Ovako develops high-tech steel solutions for, and in cooperation with, its customers in the bearing, transport and manufacturing industries. Our steel makes our customersâ€™ end products more resilient and extends their useful life, ultimately resulting in smarter, more energy-efficient and more environmentally-friendly products.
Our production is based on recycled scrap and includes steel in the form of bar, tube, ring and pre-components. Ovako has 3,000 employees in more than 30 countries and sales of approximately EUR 1000 million. Since April 2019, Ovako is part of the Japanese specialty steel producer Sanyo Special Steel and a subsidiary to Nippon Steel Corporation that employs 93,500 globally and has a revenue of EUR 43 billion. For more information, please visit us at www.ovako.com and www.nipponsteel.com.