Nordea Funds

BW Group is a global maritime conglomerate with a diversified portfolio spanning over 80 years. It specializes in transporting oil and gas, owning and operating floating infrastructure, and engaging in deepwater production. BW's fleet comprises over 150 vessels, including crude oil tankers, LNG and LPG carriers, FSRUs, chemical tankers, and FPSOs. The group also invests in environmentally friendly technologies through BW Ventures, focusing on battery energy storage systems. BW Group employs over 4,500 people and has a significant presence in countries like Singapore, Norway, and China. It manages one of the world's largest independently-owned and operated fleets of gas carriers and FPSO vessels. The company prioritizes health, safety, environmental protection, and asset preservation in its operations.

Xplora Technologies AS is a Norwegian company that specializes in the development and retail of children's smartwatches and related wearable technology. Founded with the goal of providing children with a safe introduction to the digital world, Xplora aims to promote a healthy balance between screen time and physical activity. The company offers a range of products, including kids' watches, senior watches, speakers, cameras, chargers, and various accessories. Its primary revenue streams come from the sales of smart devices, both connected and non-connected, as well as recurring revenues from connectivity and value-added services. Xplora operates mainly in key European markets, with Germany being its largest source of revenue.

Veidekke ASA is a prominent construction and property development firm based in Scandinavia. The company engages in a wide range of activities, including the construction of residential and non-residential buildings, civil engineering projects, and infrastructure developments. It operates through six segments: Construction Norway, which focuses on apartment complexes and commercial buildings; Infrastructure Norway, covering road maintenance, railways, and airports; Construction Sweden, which involves residential units, offices, and cultural institutions; Infrastructure Sweden, focusing on energy, heavy industry, and recycling facilities; and operations in Denmark. Veidekke is committed to delivering high-quality construction services while emphasizing sustainability and innovation in its projects.

Vitec Software Group is a software company based in the Nordic region that specializes in developing industry-specific business systems. The company provides tailored software solutions for various sectors, including pharmaceuticals, automotive, banking, insurance, healthcare, real estate, and education. Vitec's offerings are designed to support customers in managing their operations more effectively and profitably. The company's diverse segments, which include Auto, Energy, Real Estate, Finance and Insurance, Environment, Estate Agents, and Education and Health, reflect its commitment to addressing the unique needs of different industries.

RELEX Solutions offers an integrated retail and supply chain planning system that enhances business performance globally. Through precise demand forecasting, automated replenishment, space planning optimization, and assortment management, RELEX empowers businesses to plan effectively, increase sales, and minimize waste despite market fluctuations. Its agile technology adapts to evolving operations, serving both fast-growing challengers and multinational corporations. RELEX builds strong partnerships with customers such as WHSmith, Morrisons, AO.com, Coop Denmark, Rossmann, and ParknShop, and maintains offices across North America and Europe.

Helen sell electricity to about 450,000 customers and heat more than 90 percent of Helsinki's properties with district heating.

Founded in 2019, EvoluteIQ develops intelligent process automation software. Its platform integrates process orchestration, data processing, AI/ML, enterprise connectivity, and low-code application development to create seamless user journeys.

DataCrunch.io is a new cloud service provider that focuses on providing its own machine-learning infrastructure. It provides GPU-accelerated virtual machines and bare metal servers for machine learning that are simple to manage and deploy.

Swedish Logistic Property is a real estate company that specializes in the acquisition, development, and management of logistics properties throughout Sweden. The company focuses on creating modern, energy-efficient logistics solutions tailored to the needs of diverse businesses. Its portfolio features strategically located properties that enhance logistics and supply chain operations. In addition to managing existing facilities, Swedish Logistic Property is actively involved in acquiring and developing new properties to expand its presence in the logistics real estate market. The company's commitment to sustainability is reflected in its construction practices and the operation of its logistics facilities, ensuring environmentally responsible development.

ITAB Shop Concept is a Sweden-based company that specializes in the development, manufacture, and installation of comprehensive shop fitting concepts for retail chain stores. With production facilities in Europe and China, the company operates across various countries, offering customized solutions that enhance the shopping environment. ITAB provides a range of products, including tailored shop concepts, checkout solutions, and professional lighting systems. By employing a project management approach, ITAB Shop Concept delivers all-inclusive solutions that cover the entire process from design to installation. The majority of the company's revenue is generated from its operations in Europe.

ITAB Shop Concept is a Sweden-based company that specializes in the development, manufacture, and installation of comprehensive shop fitting concepts for retail chain stores. With production facilities in Europe and China, the company operates across various countries, offering customized solutions that enhance the shopping environment. ITAB provides a range of products, including tailored shop concepts, checkout solutions, and professional lighting systems. By employing a project management approach, ITAB Shop Concept delivers all-inclusive solutions that cover the entire process from design to installation. The majority of the company's revenue is generated from its operations in Europe.

Humble Group is a Swedish foodtech and fast-moving consumer goods (FMCG) company focused on capitalizing on emerging trends in sustainability, health, and veganism. The organization aims to enhance product and brand potential through various business units, including brands, distribution, manufacturing, and ingredients, as well as research and development. Humble Group is dedicated to driving organic growth and pursuing acquisitions within the foodtech sector. Its innovative technical solutions enable the creation of new formulations and recipes that improve the taste and consistency of sustainable, sugar-reduced, and vegan products, positioning the company as a key player in the future of consumer goods.

Danske Bank - Norwegian personal customer and private banking business is a unit of Danske Bank.

Peab is a Swedish construction company specializing in total quality management throughout the construction process. Its primary focus lies in building offices, housing, transportation infrastructure, commercial properties, and related projects across four business areas: Construction, Civil Engineering, Industry, and Project Development.

Brim produces food from fresh seafood in harmony with society and the environment. They use the latest technology to increase the utilization of the catch and to ensure the safety and well-being of the staff. It has an integrated operation of fishing, processing, and marketing that promotes more efficient production and ensures an unrestricted path of the catch to the buyer.

Salmon Evolution AS is a land-based salmon farming company headquartered in Molde, Norway. Founded in 2017, the company utilizes hybrid flow-through technology to capitalize on optimal conditions for raising salmon. Its production facility is located in Indre Harøy, offering access to a skilled workforce, established infrastructure, renewable energy, and a continuous supply of fresh seawater. Salmon Evolution focuses on the sustainable production of high-quality salmon, ensuring the health and growth of the fish while minimizing environmental impact. The company operates through two reportable segments: Farming Norway, which encompasses various subsidiaries, and Other, which includes revenue and costs not directly tied to the farming activities.

Advinans is a cloud-based financial platform specializing in occupational pension administration. The company utilizes modern technology to streamline the pension management process, enhancing transparency and simplifying administration for both employers and employees. Advinans ensures that employees are well-informed about their benefits and helps them maximize their pensions while avoiding unnecessary fees. In addition to pension services, the company provides advisory and money management solutions, digital investment guidance, and insurance advice. Through regular platform updates and dedicated customer service, Advinans aims to support organizations in making informed financial decisions for their workforce.

Mycronic AB is a Swedish high-tech company specializing in the development, manufacture, and marketing of production equipment for the electronics industry. Headquartered in Täby, north of Stockholm, Mycronic operates through four main segments. The Pattern Generators segment focuses on creating mask writers and measuring machines for photomask production used in displays. The High Flex division offers surface mount technology (SMT) and inspection equipment, targeting flexible manufacturing markets primarily in Europe and the United States. The High Volume division provides equipment for dispensing and conformal coating of circuit boards, catering to high-volume markets in Asia. Additionally, the Global Technologies division delivers comprehensive production solutions, enhancing the operational efficiency of electronics manufacturing. Mycronic maintains a global presence with subsidiaries in multiple countries, including China, France, Germany, Japan, Singapore, South Korea, the Netherlands, the United Kingdom, and the United States.

Quizrr AB is a Stockholm-based company, founded in 2013, that specializes in digital training solutions aimed at educating employees on essential workplace topics such as responsibilities, safety and health, workplace dialogue, and wage management. Through its web portal, QuizRR enables users to engage in training sessions at their convenience, while also providing tools to measure and share training outcomes. The company operates additional offices in China, Bangladesh, and Hong Kong, highlighting its commitment to addressing the widespread lack of awareness regarding employees' rights and ensuring compliance with international conventions and national regulations on employment standards and sustainability.

Lygg is a smart mobility platform that aims to enhance the travel experience by providing innovative solutions for air travel. The company operates a travel platform designed to transform the flying experience by creating dynamic routing and aggregating customers' travel needs. Lygg offers private flights at prices comparable to commercial flights, leveraging smaller local airports to reduce travel time. Additionally, the platform focuses on enabling businesses to adopt emission-free travel options in the near future by utilizing electric flying technology. Through these initiatives, Lygg seeks to address the challenges of travel connectivity and promote sustainable mobility solutions.

Statzon is a subscription-based market intelligence platform that delivers comprehensive market reports and insights from a wide range of trusted sources. It specializes in providing technology companies with reliable and up-to-date industry statistics and forecasts, allowing them to make informed, data-driven business decisions. The platform features millions of market reports, datasets, and insights across various topics and industries, all accessible in one location. Statzon is utilized by over 1,200 organizations, emphasizing its role as a valuable resource for strategic planning and analysis in the fast-paced business environment.

Get It Done Now operates an online marketplace connecting customers with professionals for various home services. The platform facilitates secure, cashless transactions, enabling users to book services such as locksmiths, electricians, and painters.

Founded in Norway and Sweden in 2016, Tibber is a digital electricity supplier offering smart solutions to minimize customers' consumption and costs. It provides renewable energy at fair prices, real-time analytics via its app, and compatibility with various smart home devices. Tibber aims to reduce residential electricity consumption by 20% across Europe.

Cobase is a technology company based in Mountain View, California, that operates a multi-bank platform designed to streamline access to various bank accounts and financial services. Founded in 2012, the platform serves as a centralized hub for small to medium-sized businesses, offering features such as a central payment hub, cash management, and treasury modules. By consolidating connections to multiple banks and financial service providers, Cobase enhances financial and operational efficiency for its users. The platform enables centralized management of users and authorization schemes across different subsidiaries or departments, simplifying security by requiring only one security token per user. Cobase aims to provide relevant and practical resources to business owners, facilitating better management of their financial operations.

Stillfront Group is an independent creator, publisher, and distributor of digital games, aspiring to be one of Europe’s leading indie game developers. The company operates through several near-autonomous subsidiaries, including Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, and Dorado Online Games in Malta. Focused on the free-to-play segment, Stillfront boasts a diverse portfolio of games designed for longevity and user engagement. Its main markets include the United States, Germany, Sweden, and South America, with additional reach in the MENA region. The group also encompasses notable game studios such as Goodgame Studios, Storm8, and Babil Games, contributing to its extensive global distribution network.

SG Finans AS is a financial services company specializing in equipment leasing and factoring, primarily serving private enterprises and the public sector in Norway, Sweden, and Denmark. Founded in 2004 and based in Lysaker, Norway, the company offers a wide range of leasing solutions for various types of equipment, including agricultural, construction, transport, technology, production, workshop, lifting devices, forestry machinery, and aquaculture equipment. In addition to leasing, SG Finans provides diverse factoring services such as ordinary and block factoring, currency factoring, inventory financing, and both export/import and web factoring. The company, previously known as Elcon Finans AS, adopted its current name in August 2004 and operates as a subsidiary of Nordea Bank Abp.

Toristy is a SaaS company that enhances the visibility of tours, activities, and holiday experiences for tourists. It achieves this by creating embedded marketplaces in minutes for distributor companies such as airlines, ferries, trains, hotels, and destination management companies (DMCs). These marketplaces enable distributors to offer curated travel products and services directly through their websites, helping them generate new revenue streams.

Enfuce is a European fintech company specializing in payment processing. It offers debit, prepaid, and credit card solutions, serving traditional banks, neobanks, and fintechs across Europe and globally. Enfuce's cloud-based platform provides open banking, issuing and acquiring services, strong customer authentication, and back-office support.

Tink AB, founded in 2012 and based in Stockholm, Sweden, operates as a cloud-based open banking platform that supports the development of data-driven financial services. The company's offerings include account aggregation, payment initiation, and personal finance management tools, which can be integrated into existing banking applications or used as standalone services. Tink's mobile application enables users to manage their finances across multiple bank accounts, facilitate money transfers, pay bills, and set personal budgets. The platform also provides valuable insights through automatic transaction categorization and daily spending analyses. Tink collaborates with various financial institutions, including notable partners like ABN AMRO, BNP Paribas Fortis, Nordea, Klarna, and SEB, to enhance the financial services landscape.

Get It Done Now operates an online marketplace connecting customers with professionals for various home services. The platform facilitates secure, cashless transactions, enabling users to book services such as locksmiths, electricians, and painters.

Gjensidige Sverige is a Norwegian insurance company that specializes in providing a range of general insurance products and financial services to both individuals and businesses. Established in 1922 and headquartered in Oslo, the company offers various insurance solutions, including coverage for vehicles, homes, contents, boats, animals, and travel. Additionally, Gjensidige Sverige provides pension and savings products, as well as health care services, ensuring clients receive appropriate insurance coverage tailored to their specific needs. The company focuses on delivering comprehensive services that help customers effectively manage their risks and financial well-being.

Subaio is a Danish company founded in 2016 in Aalborg by Thomas Kjølby Laursen and Brian Jørgensen, specializing in financial software that enhances the management of subscription services. The company develops white-label solutions designed for banks and fintech companies, providing insights into recurring payments and enabling customers to monitor and manage their subscriptions effectively. By offering tools that help users identify and cancel unwanted subscriptions, Subaio empowers consumers to make informed financial decisions, ultimately fostering customer satisfaction and retention for financial institutions. Through its services, Subaio aims to simplify the complexities of subscription management and improve spending oversight for individuals.

TactoTek develops and licenses Injection-Molded Structural Electronics (IMSE®) technologies. It enables global manufacturers to integrate circuits into plastic parts, creating smart interactive surfaces for automotive, aviation, connected home, industrial control, and medical industries.

Betalo AB, founded in 2011 and based in Stockholm, Sweden, specializes in developing a user-friendly mobile payment application. The company aims to simplify everyday financial transactions for its users by leveraging modern technology and reducing overhead costs. By prioritizing transparency and fairness, Betalo seeks to provide accessible and affordable banking services. Its team, equipped with extensive technical and financial expertise, focuses on creating a secure and intuitive experience for users. Betalo believes that innovative technology and thoughtful design can enhance everyday banking, making financial services available to a broader audience. The company's vision includes breaking down barriers in financial services to facilitate connections among people.

EatAndTheCity Oy operates a restaurant discovery platform that enables users to find and book dining experiences. Based in Helsinki, Finland, with additional offices in Kerava, Tallinn, Berlin, and London, the company fosters a digital community where food enthusiasts can share reviews and curate lists of their favorite restaurants. The platform assists chefs and restaurant owners by facilitating reservations, offering gift certificates, and providing updated menu information. It also collaborates with content partners, including media companies and food bloggers, to enhance local restaurant communities through expert reviews and recommendations. Founded in 2015, EatAndTheCity aids media organizations in monetizing their content while strengthening connections with local audiences, thus creating new revenue opportunities for its partners.

Tink AB, founded in 2012 and based in Stockholm, Sweden, operates as a cloud-based open banking platform that supports the development of data-driven financial services. The company's offerings include account aggregation, payment initiation, and personal finance management tools, which can be integrated into existing banking applications or used as standalone services. Tink's mobile application enables users to manage their finances across multiple bank accounts, facilitate money transfers, pay bills, and set personal budgets. The platform also provides valuable insights through automatic transaction categorization and daily spending analyses. Tink collaborates with various financial institutions, including notable partners like ABN AMRO, BNP Paribas Fortis, Nordea, Klarna, and SEB, to enhance the financial services landscape.

Wrapp is a company that redefines customer loyalty and rewards through a personalized approach. By connecting to users' payment cards, Wrapp analyzes their transaction data to understand individual buying behaviors. This enables the company to deliver relevant rewards from brands that align with users' interests, effectively enhancing the customer experience. Wrapp focuses on cashback returns, ensuring that the rewards provided are meaningful and practical for consumers. Additionally, Wrapp offers a social gifting service that allows users to celebrate their friends, further emphasizing its commitment to fostering meaningful connections and experiences. Through these innovative services, Wrapp aims to transform the landscape of consumer rewards and marketing.

Motorious Entertainment Oy, founded in early 2015 and based in Helsinki, Finland, specializes in the development and publishing of mobile games. The company is dedicated to creating engaging and addictive gaming experiences primarily for mobile devices, leveraging its team's extensive background in AAA game development and media. Motorious has formed a licensing agreement with the BBC to produce and distribute a series of mobile games that incorporate lifestyle themes, humor, and epic challenges tailored to their target audience. With a focus on branded content, the games developed by Motorious are accessible on major platforms such as app stores and Google Play, allowing users to play and compete with others.

Connected Finland Oy is a pioneering low power wide area Internet of Things (IoT) connectivity network operator based in Espoo, Finland. Established in 2015, the company specializes in facilitating bidirectional communication between devices while emphasizing energy efficiency. This focus enables the development of connected devices that can operate for years on standard batteries. As the first nationwide IoT operator in Finland, Connected Finland has formed a strong partnership with Sigfox, a leading provider of low power wide area IoT network technology and ecosystem.

Nightingale Health is a global health technology company dedicated to transforming preventive care through innovative blood-testing services. By providing comprehensive health insights, it enables individuals to identify disease risks and assess the impact of lifestyle changes that standard lab tests may overlook. The company's Health Data Platform connects healthcare providers with the preventative health needs of individuals, fostering informed decision-making and encouraging proactive health management. Nightingale Health's approach emphasizes the importance of maintaining health rather than merely addressing illnesses, ultimately contributing to scientific advancements and promoting positive lifestyle changes among users.

Wrapp is a company that redefines customer loyalty and rewards through a personalized approach. By connecting to users' payment cards, Wrapp analyzes their transaction data to understand individual buying behaviors. This enables the company to deliver relevant rewards from brands that align with users' interests, effectively enhancing the customer experience. Wrapp focuses on cashback returns, ensuring that the rewards provided are meaningful and practical for consumers. Additionally, Wrapp offers a social gifting service that allows users to celebrate their friends, further emphasizing its commitment to fostering meaningful connections and experiences. Through these innovative services, Wrapp aims to transform the landscape of consumer rewards and marketing.

TactoTek develops and licenses Injection-Molded Structural Electronics (IMSE®) technologies. It enables global manufacturers to integrate circuits into plastic parts, creating smart interactive surfaces for automotive, aviation, connected home, industrial control, and medical industries.

NCC is a leading construction company specializing in the development of commercial buildings, infrastructure projects, and related services. The company operates through five business areas: NCC Infrastructure, NCC Building Sweden, NCC Building Nordics, NCC Industry, and NCC Property Development. Each segment focuses on specific aspects of the construction and development process, allowing NCC to deliver comprehensive solutions across various project types. With a commitment to quality and innovation, NCC has established itself as a prominent player in the construction industry.

NorSun is a Norwegian company specializing in manufacturing high-performance monocrystalline silicon ingots and wafers for the solar energy industry. With production facilities in Ã…rdal, Norway and Vantaa, Finland, NorSun's annual capacity exceeds 200 MWp. The company supplies leading solar cell manufacturers, focusing on quality and innovation.

Trevise Bank AB is a private banking & wealth management.

PlusGirot is a Swedish-based international transactions bank.

Postgirot Bank is a company that was acquired by Nordea in 2001.

Kjell & Co Elektronik A.B. is a Swedish retailer specializing in home electronics accessories. Founded in 1988 and headquartered in Malmö, the company operates a chain of physical stores across Sweden, in addition to offering its products through online sales channels. Kjell & Co Elektronik A.B. was previously a subsidiary of ICA Gruppen AB. The company is dedicated to providing a wide range of electronic accessories to meet the needs of consumers.

Boliden is a metals company committed to sustainable development, specializing in exploration, mining, smelting, and metals recycling. It operates six mining areas and five smelters across Sweden, Norway, Finland, and Ireland, employing approximately 5,500 people with an annual turnover of around SEK 40 billion. Boliden's primary products are zinc ingots, copper cathodes, lead ingots, and gold/silver granules, serving industrial customers in Europe.

Bang & Olufsen a/s, founded in 1925 in Struer, Denmark, is a distinguished designer and manufacturer of audio and video products. The company specializes in high-quality music systems, loudspeakers, televisions, and multimedia devices that blend technological innovation with striking design. Bang & Olufsen operates an extensive retail network comprising approximately 485 monobranded stores and over 3,300 multi-brand outlets across more than 100 countries. Its products are also available through third-party retail stores and online platforms. In addition to home entertainment solutions, the company leverages its acoustic expertise to produce premium sound systems for the high-end automotive market, enhancing the in-car audio experience. With a strong presence in Europe, the Americas, and Asia-Pacific, Bang & Olufsen continues to set the standard for audio-visual excellence on a global scale.

Navigator Gas operates the world's largest fleet of handysize liquefied gas carriers, specializing in the transportation and distribution of liquefied petroleum gas (LPG), petrochemical gases, and ammonia. The company provides international seaborne transportation and regional distribution services to energy companies, industrial users, and commodity traders. By transporting gases in liquefied form under controlled temperatures and pressures, Navigator Gas significantly reduces their volume, enhancing transportation efficiency. The versatility of its modern fleet, which includes ethylene, semi-refrigerated, and fully-refrigerated vessels, enables the company to offer a comprehensive and competitive range of ocean transportation and coastal distribution solutions. Navigator Gas's operational excellence and the broad capabilities of its fleet position it as a preferred partner for companies in need of handysize liquefied gas transportation solutions. Additionally, the company has a stake in an ethylene export marine terminal in Texas, further supporting its service offerings in the liquefied gas sector.