VIMAB Group AB
SSTO:VIMAB2.60
SEK
+0.08
(+3.17%)
ISIN
SE0007439633
Return %
Stock
S&P 500
1Y
-56.67
14.20
3Y
-72.66
81.12
5Y
-94.32
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
SEK
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Peter Fredell
- Full Time Employees
- 192
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Stockholm Sweden
- IPO Date
- Oct 2, 2015
- Website
- vimabgroup.com
- Similar Companies
- Business
- VIMAB Group AB is a Sweden-based industrial technology and energy services company that provides clean technology solutions, utility-scale battery energy storage systems, and specialized industrial maintenance and engineering services. The company operates across multiple segments, including Energy Systems, Industrial Services and Technology, Environmental Technology, Precision Manufacturing, and Infrastructure. VIMAB Group AB offers a broad portfolio of products and services, including turnkey battery energy storage systems (BESS); proprietary energy management systems (EMS) software featuring automated 24/7 monitoring and optimization; electricity trading, frequency regulation, peak shaving, energy arbitrage, and balance responsible party (BRP) services connected directly to Nord Pool and Svenska Kraftnät; complete valve services comprising testing, calibration, maintenance, repair, and refurbishment of industrial control, safety, and shut-off valves; LarsLap portable valve grinding and lapping machinery; electric steam boilers, pressure equipment, and customized steam systems; industrial process piping, high-pressure pipe welding, refrigeration systems, forging, and specialized industrial plumbing; precision CNC milling, turning, tooling, prototyping, and manufactured machine components including rollers, molds, and shafts; specialized training programs in steam engineering and valve safety; and power distribution and fiber-optic infrastructure network construction. The group serves public utilities, energy producers, grid operators, process industries, paper and pulp mills, chemical plants, and manufacturing facilities across Sweden, the Nordic region, and wider European markets. Operating through operating subsidiaries including VIM Energy Systems, VIMAB, LarsLap, Tranfoten, Tottes Svets & Industrimontage, A&O Cnc, B Göransson Produktion, and PJP Piping, the company was founded in 1990 and is headquartered in Stockholm, Sweden. In recent developments, VIMAB Group AB has executed a significant strategic shift toward renewable energy storage and grid-balancing technologies centered around its subsidiary VIM Energy Systems AB. In May 2024, the company expanded its precision industrial production base with the acquisition of Swedish CNC machining firm Tranfoten. In late 2025, the group entered into a strategic multi-year partnership with EVE Energy to secure 1.48 GWh of battery cell and system capacity. In 2026, VIMAB Group accelerated its international geographical expansion by securing over SEK 226 million in utility-scale battery storage park contracts across Southeastern Europe, including major turnkey deployment projects in Moldova, Kosovo, and Albania, alongside the commissioning of a 50 MWh grid-connected battery storage park in Sweden.