Press Release

Total Page：16

File Type：pdf, Size：1020Kb

PRESS RELEASE Ref: 2016/03 SMT Group takes Moroccan Volvo CE distribution Volvo Construction Equipment (Volvo CE) has announced that it is divesting its business within Volvo Maroc SA to a longstanding distribution partner SMT Group. Subject to regulatory approval, the agreement between SMT Group and Volvo CE will come into effect in the second quarter of 2016 and cover the sale, importation and distribution of Volvo and SDLG branded construction equipment products and services in Morocco. Volvo CE business and employees will transfer to SMT, along with all warranties and service agreements, maintaining the Volvo brand’s strong customer relationships and high quality of service in Morocco. SBMH who is distributing the SDLG brand products in Morocco, will continue to act under the new direction of SMT. “Our colleagues at Volvo Maroc have built up the Volvo CE business in Morocco almost from scratch over the last 10 years and benefited from a close association with the strong Volvo Truck brand image in the country,” says Tomas Kuta, president of Volvo CE’s Europe, Middle East and Africa sales region. “We now feel that further growth would be best achieved by a strong independent dealer, one that can offer the right investments and give the opportunity to develop new business and achieve economies of scale as part of a large group in North West Africa. “With many years of experience doing business in North and West Africa, and with a clear vision for growth in the region, SMT is an ideal partner to take over and grow the Volvo CE business in Morocco,” Kuta concludes. Jérôme BARIOZ, CEO of SMT adds: “With a lot of respect for what has been achieved so far by the Volvo teams, we are delighted to take this new challenge that strengthens again our relationship with Volvo. SMT is committed to take the Volvo CE business to a new step offering the highest standards in services for the success of the Moroccan customers”. SMT, which stands for Services Machinery & Trucks, with their headquarters in Belgium, is a recognized distributor of Volvo Construction Equipment, Volvo Trucks & Volvo Penta in 22 countries of North, Central & West Africa; and the exclusive Volvo CE distributor in the Netherlands, Belgium & Luxembourg. SMT has built a strong network in Africa & Europe with their long‐term commitment to customer service; which is the key to their success in the heavy equipment and transport industry. Press contact: SMT Group, Avenue Fleming 4, 1300 Wavre, Belgium press@smt‐holding.com www.smt‐group.com .

Copy Link

Recommended publications

Standard STD 5051,16 Volvo Group
Standard STD 5051,16 Volvo Group Issue date May 2020 Issue 17 Page 1 (50) The English language version is the original and the reference in case of dispute. MARKING AND DESIGNATIONS Text marking on parts Marking of parts Orientation This issue differs from issue 16 in that: - it has been clarified that the standard covers both Volvo Group brands as well as joint venture brands. - the standard has been restructured (rearranged) for better readability. - section 3.3 has been revised to comply with European competition legislation. - sections 6.6 and 6.7, which describe free-text marking and supplementary marking, respectively, have been added. - the option to perform the VOLVO PENTA marking on a single line has been added in section 8.4. - the Nova Bus logo has been updated. - the reference to figures for date clock in table 3 have been changed from 4a and 5a to 3a and 4a, respectively. - the ARQUUS brand marking has been added in section 8. Standard STD 5051,16 Volvo Group Issue 17 Page 2 (50) Contents 1 Scope and field of application ......................................................................................................... 3 2 Terms and definitions ....................................................................................................................... 3 3 Location and visibility....................................................................................................................... 3 3.1 General ...............................................................................................................................................
[Show full text]
Volvo Group Report on the Third Quarter 2020
REPORT ON THE THIRD QUARTER 2020 Customers in Southern California have begun testing Volvo VNR Electric. In Q3 2020, net sales amounted to SEK 76.9 Currency movements had a negative impact on billion (98.7). Adjusted for currency movements, operating income of SEK 1,499 M. net sales decreased by 16%. Diluted earnings per share amounted to SEK Adjusted operating income1 amounted to SEK 2.81 (3.67). 7,217 M (10,885), corresponding to an adjusted Operating cash flow in the Industrial Operations operating margin of 9.4% (11.0). was positive in an amount of SEK 11,712 M Reported operating income amounted to SEK (1,831). 7,508 M (10,885). Third quarter First nine months SEK M unless otherwise stated 2020 2019 2020 2019 Net sales 76,852 98,723 241,528 326,625 Adjusted operating income ¹ 7,217 10,885 17,629 38,687 Adjusted operating margin, % 9.4 11.0 7.3 11.8 Operating income 7,508 10,885 15,270 40,153 Operating margin, % 9.8 11.0 6.3 12.3 Income after financial items 7,640 10,129 14,040 37,975 Income for the period 5,903 7,549 10,714 29,664 Diluted earnings per share, SEK 2.81 3.67 4.97 14.36 Operating cash flow in Industrial Operations 11,712 1,831 1,877 18,453 Net financial position in Industrial Operations, SEK bn ² 62.3 62.6 Return on capital employed in Industrial Operations, % 13.2 25.8 Return on equity, % 12.2 24.6 Net order intake, number of trucks 57,530 35,726 122,436 129,431 Deliveries, number of trucks 37,709 52,357 110,507 176,188 Net order intake, number of construction equipment 20,848 14,885 68,168 61,216 Deliveries, number of construction equipment 19,774 16,460 69,028 66,487 1 For information on adjusted operating income, please see note 7.
[Show full text]
Standard STD 121-0007 Volvo Group
Standard STD 121-0007 Volvo Group Issue date December 2016 Issue 11 Page 1 (9) The English language version is the original and Den engelska språkversionen är originalversion och the reference in case of dispute. ska åberopas i händelse av tvist. Common list of colours Gemensam kulörförteckning Paint materials Lackmaterial Orientation Orientering This standard does not apply to Volvo Trucks’ Denna standard gäller inte för Volvo Lastvagnars or Renault Trucks’ brand-unique cab colours. eller Renault Trucks varumärkesunika hytt- To Volvo Trucks’ brand-unique colours, kulörer. För Volvo Lastvagnars varumärkes- STD 5750,12 applies. To Renault Trucks’ brand- unika kulörer gäller STD 5750,12. För Renault unique colours, 03.30.4002 applies. Trucks varumärkesunika kulörer gäller 03.30.4002. This issue differs from issue 10 in that: Denna utgåva skiljer sig från utgåva 10 genom att: The colour Power Blue (4017) has been kulör Power Blue (4017) har lagts till Volvo added to Volvo Penta’s colour list. Pentas kulörlista Contents Innehåll 1 General 1 Allmänt 2 1.1 Company-specific number series 1.1 Bolagsuppdelade nummerserier 2 1.2 Design-engineering documentation 1.2 Konstruktionsteknisk dokumentation 3 3 VTC colours 3 Volvo Lastvagnars kulörer 3 3.1 Number allocation 3.1 Nummeruttag 3 3.2 Colour master samples 3.2 Kulörlikare 3 3.3 Colour number classification 3.3 Kulörnummersindelning 3 3.4 List of colours 3.4 Kulörförteckning 4 4 Volvo Penta colours 4 Volvo Pentas kulörer 4 4.1 Number allocation 4.1 Nummeruttag 4 4.2 Colour master samples 4.2
[Show full text]
Annual and Sustainability Report 2017 Driving Performance
THE VOLVO GROUP Annual and Sustainability Report 2017 Driving Performance The Volvo Group 2017 The Volvo and Innovation WorldReginfo - 3016dca3-d4db-498b-9818-3a9e015e9095 CONTENT A GLOBAL GROUP STRONG BRANDS OVERVIEW This is the Volvo Group. 2 CEO comments. 4 he Volvo Group’s brand port- folio consists of Volvo, Volvo STRATEGY T Committed to staying ahead . 8 Penta, UD, Terex Trucks, Renault Mission. 10 Trucks, Prevost, Nova Bus and Vision. .10 Mack. We partner in alliances and Values . 10 joint ventures with the SDLG, Aspirations. .11 Code of Conduct . 11 Eicher and Dongfeng brands. By Driving innovation. 12 offering products and services Strategic priorities. 16 under different brands, the Group Financial targets. .21 addresses many different BUSINESS MODEL customer and market segments in VALUE CHAIN. 24 mature as well as growth markets. Customers . 28 Product development . 34 Purchasing. 46 Production & Logistics . 48 Retail & Service . 54 Reuse. 60 EMPLOYEES . 68 OUR ROLE IN SOCIETY. 74 GROUP PERFORMANCE BOARD OF DIRECTORS’ REPORT 2017 Sustainability Reporting Index . 82 Global strength in a changing world. 82 Significant events. 84 Financial performance . 86 Financial position . 89 Cash flow statement . 92 Trucks . 94 Construction Equipment . 98 Buses. 101 Volvo Penta . 103 Financial Services. 105 Financial management . 107 Changes in consolidated shareholders’ equity. 108 The share. 109 Risks and uncertainties. 112 NOTES Notes to the financial statements. 118 Parent Company AB Volvo . 178 CORPORATE GOVERNANCE Corporate Governance Report 2017 . 188 Board of Directors. 196 Group Executive Board. 202 OTHER INFORMATION Proposed remuneration policy. .206 Proposed disposition of unappropriated earnings . 207 Audit report for AB Volvo (publ) .
[Show full text]
Volvo Products for Transportation Management Wireless Roadside Inspection Concepts Pilot Project in the Port of Gothenburg
Jan Hellaker Vice President, Volvo Technology North America Volvo Technology A few samples of Volvo’s experience from applying ITS to goods transportation Volvo products for Transportation Management Wireless Roadside Inspection concepts Pilot project in the Port of Gothenburg Volvo Technology Business AreasAreas Volvo Trucks Renault Trucks Mack Trucks Nissan Diesel The world’s 2nd largest manufacturer of heavy trucks Construction Buses Equipment VolvoMack Trucks Penta Volvo Aero Financial Services Volvo Technology Sales and Employees Worldwide 2008 EUROPE Sales 52% NORTH AMERICA 61,130 60% Sales 16% 14,200 14% ASIA Sales 19% 19,090 19% SOUTH AMERICA Sales 7% 4,380 4% OTHER Sales 7% 2,580 3% Volvo Technology Corporate Values Volvo Technology Connected Truck Authorities Fleet operators Road charging, emission control, dangerous Improved transport efficiency and goods monitoring, e-call (e-safety), cost optimization, driver time anti-theft solutions etc. management, cargo management & security/safety Drivers & families Keeping touch with messaging Finance/insurance companies Focus on minimizing Cargo owner risk by monitoring & control – security Monitoring of location, & status etc. & usage 3rd party service & Truck manufacturers/dealer software companies In order to manage up-time, increase parts & service sales Integration of 3rd party solutions and improve customer relationship management Volvo Technology DYNAFLEET Volvo´s online transport information system Volvo Technology Product history ’09- VolvoLink ’08- VTNA ’06- Optifleet RT DF
[Show full text]
Th E V O Lvo G Ro U P 2 0
THE VOLVO GROUP ANNUAL REPORT 2012 The V olvo olvo G roup 2012 TOGETHER WE MOVE THE WORLD www.volvogroup.com A Global Group 2 CEO comment TOGETHER WE MOVE THE OperatiNG coNteXT 4 Future transport needs StrategY 8 Strategic approach BUsiNess model 22 Product offering WORLD 28 World-class services 30 A high-performing organization Without the products and services of the Volvo 32 Industrial structure Group the societies where many of us live 34 Production 35 Responsible sourcing would not function. Like lifeblood, our trucks, GroUP PerformaNce buses, engines and construction equipment are 36 Global strength involved in many of the functions that most of 38 Development by continent − Europe us rely on every day. 40 Focus new Volvo FH 42 Development by continent − North America For instance, one in seven meals eaten in 44 Development by continent − South America Europe reaches the consumers thanks to trucks 46 Focus Peru 48 Development by continent − Asia from the Volvo Group rolling on the roads of the 50 Focus Dongfeng continent. Buses are the most common type of 52 Focus Africa public transportation in the world, helping many Board of Directors’ report people to reach work, school, vacations, friends 56 Significant events and family. If all the Volvo buses in the world were 58 Trucks to start at the same time, they would transport 60 Buses more than 10 million people. Our construction 62 Construction equipment 64 Volvo Penta machines are used when building roads, houses, 66 Volvo Financial Services hospitals, airports, railroads, factories, offices, 68 Financial management shopping centers and recreational facilities.
[Show full text]
When the World Stops Volvo Keeps on Moving
03/2010 ISSUE 36 VOLVO CONSTRUCTION EQUIPMENT MAGAZINE WHEN THE WORLD STOPS VOLVO KEEPS ON MOVING Iceland: Volvo machines have been recently operating in the shadow of the erupting Eyjafjallajökull volcano Inside Track: HR man Richard Eyres talks about how Volvo’s people are committed to making better products for the customer Social Responsibility: Volvo making a positive contribution in China Also: Product information, job reports and much more… 3736_VCE_VS36_ENG.indd 1 18/06/2010 10:57 Volvo Construction Equipment Magazine 03/2010 Issue 36 contents 5 Battling Against the Odds Natural (and man made) wonders A volcano could not stop the combination of even though it was the first time it had happened in over two centuries, the Icelandic determination and Volvo machines. In eruption on april 14th this year of the eyjafjallajökul volcano in iceland hardly a country battling against the odds distributors received a mention in that evening’s world news. this far away, almost unheard and contractors remain positive. of and hard-to-pronounce volcano soon shot to the top of the world’s news agenda though, when a huge cloud of corrosive volcanic ash was thrown high 13 Inside Track into the atmosphere, spreading across large parts of europe, shutting airports and Volvo products are designed and made by causing the cancellation of thousands of flights across the world. people, sold by people and used by people as millions of people globally struggled with their travel plans, iceland – which is still reeling from the fallout of 2008’s financial crisis – was largely overlooked. for the benefit of people.
[Show full text]
Volvo Trucks Volvo Group
CONSTRUCTION SUMMIT ISTANBUL Zafer Arız Gökhan Kenar Johan Abrahamsson Commercial Aftersales Manager Hub Business Manager EMEA Hub South Senior Customer Finance Manager MEENA, Market East Volvo Construction Equipment Volvo Construction Equipment Volvo Trucks Volvo Group We are one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. We also provide complete solutions for financing and service. Volvo Group Construction Summit Istanbul 2019 2 09-10-2019 What we do Like a circulatory system, our trucks, buses, engines, construction equipment and financial services are involved in many of the functions that most of us rely on every day. ON THE ROAD IN THE CITY Our products help ensure that Our products are part of the daily people have food on the table, life. They take people to work, can travel to their destination and distribute goods and collect roads to drive on. garbage. We are developing to- morrow’s public transport solutions. AT THE SITE AT SEA We contribute to the extraction Our products and services are with of some of the world’s most important you, regardless of whether you are raw materials. Our engines, machines and at work on a ship or on holiday in vehicles can be found at mining and construction your pleasure boat. sites and in the middle of forests. Volvo Group Construction Summit Istanbul 2019 3 09-10-2019 Our vision To be the most desired and successful transport solution provider in the world Volvo Group Construction Summit Istanbul 2019 4 09-10-2019 Strong brands Our brand portfolio consists of Volvo, Volvo Penta, UD, Terex Trucks, Renault Trucks, Prevost, Nova Bus, Mack and Arquus.
[Show full text]
Th E V O Lvo G Ro U P 2 0
THE VOLVO GROUP ANNUAL REPORT 2012 The V olvo olvo G roup 2012 TOGETHER WE MOVE THE WORLD www.volvogroup.com A Global Group 2 CEO comment TOGETHER WE MOVE THE OperatiNG coNteXT 4 Future transport needs StrategY 8 Strategic approach BUsiNess model 22 Product offering WORLD 28 World-class services 30 A high-performing organization Without the products and services of the Volvo 32 Industrial structure Group the societies where many of us live 34 Production 35 Responsible sourcing would not function. Like lifeblood, our trucks, GroUP PerformaNce buses, engines and construction equipment are 36 Global strength involved in many of the functions that most of 38 Development by continent − Europe us rely on every day. 40 Focus new Volvo FH 42 Development by continent − North America For instance, one in seven meals eaten in 44 Development by continent − South America Europe reaches the consumers thanks to trucks 46 Focus Peru 48 Development by continent − Asia from the Volvo Group rolling on the roads of the 50 Focus Dongfeng continent. Buses are the most common type of 52 Focus Africa public transportation in the world, helping many Board of Directors’ report people to reach work, school, vacations, friends 56 Significant events and family. If all the Volvo buses in the world were 58 Trucks to start at the same time, they would transport 60 Buses more than 10 million people. Our construction 62 Construction equipment 64 Volvo Penta machines are used when building roads, houses, 66 Volvo Financial Services hospitals, airports, railroads, factories, offices, 68 Financial management shopping centers and recreational facilities.
[Show full text]
Volvo Group of Companies 1974
Cover picture: A tree adds annual ring to annual ring and grows steadily stronger and higher. As the trunk swells in girth and its roots gain a firmer hold it is able to carry a larger and larger crown with branches which reach out in all directions. Volvo first started production in 1927. Today it is an internationally active Swedish company which has developed into the biggest engineering enterprise in the Nordic area. Volvo, the largest industrial undertaking in the Nordic area. Volvo is the largest industrial undertaking in in the far north to Mjallby in the south. In the Nordic countries with a turnover of Skr. addition, Volvo has suppliers operating from 8,900 million. The Volvo Group is directly about 600 different places throughout Sweden responsible for the employment of 51,400 Apart from the 42,500 people working for people, of whom about 42,500 work in Swe- Volvo in Sweden, the Company provides work den. Overall, more than 100,000 people work for approximately 10,000 people in its dealer full time for Volvo. Volvos responsibilities network and for a further 15,000 people at the imply the provision of secure employment independent suppliers. Altogether, Volvo ope- with a high level of job satisfaction and work- rations provide more than 60,000 jobs in ing environment. They also include the crea- Sweden which means that more than 2% of the tion of products which embody safety, quality Swedish population depends on Volvo for its and economy - the basis for a continued income. The Volvo Group of Companies pro- strengthening of the production apparatus in duces about 100 different products for the Sweden and abroad and the Groups continued world of transportation.
[Show full text]
Volvo Tier 4-Interim Engines VOLVO ENGINE MANUFACTURING
VOLVO CONSTRUCTION EQUIPMENT volvo tier 4-interim engines VOLVO ENGINE MANUFACTURING. OUR HERITAGE. 1893 - 1946 Volvo develops its fi rst crude oil powered internal combustion engine which are followed by small two-stroke, low-speed (1000 rpm) diesel engines. 1946 - 1954 Volvo introduces three and four cylinder diesel engines with direct injection which are followed by turbocharged, direct injection heavy-duty diesel engines. 1978 - 199o Intercooler technology is introduced leading to the world's fi rst truly low-emission diesel engines - constant engine refi nement ensures greater fuel effi ciency. 1991 - 2000 In anticipation of Tier 1 emission standards, Volvo introduces air-to-liquid intercoolers with a Twin Pump device for higher engine effi ciency and lower emissions. 2001 - 2004 Volvo introduces the Engine Managment System which ensures high performance and low emissions - this innovation preceeds Tier 2 emission regulations. 2005 - 2010 To meet Tier 3 emission regulations, Volvo introduces Advanced Combustion Technology allowing in-cylinder emissions control and helps lead the way to Tier 4 compliance. 2011 - 2014 Building on V-ACT, Volvo's Tier 4i platform exceeds regulations - an accomplishment made possible by leveraging our extensive on-highway experience. 2014 Volvo Construction Equipment is preparing for the fi nal tier of emission regulations and this technology will have been proven through our on-highway presence. PROVEN TIER 4-INTERIM TECHNOLOGY. FREQUENTLY ASKED QUESTIONS. What does Tier 4-Interim mean? Reduction in Emissions Tier 4-Interim focuses primarily on the reduction of particulate Tier 1 to 4-Final matter (PM) and nitrogen oxides (NOX) with focus on redu- cing hydro-carbons (HC) as well as carbon monoxide (CO).
[Show full text]
Volvo Penta Starts Production of E-Driveline for World's First Serial
P R E S S R E L E A S E Volvo Penta starts production of E-driveline for world’s first serial electric fire truck Volvo Penta has commenced production of bespoke electric drivelines for leading fire service vehicle manufacturer Rosenbauer’s pioneering fire truck, named “Revolutionary Technology” (RT). “We announced our emob partnership with Rosenbauer in 2019, and we have gone from concept to start of production in record time,” says Giorgio Paris, President of Volvo Penta Industrial. “This is a milestone in our electrification journey. We see a growing demand for electric solutions in the market today and – through collaboration and pilot projects, such as this one – we aim to meet this demand and the expectations of the future.” By adapting proven technology from Volvo Trucks and Volvo Buses, Volvo Penta and its customer Rosenbauer have introduced the world’s first electric fire truck, with a completely new vehicle architecture. This project is a true example of Volvo Penta’s customer-focused evolutionary approach. Adapting & advancing The RT pushed Volvo Penta’s electric drivelines to new heights. Unlike other Volvo Group EVs that might have two or sometimes three electric machines, the RT required four to do its job. All four electric machines have to be able to run simultaneously – two for propulsion, one for the range extender to provide extra battery power, and one for electric power takeoff, if fire-fighters want to rotate the foam pump for example. To achieve this, the Volvo Penta engineers created a system that is completely cutting edge in terms of Volvo Group technology.
[Show full text]