AB Volvo (publ)
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- CEO
- Martin Lundstedt
- Full Time Employees
- 91,154
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- Address
- GropegArdsgatan 2 Gothenburg Sweden 417 15
- IPO Date
- Apr 5, 2010
- Website
- volvogroup.com
- Similar Companies
- Business
- AB Volvo (publ) manufactures and markets trucks, buses, construction equipment, marine and industrial engines, and related financial services and aftermarket solutions. The company offers heavy-duty trucks for long-haul, regional, and construction under brands including Volvo Trucks, Mack Trucks, and Renault Trucks; buses and coaches via Volvo Buses and subsidiaries such as Nova Bus; construction equipment like wheel loaders, excavators, and articulated haulers through Volvo Construction Equipment; power solutions for marine propulsion and industrial applications from Volvo Penta; and customer support services encompassing financing, insurance, maintenance, spare parts, and preventive services through Volvo Financial Services. AB Volvo (publ), founded in 1927 and headquartered in Gothenburg, Sweden, operates globally across approximately 190 markets in Europe, North America, South America, Asia, Africa, and Oceania with over 100,000 employees and 14 brands. Recent strategic developments include Volvo Construction Equipment's June 2025 agreement to acquire Swecon's operations in Sweden, Germany, and the Baltics from Lantmännen for SEK 7 billion, expected to close in the second half of 2025 to enhance retail presence in key European markets; a SEK 261 million investment announced in 2025 to expand crawler excavator and wheel loader production at sites in Shippensburg, Pennsylvania, USA, Changwon, South Korea, and Sweden; the July 2025 acquisition of NOVO Energy's battery cell R&D laboratory in Gothenburg to advance battery chemistry for sustainable transport; and the divestment of its stake in SDLG to Lingong Group.
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