Hydroscand
Encyclopedia
Hydroscand is a Swedish
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

 company that sells and distributes hose and fluid connectors. The company is represented in 16 countries in Europe, Asia and Africa. Hydroscand has approximately 670 employees at over 120 branches, and has a turnover of 140 million Euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

. Hydroscand is a well known brand in Europe serving the requirements of large industrial manufacturers such as Volvo
Volvo
AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services...

, Cargotec
Cargotec
Cargotec Oyj is a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution.Cargotec was formed in June 2005 when Kone Corporation was split into two companies to be listed: Cargotec and new KONE...

 and Sandvik
Sandvik
Sandvik is a Swedish company founded in 1862 by Göran Fredrik Göransson in Sandviken. It is a high-technology engineering group and a world-leader in tooling, stainless steel alloys and materials technology, mining and construction...

 to name a few.
Hydroscand AB was established in Stockholm
Stockholm
Stockholm is the capital and the largest city of Sweden and constitutes the most populated urban area in Scandinavia. Stockholm is the most populous city in Sweden, with a population of 851,155 in the municipality , 1.37 million in the urban area , and around 2.1 million in the metropolitan area...

, 1969. Establishment of branches began in the seventies with the first one in Linköping
Linköping
Linköping is a city in southern middle Sweden, with 104 232 inhabitants in 2010. It is the seat of Linköping Municipality with 146 736 inhabitants and the capital of Östergötland County...

. Over the following decades, the Swedish organization expanded, both by starting its own branches and by acquiring collaboration partners to today's 45 branches in Sweden.
Today the headquarters is located in Sköndal
Sköndal
is a district in the Farsta borough of southern Stockholm. It neighbours to the northwest, to the west, Farsta to the southwest and to the south. To the east and partially north it neighbours the Skarpnäck borough, in particular the districts of and Orhem...

, Stockholm and operates a decentralized business with branches across Europe and Russia.

History

The company was formed in a small cellar in Örby, a suburb of Stockholm, on the 19 September 1969. During the mid seventies, branches were established in Sweden.
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