Quality. Respect. Excellence.

Субменю

About Ferronordic

Ferronordic is the authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac and Rottne in Russia. In certain parts of the country, Ferronordic has also been appointed aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta.

Since 2019 Ferronordic is also the authorized dealer of Volvo Construction Equipment and Mecalac in Kazakhstan.

The company began its operations in 2010 and has expanded rapidly across Russia. The company is well established in all federal districts with 79 outlets and over 1,000 employees. Ferronordic’s vision is to be regarded as the leading service and sales company in the CIS markets.

The shares in Ferronordic are listed on Nasdaq Stockholm.

 

2016

2017

2018

Revenue (SEK MM)

1,658

2,567

3,241

Operating profit (SEK MM)

132*

187

274

Employees

782

848

1,032

Outlets

73

74

79

⁠*Refers to adjusted EBIT, i.e. operating profit excluding amortization of transaction-related intangible assets until May 2016 and write-downs of non-current assets during the fourth quarter 2016.