Orio AB. Replacement in Nyköping.

Replacement in Nyköping. Orio AB CEO Jonas Tegström will leave the company after 5 years. The search for a successor is already running. The change also has something to do with Swedish politics. And with an old promise.

Orio logistics center in Nyköping. Image: Orio AB

Jonas Tegström has been managing the business of Orio AB for 5 years. Under his direction, the former Saab Automobile Parts AB from an after-sales supplier for Saab to a logistics company for external companies. The logistics business in Nyköping is going well, Orio has established itself on the market. Also, the business with Saab spare parts, the roots of the company, is still profitable. Although the number of registered vehicles with the Saab Greif on the hood is internationally consistent. But it is shrinking more slowly than predicted in the original planning.

Saab spare parts profitable

And even if Orio persistently ignores some segments, such as supplying the classics with reproductions: The trade in Saab spare parts continues to be profitable. By no means all of the strategies that Tegström put through during his time in Nyköping were so successful and could establish themselves in all markets. Recently, the company had to report losses due to high depreciation, and the number of employees halved in the last 5 years from once 400 to only about 200. With strict cost discipline Tegström was recently optimistic to be able to return to the black in this year. Now the search for his runs Successor and the current CEO will remain in office until its inception.

The reasons for this could, apart from the disappointing development, also be reflected in the eventful history of the company. The highly profitable after-sales subsidiary served the state as a pledge for an EIB loan of 2 billion Swedish kroner to Saab Automobile AB. With the closing of the factory gate in December 2011 the Swedish state took over the enterprise a year later and holds it since then.

The then government prized the value on 2.5 to 3 billion crowns and gave the promise that the taxpayer should not stand for the loan. Since then, development in Nyköping has been in the public interest, even though the government in Stockholm has changed hands in the meantime. After all, the values ​​estimated at the time proved to be overly optimistic in the following years and had to be corrected downwards by the Riksgålden.

Political pressure, an old promise

Most recently in April of this year, the topic came back to the public. Despite the positive outlook for the next few years, the Minister of Economic Affairs had to Ibrahim Baylan admit that the value of the basically profitable company has fallen in recent years. He promised the public to minimize the loss of tax revenue.

Tegström's optimistic predictions may not have been convincing enough for this goal. After 5 years, another one will take the company operating in 52 countries into the future.

7 thoughts too "Orio AB. Replacement in Nyköping."

  • PING! ! !

    Funny. Just this morning, for whatever reason, I've been thinking about not having read about Orio for a while. Ping, and there's something ...

    Aspect wise, even good. For example, the number of approved SAABs declines more slowly than predicted. And it's quite possible that the shrinking process of the fleet will continue to slow down because the remaining SAABs are increasingly in the good hands of true friends of this brand.
    Not only does the wheat chaff separate, but so does the consumer from the owner. And property committed.

    Let's hope that Orio and the upcoming CEO also make something of it. That they see in it much more than just a lemon that you can still squeeze a little.

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  • Maybe it's time for a female CEO of SAAB understands?

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    • Pippilotta Viktualia Rullgardina Krusmynta Efraimsdotter Långstrump would be pretty cool ...

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    • UNDERSTANDING

      Even the youngest SAABs are slowly getting old, which makes it possible to identify typical vulnerabilities and typical long-term deficiencies for each model. For example, the taillights of the 9-5 NG. But also for many other parts of other models ...

      • After all, what exactly wears on and eventually fails and when does it fail and which model fails?

      • How many vehicles of the respective model are on the way?

      • What must the Orio product range look like so that as many SAAB drivers as possible can correct common deficiencies?

      • What should possibly be added to the product range when time and models are ready for it?

      • How to economically and profitably achieve the lowest possible shrinkage process of the SAAB fleet?

      I think the one or the CEO asking this question and finding answers is quite simply the one or the right CEO. Everything is private and no matter what ...

      These damned three articles in High German and their influence on thinking. Awful …
      Ur-Berliner just think, who, the or the CEO? I'm shitjal. The main thing is that the (!) CEO does a joke job.

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  • Thanks for the info about Orio, which turned out to be too optimistic for me:
    Quote: ... is going well, ... establishing in the market, ... as before profitable, ... approved coffins shrinking more slowly.
    The 1. Part of the article sounds promising, but that's about it.
    After that, it is more with "high losses", depreciation, MA layoffs on. Less optimistic so ...
    Since it is obvious that the CEO should soon take his hat. Especially since the state S expects some crowns ...
    I rather HOPE that Orio "gets the curve" and the "shrinking process" shows long term success.
    Orio seems to be the "Achilles heel" in the SAAB spare parts supply ...
    The new CEO "creative ideas"! For all involved then good.

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  • Shows probably that the remaining Saabs more and more comes in lovers hands and thanks to Orio it is not difficult to keep the cars. From time to time extra actions like the spring and we can have a lot of fun for a long time

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