Danish medical-device maker producing infusion and blood-pressure-monitoring systems, with a manufacturing plant in Odivelas near Lisbon — in Portugal since 1966 and employing around 500 people.
CODAN is a Danish manufacturer of single-use medical devices — infusion and transfusion systems, blood-pressure-monitoring lines and related disposables. Its Portuguese arm, Codan Portugal — Instrumentos Médicos, S.A., runs a manufacturing site in Odivelas, on the northern edge of Lisbon, that is one of the group’s main European production locations.
The operation has roots in Portugal going back to 1966 and today employs in the order of 500 people, making it a long-established Danish industrial employer in the Lisbon region rather than a recent arrival.
Codan Portugal sits inside the Portugal ↔ Scandinavia business corridor that NorthSouth HQ tracks every day — a Nordic company that has chosen to operate on the ground in Portugal rather than serve it from afar. Its Portuguese footprint is one data point in the wider story of how Nordic capital, industry and talent are deepening their presence in Portugal in 2026.
Fractio helps Nordic companies enter the Portuguese market — from market sizing to first sales, hiring and legal setup.
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