Ferronordic awarded Dealer of the Year by Volvo CE

Volvo CE once a year extends a “Dealer of the Year” award to a partner that has demonstrated exceptional performance during the year. For the EMEA region in 2019, the award went to Ferronordic. Volvo CE comments on its choice:

“Ferronordic has increased the excavator market share in a fiercely competitive market and has a highly structured approach to competence development. The dealer has also made a true change journey, embracing digitalization in order to increase aftermarket revenue and is actively expanding its business by utilizing new business models.“

Ferronordic’s CEO, Lars Corneliusson, comments on the award:

“I am proud to receive this award on behalf of our organization. Our employees have worked hard to make this possible. It is gratifying to receive such acknowledgement from our colleagues and friends at our key partner. I am also delighted that our constant efforts to develop our team and invest in innovative and digital business solutions are recognized.”

The nominees for the year 2019 were, in addition to Ferronordic, Volvo CE’s dealers in South Africa and the Netherlands. This is the second year in a row when Volvo CE recognized the strong performance of Ferronordic. In 2018, Ferronordic was named the “EMEA Best Service Dealer”, in recognition of its high levels of customer satisfaction, strong coverage model and high service quality.

About Ferronordic

Ferronordic is a service and sales company in the areas of construction equipment and trucks. It is the dealer of Volvo Construction Equipment and certain other brands in all of Russia and Kazakhstan, aftermarket partner of Volvo Trucks and Renault Trucks in part of Russia, and dealer of Volvo Trucks and Renault Trucks in part of Germany. The company also offers contracting services where it owns and operates equipment to carry out works for customers. Ferronordic began its operations in 2010 and now has over 90 outlets and about 1,500 employees. Ferronordic’s vision is to be regarded as the leading service and sales company in its markets. The shares in Ferronordic AB (publ) are listed on
Nasdaq Stockholm. www.ferronordic.com

For more information, please contact:
Erik Danemar, CFO, Tel. +46 73 660 72 31, or erik.danemar@ferronordic.com

This information was submitted for publication on 20 February 2020, 08:30 CET.