Research Institutes of Sweden

[3] RISE operates in more than 25 cities all over Sweden and also has facilities in Denmark, Norway, Great Britain, France and Belgium.

[4] In January 2021, RISE had approximately 2,800 employees[5] over five organisational divisions: RISE AB was founded in 1997 as Ireco Holding AB by the Ministry of Enterprise and Innovation (Sweden) (formerly the Ministry of Enterprise, Energy and Communications), and the government agency The Knowledge Foundation.

Until 2002, RISE reviewed the structure with owners and other interested parties and turned trusts into registered corporations.

In 2007, the IRECO Holding AB became wholly state-owned in 2007, and its operations were organised into different corporate groups: In 2009, the company name was changed to RISE Research Institutes of Sweden Holding AB and received an expanded mandate and significantly increased resources.

RISE consists of five divisions that gather the operations of former autonomous research institutes and their subsidiaries.