 | |
| Company type | Limited company |
|---|---|
| Industry | Steel |
| Founded | 2005 |
| Headquarters | Stockholm, Sweden |
Area served | Worldwide |
Key people | Marcus Hedblom (President and CEO) Mr Katsuhiro Miyamoto (Chairman of the Board) |
| Products | Steel products, bars, tubes and rings |
| Brands | BQ-Steel® IQ-Steel® M-Steel® WR-Steel® SZ-Steel® |
| Revenue |  € 921 million (2017) |
| € 69 million (2017) | |
| € 15 million (2017) | |
| Owner | Nippon Steel Corporation |
Number of employees | 2900 (March 2024) |
| Parent | Nippon Steel Corporation |
| Subsidiaries | Ovako Hallstahammar AB Ovako Sweden AB Ovako Imatra Oy Ab Ovako Molinella S.p.A. Ovako Redon SAS Ovako Bar AB Ovako Steel Marketing Ovako BeNeLux Ovako Special Steel Trading Co. Ltd. Ovako Balkans, Greece and Cyprus Ovako GmbH Ovako Sales Unit Scandinavia Ovako Metals Oy Ab Ovako France S.A.S Ovako North America Inc. Ovako Polska Sp.z o.o Ovako Ltd. |
| Website | ovako |
Ovako AB is a European manufacturer of engineering steel for customers e.g. in the bearing, transportation and manufacturing industries. Since 2018, Ovako has been owned by Nippon Steel Corporation.[1]
The production is based on recycled steel scrap and includes steel in the form of bar, tube, ring and pre-components. Ovako is one of the world's largest manufacturers of seamless tubes for the bearing industry.[2]
- ^ "About Ovako - Ovako". www.ovako.com. Retrieved 2020-04-25.
- ^ "Versatile alloys and seamless tubes". Product Engineering Solutions Magazine.