NASDAQ Stockholm: NIO

How many employees work at Nordic Iron Ore?

Nordic Iron Ore AB (NIO) has approximately 7 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Nordic Iron Ore’s total headcount has grown 164.2% from 3 employees in 2023 to 7 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

About Nordic Iron Ore’s Workforce

Nordic Iron Ore AB (NIO) is an Energy and Resources company that employs 7 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 2008, the company is headquartered in Ludvika, Sweden and trades on the NASDAQ Stockholm.

Nordic Iron Ore's workforce has grown 164.2% from 2023 to 2026, though it is down 12.0% year over year in 2026. Its workforce is concentrated most in Northern Europe (100.0%).

Nordic Iron Ore's functional groups are Finance and Operations (64.4%), Engineering (18.4%), and Sales and Marketing (17.2%). The average salary is $117,479, highest in Northern Europe at a median of $108,000, down 11.9% year over year in 2026.

Sourced from Revelio Labs workforce data.

Ticker
NASDAQ Stockholm: NIO
Headquarters
Ludvika, Sweden
Founded
2008
Industry
Energy and Resources
Employees
7
YoY
-12.0% (-1)

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Nordic Iron Ore Annual Employee Count (2023-2026)

Interactive chart of Nordic Iron Ore annual worldwide employee count from 2023 to 2026.
  • Nordic Iron Ore had 7 employees in 2026, a 12.0% decline (-1) from 2025.
  • Nordic Iron Ore had 7 employees in 2025, a 23.9% decline (+2) from 2024.
  • Nordic Iron Ore had 5 employees in 2024, a 16.7% increase (+2) from 2023.
  • Nordic Iron Ore had 3 employees in 2023, a 32.6% increase (+1) from 2022.

Nordic Iron Ore's total workforce has grown from 3 employees in 2023 to 7 in 2026.

Nordic Iron Ore AB quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q17-1-12.0%
2025Q47+2-23.9%
2025Q38+3-13.3%
2025Q28+4-2.4%
2025Q18+5+12.9%
2024Q45+2+16.7%
2024Q35+2+18.5%
2024Q24+1+0.0%
2024Q13+1+32.6%
2023Q43+1+32.6%
2023Q33+1+32.6%
2023Q23+1+32.6%

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Nordic Iron Ore Employee Count by Region (2026)

Northern Europe accounts for the largest share of Nordic Iron Ore's global workforce with approximately 100% of total employees.

Nordic Iron Ore employees by region

RegionEmployees% of Total
Northern Europe7100.0%

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Nordic Iron Ore Employee Count by Department (2026)

Nordic Iron Ore's employee groups are Finance and Operations (64.4%), Engineering (18.4%), and Sales and Marketing (17.2%).

Nordic Iron Ore employees by department

DepartmentEmployees% of Total
Finance and Operations564.4%
Engineering118.4%
Sales and Marketing117.2%

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Nordic Iron Ore Employee Salary by Region (2026)

Nordic Iron Ore's average employee salary is $117,479 globally. Employees in Northern Europe receive the highest compensation.

Nordic Iron Ore median employee salary by region (USD)

RegionMedian Salary
Northern Europe$108,000

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Frequently Asked Questions About Nordic Iron Ore

How fast is Nordic Iron Ore growing?
In 2026, Nordic Iron Ore's headcount shrank 12.0% to 7 employees, down from 8 in 2025.
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Where are Nordic Iron Ore employees located?
Most Nordic Iron Ore employees are based in Northern Europe (100.0% of headcount).
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What is the average salary at Nordic Iron Ore?
The average employee salary at Nordic Iron Ore is approximately $117.5k per year.
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When was Nordic Iron Ore founded and where is it headquartered?
Nordic Iron Ore was founded in 2008 and is headquartered in Ludvika, Sweden.
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