Etteplan
Etteplan is a Finnish public engineering services company providing product development, embedded systems, software, technical documentation, and industrial AI solutions to leading manufacturers in automotive, defense, energy, medical, and industrial machinery across Europe, China, and the USA.
- Company typePublic
- Founded1983
- HeadquartersVantaa, Finland
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Etteplan does
Etteplan Oyj is a Finnish public engineering services company (Nasdaq Helsinki: ETTE) founded in 1983 and headquartered in Espoo, Finland. The company provides engineering, embedded systems, software, technical documentation, and testing services to global industrial manufacturers and operators across automotive, defense, energy, medical technology, and industrial machinery verticals. Revenue is generated predominantly through professional engineering service engagements, billed on time-and-materials or fixed-price contracts, with multi-year framework agreements (e.g., the Vattenfall 3-year agreement) supplementing project-based work.
Etteplan's service portfolio spans plant and product engineering (mechanical, electrical, automation, additive manufacturing), hardware and software services (FPGA, PCB, antenna/RF design, cloud, cybersecurity, computer vision, MES integration), and a digital technical communication stack including Etteplan AIM (asset information management), Etteplan INFO, and the HowTo/HyperSTE structured-content platforms. Underlying these is Etteplan rAIse, an industrial AI platform supporting AI agents for requirements engineering and data modernization, complemented by proprietary fiber routing and coating manufacturing technology produced in the Netherlands for aerospace, defense, medical, automotive, and telecom applications. The company holds an accredited EMC/RF test laboratory and ISO-style testing capabilities.
Etteplan operates a global delivery footprint across Finland, Sweden, the Netherlands, Germany, Poland, Denmark, China, and the USA, and has executed 10+ acquisitions since 2012 to deepen technical capability and geographic reach, including Cognitas GmbH (2022), Syncore Technologies (2022), DDCom (2022), LAE Engineering (2023), High Vision Engineering (2023), STRONGIT (2024), AFFRA AB (2024), Novacon Powertrain (2025), Eltech Automation (2025), and Raute Wood Processing (2026). For full-year 2025, Etteplan reported revenue of EUR 361.4 million (flat YoY) and EBIT of EUR 17.9 million, and management has guided 2026 revenue to EUR 360-380 million.
Etteplan firmographics
Firmographics- Name
- Etteplan
- Legal name
- Etteplan Oyj
- Website
- https://etteplan.com
- Company type
- Public
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Etteplan is a Finnish public engineering services company providing product development, embedded systems, software, technical documentation, and industrial AI solutions to leading manufacturers in automotive, defense, energy, medical, and industrial machinery across Europe, China, and the USA.
- Ownership category
- akta.pro rank
Etteplan industry classification
Industry- Product category
- Industrial Engineering Services
- NAICS
- Engineering Services (54133), Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Enterprise Architecture & IT Operating Model (BPAHAEAB)
- akta.pro secondary industries
- Emerging Tech (IoT, Blockchain, AR/VR, Edge) Consulting (BPAHAEAL), Data Engineering, Integration & ETL/ELT Services (BPAEAHAB)
Keywords
Where Etteplan is headquartered
LocationHeadquarters
- HQ city
- Vantaa
- HQ country
- Finland
- HQ region
- Europe
Offices9 records
Markets served
Etteplan business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Professional Engineering Services: Etteplan generates the majority of its revenue from professional engineering services including product development, plant engineering, software and embedded solutions, technical communication, and testing services. Revenue is project-based and typically billed on time-and-materials or fixed-price contracts. The company reported flat full-year 2025 revenue of EUR 361.4 million with operating profit (EBIT) of EUR 17.9 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based / custom engagement pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Etteplan product offering
Product offeringCore offering
Etteplan is a Finnish engineering services company that delivers product development, plant engineering, software and embedded solutions, technical communication, and accredited testing services to industrial manufacturers worldwide. The company also sells proprietary digital products including the Etteplan rAIse industrial AI platform, the HowTo suite for digital technical communication, HyperSTE structured content platform, Etteplan AIM for asset information management, and specialized fiber-optic flex circuit production technology. Services are delivered through offices across Finland, Sweden, the Netherlands, Germany, Poland, Denmark, China, and the United States.
Product overview
Etteplan is a Finnish technology service company that offers a comprehensive portfolio of engineering services, software and embedded solutions, technical communication, and testing services. The company operates through distinct but interconnected service areas: Engineering Services (Plant Engineering/Smart Factory, Product Development, and Production Solutions including Digital Twin and LCIA automation), Software and Embedded Services (Hardware Design, Software Development, and UX Design), Technical Communication (Etteplan AIM, Etteplan INFO, HowTo suite, and HyperSTE platforms), Testing and Test Laboratory, Green Transition Services, and Project Management. The portfolio is unified under the Etteplan rAIse industrial AI platform and supported by nearshoring/offshoring delivery capabilities. Key products include specialized solutions for fiber optic circuits, product lifecycle extension services, and digital twins. The company serves diverse industries including automotive, defense, energy, medical technology, and industrial machinery across Finland, Sweden, Netherlands, Germany, Poland, Denmark, China, and the USA.
Differentiator
Problem solved
Functional benefit
Products and services
- Etteplan rAIse
Quantifiable outcome
- Employees in industrial companies typically spend 20–30% of their time searching for, validating, or recreating information due to poor data quality, resulting in lost productivity, compliance challenges, and costly project rework.
- +1 more outcomes
Companies that use Etteplan
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles5 records
Etteplan technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature5 records
Etteplan partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered major and core.
- PatriamajorEtteplan and Patria are deepening their engineering collaboration significantly. Etteplan will establish a competence centre for Patria's vehicle engineering operations, representing a major expansion of the partnership. This is one of the most significant strategic engineering partnerships referenced in the source material.
- MicrosoftcoreEtteplan achieved Microsoft Solutions Partner for Data & AI (Azure) designation, recognizing the company's technical competence, certified personnel, and proven success in data, analytics, and AI customer projects. The partnership provides Etteplan access to Microsoft's advanced resources, support tools, and development capabilities, strengthening its position as a provider of industrial data and AI solutions using Azure cloud technologies.
- Vattenfall ABmajorEtteplan signed a three-year framework agreement with Vattenfall AB (with option to extend) to provide technical consulting and engineering services. The agreement aims to enhance operational efficiency and support Vattenfall's transition to a fossil-free future. This represents a significant strategic engagement with one of Europe's leading energy companies.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Etteplan competitors and assessment
Company assessmentDirect peers
- AFRY: AFRY (formerly ÅF) is a Sweden-based engineering, design, and consulting company serving industrial, energy, infrastructure, and mobility clients across the Nordics and Europe. Most direct Nordic-listed engineering services peer to Etteplan, with comparable vertical exposure in manufacturing, energy, and infrastructure.
- Sweco: Sweco is a Sweden-based engineering, design, and consulting firm operating across Northern Europe with strong water, transport, and industrial engineering service lines. Direct Nordic engineering consulting peer to Etteplan's plant engineering and product development services.
- Rejlers: Rejlers is a Nordic engineering consulting and technical services firm serving energy, industry, and infrastructure clients in Sweden, Finland, Norway, and the Baltics. Overlaps closely with Etteplan's Finnish-Swedish engineering services footprint and energy/industrial client base.
- Capgemini Engineering (formerly Altran): Capgemini Engineering is the global engineering services and R&D arm of Capgemini, with deep capabilities in embedded software, mechanical engineering, and systems engineering. Closest global comparator for Etteplan's software/embedded and product development services, especially in automotive and aerospace verticals.
- EDAG: EDAG is a Germany-headquartered engineering services provider specializing in complete vehicle development, production systems, and digital factory solutions for automotive and industrial customers. Comparable to Etteplan's Smart Factory, production solutions, and automotive engineering service lines.
- AKKA Technologies (Modis): AKKA Technologies (now operating as Modis/Akkodis) is a European engineering and digital services provider with strong automotive, aerospace, and industrial customers. Overlaps with Etteplan's embedded software, mechanical engineering, and technical documentation services.
- Bertrandt: Bertrandt is a Germany-based engineering services company focused on mobility, automotive, aerospace, and electronics development. Closely comparable to Etteplan's automotive testing (HIL), embedded systems, and product development services across Europe.
- Sigma Industry Group: Sigma Industry Group is a Sweden-based specialist supplier of embedded and industrial software/electronics design services. Direct Nordic peer to Etteplan's software and embedded service line, particularly for product design and embedded solutions.
Broad incumbents
- Bosch Engineering: Bosch Engineering is the engineering services and customer-specific development arm of Robert Bosch, covering automotive, off-highway, and industrial solutions globally. Broad incumbent with overlapping product engineering, embedded, and testing capabilities, but operating within a much larger parent portfolio.
- Siemens Digital Industries: Siemens Digital Industries (Siemens DI) provides automation, digital twin, and industrial software/services for discrete and process industries. Broad incumbent serving Etteplan's plant engineering, digital twin, and Smart Factory customer base but with vastly larger scale and a product-centric model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Etteplan social profiles
Digital presenceEtteplan financial estimates
Financial estimateRevenue estimate
Valuation estimate
Etteplan leadership team
Management profileNumber of profiles
Profiles7 records
Etteplan subsidiaries and ownership
Company hierarchySubsidiaries7 records
Etteplan funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Etteplan M&A and investment
M&A and investmentM&A17 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Etteplan
What does Etteplan do?
Etteplan is a Finnish engineering services company that delivers product development, plant engineering, software and embedded solutions, technical communication, and accredited testing services to industrial manufacturers worldwide. The company also sells proprietary digital products including the Etteplan rAIse industrial AI platform, the HowTo suite for digital technical communication, HyperSTE structured content platform, Etteplan AIM for asset information management, and specialized fiber-optic flex circuit production technology. Services are delivered through offices across Finland, Sweden, the Netherlands, Germany, Poland, Denmark, China, and the United States.
Is Etteplan a public or private company?
Etteplan is a public company. It is classified as public and is currently operating.
When was Etteplan founded?
Etteplan was founded in 1983. It employs 1,001 to 5,000 people.
Where is Etteplan based?
Etteplan is headquartered in Vantaa, Finland, in the Europe region.
How does Etteplan make money?
One revenue line is on record: professional Engineering Services.
Who are Etteplan's main competitors?
Direct peers on record are AFRY, Sweco, Rejlers, Capgemini Engineering (formerly Altran), EDAG, AKKA Technologies (Modis), Bertrandt and Sigma Industry Group. Broad incumbents are Bosch Engineering and Siemens Digital Industries.
Does Etteplan have an API?
No public API is recorded for Etteplan.
What industry is Etteplan in?
Etteplan's product category is Industrial Engineering Services. Its primary akta.pro industry code is BPAHAEAB, Enterprise Architecture & IT Operating Model, with a secondary code of BPAHAEAL, Emerging Tech (IoT, Blockchain, AR/VR, Edge) Consulting. Its NAICS code is 54133 and its SIC code is 7371.