More about Ymer.

The Board of Directors of Ymer Technology AB consists of three independent directors and the two founders of the company.

It has been important to Ymer Technology AB to recruit and work with a Board of Directors with complementary skills on building first-class international businesses.

The Board of Directors meets regularly, usually at the different sites of the Group and also participates at different employee venues. The Board of Directors focuses on strategy, new considerations, key account and prospect ventures, key operational considerations and organizational development.

Michael Byström
Chairman of the Board
Founder of Ymer Technology.
Former Senior Executive
Olaer Industries.

Alan Godfrey
Director of the Board
Former Senior Executive at
Modine Europe GmbH.

Esa Sulkakoski
Director of the Board
Financial Advisor. Former
consultant at PWC, HSBC and
Samuel Montagu.

Jonas Florinus
Director of the Board
Industrial Advisor. Former
Senior Executive at ABB,
Vattenfall and SEB.

Fredrik Peterson
Director of the Board
Chief Executive Officer. Founder
of Ymer Technology.

The Executive Management of Ymer Technology consists of the Heads of the two business units, the Head of Production and various Heads of staff functions.

Fredrik Petersson
Chief Executive Officer
Former Nissens A/S.

Anders Felling
Head of Business Unit
Off Highway
Former Westermo, Volvo and others.

Jörgen Krogh
Head of Business Unit
Wind Power
Former Oiltech.

Andreas Mehner
Head of Production
Former TitanX, SafeRoad Group and others.

Tomas Nyström
Head of Procurement
Former A.P. Möller, Vestas and others.

Charlotte Holmlund
Chief Financial Officer
Former Siemens, Bewator and others.

Mattias Söderholm
Business Control
Former Recipharm and System 3R.

Rikard Eriksson
Head of Engineering
Former Parker Hannifin, Olaer and others.

Stefan Karlsson
Site Manager, Ymer Production.

Country heads

Jia Dong
Site Manager, China

Cyril Therenthy
Country Manager, France

Josef Graubmann
Managing Director, Germany

Tracy Long
Sales, USA

Jon Hitt
Technical, USA

As a privately held group of companies owned and operated by its founders and management team, we have been able to place a premium on profitable growth.

Revenues

This has led to strong, healthy growth and revenues of around $60 million USD (500 million SEK) during our first decade. We know that our financial soundness is important to our customers as well as to our company, as it allows us to make the investments in people, R&D, facilities and systems that bring innovative, creative solutions to each assignment.

Financial Discipline

We have sought since the very beginning of the company to make prudent financial management one of our core competencies. Managing Ymer Technology’s finances based on best practices not only secure our long term success but makes us a more attractive and competitive option for our customers.

At Ymer Technology, we pride ourselves on practicing our Five Cornerstone Principles of Financing:

Sourcing – we put a lot of effort into developing and nurturing our sourcing and purchasing operations, including continuously and diligently working on pricing, payment terms and the financial performance of our growing business. While doing this, we are continually conscious of building partnerships with our suppliers and of the importance of their financial soundnes. Beyond the financial relationship, we seek to encourage creativity and imagination in their offerings in order to help us in our mission to innovate.

Inventory Turnover – we operate with dynamic safety inventory closely together with our suppliers to be able to give our customers timely, first-class, non-interruptive deliveries. We also strive to run lean with just-in-time deliveries and first class logistics to truly minimize working capital requirements.

Payment terms – we negotiate extensively with our suppliers and our customers on payment terms. With company payment terms important to our cash flow, we put a great deal of effort into this area to be sure we have the resources available for sustainable technological innovation on our customers’ behalf.

Financial control – we have built our financial monitoring and control capabilities to support our business with timely, fact based and actionable information. We continuously invest in our group-wide ERP system, finance and business control functions, which are so important for staying innovative and competitive.

Banking relationship – we put the same effort into nurturing our long-term relationships with the banking community as we do with our own customers. To us, our banking partnerships are a criucial piece of the Ymer Technology success story.

Lifetime management

The end customers of Ymer Technology make huge investments in off highway machines and wind power generators and aim for optimal lifecycle management of these assets. We never forget the contribution that spearheading innovation in heat transfer technology can make to our customers’ bottom lines – if that asset runs more efficiently or stays operational longer than planned, those savings impact the profit line. This is one of the important ways in which Ymer contributes to our customer partnerships.

Code of Conduct

At Ymer, being a good corporate citizen is seen as being an integral part of the way we do business. It is reflected in our values that we believe in our leadership, our employee concept, and our mission and vision. This is communicated internally and externally through “Ymer Code of Conduct”.

We are committed to work and promote responsible practices in general and throughout our company. Our aspiration is to ensure that all our employees and partners acknowledge our values and share our commitment to conduct business in an ethical, legal and socially responsible manner. We strive to continually improve within the areas of human rights, labour standards and the environment and to work against any form of corruption.

We strongly believe that implementing a “Code of Conduct” will create value for all parties and this is a step to establish a long-term sustainable relationship with our partners, our employees and the societies where we operate.

Our Code of Conduct reflects our commitment to the UN Global Compact and is based on universally recognised normative standards such as the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises.