Strategic evaluation of Fortaco’s marine, energy, and heavy project businesses ongoing

Strategic evaluation of Fortaco’s marine, energy, and heavy project businesses ongoing

Fortaco has started a strategic evaluation of its marine, energy, and heavy project business. These business areas represented less than 10 per cent of overall net sales in 2023 and had negative EBITDA. The Fortaco business sites operating in these segments are located in Finland, Hungary, and Serbia.

The strategic evaluation is expected to be completed during H1 2024.

Further information

Lars Hellberg 

President & CEO, Fortaco Group   

+358 40 572 9488   

lars.hellberg@fortacogroup.com

Fortaco Group
Fortaco is the leading brand independent strategic partner to the heavy off-highway equipment and marine industries offering zero emission solutions and technology, assemblies, vehicle cabins, and steel fabrications. Fortaco Group has operations in multiple European and Asian Business Sites and Technology Hubs, which are supporting our global customers.

www.fortacogroup.com


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https://news.cision.com/fortaco-group/r/strategic-evaluation-of-fortaco-s-marine–energy–and-heavy-project-businesses-ongoing,c3937885


Press release Marine energy large projects business_28-02-2024_ENG

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