Research Institutes of Sweden (RISE)
RISE Research Institutes of Sweden AB (RISE) is a Swedish state-owned research institute, collaborating with universities, industry and the public sector. RISE perform industry research and innovation as well as testing and certification. The research proposition of the Swedish government states that the overall objective for the RISE group research institutes is to be internationally competitive and work for sustainable growth in Sweden by strengthening industry competitiveness and renewal. / Paraphrase from the research proposition 2016/17:50 (Kunskap i samverkan) In January 2021 RISE had approximately 2 800 employees over five organisational divisions: "Up until 2019/2020  RISE had six divisions that was reorganised into the 5 divisions listed above. The former divisions were Bioeconomy, Bioscience and Materials, Materials and Production, ICT, Built Environment, and Safety and Transport." RISE operates in more than 25 cities all over Sweden and also have facilities in Denmark, Norway, Great Britain, France and Belgium. In 2019, RISE had a turnover of 3,57 billion SEK. Sustainability. RISE produce sustainability reports for projects and services, which in 2018 were produced for 74 projects. Since 2019 RISE has a sustainability strategy, that spans over six years, and which are partly connected to the UN  Sustainable Development Goals as well as the organisations' both negative and positive impact on sustainability through internal activities (e.g. travels) as well as impact through research projects and services. Ownership and history. RISE AB was founded in 1997 under the name Ireco Holding AB by the Ministry of Enterprise, Energy and Communications, now called The Ministry of Enterprise and Innovation (Sweden), and the government agency The Knowledge Foundation. Its first assignment was to, together with owners and other interested parties review the structure and, in which case it was called for, turn trusts into registered corporations. This was performed mainly  up until 2002. In 2007, the IRECO Holding AB became wholly state-owned in 2007, and organised its operations into different corporate grops: Innventia, SP Sveriges Tekniska Forskningsinstitut, Swedish ICT and Swerea. In 2009, the company changed its name to RISE Research Institutes of Sweden Holding AB and received an expanded mandate and significantly increased resources. Since 2016 RISE Research Institutes of Sweden is the sole owner of Sweden Holding AB Innventia, the Swedish ICT companies, and most companies within the SP group. Since 2017 they all operate under the RISE brand name. In 2018 RISE Research Institutes of Sweden  Holding AB merged with the subsidiary RISE Research Institutes of Sweden AB and took the latter name: RISE Research Institutes of Sweden AB. In October 2018, two thirds of the Swerea group became fully owned by RISE. The RISE group. RISE Research Institutes of Sweden consists of five divisions that gather the operations of former autonomous research institutes and their subsidiaries.