The Ferronordic story

Ferronordic‘s history started in 2010, when the Group took over the construction equipment distribution business from Volvo Construction Equipment in Russia. At the time, we had six outlets and about 160 employees. Today Ferronordic has 41 workshops in the United States, Germany and Kazakhstan, and approximately 800 employees.

From the beginning, our business was built on the rich and diversified experience of our teams and their commitment to go the extra mile for our customers. We work for our customers, but we also work with them to come up with innovative solutions that challenge industry norms. This gives our work purpose and a strong sense of involvement in shaping the future of our industry.

Our history


Ferronordic expands to the USA by acquiring Rudd Equipment Company, Inc. (“Rudd”) for a total purchase price of USD 105m. In 2022, Rudd had revenue of USD 308m.

We are Ferronordic

Ferronordic sells its Russian business, receiving SEK 1,090m (EUR 99m)

Ferronordic becomes distributor for Sandvik mobile crushers and screens in Germany and Kazakhstan

We are Ferronordic

Ferronordic becomes distributor for Sandvik crushers and screens in Russia

We are Ferronordic

Ferronordic becomes an official dealer of Volvo Trucks and Renault Trucks in parts of Germany

We are Ferronordic

Ferronordic becomes dealer for Volvo Construction Equipment and Mecalac in Kazakhstan

Volvo Construction Equipment recognizes Ferronordic as EMEA Dealer of the Year

Rebuild Centre in Yekaterinburg opens

Ferronordic takes over the importation of Volvo Construction Equipment machines and parts in Russia

We are Ferronordic

Ferronordic grows to more than 1000 employees

Largest contracting services project at the time is signed with Russian mining company GV Gold

We are Ferronordic

Shares of Ferronordic AB (publ) are listed on Nasdaq Stockholm

Ferronordic becomes official dealer of Mecalac in Russia

Ferronordic becomes authorised supplier of Volvo Certified Rebuild

We are Ferronordic

Dressta and Rottne brands are added to Ferronordic’s product portfolio in Russia

We are Ferronordic

The market for construction equipment in Russia declines 83% but Ferronordic manages to expand margin, grows resilience and strengthens its business platform

We are Ferronordic

Further expansion of network in Russia to 75 locations and over 700 employees

We are Ferronordic

First Volvo and Renault Trucks workshop opens in east Moscow


Ferronordic is founded

Ferronordic becomes official dealer of Volvo Construction Equipment in Russia

We are Ferronordic