Business Technology
18:28 6 October 2025
Post by: WBJ

Swedish Vitec Software Group acquires majority stake in Polish NMG

Swedish Vitec Software Group acquires majority stake in Polish NMG
source: pexels

Sweden’s Vitec Software Group has acquired an 80% stake in Polish software producer NMG, whose clients include major energy companies such as PGE, Enea Operator, Polska Spółka Gazownictwa, and Stoen. Founded in 2002, NMG specializes in software solutions for the energy and industrial sectors. The deal marks Vitec’s first acquisition in Poland, following 77 previous takeovers across Europe.

Former majority shareholder Rafał Wnorowski retains 20% and will remain CEO for at least 3.5 years, after which Vitec plans full ownership. NMG, employing 110 people, doubled its 2024 revenue to PLN 38.4 million and achieved PLN 9.9 million net profit. Vitec cited Poland’s energy transformation and NMG’s advanced technologies as key reasons for the acquisition.

(pb.pl)


More News

lifestyle

LifeStyle
25 days ago

Poles limiting alcohol and sugar in their diets

LifeStyle
1 month ago

Winter relaxation embraced by nature

LifeStyle
1 month ago

BROOKLYN WARSAW: New York Energy in the Heart of the Capital

LifeStyle
2 months ago

Sales of works of art at auction in Poland exceeded PLN 400 mln

Book of Lists

Book of Lists
5 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.