Volvo Group sign MoU with Patria
Volvo Group and Finnish defense group Patria have signed a Memorandum of understanding regarding cooperation to offer the Swedish Defense Materiel Administration (FMV) life-cycle support services for maintenance and logistics.
Both the Volvo Group and Patria are already suppliers to the Swedish Armed Forces. Within the framework of the Memorandum of understanding the Volvo Group and Patria plan to establish a partnership to be able to provide new and more cost-effective total solutions for service, maintenance and logistics for the Armed Forces in Sweden.
The Volvo Group has been supplying vehicles to the Armed Forces in Sweden for a long time and has a comprehensive and well-developed network for maintenance and repairs throughout the country. In 2011, FMV and the Volvo Group signed a framework agreement for technical systems support.
Patria has an established subsidiary in Finland, Millog, which delivers maintenance and technical support for all Land Forces materiel and complete lifecycle support, under the auspices of a strategic partnership with the Finnish Defense Forces.
“Through its experience of a comprehensive partnership with the Finnish Defense Forces, Patria is a perfect partner for Volvo. Together, we can develop the best solutions and offerings for the Swedish Armed Forces,” says Håkan Karlsson, responsible for governmental sales on Volvo Group’s Executive Team.
February 6, 2012
Reporters who want more information, please contact
Mårten Wikforss, Head of Media Relations, AB Volvo, tel +46 31 661127, marten.wikforss@volvo.com
Jukka Holkeri, Chief Marketing Officer Patria, tel +358 40 869 2008, jukka.holkeri@patria.fi
For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews.
Visit http://www.thenewsmarket.com/volvogroup to access broadcast-standard video from Volvo Group. You can preview and request video, and choose to receive as a MPEG2 file or by Beta SP tape. Registration and video is free to the media.
The Volvo Group is one of the world’s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications and aerospace components. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 115,000 people, has production facilities in 19 countries and sells their products in more than 180 markets. In 2011 annual sales of the Volvo Group amounted to about SEK 310 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone
AB Volvo (publ) is required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10:00 a.m. February 6, 2012
Tags: