Scania AB

For the region in Sweden, see Scania. For other uses, see Skåne (disambiguation) and Scania (disambiguation).

Scania AB
FormerlyAB Scania-Vabis
Company typeSubsidiary
IndustryAutomotive
Predecessors
Founded1911; 113 years ago (1911)
Headquarters
Södertälje
,
Sweden
Number of locations
10
Area served
Worldwide
Key people
  • Michael Jackstein[1] (chairman)
  • Christian Levin[1] (president and CEO)
Products
ServicesFinancing, leasing, insurance
RevenueIncrease 170 billion kr[2] (2022)
Increase 12.37 billion kr[2] (2022)
Increase 7.86 billion kr[2] (2022)
Total assetsIncrease 290.66 billion kr[2] (2022)
Total equityIncrease 79.62 billion kr[2] (2022)
Number of employees
Increase 56,927[2] (end 2022)
ParentTraton
Websitewww.scania.com

Scania AB (/ˈskæniə/ SKAN-ee-ə, Swedish: [ˈskɑ̌ːnɪa]), stylised SCANIA in its products, is a major Swedish manufacturer headquartered in Södertälje, focusing on commercial vehicles—specifically heavy lorries, trucks and buses. It also manufactures diesel engines for heavy vehicles as well as marine and general industrial applications.

Scania was formed in 1911 through the merger of Södertälje-based Vabis and Malmö-based Maskinfabriks-aktiebolaget Scania. Since 1912, the company headquarters have been based in Södertälje after the merger. Today, Scania has production facilities in Sweden, France, the Netherlands, Thailand, China, India, Argentina, Brazil, Poland and Finland.[3] In addition, there are assembly plants in ten countries in Africa, Asia and Europe. Scania's sales and service organisation and finance companies are worldwide. In 2012, the company employed approximately 42,100 people around the world.[3]

Scania was listed on the NASDAQ OMX Stockholm stock exchange from 1996 to 2014.[4][5] The company is a subsidiary of Traton, part of the Volkswagen Group.

Scania's logo shows a griffin, from the coat of arms of the province of Scania (Swedish: Skåne).[6]

  1. ^ a b "Board of Directors". Scania AB. Retrieved 3 May 2021.
  2. ^ a b c d e f "2022 Annual and Sustainability Report" (PDF). Scania AB. pp. 4, 71–72. Retrieved 28 May 2023.
  3. ^ a b "Key figures Scania (2012)". Scania. Archived from the original on 30 September 2013. Retrieved 28 September 2013.
  4. ^ "Scania now a publicly listed company". Scania. 1 April 1996. Archived from the original on 14 July 2014. Retrieved 9 July 2014.
  5. ^ "Scania's application for delisting approved". Scania. 21 May 2014. Archived from the original on 3 July 2014. Retrieved 9 July 2014.