What North Projects Group AB does

North Projects Group AB is a Swedish charging infrastructure (laddinfrastruktur) solutions provider focused exclusively on the electric vehicle charging market in Sweden. Founded in 2016 and headquartered in Sweden, the company built a bundled offering spanning charging station installation, ongoing operations, service and maintenance, and payment solutions/cloud services for EV charging assets. At the time of its acquisition by Transtema Group AB (publ) on July 1, 2022, North Projects employed 12 people and generated approximately 30 Mkr (~SEK 30 million) in revenue for fiscal year 2021, reflecting a small but operationally focused services firm addressing a fast-growing Swedish EV infrastructure market.

The company's commercial model is enterprise field sales, delivering comprehensive charging-as-a-service style solutions rather than hardware-only sales. Transtema cited its own nationwide installation and service organization as the principal distribution enabler, allowing North Projects to offer charging stations and associated services to new and existing customers across Sweden. The company holds no disclosed patents, trademarks, certifications, or awards, and operates as a wholly-owned subsidiary of Transtema alongside North Projects Solutions AB, retaining CEO Marcus Andersson and the existing management team post-acquisition.

Financially, Transtema noted that the deal had limited immediate impact due to North Projects' small revenue base, but was expected to deliver material long-term contribution as the parent group's nationwide footprint accelerated scaling in laddinfrastruktur. No subsequent revenue figures, headcount updates, or product roadmap details have been disclosed in the available sources, leaving post-acquisition operating performance an open question. Customer concentration is undisclosed; no named enterprise logos, contract values, or retention metrics appear in the source material.

Name

North Projects Group AB

Legal name

North Projects Group AB

Website

https://northprojects.se

Company type

Private

Founded year

2016

Operating status

Acquired

Headcount range

1–10 employees

Short description

North Projects Group AB is a Swedish EV charging infrastructure services firm offering installation, operations, maintenance and payment/cloud solutions for charging stations. Founded in 2016 and now a wholly-owned subsidiary of Nasdaq Stockholm-listed Transtema Group AB.

Ownership category

akta.pro rank

Product category

EV Charging Infrastructure Services

SIC

Electrical Work (1731)

akta.pro primary industry

Traffic Engineering, Wayfinding & Curb/Loading Zone Management (EDALAKAK)

akta.pro secondary industries

EV Charging Equipment Installation & Commissioning (AC/DC, Depot/Fleet) (TLAKAMAE), EV Charging Operations & Parking-Lot Electrification Management (BPABAKAK), EV Charging Network Management & Software Services (CPMS, Monitoring, Billing) (TLAKAMAG), EV Charging Payment & Reimbursement Programs (Public/Depot Charging) (TLABAMAK)

Keywords

• EV charging infrastructure
• Charging station installation
• Electric vehicle services
• Charging network maintenance
• EV payment solutions

Headquarters

HQ city

Backa

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Charging Infrastructure Services: North Projects provides installation, operation, service, maintenance, and payment solutions/cloud services for charging infrastructure. Revenue generated from these service offerings was approximately 30 Mkr in 2021.

Go-to-market motion1 record

Distribution channels1 record

Core offering

North Projects Group AB provides comprehensive electric vehicle (EV) charging infrastructure services in Sweden, including installation of charging stations, ongoing operations and service, maintenance, and cloud-based payment solutions. The company serves as a specialist charging infrastructure partner, delivering end-to-end charging station deployment and lifecycle services to enterprise and public-sector customers nationwide.

Product overview

North Projects Group AB is a charging infrastructure (laddinfrastruktur) solutions provider offering a comprehensive portfolio of services including installation, operations, service and maintenance, as well as payment solutions and cloud services for charging stations. The company focused specifically on the rapidly growing charging infrastructure market and was acquired by Transtema Group AB in July 2022.

Differentiator

Problem solved

Functional benefit

Products and services

• Charging Infrastructure Installation
• Operations, Service and Maintenance
• Payment Solutions and Cloud Services

Quantifiable outcome

• Fast-growing charging infrastructure market presence with nationwide expansion capability through Transtema

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Transtema Group ABcoreStrategic or Co-development Partner · 1 July 2022Transtema Group AB acquired 100% of North Projects Group AB and North Projects Solutions AB on July 1, 2022. The acquisition strengthens Transtema's commitment to charging infrastructure where there is significant existing and future demand for operations and service. North Projects will continue to be operated by CEO Marcus Andersson and the existing management team. Transtema's nationwide organization enables faster expansion within the charging infrastructure market for North Projects.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Zaptec: Norwegian-headquartered provider of EV charging hardware and cloud services for homes, businesses, and larger installations. Closely comparable to North Projects as a Nordic full-stack EV charging specialist operating across hardware/installation/software, serving similar enterprise and residential customers in overlapping geographies.
• Easee: Norwegian EV charging hardware and operating-system provider with strong Nordic presence. Comparable to North Projects as a regional specialist focused on charging infrastructure hardware plus cloud services for installers and end customers.
• Charge Amps: Swedish EV charging hardware and cloud-platform company offering connected chargers and software for residential, commercial, and fleet use. Direct Swedish peer to North Projects, competing in the same charging infrastructure segment with overlapping customers in Sweden.
• DEFA: Norwegian e-mobility provider offering EV charging hardware, cabling, and related services across the Nordics. Comparable to North Projects as a Nordic full-service EV charging solutions provider serving similar enterprise and consumer customers.

Broad incumbents

• Schneider Electric (EVlink): Global energy management and automation major with an EVlink portfolio covering EV charging hardware, software, and services. Comparable broad incumbent in charging infrastructure, competing for the same enterprise and utility customers as North Projects.
• ABB E-mobility: Global provider of EV charging hardware, software, and services for AC and DC charging. Broad incumbent in the same EV charging infrastructure space as North Projects, with overlapping service offerings but at a much larger industrial scale.
• Vattenfall InCharge: EV charging network and service operated by Swedish utility Vattenfall, offering public and private charging solutions across the Nordics. Broader incumbent in the same Swedish/Nordic market as North Projects, with much greater scale and vertically integrated energy supply.
• Fortum (now Virta): Nordic-headquartered EV charging platform and operator (Virta) serving utilities, fleets, and retail across Europe. Comparable as a Nordic-rooted broad incumbent offering charging software, operations, and energy services, but at significantly larger scale than North Projects.

Emerging players

• Alfen: Dutch EV charging hardware and grid solutions provider serving European utilities, installers, and end customers. Emerging player with meaningful overlap on charging infrastructure equipment and energy management software, comparable to North Projects' hardware-adjacent service scope.

Regional players

• IONITY: European high-power charging (HPC) network joint venture of major automakers focused on highway-corridor fast charging across Europe. Comparable as an EV charging infrastructure operator in Europe, but primarily focused on long-distance DC fast charging rather than North Projects' mixed AC/service offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about North Projects Group AB