Scania AB

Industry:	Automobiles
Revenues:	$10.3 Billion
Employees:	31,195

Description

Scania AB is a Sweden-based manufacturer of heavy trucks and buses, as well as industrial and marine engines. The Company’s activities comprise five business areas. The Trucks area develops, manufactures and sells trucks with a gross vehicle weight of more than 16 tons (Class 8), intended for long-distance, construction and distribution haulage, as well as public services. The Bus and coaches area is concentrated on buses and coaches for use as tourist coaches, as well as in urban and intercity traffic. The Engines area includes industrial and marine engines that are used in electric generator sets, construction and agricultural machinery, as well as in ships and pleasure boats. The Services area provides service-related products for transport and logistic companies. The Financial services include such services as loan financing, leases and insurance solutions. Scania AB has operations in approximately 100 countries, and it is headquartered in Sodertalje (Stockholm), Sweden.

Products & Services

heavy trucks, marine engines, commercial vehicle

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News Archive

Danske Bank analyst doubts Scania, MAN merger by VW - report. ADP News Nordic; 12/15/2009 ...German carmaker Volkswagen AG (FRA:VOW), or VW, will merge partly-owned truck makers MAN SE (ETR:MAN) and Scania AB (STO:SCV B), Danske Bank analyst Carl Holmquist told today Swedish newswire Nyhetesbyran SIX. At present, VW controls... ...more

Members of Nomination Committee of Scania AB appointed. Business Wire; 11/3/2009 STOCKHOLM, Sweden -- Regulatory News: In accordance with the decision by the Annual General Meeting on 7 May 2009, each of the four largest known shareholders in voting power in Scania is entitled to appoint member of the Nomination Committee. The following representatives have been appointed to ...more

Changes in the Nomination Committee of Scania AB. Business Wire; 11/26/2009 STOCKHOLM, Sweden -- Regulatory News: KG Lindvall has replaced Mats Lagerqvist in Scania's Nomination Committee, representing Swedbank Robur fonder. After the above change, the Nomination Committee of the company consists of the following members: Gudrun Letzel, representing Volkswagen AG Chairman ...more