Latest News from Sweden – Page 12
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Volvo Group on Ukraine
Volvo Penta’s parent company, the Volvo Group, issues statement on the financial impact of the war in Ukraine
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Electric boat builder raises over $50m in funding
The capital will be used to accelerate production, support R&D
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Dometic adds two American marine brands to the fold
Sweden’s Dometic Group has announced further acquisitions in the marine sector, adding products and distribution capabilities in engine controls, mobile power and charging systems
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Glendinning appoints Swedish distributor
Diesel Power AB to exclusively represent Glendinning engine controls in Sweden
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Nimbus sees faster growth through company-owned dealers
Sweden’s largest boatbuilder saw robust gains in both revenues and profitability in 2021, underpinned by an ongoing strategy of vertical integration into the retail segment, along with expanded distribution in promising growth markets
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New OXE Marine CEO meets industry at Miami
OXE Marine was on hand at the Miami boat show during an eventful week in which it confirmed a new CEO, completed a deal with US-based Diesel Outboards and released 2021 financials.
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Dometic consolidates accessories business under new Sierra branding
Shields, Moeller business lines join Prime Line ATV accessories business under refreshed Sierra banner
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Nimbus Group acquires Norwegian retailer at 4x EBITDA
Key strategic move for builder as it looks to grow its dealership base
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Dometic: “We’re walking the talk”
President and CEO of Sweden’s Dometic Group, Juan Vargues, will be in Miami this week to reiterate why Marine remains a key part of the equipment manufacturer’s portfolio even as it propels the business forward on a massive strategic transformation first communicated to the market in 2019
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Supercar manufacturer builds first in-house E-motor and EV-drive unit; IBI comments
New electric motor is claimed to have the best power-to-weight ratio in the industry
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Torqeedo establishes direct distribution in Sweden
Move will ensure faster response times and better technical support in the Nordics
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Volvo increases deliveries amidst a turbulent year
Volvo Group’s marine engine business reported a 21% boost in net sales for 2021, which carried through the fourth quarter with strong demand in the leisure marine market
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First unmanned marine fuel station for renewable fuel now in production
Fossil Free Marine moves from development phase to production following signing of new supplier agreement
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Candela-8 to be available on boat sharing platform
The world’s fastest electric speedboat will soon be available on subscription through Agapi Boat Club
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Azimut appoints Swedish dealer
Marinmäklarna AB to represent Italian brand from its base near Stockholm