Ferronordic is the authorized dealer of Volvo Construction Equipment in Russia since 2010. Our machine range includes excavators, articulated haulers, wheel loaders and more. Our machines are used for various types of construction projects, mining, and in the logging industry. In addition to Volvo Construction Equipment we also represent Dressta, Mecalac and Rottne and are an authorized aftermarket partner for Volvo and Renault Trucks in parts of Russia.
Currently Russia, together with Kazakhstan, accounts for about 80% of the Group’s revenue. We see significant long-term growth potential in the construction equipment industry in Russia as much of the country’s infrastructure was built during the Soviet era and needs wide-scale upgrades. Russia is also rich in commodities and the continued extraction and refinement of these natural resources, as well as the construction and maintenance of the infrastructure required for this, will be an important driver for growth.
We also offer contracting services in Russia where we own and operate machines on behalf of customers mainly in the mining industry. Since 2019 we also offer recycled components and rebuilt machines from our Machine and component Rebuild Centre.