On Thursday evening, Stig Engström, founder and principal owner of the engineering company engcon, was awarded the Sven O Persson Honorary Prize at the Guldgalan in Östersund, a gala for the entrepreneurs of Jämtland in Sweden.
"I am both touched and honoured by this award. Sven O Persson was an entrepreneur who was just as skilled as he was honourable and a great role model for me as an entrepreneur," says Stig Engström.
"This is kind of a Jämtland Nobel Prize," continues Stig Engström with a twinkle in his eye.
Guldgalan in Östersund is an homage to the drive and enterprising spirit in Jämtland County. Companies and entrepreneurs who distinguished themselves with, for example, high growth, creative marketing and smart innovations are awarded there.
Sven O Persson's Honorary Prize, which this year went to Stig Engström, honours a model business move in 2014. The prize was named after the entrepreneur Sven O Persson, who was born in Östersund in 1900. He began his career trading horses and at the beginning of the 1930s took over the sales of Volvo in Östersund and founded the company Bilbolaget. The company grew as car driving expanded and the surplus was invested in new businesses. This became the foundation of the company Persson Invest, which today has sales of more than SEK 4 billion and more than 1,000 employees.
“This year's winner of the Sven O Persson Honorary Prize has built a growing corporate group from the beginning in 1990 and there are some ten companies in the group today. The person behind the company has worked on the development of new products and new markets with extensive inventiveness, which has resulted in the company being in an international market today in Europe, the USA and Australia. This dynamic entrepreneur has led his company to strong growth, where in an industry sensitive to economic fluctuations he has managed to make his way through periods and markets with declining demand.
For this successful entrepreneurial effort over many years, this year's winner is a very worthy recipient of the Sven O Persson Honorary Prize for Excellent Entrepreneurship 2014.”
Stig Engström from Strömsund founded engcon almost 25 years ago. The company is built on tiltrotators, a smart tool that allows an excavator both to tilt and rotate the bucket. This is something that makes the machines more profitable, efficient and safe. Today, engcon is a world leading group of engineering companies with three brands with construction accessories for excavators, tractors, wheel loaders, road graders and trucks. Engcon has its own companies throughout Europe and distributors and dealers around the world. In 2009, the company was named a Marathon Gazelle by Dagens Industri and this year had sales of approximately SEK 600 million and 165 employees.
Sten Strömgren, Communications Manager, engcon
Tel: +46 (0)70-529 96 32
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