Funds and ETFs Ferronordic AB (publ)

Ferronordic Machines AB (FNM) is a Sweden-based company engaged in sales and distribution of construction equipment. It operates as an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Rottne and Mecalac in the Russian Federation. Additionally, it distributes Volvo and Renault Trucks, Volvo Penta, among others. Through its business segment, Equipment Distribution, the Company offers sale and rental of new and used machines and other equipment, contracting services, as well as aftermarket support (sales of parts and service). The Company distributes excavators, backhoe loaders, dump trucks, pipelayers, forestry machines, bulldozers and gensets. It operates more than 75 outlets in all federal districts.