VBG Group AB (publ) (0GXK.L)

383.00 +1.00 (+0.26%) As of 04:17PM BST. Market open.

VBG Group AB (publ)

Kungsgatan 57
Trollhättan 461 34
Sweden
46 5 21 27 77 00
https://www.vbggroup.com

Sector(s): 
Industry: 
Full-time employees: 2,065

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Anders Erkén M.Sc. Eng	President & CEO	5.64M	N/A	1964
Mr. Fredrik Jigneus	CFO, Director of Investor Relations & IT, Executive VP and Secretary	N/A	N/A	1978
Par Sjoberg	Group Account Manager	N/A	N/A	N/A
Asa Olsson	Group Communication Manager	N/A	N/A	N/A
Ms. Christina Holgerson Science)	EVP of Corporate Responsibility, Group HR & Group Privacy Officer	N/A	N/A	1965
Mr. Eberhard Wolters	Division CEO of Mobile Climate Control	N/A	N/A	N/A
Johan Ljung	Group CIO	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

VBG Group AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various industrial products in Sweden, Germany, rest of the Nordic countries and Europe, North America, Brazil, Australia/New Zealand, China, and internationally. It operates through three segments: Truck & Trailer Equipment, Mobile Climate Control, and Ringfeder Power Transmission. The Truck & Trailer Equipment segment provides trailer coupling equipment under VBG and Ringfeder brands; and automatic snow chains under Onspot brand name, as well as sliding roofs for canopy trailers and tipping vehicles, and sliding roof bars for railcars under Edscha Trailer Systems and Sesam brands. The Mobile Climate Control segment offers climate control systems, including heating, ventilation and air conditioning, control systems, and various associated components. This segment's customers include manufacturers of transit, coach, school, and shuttle buses; and off-road vehicles for construction, agriculture, forestry, mining, and materials handling applications, as well as utility vehicles, including delivery vans, refuse collection trucks, ambulances, and fire trucks; and defense vehicles for troop transport. The Ringfeder Power Transmission segment provides products and systems for mechanical power transmission, and energy and shock absorption for mines, metal and energy production, medical technology, pumps, food, industrial automation, and customer sectors under the Ringfeder and Henfel brands. VBG Group AB (publ) was founded in 1951 and is headquartered in Trollhättan, Sweden.

Corporate governance

VBG Group AB (publ)’s ISS governance QualityScore as of 1 April 2024 is 7. The pillar scores are Audit: 7; Board: 8; Shareholder rights: 9; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.