Competentia AS

Competentia AS, located in Norway, specializes in workforce solutions across diverse industries, focusing on energy, process, infrastructure, mining, and technology sectors, facilitating effective staffing and operational management. Competentia AS, founded in 1998 in Stavanger, Norway, provides workforce solutions primarily within the energy and infrastructure sectors. In June 2021, Competentia merged with Airswift, enhancing its service offerings and operational reach. The merger was aimed at accelerating growth for the newly combined entity.

Competentia is a subsidiary of Reiten & Co Strategic Investments and has completed two deals, with the latest deal occurring on June 21, 2021. Following its merger with Airswift, Competentia specializes in comprehensive workforce solutions tailored for various sectors. The company's core services include talent acquisition, employer of record services, global mobility solutions, and recruitment process outsourcing. Competentia operates in more than 40 countries, addressing staffing and operational challenges for clients and facilitating access to a deep pool of technical talent across different regions.

In 2023, Competentia AS reported a revenue of USD 26. 36 mn and an EBITDA of USD 602,635. 9, reflecting its operational performance post-merger. Competentia AS, through its merger with Airswift, aims to accelerate growth by expanding its service offerings and market reach.

The combined entity plans to focus on launching new products in workforce management solutions designed to meet evolving client needs. Additionally, the company is targeting expansion into new geographic regions, with specific focus on markets in North America and Asia by 2025. The recent merger will support these initiatives, providing the resources needed to enhance operational capabilities and market penetration.