Ferronordic as an investment
Learn more about Ferronordic, our business areas and the way we create shareholder value.
Strong brand portfolio
Our partnership with Volvo – a world-leading manufacturer in the areas of construction equipment and trucks – gives Ferronordic an opportunity to offer premium products and services to a growing base of demanding customers. We continue to see potential to expand our portfolio with complementary brands to leverage our organisation and infrastructure, for the benefit of our partners, our customers, our investors and other stakeholders.
Markets with high potential
We see strong fundamentals in the markets where we operate. Germany has a highly industrialised and developed economy with the largest truck market in Europe. It also drives much of industrial innovation and benefits from growing economic activity, which provides opportunities for the world-class Volvo products that Ferronordic supplies and services. The US is the world’s second largest market for construction equipment with substantive infrastructure investment programs that are likely to support strong demand going forward. We see great potential for increasing our market share in the general construction segment, as well as for further expansion in the North American market. Kazakhstan is a relatively young market characterised by underinvested infrastructure and by significant pent-up demand for construction equipment.
Further growth opportunities
We believe that our markets offer upside for our core business and that we have more opportunities to leverage our existing organisation to add complementary products and services. Ferronordic’s existing experience and business model also provide opportunities for further geographic expansion.
Resilient business model and robust aftermarket business
Our business model, which is built around a great team and robust aftermarket business, has been tested by currency volatility, turbulent market conditions and both supply and demand disruption. Our focus on aftermarket absorption makes us resilient, while our strong service platform and digital solutions allow us to work more closely with our clients. Our used business, contracting services and machine and component rebuild centre complement and diversify our business model and drive further customer integration.
Investing in innovation
We have invested in a number of innovative and industry-first solutions such as our digital sales support system which allows us to take a proactive and predictive approach to sales and service. We have developed a proprietary “rules engine” combining our expertise with the signals from machine telematics systems (e.g. Volvo CE’s CareTrack) to produce automatic sales leads and concrete equipment or maintenance recommendations to optimise the efficiency and performance of our customers’ fleets and our profitability.
We have also invested in new business models like contracting services where we own and operate machines on behalf of our customers which helps them reduce tied up capital, machine downtime while improving productivity.
Experienced management and strong corporate governance
Ferronordic is a Swedish company with an international management team with long experience from the industry and the markets where we operate. We also have a strong board of directors.
Working together towards a sustainable future
We are committed to being a good, fair, and safe employer, applying the strictest standards of corporate governance and transparency and minimising our ecological footprint and resource waste.