The group is an active and long-term owner whose mission is to drive business development and growth. It builds and develops groups of companies with shared strategic objectives, stimulating joint initiatives and knowledge sharing. Axel Johnson International has five business groups:
- Fluid Handling Solutions,
- Industrial Solutions,
- Lifting Solutions,
- Power Transmission Solutions and
- Transport Solutions.
Axel Johnson International has an entrepreneurial culture where decentralised and committed leadership enables quick decisions. The group has four focus areas: digitalisation, service, sustainability and people development. Axel Johnson International is headquartered in Stockholm, Sweden.
IOW Bulgaria is an engineering company, providing cutting-edge technical solutions, trade and service with components for the needs of original equipment manufacturers (OEM) and for the aftermarket. Among the sectors we are operating in, are
- mechanical engineering,
- construction equipment,
- mining machines,
- agriculture equipment,
- marine sector,
- railway machines,
- material handling,
- truck and bus industry.
We offer an innovative, vast range of high quality customized products,
- like drivetrain components,
- mechanical gearboxes,
- power hydraulic,
- cooling systems,
- filtration technologies and others.
Our own service centre ensures capability for repairing guarantee and non-guarantee components.
IOW Group was established and first office was set up in Poland. With its diversified business activities, it covers initially the territory of Central Europe and continuatively expanding. Nowadays with more than 25 years of experience, IOW brand is well recognized as market leader and service provider of hydraulic components.
IOW Bulgaria was registered as a legal independent entity, responsible for the development of Eastern Europe market. Over the years, growing customer needs have created prerequisites for adopting the model of a constantly changing and renewing company. Today we are situated in our own building property (Sofia, German), ensured with office and warehouse zone, service and workshop area. We are proud to be certified as one of the limited worldwide Dana Spicer® Product and Service Centers, covering the territory of Bulgaria, Romania, Serbia and Macedonia. As part of our expansion, the Romanian representative of IOW Bulgaria was opened in 2019 (Bucharest).
Since 2017 IOW Bulgaria, as well as the whole IOW Group is part of Axel Johnson International’s business group “Industrial solutions” and a sister company to Trans-Auto AB, which is active in distribution and service of mobile and marine drivetrains in the Nordic markets and in Russia.
ALONGSIDE CUSTOMER NEEDS AND SHARING KNOWLEDGE
As part of Axel Johnson International, we share integrated sustainability policies that require a common understanding of future engagement, practices and goals. Sustainability is a priority focus in all of our far-sighted strategies, with the core value to be recognized as a corporate style and culture. We understand that this is a constant process requiring everyday endeavours and a long-term attitude towards minimizing the impact of business activity. For that reason, we set key criteria – as part of our performance indicators. Our constant efforts put an emphasis on the following significant areas: