inden for naturvidenskab og teknik | 8 | 0.1% |
| Forskning og eksperimentell utvikling innenfor naturvitenskap og teknikk | 5 | 0.0% |
| Bioteknisk forskning och utveckling | 2 | 0.0% |
Company size — Research & Development in the Nordics
Based on the 4,033 research and development companies in the Nordics with reported employee figures.
| Employees | Companies | % of reported |
|---|---|---|
| 1–10 | 3,320 | 82.3% |
| 11–49 | 507 | 12.6% |
| 50–99 | 114 | 2.8% |
| 100–199 | 56 | 1.4% |
| 200–499 | 22 | 0.5% |
| 500+ | 14 | 0.3% |
The sector is dominated by small firms — 82.3% of companies with reported headcount have 1–10 employees. At the other end, 92 companies employ 100+ people and represent the high-value enterprise accounts.
Revenue distribution — Research & Development in the Nordics
Based on the 4,506 research and development companies in the Nordics with reported revenue.
| Revenue band | Companies | % of reported |
|---|---|---|
| €0–100k | 2,117 | 47.0% |
| €100k–200k | 693 | 15.4% |
| €200k–500k | 595 | 13.2% |
| €500k–1M | 332 | 7.4% |
| €1M–10M | 621 | 13.8% |
| €10M–100M | 130 | 2.9% |
| €100M+ | 18 | 0.4% |
Top 50 Research & Development companies in the Nordics by revenue
| Business ID | Company | Website | Employees | Revenue | Sub-industry |
|---|---|---|---|---|---|
| 2655044-9 | Nokia Technologies Oy | nokia.com | 200–499 | €1.9B | Research and development work within biotechnology |
| 5565424321 | Volvo Technology AB | volvo.com | 500+ | €1.1B | Other research and other development work in natural science and technology |
| 2542776-4 | Oura Health Oy | ouraring.com | 200–499 | €668.1M | Research and development work within biotechnology |
| 5564646874 | RISE Research Institutes of Sweden AB | ri.se | 500+ | €336.9M | Other research and other development work in natural science and technology |
| 5569227639 | Geely Technology Europe AB | 500+ | €291.2M | Other research and other development work in natural science and technology | |
| 5563093359 | Karo Healthcare AB | karopharma.se | 100–199 | €256.3M | Other research and other development work in natural science and technology |
| 5565956827 | Huawei Technologies Sweden AB | huawei.com | 100–199 | €242.6M | Other research and other development work in natural science and technology |
| 5560700543 | Autoliv Development Aktiebolag | autoliv.com | 11–49 | €238.8M | Other research and other development work in natural science and technology |
| 5565735130 | Arexis AB | arexisgroup.com | — | €223.6M | Other research and other development work in natural science and technology |
| 16313440 | FERRING PHARMACEUTICALS A/S | ferring.in | 500+ | €219.7M | Other research and other development work in natural science and technology |
| 5565104212 | Amgen Aktiebolag | amgen.com | 100–199 | €208.2M | Other research and other development work in natural science and technology |
| 5560577594 | Gambro Lundia AB | 100–199 | €201.6M | Research and development work within biotechnology | |
| 2647375-4 | Teknologian tutkimuskeskus VTT Oy | vttresearch.com | 500+ | €189.7M | Research and development work within biotechnology |
| 31611792 | Everllence, filial af Everllence SE, TYSKLAND | 500+ | €146.7M | Other research and other development work in natural science and technology | |
| 5566679105 | Camurus AB | camurus.com | 100–199 | €146.3M | Other research and other development work in natural science and technology |
| 5590468632 | Olink Proteomics AB | olink.com | 200–499 | €131.2M | Research and development work within biotechnology |
| 1657278-3 | Danisco Sweeteners Oy | danisco.com | 100–199 | €128.2M | Research and development work within biotechnology |
| 5565131660 | TFS Trial Form Support International AB | tfscro.com | — | €114.3M | Other research and other development work in natural science and technology |
| 1737565-0 | Bittium Wireless Oy | bittium.com | 200–499 | €98.1M | Research and development work within biotechnology |
| 5564920949 | Elekta Instrument AB | elekta.com | 200–499 | €95.7M | Other research and other development work in natural science and technology |
| 5566026141 | Jolife AB | 11–49 | €93.8M | Other research and other development work in natural science and technology | |
| 5566599766 | Calliditas Therapeutics AB | calliditas.se | 50–99 | €91.3M | Other research and other development work in natural science and technology |
| 46837428 | Statens Serum Institut | ssi.dk | 500+ | €90.7M | Other research and other development work in natural science and technology |
| 5560807173 | Autoliv Sverige Aktiebolag | autoliv.com | 200–499 | €83.3M | Other research and other development work in natural science and technology |
| 5567374631 | Albireo AB | albireopharma.com | 11–49 | €81.3M | Other research and other development work in natural science and technology |
| 5565494019 | Novavax AB | novavax.com | 100–199 | €73.0M | Other research and other development work in natural science and technology |
| 937357370 | SINTEF OCEAN AS | sintef.no | 200–499 | €68.4M | Other research and other development work in natural science and technology |
| 5564874922 | Biotage Sweden AB | biotage.com | 50–99 | €67.7M | Other research and other development work in natural science and technology |
| 958254318 | STIFTELSEN NORGES GEOTEKNISKE INSTITUTT | ngi.no | — | €64.1M | Other research and other development work in natural science and technology |
| 21023884 | GENMAB A/S | genmab.com | 500+ | €61.8M | Other research and other development work in natural science and technology |
| 939350675 | SINTEF Energi AS | sintef.com | 200–499 | €59.4M | Other research and other development work in natural science and technology |
| 56976116 | Teknologisk Institut | teknologisk.dk | 500+ | €58.5M | Other research and other development work in natural science and technology |
| 1084502-3 | ICARE FINLAND OY | icare-world.com | 50–99 | €51.4M | Research and development work within biotechnology |
| 976253744 | Letsea As | letsea.no | 50–99 | €51.4M | Other research and other development work in natural science and technology |
| 25553489 | 3SHAPE A/S | 3shape.com | 500+ | €51.2M | Other research and other development work in natural science and technology |
| 5568009939 | BONE SUPPORT AB | bonesupport.com | 11–49 | €50.8M | Research and development work within biotechnology |
| 42909769 | SEGES Innovation P/S | 500+ | €50.6M | Other research and other development work in natural science and technology | |
| 5567413132 | Oticon Medical AB | oticonmedical.com | 11–49 | €50.0M | Other research and other development work in natural science and technology |
| 5592312952 | First Solar European Technology Center AB | 11–49 | €47.5M | Other research and other development work in natural science and technology | |
| 855869942 | NORSK INSTITUTT FOR VANNFORSKNING STI | niva.no | 200–499 | €47.2M | Other research and other development work in natural science and technology |
| 5565000998 | CellaVision AB | cellavision.com | 100–199 | €46.6M | Other research and other development work in natural science and technology |
| 999017762 | ECONNECT ENERGY AS | econnectenergy.teamtailor.com | 11–49 | €46.1M | Other research and other development work in natural science and technology |
| 911501252 | EWOS Innovation AS | 50–99 | €43.5M | Other research and other development work in natural science and technology | |
| 5561162446 | IVL Svenska Miljöinstitutet AB | ivl.se | 200–499 | €43.2M | Other research and other development work in natural science and technology |
| 18159104 | Danmarks Meteorologiske Institut | dmi.dk | 200–499 | €42.6M | Other research and other development work in natural science and technology |
| 20045078 | ZEALAND PHARMA A/S | zealandpharma.com | 200–499 | €40.0M | Other research and other development work in natural science and technology |
| 2448841-8 | TJT Technologies Oy | tjttechnologies.fi | 1–10 | €36.1M | Research and development work within biotechnology |
| 5562448802 | IQVIA Clinical AB | iqvia.com | 100–199 | €35.6M | Other research and other development work in natural science and technology |
| 36466871 | DHI A/S | dhigroup.com | 200–499 | €35.3M | Other research and other development work in natural science and technology |
| 2647546-9 | Digital 14 Oy | digital14.com | 50–99 | €33.5M | Research and development work within biotechnology |
How to sell to Research & Development companies in the Nordics
- Micro-business heavy: 82.3% of firms with reported headcount have 1–10 staff — keep offers simple, fast to adopt, and priced for small teams.
- Enterprise tier: 92 companies have 100+ employees — these are your high-ACV accounts that warrant named-account outbound.
- Revenue concentration: 148 companies report €10M+ revenue and concentrate most of the sector's buying power.
- Segment your list: the sector splits across 7 sub-industries led by Other research and other development work in natural science and technology — 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 research and development companies.
Research & Development Companies Across Nordics across the Nordics
Compare the research & development companies across nordics sector in the Nordics with the other Nordic markets.
Research & Development Companies Across Nordics in Finland
View Finland data →
Research & Development Companies Across Nordics in Denmark
View Denmark data →
Research & Development Companies Across Nordics in Norway
View Norway data →
Research & Development Companies Across Nordics in Sweden
View Sweden data →
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Book a meetingFrequently Asked Questions
How many research and development companies are there in the Nordics?+
There are 10,690 research and development companies in the Nordics, split across 7 sub-industries, the largest being Other research and other development work in natural science and technology with 6,084 companies. Figures were last updated on 19 June 2026.
What are the largest research and development companies in the Nordics?+
Ranked by revenue, the largest research and development companies in the Nordics include Nokia Technologies Oy, Volvo Technology AB, Oura Health Oy, RISE Research Institutes of Sweden AB, Geely Technology Europe AB. The full top 50 list with revenue, headcount and website is shown above.
How can I get contact data for decision-makers at research and development companies in the Nordics?+
Nordic Lead Database provides verified emails, direct phone numbers and company data for decision-makers at the Nordics's 10,690 research and development companies. Book a meeting and we'll provision access or build a custom export.
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