AFRY explained

AFRY
Type:Publicly traded Aktiebolag
Industry:AFRY offers engineering, design and advisory services across three main sectors: infrastructure, industry and energy.
Foundation:
Malmö, Sweden
Location:Solna, Sweden
Num Locations:>100 (2020)
Area Served:Worldwide
Key People:
  • Jonas Gustavsson (CEO)[1]
  • Tom Erixon (Chairman) [2]
Revenue: 20,104 MSEK (2021)[3]
Operating Income: 1,662 MSEK (2021)
Num Employees:17,019 (2021)
Divisions:Energy, Process Industries, Infrastructure, Industrial and Digital Solutions, Management Consulting and AFRY X

AFRY AB (publ) is a Swedish supplier of engineering, design, and advisory services, with a global reach. The company originates from Sweden and it was formed in 1895 under the name of “The Southern Swedish Steam Generator Association” (Swedish: Södra Sveriges Ångpanneförening).

History

Södra Sveriges Ångpanneförening ("The Southern Swedish Steam Generator Association") was founded in Malmö on 23 February 1895. It was the first Swedish steam-pipe association to take care of the interests of the owners of steam generators and other pressure vessels. The main task was to perform regular inspections on the safety of steam boilers to help prevent industrial accidents."The Central and Northern Swedish Steam Generator Association" was formed in Stockholm in 1897, and the inspectors began to conduct consultancy services. In 1910, both associations expanded their business to include Electrical engineering. The two associations merged in 1964 under the name Ångpanneföreningen (ÅF), covering the whole of Sweden as a market.[4]

On 5 May 2008, the Ångpanneföreningen changed its name to ÅF. In 2010, the operations of ÅF-Kontroll were sold to DEKRA in a step to realign ÅF as Europe's leading engineering and consulting company. In 2019, ÅF acquires the Finnish company Pöyry PLC and are now one combined company and brand– AFRY. On December 10, 2018, ÅF and Pöyry announced a merger to form a leading European engineering and consulting services company.[5] In 2020, AFRY celebrated 125 years as a company.[4]

Structure and management

The AFRY Group is divided into six divisions: Energy, Industrial and Digital Solutions, Infrastructure, Process Industries, AFRY Management Consulting, and AFRY X(2021).

The chief executive officer since 1 April 2017 is Jonas Gustavsson.[6] From 2002 to 30 March 2017 the CEO was Jonas Wiström.[6]

Notes and References

  1. News: Jonas Gustavsson tillträder som ny VD för ÅF den 1 april 2017. ÅF consult. 16 March 2017.
  2. News: AReport from ÅF Pöyry’s Annual General Meeting 2021. AFRY. 3 June 2021.
  3. Book: AFRY AB (PUBL) YEAR-END REPORT JANUARY–DECEMBER 2021. 2–3. AFRY AB (publ).
  4. Web site: History - over 125 years of Making Future | AFRY. afry.com.
  5. Web site: AFRY website has replaced AFconsult . 2022-08-13 . afry.com . en.
  6. News: Han blir ÅF:s nya VD!. dead. https://web.archive.org/web/20180103072644/http://teknikdygnet.se/2017/01/30/han-blir-afs-nya-vd/. 2018-01-03.