NASDAQ Stockholm: HDW.B

How many employees work at Hitech & Development?

Hitech & Development Wireless Sweden Holding AB (HDW.B) has approximately 15 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Hitech & Development’s total headcount has declined 67.9% from 47 employees in 2023 to 15 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

About Hitech & Development’s Workforce

Hitech & Development Wireless Sweden Holding AB (HDW.B) is an Automation Solutions company that employs 15 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 2016, the company is headquartered in Kista, Sweden and trades on the NASDAQ Stockholm.

Hitech & Development's workforce has declined 67.9% from 2023 to 2026, down 16.1% year over year in 2026. It fell to a low of 15 in 2026 Q1 before recovering. Its workforce is concentrated most in South Asia (51.7%), followed by Northern Europe (47.6%) and Western Europe (0.7%).

Hitech & Development's functional groups are Finance and Operations (52.2%), Engineering (31.1%), and Sales and Marketing (16.7%), with Finance and Operations growing fastest (up 20.3%). The average salary is $44,993, ranging from a median of $80,000 in Northern Europe to $15,000 in South Asia, up 0.8% year over year in 2026.

Overall employee sentiment is negative and broadly stable.

Sourced from Revelio Labs workforce data.

Ticker
NASDAQ Stockholm: HDW.B
Headquarters
Kista, Sweden
Founded
2016
Industry
Automation Solutions
Employees
15
YoY
-16.1% (-15)

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Hitech & Development Annual Employee Count (2023-2026)

Interactive chart of Hitech & Development annual worldwide employee count from 2023 to 2026.
  • Hitech & Development had 15 employees in 2026, a 16.1% decline (-15) from 2025.
  • Hitech & Development had 18 employees in 2025, a 14.8% decline (-13) from 2024.
  • Hitech & Development had 31 employees in 2024, a 24.6% decline (-22) from 2023.
  • Hitech & Development had 53 employees in 2023, a 7.2% increase (+2) from 2022.

Hitech & Development's total workforce has declined from 47 employees in 2023 to 15 in 2026.

Hitech & Development Wireless Sweden Holding AB quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q115-15-16.1%
2025Q418-13-14.8%
2025Q317-25-37.0%
2025Q222-26-32.2%
2025Q130-23-25.0%
2024Q431-22-24.6%
2024Q342-8-6.6%
2024Q248+1-0.4%
2024Q153+8+7.6%
2023Q453+2+7.2%
2023Q350+1+10.5%
2023Q247-9+4.6%

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Hitech & Development Employee Count by Region (2026)

South Asia accounts for the largest share of Hitech & Development's global workforce with approximately 52% of total employees, followed by Northern Europe and Western Europe.

Hitech & Development employees by region

RegionEmployees% of Total
South Asia851.7%
Northern Europe747.6%
Western Europe00.7%

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Hitech & Development Employee Count by Department (2026)

Hitech & Development's employee groups are Finance and Operations (52.2%), Engineering (31.1%), and Sales and Marketing (16.7%).

Hitech & Development employees by department

DepartmentEmployees% of Total
Finance and Operations852.2%
Engineering531.1%
Sales and Marketing316.7%

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Hitech & Development Employee Salary by Region (2026)

Hitech & Development's average employee salary is $44,993 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 1.8x the global average. Pay is lowest in South Asia, at a median of $15,000.

Hitech & Development median employee salary by region (USD)

RegionMedian Salary
Northern Europe$80,000
South Asia$15,000

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Hitech & Development Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Hitech & Development's workforce based on public professional data. Overall sentiment is negative and has held steady year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Hitech & Development

How fast is Hitech & Development growing?
In 2026, Hitech & Development's headcount shrank 16.1% to 15 employees, down from 30 in 2025.
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Where are Hitech & Development employees located?
Most Hitech & Development employees are based in South Asia (51.7% of headcount), followed by Northern Europe and Western Europe.
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What is the average salary at Hitech & Development?
The average employee salary at Hitech & Development is approximately $45k per year.
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When was Hitech & Development founded and where is it headquartered?
Hitech & Development was founded in 2016 and is headquartered in Kista, Sweden.
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