Volvo Group

Goteborg, Sweden Founded: 1927 • Age: 99 yrs
Brand of commercial vehicles
Annual revenue $52.0B Latest available
Total funding - 20 rounds
Employees 101590 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 4 Brand Intelligence

About Volvo Group

Volvo Group is a company based in Goteborg (Sweden) founded in 1927. The company has 101,590 employees as of December 31, 2024. Volvo Group has completed 4 acquisitions, including Designwerk, Renault Trucks and Swecon. Volvo Group operates in a competitive market with competitors including NEVS, Ford and Leo Motors, among others.

  • Headquarter Goteborg, Sweden
  • Employees 101590 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Volvo Ab Class A
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $52.03 B (USD)
    -9.04
    as on Dec 31, 2025
  • Net Profit
    $3.74 B (USD)
    -31.62
    as on Dec 31, 2025
  • EBITDA
    $8.04 B (USD)
    -15.77
    as on Dec 31, 2025
  • Latest Funding Round
    $44.79 K (USD), Grant

    Feb 01, 2021

  • Investors
  • Employee Count
    101590

    as on Dec 31, 2024

  • Investments & Acquisitions
    Designwerk

    & 3 more

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IPO & Listings of Volvo Group

Volvo Group is a publicly listed company on the OMXSTO with ticker symbol VOLV_A in Sweden, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OMXSTO · Ticker: VOLV_A · Sector: Producer manufacturing · Sweden

People of Volvo Group

Headcount 10000+
Employee Profiles 861
Board Members and Advisors 16
Employee Profiles
People
Scott Rafkin
EVP, Chief Digital Officer
People
Axel Abrahamsson
Business Controller
People
Mike Hatrick
Vice President IP Strategy & Portfolio
People
Artur Bielinski
Purchasing Project Manager - PMP

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Board Members and Advisors
people
Matti Alahuhta
Director
people
Martina Merz
Director
people
Eric Elzvik
Director
people
Helena Stjernholm
Director

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Funding Insights of Volvo Group

Investors in Volvo Group

Volvo Group has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Renault Group, European Union and Geely Holding Group.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
-
Locked Locked Locked
Automotive vehicles including cars and commercial types are manufactured globally.
Locked Locked Locked
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Investor details for Volvo Group

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by Volvo Group

Volvo Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Designwerk, Renault Trucks and Swecon.

Investments
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Investment portfolio details for Volvo Group

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Electromobility solutions and chargers are developed by Designwerk.
Locked Locked 2007 Locked
Construction machinery and services are supplied across multiple countries.
Locked Locked 1999 Locked
A premier global telematics service provider for automotive OEMs
Locked Locked 1999 Locked
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Complete acquisition details for Volvo Group

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Volvo Group

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Detailed financials for Volvo Group

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  • Profit trends
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Volvo Group Comparisons

Volvo Group Primary company
Description
Brand of commercial vehicles
Location
Goteborg, Sweden
Founded Year
1927
Annual Revenue
$52.03 B (USD)
Net Profit
$3.74 B (USD)
EBITDA
$8.04 B (USD)
Employees
101,590
As of 2024
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Peer comparison for Volvo Group

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Competitors of Volvo Group

Volvo Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NEVS, Ford and Leo Motors, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Electric autonomous cars are manufactured for urban mobility needs.
Locked Locked Locked
Automobiles and commercial vehicles are manufactured by Ford.
Locked Locked Locked
Provides cartridge batteries designed for electric vehicles.
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Detailed competitors of Volvo Group

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

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  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Volvo Group

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Complete news archive for Volvo Group

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Volvo Group

Volvo Group was founded in 1927 and raised its 1st funding round 74 years after it was founded.

Volvo Group is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

Martin Lundstedt is the current CEO of Volvo Group.

As of Dec 31, 2024, the latest employee count at Volvo Group is 101,590.

Annual revenue of Volvo Group is $52.03B as on Dec 31, 2025.

Volvo Group was founded in 1927 in Gothenburg, Sweden, and operates within the heavy commercial vehicle sector. Products including trucks, buses, and coaches are produced at facilities across 18 countries, with sales conducted in over 190 markets. In 2022, annual revenues of 48.07 billion were recorded, alongside a net profit of 3.71 billion. Operations focus on global manufacturing and distribution of commercial transport solutions.

Volvo Group's top competitors include Ford, NEVS and Leo Motors.

Yes, Volvo Group is publicly traded on OMXSTO under the ticker symbol VOLV_A.

Volvo Group has made 4 acquisitions, including Designwerk, Renault Trucks, and Swecon.

Volvo Group has 4 investors. Key investors include Renault Group, European Union, Geely Holding Group, and OSTI.GOV.

The ticker symbol of Volvo Group is VOLV_A on OMXSTO.

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