Press Release

Capital markets day, 12 June 2018: Ferronordic presents its work with digitalization, employees and compliance

12 Jun 2018

Lars Corneliusson, CEO, starts the day with a general overview of the Russian market, the company’s operations and its aftermarket focus. Anders Blomqvist, CFO, describes the company’s financial targets, efficient use of capital and profitability development.

Then follows a presentation of the four main themes of the day. Onur Gucum, Commercial Director, starts by presenting the company’s work towards increased digitalization, e.g. the development of Ferronordic’s “Rules Engine” and its system for automatic sales-leads generation.

Nadezhda Arzumanova, HR Director, presents Ferronordic’s HR strategy where customer centricity, competence development, strategic competence targets and individual development programs are important components.

Henrik Carlborg, General Counsel, presents Ferronordic’s corporate governance and compliance program. Henrik describes how the company applies the Swedish corporate governance code and works with an open and non-hierarchical culture. He also presents Ferronordic’s zero tolerance for bribery and corruption.

Chris Weafer, Senior Partner, Macro-Advisory Ltd, concludes the day by presenting his view on Russia’s economic and political development.

The capital markets day will be held at: IVA Konferenscenter, Grev Turegatan 16, Stockholm, on 12 June 2018 between 08:30 – 12:15 CET. The presentation is already available on the company’s website. A link to the event will be available at the company’s website shortly after the capital markets day has ended.

About Ferronordic

Ferronordic is the authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac and Rottne in Russia. In certain parts of Russia, Ferronordic has also been appointed aftermarket dealer for Volvo and Renault Trucks, as well as dealer for Volvo Penta. Ferronordic began its operations in 2010 and has expanded rapidly across Russia. The company is well established in all federal districts with 77 outlets and over 850 employees. The vision of Ferronordic Machines is to be regarded as the leading service- and sales company in the CIS markets. The ordinary shares in Ferronordic Machines AB (publ) are listed on Nasdaq Stockholm. The preference shares in the company are listed on Nasdaq First North Premier. The company has appointed Avanza Bank AB as its Certified Advisor.

For more information, please contact:

Anders Blomqvist, CFO and Head of IR, Tel: +46 8 5090 7280 or

This information was submitted for publication on 27 April, 12:30 CET.

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