Wirtek A/S, a Danish IT consultancy listed in Copenhagen, entered Portugal in 2024 by acquiring Porto software house Pragmasoft LDA for up to €2 million — its first sourcing location outside Romania. Pragmasoft brings ~20 engineers and 25 years of software for the energy sector.
Wirtek’s acquisition of Pragmasoft — announced in April 2024 and completed on 1 August 2024 — gave the Danish group a profitable Porto engineering base of around 20 IT professionals and an international client roster, fulfilling its Accelerate25XL strategic goal of a sourcing location outside Romania.
The fit is sectoral as much as geographic: Pragmasoft has built software for the energy industry for 25 years, and combined with Wirtek’s Danish IoT unit Seluxit it anchors the group’s push into the clean-energy software market. In 2025 Pragmasoft was recognised as PME Líder by IAPMEI.
Wirtek is part of the quieter second wave of Nordic tech investment in Portugal: not a flagship engineering hub announcement, but a listed Danish mid-cap buying a niche Porto software house outright — capability M&A that ties Portuguese engineers into Nordic clean-energy programmes.
Fractio helps Nordic companies enter the Portuguese market — from market sizing to first sales, hiring and legal setup.
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