Atea
Atea is the leading supplier of IT infrastructure in the Nordic and Baltic regions, with operations in 88 cities and over 8,000 employees. The company offers a full range of IT services and has been recognized for its sustainability efforts.
Company Overview
Atea is the leading supplier of IT infrastructure in the Nordic and Baltic regions, with a presence in 88 cities and over 8,000 employees. The company serves markets in Norway, Sweden, Denmark, Finland, Lithuania, Latvia, and Estonia. Atea reported revenue of approximately NOK 35 billion (EUR 3.1 billion) in 2023 and is listed on the Oslo Stock Exchange. It offers a complete range of hardware, software, and services to assist organizations in managing their IT operations.
Services
Atea provides a comprehensive range of services across the entire lifecycle of information technology, including the analysis of requirements, solution design, procurement, implementation, and the sustainable operation and retirement of IT infrastructure assets. Over 4,500 service personnel support organizations through these stages. Specific services include mobile phone management, uninterrupted IT workplace operations, and comprehensive take-back programs for IT equipment.
Sustainability Efforts
Atea is highly regarded for its sustainability efforts, having been recognized as the most sustainable company globally within the IT Services Industry for three consecutive years. It received the highest rating (platinum) in environmental and social performance by EcoVadis for four years in a row. Initiatives like the Atea Sustainability Focus program and the 100% Club promote sustainable IT practices, while Goitloop and other take-back programs ensure the secure erasure and recycling of used IT equipment. Atea’s Vision 2030 includes ambitious climate goals to significantly reduce GHG emissions.
Strategic Partnerships and Credit Ratings
Atea partners with leading global IT infrastructure vendors and has strategic alliances with nine top global manufacturers. The company holds a public credit rating of BBB+/Stable from Nordic Credit Rating. Financial facilities include a NOK 1,100 million revolving credit facility secured through a securitization program, a trade finance facility with Deutsche Bank up to USD 110 million, and a securitization contract for the sale of accounts receivable.
IT Reuse and Recycling Operations
Atea operates one of the largest electronic reuse and recycling programs in the Nordic and Baltic regions. The company’s Goitloop program and other take-back initiatives collect used IT equipment from customers, ensure data is securely erased, and prepare the devices for reuse or recycling. These efforts support environmentally responsible practices and contribute to the circular economy in the IT industry.