Allgon Group Information

Allgon is a market leader within the area of industrial remote control and develops a wide range of industrial use systems and products for customers in Europe, USA and Asia in the areas of mobile, transportation, construction and TMT-sectors. Allgon employs over 380 people across 18 countries. Radio remote control systems account for the majority of the turnover, largely through the complementary subsidiaries Tele Radio and Åkerströms. Åkerströms focus is on heavy industry, providing solutions with high demands on flexibility, safety and longevity primarily in Swedish markets; while Tele Radio supplies a wide range of standardized systems throughout the world. Allgon also does business in the area of Connectivity. The company has its head office in Kista, Sweden and is subject of trade on Nasdaq First North Stockholm (ALLG B) with FNCA as a certified adviser.