Orio, our Saab Original Spare Parts supplier, is asserting itself in a difficult environment. The market situation is characterized by tough competition. In addition, sales of Saab spare parts are falling sharply. Unexpectedly, this does not happen, because the Saab stock is continuously shrinking.
It's shrinking slowly and not as dramatically as expected. In addition, those responsible in Nyköping have done a lot to keep the company on course.
Decline in sales of around 20%
The waning Saab stock leaves its mark on the balance sheets. In the second quarter 2018 went the Revenues by more than 20% back, The business with original Saab spare parts is declining, the new business areas can not absorb the decline. Because with the offers for other brands Orio meets a competitive market with strong competitors. The company still remains in the black, the restructuring measures of the past have a positive effect. After all, the logistics sector developed positively and has been one of the hopefuls for the Nyköping location in recent months.
Orio loses Opel as a customer
Unfortunately, an unpleasant news seldom comes alone. Was on 15. August still saw the logistics sector as the future for Orio, so came with a message 5 days after an unexpected surprise. Orio AB was previously responsible as a logistics partner for the distribution of Opel spare parts in Sweden and Denmark. With the sale of the Opel brand to PSA also changes the organizational structure, the French sent a notice to Sweden.
To the 1. November 2018 runs Opel's After Sales Distribution over PSA channels, and Orio loses a lot Volume, 36 employees at the historic Saab site in Nyköping need to find another job.
Orio will continue to compete in a highly competitive market. Against this background, it is somewhat surprising that in the Orio-exclusive Saab business some positions are vacated without necessity. Again and again, parts that are important to Saab and that are available from the competitor are not available or are being dropped off. The Swedes must be careful that third parties do not take more and more of their core competence.