Largest companies in Sweden 2020, by turnover
The two Volvo companies, Volvo AB and Volvo Car AB seized the two top spots on the list of the top twenty companies with the highest turnover in Sweden as of February 2020. Ranked first was Volvo AB, with a turnover reaching 390 billion Swedish kronor. Volvo AB (also known as Volvo Group) is a world leading manufacturer of mainly trucks, but also buses, and marine and industrial engines.
Volvo Cars AB ranked as second
Selling more than 65 thousand cars in Sweden in 2019, Volvo Cars AB was ranked second in the top twenty companies ranking in Sweden, with a turnover of more than 252 billion Swedish kronor. Volvo Cars used to be part of Volvo AB until 1999 and is today owned by the automotive company Geely.
Volvo Group on a global scale
Volvo Group’s net sales on a global scale has been increasing during the last couple of years, reaching the highest net sales value over a ten-year period in 2018, when sales amounted to 391 billion Swedish kronor.
Volvo Cars AB ranked as second
Selling more than 65 thousand cars in Sweden in 2019, Volvo Cars AB was ranked second in the top twenty companies ranking in Sweden, with a turnover of more than 252 billion Swedish kronor. Volvo Cars used to be part of Volvo AB until 1999 and is today owned by the automotive company Geely.
Volvo Group on a global scale
Volvo Group’s net sales on a global scale has been increasing during the last couple of years, reaching the highest net sales value over a ten-year period in 2018, when sales amounted to 391 billion Swedish kronor.
