Hnit Engineering
Hnit Engineering is a Reykjavik-based civil engineering consultancy, founded 1970, offering road design, structural engineering, surveying, construction supervision, and HVAC/geotechnical services to Icelandic government, municipal, and state-owned clients. It became part of Artelia Group in March 2025.
- Company typePrivate
- Founded1970
- HeadquartersReykjavík, Iceland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Hnit Engineering does
Hnit Engineering (legal name Hnit Artelia hf.) is a Reykjavik-headquartered civil engineering consulting firm founded in 1970, providing project-based professional services across road and highway design, structural engineering, land surveying, HVAC and electrical systems design, geotechnical engineering, and construction supervision. The firm serves primarily Icelandic government agencies, state-owned enterprises, and municipal authorities — including the City of Reykjavik, the Icelandic Road and Coastal Administration (Vegagerdin), the National Power Company (Landsvirkjun), the Port of Reykjavik, and Reykjavik Energy — with most clients having retained the firm for multiple decades. Technical delivery relies on industry-standard engineering software (Novapoint, AutoCAD, Civil3D, Revit, SAP-2000, SoundPlan, Trimble Business Center) supplemented by proprietary in-house coordinate-transformation tooling and drone-based surveying for inspection and volumetric work.
The firm operates a project-based consulting revenue model, with most engagements originating through Icelandic public procurement tenders; pricing is not publicly disclosed. The company holds ISO 9001 certification (since 2005) and IST-85 equal pay certification (since 2020), credentials typically required for Icelandic public-sector bids. In March 2025, Hnit became a subsidiary of Artelia Group — a top-tier European engineering consultancy with ~10,000 employees and over €1.15 billion in annual revenue — and now operates within Artelia Nordics, with the existing management, staff, and service portfolio retained.
Hnit Engineering firmographics
Firmographics- Name
- Hnit Engineering
- Legal name
- Hnit Artelia hf.
- Website
- https://hnit.is
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Hnit Engineering is a Reykjavik-based civil engineering consultancy, founded 1970, offering road design, structural engineering, surveying, construction supervision, and HVAC/geotechnical services to Icelandic government, municipal, and state-owned clients. It became part of Artelia Group in March 2025.
- Ownership category
- akta.pro rank
Hnit Engineering industry classification
Industry- Product category
- Civil Engineering Consulting
- NAICS
- Engineering Services (541330)
- SIC
- Services-Engineering Services (8711)
- akta.pro primary industry
- Civil & Structural Engineering Consulting (BPAHAIAA)
- akta.pro secondary industry
- Construction Management (Agency/Owner’s Rep) (IMAFAAAC)
Keywords
Where Hnit Engineering is headquartered
LocationHeadquarters
- HQ city
- Reykjavík
- HQ country
- Iceland
- HQ region
- Europe
Offices1 record
Markets served
Hnit Engineering business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Engineering Consulting Services: Professional consulting services in civil engineering including road design, structural engineering, land surveying, HVAC design, construction supervision, and project management. Revenue is generated through project-based consulting engagements, typically obtained through public procurement.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Hnit Engineering product offering
Product offeringCore offering
Hnit Artelia is an Icelandic civil engineering consulting firm offering comprehensive engineering services across four main divisions: road and transport design (including highways, urban streets, and tunnels), building design (structural, HVAC, electrical, and geotechnical), construction supervision and project management, and land surveying (including GPS, drone-based, and high-precision surveying). Services are delivered to government agencies, municipal authorities, state-owned enterprises, and private clients across Iceland, primarily obtained through public procurement tenders. From March 2025, the firm operates as a subsidiary of Artelia Group, one of Europe's largest engineering consultancies.
Product overview
Hnit Artelia is an engineering consulting firm offering comprehensive civil engineering services across multiple disciplines. The company provides a unified portfolio of consulting services organized into four main divisions: Construction Supervision (framkvæmdaeftirlit), Road and Transport Design (samgöngur), Building Design (byggingar), and Surveying (mælingar). These services are offered as integrated consulting packages rather than standalone software products. The company uses industry-standard engineering software tools (AutoCAD, Civil3D, Revit, Novapoint, SAP-2000) to deliver their engineering services. From March 2025, Hnit Artelia became part of Artelia Group, one of Europe's largest engineering consultancies.
Differentiator
Problem solved
Functional benefit
Products and services
- Construction Supervision Construction supervision, planning, and project management services including oversight of civil works, project management, and scheduling for building and infrastructure projects.
- Road and Highway Design
Quantifiable outcome
- Designed Reykjanesbraut highway doubling between Hafnarfjordur and Njardvik: 23 km
- +3 more outcomes
Companies that use Hnit Engineering
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Hnit Engineering technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Hnit Engineering partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship, core and minor.
- Artelia GroupflagshipFrom March 2025, Hnit verkfraedistofa became part of Artelia Group, one of Europe's largest engineering firms with approximately 10,000 employees and annual revenue over 1.15 billion EUR. Hnit joins Artelia Nordics division. The company maintains its structure, staff, management and services while gaining access to broader expertise and larger projects.
- MOE (Engineering Firm)coreCollaboration on the Borgarlina (City Line) public transit project in Reykjavik. Artelia Group leads the project in cooperation with MOE and Hnit.
- Landslag (Landscape Architecture)minorCollaboration with landscape architecture firm on Vogabyggd and other urban development projects.
- SwecocorePartnership with Sweco on environmental impact assessment for Urriðafossvirkjun hydroelectric project in Thjorsa river for Landsvirkjun. Hnit led project management and coordination while Sweco contributed specialized expertise.
- Yrki arkitektaminorArchitectural partnership on various building projects including Aegisgard commercial buildings and Borgarlina transit project.
- THG ArchitectsminorCollaboration with THG architects on Reykjavik Konsulat Hotel project, where Hnit provided engineering design and THG provided architectural services.
- Gottlieb Paludan ArchitectscoreCollaboration on Borgarlina project as part of the international engineering team led by Artelia Group, working with architectural firms Gottlieb Paludan and Yrki arkitekta.
Scale indicators4 records
Recent moves12 records
Expansion highlights5 records
Hnit Engineering competitors and assessment
Company assessmentBroad incumbents
- COWI: Large Danish-rooted engineering consultancy with deep Nordic presence, covering bridges, tunnels, highways, environment and energy. A broader incumbent that competes for the same large Icelandic and Nordic infrastructure programs Hnit bids on.
- Norconsult: Norway's largest engineering consultancy with broad Nordic operations across infrastructure, energy, buildings and environment. A broader incumbent that increasingly competes with Artelia Nordics — including Hnit — for combined Nordic tenders.
- WSP: Global engineering professional services firm with strong Nordic operations in transport, environment, buildings and energy. A broader incumbent whose Nordic division competes with Hnit for larger infrastructure programs in Iceland and across the Nordics.
- Ramboll: Major Denmark-based international engineering, design and consultancy firm with strong Nordic infrastructure, energy and environment practices. Overlaps with Hnit's service portfolio at the larger-project end of the Icelandic and Nordic market.
Others
- Artelia Group: France-headquartered international engineering group (~10,000 employees, €1.15B+ revenue) that acquired Hnit in March 2025. Included as the parent/ecosystem peer — Hnit's strategic direction and project pipeline now flow through Artelia Nordics.
Direct peers
- Sweco: Sweden-headquartered, pan-Nordic engineering consultancy with extensive operations across infrastructure, water, environment and energy. Already a partner to Hnit on the Urriðafossvirkjun EIA, and competes for Nordic infrastructure mandates that may also flow through Artelia Nordics.
- Multiconsult: Norwegian engineering consultancy focused on infrastructure, energy, environment and buildings. Directly comparable to Hnit in scope (road design, structural, surveying, construction supervision) and is a Nordic-region peer for infrastructure mandates.
- EFLA Consulting Engineers: Icelandic multidisciplinary engineering firm offering design, consulting and project management across transport, energy, environment and buildings. Comparable in service breadth and target customer base (Icelandic government, municipalities, energy sector) to Hnit.
- Mannvit: Iceland's largest engineering consulting firm, providing civil, structural, environmental and energy engineering. The closest direct domestic competitor to Hnit, competing for the same Icelandic government, municipal and energy-sector infrastructure tenders.
- Verkís: Major Icelandic engineering consultancy offering consulting, design and project management across infrastructure, energy and buildings. Direct competitor to Hnit on Icelandic road, structural, HVAC and hydropower mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Hnit Engineering social profiles
Digital presenceHnit Engineering financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hnit Engineering leadership team
Management profileNumber of profiles
Profiles6 records
Hnit Engineering funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hnit Engineering M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hnit Engineering
What does Hnit Engineering do?
Hnit Artelia is an Icelandic civil engineering consulting firm offering comprehensive engineering services across four main divisions: road and transport design (including highways, urban streets, and tunnels), building design (structural, HVAC, electrical, and geotechnical), construction supervision and project management, and land surveying (including GPS, drone-based, and high-precision surveying). Services are delivered to government agencies, municipal authorities, state-owned enterprises, and private clients across Iceland, primarily obtained through public procurement tenders. From March 2025, the firm operates as a subsidiary of Artelia Group, one of Europe's largest engineering consultancies.
Is Hnit Engineering a public or private company?
Hnit Engineering is a private company. It is classified as corporate owned and is currently operating.
When was Hnit Engineering founded?
Hnit Engineering was founded in 1970. It employs 11 to 50 people.
Where is Hnit Engineering based?
Hnit Engineering is headquartered in Reykjavík, Iceland, in the Europe region.
How does Hnit Engineering make money?
One revenue line is on record: engineering Consulting Services.
Who are Hnit Engineering's main competitors?
Broad incumbents on record are COWI, Norconsult, WSP and Ramboll. Artelia Group is listed as an others. Direct peers are Sweco, Multiconsult, EFLA Consulting Engineers, Mannvit and Verkís.
Does Hnit Engineering have an API?
No public API is recorded for Hnit Engineering.
What industry is Hnit Engineering in?
Hnit Engineering's product category is Civil Engineering Consulting. Its primary akta.pro industry code is BPAHAIAA, Civil & Structural Engineering Consulting, with a secondary code of IMAFAAAC, Construction Management (Agency/Owner’s Rep). Its NAICS code is 541330 and its SIC code is 8711.