Ferronordic Machines: All loud on the Western front

Bought more Ferronordic Machines shares today for 143.5-147 SEK. Position is now <8% of my portfolio. The purchase was reaction to Ferro's acquisition of "certain parts" of Volvo's and Renault's truck dealerships in Germany. With the deal, Ferro moves to West-European markets from its home-base on the Eastern front, Russia and Kazakshatan. Transaction is part … Continue reading Ferronordic Machines: All loud on the Western front