Ferronordic is a service and sales company in the areas of construction equipment and trucks. Our core business consists of selling, repairing and maintaining different types of machines, trucks, engines, spare parts and attachments. In addition, we provide consultancy services such as machine operator trainings. We also have a growing business in contracting services where we, with our own machines and operators, carry out assignments for customers, and get paid by the amount of rock and earth moved.
Equipment and trucks sales
Ferronordic's equipment and trucks sales consist of sales of construction equipment, mainly from Volvo CE, Volvo Trucks and Renault Trucks. Construction equipment machines are widely used in different industries including general construction, mining, quarries and aggregates, oil and gas, road construction and forestry.
Trucks sales include new trucks from Volvo Trucks and Renault Trucks, as well as light commercial vehicles. Trucks are used in long and regional haulage in logistics, agriculture, construction, quarries, timber transport, and waste collection and recycling. We also have a used equipment and truck business and offer long and short term rental.
Aftermarket services and sales
Aftermarket is the core part of our business and consists of sales of parts and service. We invest significant resources in the training of our staff, systems, parts availability, network coverage and mobile service. The largest share of the aftermarket sales consists of sales of spare parts for construction equipment and trucks.
In the area of service we provide both maintenance, diagnostics, overhauls, operator training sessions and repairs. We offer various types of service contracts to tailor offering and meet each customer’s individual needs. Service is provided in respect of both machines and trucks out in the field, at the customer or at our workshops.
As part of our strategy of becoming increasingly integrated into the business of our customers, and to grow into related business areas, we offer contracting services where we own and operate equipment on behalf of our customers and get paid in the amount of earth and rock moved. At present, Ferronordic only offers contracting services in Russia, but we see potential for developing similar products in other markets.
Component and machine rebuild
We opened our Rebuild Centre in Ekaterinburg 2019. The centre mainly rebuilds engines and gearboxes for Volvo CE and Volvo Trucks and Renault Trucks. Components and machines from the rebuild center are part of Volvo’s Certified Rebuild program and come with a Ferronordic warranty. The components are resold to customers with a warranty from Ferronordic or installed in used machines as a part of Volvo Certified Rebuild program. The centre also rebuilds machines and has a chop-off line, to utilise parts and scrap metal.