Veoneer Inc - Company Profile
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Veoneer Inc (Veoneer) is an automotive company. It designs, manufactures and markets products and solutions for autonomous driving, active safety, brake control and occupant protection. Veoneer’s technology offerings include vision systems, thermal sensing, radar, lidar sensors, driver monitoring systems, electronic control units, advanced driver assistance systems and human machine interaction. It offers its products and solutions for FCA, Renault Nissan Mitsubishi, Great Wall, Geely, Ford, Mazda, Volvo Cars, PSA, Jaguar Land Rover, General Motors, Hyundai/Kia and Suzuki. The company operates in the US, France, Germany, Canada, China, India, South Korea, Japan, Romania and Sweden. Veoneer is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Klarabergsviadukten 70, Section C6, Box 13089, Stockholm, 10302
Website
www.veoneer.com
Telephone
46 8 52776200
No of Employees
2,700
Industry
Automotive
Revenue (2021)
$1.7B
Veoneer Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Active Safety Systems | Autotech Services |
| Vision Systems | Highly Automated Driving Solutions |
| Brake Systems | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In January, the company acquired a stake in Baraja. |
| 2022 | Contracts/Agreements | In December, the company entered into an agreement to sell its Veoneer Active Safety business to Magna International Inc. |
| 2022 | Contracts/Agreements | In October, the company entered into an agreement with Baraja to accelerate the scale required for automotive integration. |
Competitor Comparison
| Key Parameters | Veoneer Inc | Intel Corp | Denso Corp | ZF Friedrichshafen AG | Hyundai Mobis Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Sweden | United States of America | Japan | Germany | South Korea |
| City | Stockholm | Santa Clara | Kariya-Shi | Friedrichshafen | Seoul |
| State/Province | - | California | Aichi | Baden-Wurttemberg | - |
| No. of Employees | 2,700 | 124,800 | 164,572 | 151,895 | 8,569 |
| Entity Type | Private | Public | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ray Pekar | Executive Vice President - Financial Affairs; Chief Financial Officer | Senior Management | 2021 | 61 |
| Jacob Svanberg | Chief Executive Officer | Executive Board | 2018 | 33 |
| Eric Swanson | Executive Vice President - Legal Affairs; Secretary; General Counsel | Senior Management | 2018 | 50 |
| Hakan Soderlund | Senior Vice President - Sourcing | Senior Management | 2018 | 58 |
| Scott Brawner | Senior Vice President - Customer Areas | Senior Management | 2018 | 53 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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