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Ovako expands use of Invest for Excel

September 27, 2005

OVAKO, one of the leading European producers of long special steel products, expands the usage of Invest for Excel Enterprise software to cover: Group Headquarters (Upplands Väsby, Sweden), Ovako Wire (Taalintehdas, Finland), Ovako Bar (Vantaa, Finland), Ovako Bright Bar (Uppsala, Sweden), Ovako Tube & Ring (Hofors, Sweden).

Ovako is a leading European producer of long special steel products for the rolling bearing, heavy vehicle, automotive and engineering industries. Production consists of low alloy and carbon steels in the form of bars, wire rod, tubes, rings, forgings and pre-components.

The company has 16 production sites and several sales companies in Europe and the USA. Net sales in 2004 were EUR 1.3 billion. The company employs 4,600 people. Total steel production is 2 million tonnes.

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