Smed Engineering
Smed Engineering AS is a privately held Norwegian engineering services and custom metal manufacturer serving heavy-industry customers in Scandinavia. It delivers integrated design, R&D, and steel/metal fabrication from offices in Støren, Norway, with manufacturing in Mostar, Bosnia and Herzegovina.
- Company typePrivate
- Founded2010
- HeadquartersStoreng, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Smed Engineering does
Smed Engineering AS is a privately held Norwegian engineering services and custom metal manufacturer serving heavy-industry customers in Scandinavia and the wider European market. The company is the legal successor of AS Langland & Schei, a Norwegian engineering firm with more than 100 years of industry heritage, and is headquartered in Støren, Norway, with a wholly-owned manufacturing subsidiary, Smed Engineering BH d.o.o., in Mostar, Bosnia and Herzegovina, and a regional office in Sarajevo. Smed Engineering delivers three integrated service lines: Integrated Engineering Services (design, modeling, calculations, and manufacturing drawings), Steel and Metal Fabrication (custom components with Just-In-Time delivery into Scandinavia), and Research and Development (concept-to-finished-product development using computer-aided engineering and virtual prototyping). The company also provides in-house software and PLC programming for industrial automation.
The company serves five primary verticals: maritime, lifting appliances, fish farming and processing, petrochemistry and energy, and process engineering, with named customers including Kongsberg Gruppen, Ulstein Group, and Valmet. Revenue is generated through two models: project-based professional services (engineering, R&D, consulting for companies entering the Balkans) and hardware sales (custom steel and metal products). The operating model is a tightly integrated, relationship-driven direct-sales B2B approach: engineering staff in Norway and the Balkans engage directly with enterprise and mid-market industrial clients, supported by a content-driven website and presence on LinkedIn, Facebook, Instagram, and Vimeo. Smed Engineering is privately held by its leadership team, with no disclosed external institutional ownership, no public listing, and no disclosed funding rounds.
Smed Engineering firmographics
Firmographics- Name
- Smed Engineering
- Legal name
- Smed Engineering AS
- Website
- https://smedengineering.no
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Smed Engineering AS is a privately held Norwegian engineering services and custom metal manufacturer serving heavy-industry customers in Scandinavia. It delivers integrated design, R&D, and steel/metal fabrication from offices in Støren, Norway, with manufacturing in Mostar, Bosnia and Herzegovina.
- Ownership category
- akta.pro rank
Smed Engineering industry classification
Industry- Product category
- Industrial Engineering & Metal Manufacturing
- NAICS
- Other Fabricated Metal Product Manufacturing (3329), Industrial Machinery Manufacturing (3332)
- SIC
- Fabricated Structural Metal Products (3440)
- akta.pro primary industry
- Steel Fabrication & Marine Engineering (Custom Fabrication, Modifications, Conversions) (TLAHAMAH)
Keywords
Where Smed Engineering is headquartered
LocationHeadquarters
- HQ city
- Storeng
- HQ country
- Norway
- HQ region
- Europe
Offices3 records
Markets served
Smed Engineering business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Engineering Services: Comprehensive engineering design, consulting, and outsourcing services including design, modeling, calculations, and manufacturing drawings for various industrial applications.
- Steel and Metal Products Manufacturing: Manufacturing and supply of steel and metal products transported from Balkans to Scandinavia, including custom components, cranes, winches, and lifting equipment.
- Research and Development Services: R&D services from concept to finished product, utilizing advanced engineering tools to enhance both new and existing solutions.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Smed Engineering product offering
Product offeringCore offering
Smed Engineering provides integrated engineering services and manufactures custom steel and metal components for heavy industrial clients. Its offerings span conceptual design, 3D modeling, engineering calculations, manufacturing drawings, precision steel/metal fabrication, and R&D — delivered across maritime, lifting appliances, fish farming, petrochemistry/energy, and process engineering verticals. Production is executed at a wholly owned manufacturing facility in Bosnia and Herzegovina, with finished goods transported to Scandinavian and regional customers.
Product overview
Smed Engineering offers a unified portfolio of engineering services, steel and metal manufacturing, and research and development solutions. The core offerings consist of three integrated service lines: Integrated Engineering Services (providing design, modeling, calculations, and manufacturing drawings), Steel and Metal Fabrication (covering precision manufacturing from design through production with Just-In-Time delivery), and Research and Development (streamlining product development using computer-aided engineering). These services are delivered across five key industry verticals: Maritime Industry, Lifting Appliances, Fish Farming/Processing, Petrochemistry/Energy, and Process Engineering. The company operates manufacturing facilities in the Balkans serving Scandinavian clients.
Differentiator
Problem solved
Functional benefit
Products and services
- Integrated Engineering Services Tailored engineering solutions covering design, 3D modeling, calculations, and manufacturing drawings that transform complex engineering challenges into practical outcomes for industrial clients.
- Steel and Metal Fabrication Custom steel and metal fabrication services managing the entire manufacturing process from initial design to final production, with precision manufacturing and Just-In-Time freight delivery to Scandinavian customers.
- Research and Development Comprehensive R&D services from concept to finished product, leveraging advanced computer-aided engineering to enhance both new and existing solutions with a focus on quality and efficiency.
- Maritime Industry Solutions Custom manufacturing of maritime equipment including cranes, winches, transport units, and piping systems tailored to shipyards and ship equipment suppliers.
- Lifting Appliances Solutions Design and manufacturing of lifting equipment such as cranes, hoists, and rigging systems tailored to specific industry needs, adhering to strict regulatory standards.
- Fish Farming and Processing Industry Solutions Sustainable aquaculture systems and processing facilities for fish farming operations, ensuring high productivity with minimal environmental impact.
- Petrochemistry and Energy Solutions Advanced solutions for petrochemical and energy sectors, including efficient processing systems and facilities for extracting, processing, and transporting petrochemical products.
- Process Engineering Solutions Optimization and innovation of industrial processes including chemical processing, material handling, and production workflows with a focus on efficiency, safety, and sustainability.
Companies that use Smed Engineering
Customer profileNamed customers11 records
Segments7 records
Ideal customer profiles3 records
Smed Engineering technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Smed Engineering partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Smed Engineering BH d.o.o.coreFully owned subsidiary of Smed Engineering AS, operating as the manufacturing and production arm in Bosnia and Herzegovina. Handles steel and metal fabrication with products transported to Scandinavia. Also provides consulting services for companies wishing to establish operations in the Balkans.
Scale indicators1 record
Recent moves5 records
Expansion highlights4 records
Smed Engineering competitors and assessment
Company assessmentBroad incumbents
- Wärtsilä: Finnish technology group serving marine and energy markets with engines, propulsion, and decarbonisation solutions; broad incumbent spanning several of Smed's verticals.
- Aker Solutions: Norwegian engineering, procurement, and fabrication group serving offshore energy and maritime; competes for similar custom metalwork and engineering services contracts.
- Kongsberg Maritime: Subsidiary of Kongsberg Gruppen supplying marine automation, propulsion, and handling equipment; broader maritime-systems incumbent with overlapping engineering and integration capabilities.
Direct peers
- ScaleAQ: Norwegian aquaculture equipment manufacturer (formerly Steinsvik); competes with Smed on customised fish-farming systems and processing facility engineering.
- Ulstein Group: Norwegian designer and shipbuilder of specialised vessels and maritime equipment; direct Nordic peer serving shipyards and offshore operators with similar custom-engineering and fabrication capabilities.
- Brunvoll: Norwegian manufacturer of marine propulsion, manoeuvring, and lifting equipment for commercial vessels; direct competitor in marine cranes, winches, and lifting appliances.
- AKVA Group: Norwegian supplier of aquaculture equipment and technology; competes with Smed in the fish-farming and processing vertical for delivery of processing facility equipment.
- Moen Marin: Norwegian fabricator of cranes, winches, and specialised deck equipment for fishing and offshore vessels; near-twin product set to Smed Engineering's maritime equipment line.
- Havyard Group: Norwegian shipbuilder and maritime equipment supplier focused on offshore wind, fishing, and passenger vessels; similar custom fabrication profile serving Scandinavian maritime clients.
Regional players
- PMH Norway: Norwegian industrial service and manufacturing firm; small-scale Norwegian peer with overlapping custom mechanical and engineering solutions for industrial clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Smed Engineering social profiles
Digital presenceSmed Engineering compliance and trust
Trust signalCompliance1 record
Smed Engineering financial estimates
Financial estimateRevenue estimate
Valuation estimate
Smed Engineering leadership team
Management profileNumber of profiles
Profiles4 records
Smed Engineering subsidiaries and ownership
Company hierarchySubsidiaries1 record
Smed Engineering funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Smed 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 Smed Engineering
What does Smed Engineering do?
Smed Engineering provides integrated engineering services and manufactures custom steel and metal components for heavy industrial clients. Its offerings span conceptual design, 3D modeling, engineering calculations, manufacturing drawings, precision steel/metal fabrication, and R&D — delivered across maritime, lifting appliances, fish farming, petrochemistry/energy, and process engineering verticals. Production is executed at a wholly owned manufacturing facility in Bosnia and Herzegovina, with finished goods transported to Scandinavian and regional customers.
Is Smed Engineering a public or private company?
Smed Engineering is a private company. It is classified as management employee owned and is currently operating.
When was Smed Engineering founded?
Smed Engineering was founded in 2010. It employs 11 to 50 people.
Where is Smed Engineering based?
Smed Engineering is headquartered in Storeng, Norway, in the Europe region.
How does Smed Engineering make money?
Three revenue lines are on record. Engineering Services are the primary driver. The others are steel and Metal Products Manufacturing and research and Development Services.
Who are Smed Engineering's main competitors?
Broad incumbents on record are Wärtsilä, Aker Solutions and Kongsberg Maritime. Direct peers are ScaleAQ, Ulstein Group, Brunvoll, AKVA Group, Moen Marin and Havyard Group. PMH Norway is listed as a regional player.
Does Smed Engineering have an API?
No public API is recorded for Smed Engineering.
What industry is Smed Engineering in?
Smed Engineering's product category is Industrial Engineering & Metal Manufacturing. Its primary akta.pro industry code is TLAHAMAH, Steel Fabrication & Marine Engineering (Custom Fabrication, Modifications, Conversions). Its NAICS code is 3329 and its SIC code is 3440.