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Norrhydro Group Oyj

U7X:FRA

Norrhydro Group Oyj

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  • Price (EUR)1.51
  • Today's Change0.00 / 0.00%
  • Shares traded--
  • 1 Year change-44.49%
  • Beta--
Data delayed at least 15 minutes, as of Jun 14 2024 14:29 BST.
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About the company

Norrhydro Group Oyj is a Finland-based hydraulic cylinder manufacturer and hydraulic solution supplier. The Company develops and manufactures innovative and environmentally friendly hydraulic solutions for the needs of the forest machinery, material handling, mining, construction equipment and marine industries, among others. Norrhydro offers environmentally friendly motion control solutions for mobile machinery as well as competitive advantage for its customers through energy efficiency. The Company is divided into five segments: Forestry, Material Handling, Construction Equipment, Mining and Marine & Offshore. Norrhydro has developed the digital hydraulic actuator NorrDigi in cooperation with Volvo CE. The system increases productivity and at the same time significantly reduces fuel costs and CO2 emissions in earthmoving machines.

  • Revenue in EUR (TTM)30.37m
  • Net income in EUR-1.44m
  • Incorporated2007
  • Employees166.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		NORRH:HEX since
announced		Transaction
value
Motiomax OyAnnounced08 Jan 202408 Jan 2024Announced-26.05%433.96m
Data delayed at least 15 minutes, as of Jun 14 2024 17:00 BST.
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