Powel develops and delivers business-critical software solutions to an international market.


Subsidiary since






Revenue (MNOK)



Based on customer collaboration, automation and efficiency improvement, Powel enables customers to work smarter, which is beneficial for business, society and the environment. Powel mainly works within four market areas.

Asset Performance works closely with Nordic grid companies to streamline grid operations, to increase quality of delivery and to reduce cost of delivery. Asset Performance provides key solutions for documentation of complex networks, as well as a variety of cloud-based and mobile tools for process support.

Environment provides comprehensive solutions for water and sewage management, as well as other municipal services. 80 per cent of Norwegian municipalities use one or more Powel solutions.

Smart Energy has a comprehensive software package that supports a complete value chain for energy production, planning, trading and settlement.

Powel Construction provides software for the construction industry, and a leading supplier of Gemini Terreng, a 3D tool used in connection with most Norwegian infrastructure projects.

Powel is headquartered in Trondheim, Norway, and has several more locations in Norway. The company is also located in Sweden, Denmark, Germany, Poland, Turkey and Switzerland.

  • Headquarters: Trondheim, Norway
  • Ownership AFK: 96,6 %
  • Chairman of the Board: Ørjan Svanevik
  • CEO: Trond Straume
  • www.powel.com


Arendals Fossekompani (AFK) is an industrial investment company that invests in energy and technology related companies with an international market potential. AFK is also a producer of hydro power, a property developer and a financial investor.