NetNordic lifts FY revenue to NOK 1 bln

Scandinavian systems integrator NetNordic says 2017 was a record year, when it reached the milestone of NOK 1 billion in revenue. Last year, it acquired Intelecom Group, Mobile Intelligent Group and West Telecom, strengthening its market relevance, capacity and competitiveness, it said. Customers have given positive feedback regarding its ability to provide more relevant services.

Norvestor VII, a fund managed by Norvestor Equity, owns approximately 75 percent of the shares in NetNordic,