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Volvo, Volvo

Although Volvo was incorporated in 1915 as a subsidiary of AB SKF, a Swedish ball bearing manufacturer, the auto manufacturer was officially founded on 14 April 1927, when the first car rolled out of the factory in Hisingen, Gothenburg.

Volvo AB was introduced at the Stockholm stock exchange in 1935 and SKF then decided to sell its shares in the company. Volvo was delisted from NASDAQ in June 2007, but remains listed on the Stockholm exchange.

As a result, former mother company Renault is AB Volvo's biggest shareholder with a 20% stake (in shares and voting rights).

The day-to-day work is focused upon maintaining the global portfolio of trademark registrations and to extend sufficiently the scope of the registered protection for the Volvo trademarks.

Source: Wikipedia > Volvo





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