Capital markets day, 12 June 2018: Ferronordic presents its work with digitalization, employees and compliance

Press Release
Stockholm, 12 June 2018

Today, 12 June 2018, Ferronordic Machines AB (”Ferronordic”) arranges a capital markets day for analysts, investors and media to highlight how the company conducts a sustainable and increasingly digitalized business in Russia.

Lars Corneliusson, CEO, starts the day with a general overview of the Russian market, the company’s operations and its aftermarket focus. Anders Blomqvist, CFO, describes the company’s financial targets, efficient use of capital and profitability development.

Then follows a presentation of the four main themes of the day. Onur Gucum, Commercial Director, starts by presenting the company’s work towards increased digitalization, e.g. the development of Ferronordic’s “Rules Engine” and its system for automatic sales-leads generation.

Nadezhda Arzumanova, HR Director, presents Ferronordic’s HR strategy where customer centricity, competence development, strategic competence targets and individual development programs are important components.

Henrik Carlborg, General Counsel, presents Ferronordic’s corporate governance and compliance program. Henrik describes how the company applies the Swedish corporate governance code and works with an open and non-hierarchical culture. He also presents Ferronordic’s zero tolerance for bribery and corruption.

Chris Weafer, Senior Partner, Macro-Advisory Ltd, concludes the day by presenting his view on Russia’s economic and political development.

The capital markets day will be held at: IVA Konferenscenter, Grev Turegatan 16, Stockholm, on 12 June 2018 between 08:30 – 12:15 CET. The presentation is already available on the company’s website. A link to the event will be available at the company’s website shortly after the capital markets day has ended.

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About Ferronordic  

Ferronordic is the authorized dealer of Volvo CE, Terex Trucks, Dressta, Mecalac and Rottne in Russia. In certain parts of the country, Ferronordic has also been appointed as aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta. Ferronordic began its operations in 2010 and has expanded rapidly across Russia. The group is well established in all federal districts with 77 outlets and more than 850 employees. Ferronordic’s vision is to be regarded as the leading service and sales company in the CIS markets. The ordinary shares in Ferronordic are listed on Nasdaq Stockholm.

www.ferronordic.com 

For further information, please contact:  

Anders Blomqvist, CFO and Head of IR, Tel: +46 8 5090 7280, or e-mail: anders.blomqvist@ferronordic.com.

The information was submitted for publication on 12 June 2018, 8:00 CET.

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About Us

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.

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