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14 Nov 2014 08.39
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Stig Engström awarded the Sven O Persson honorary prize at the Golden Gala

On Thursday evening, Stig Engström, founder and principal owner of technology company engcon, was awarded the Sven O Persson honorary prize at the Östersund Golden Gala.

"I'm both happy and honored to receive this award. Sven O Persson was an entrepreneur who was as honest and capable as the day is long and a role model for me as a businessman,” says Stig Engström.

"This is Jämtland County's own Nobel prize," continues Stig Engström with a glint in his eye.

The Golden Gala in Östersund seeks to honor dynamism and enterprise in Jämtland County. It awards companies and entrepreneurs who have distinguished themselves through such things as high-growth, creative marketing and smart innovations.

The Sven O Persson honorary prize awarded to Stig Engström pays tribute to his exemplary business achievements during 2014. The award takes its name from entrepreneur Sven O Persson, born in 1900 in Östersund. He began his business career trading horses but in the 1930s he took over Volvo's sales in Östersund and founded Bilbolaget. The company grew with the popularity of automobiles, and he invested his profits in new businesses. This laid the foundations for Persson Invest, which today has annual sales of just over SEK 4 billion and more than 1000 employees.

The jury's motivation:

”Since he went into business in 1990, the winner of this year's Sven O Persson honorary prize has built up a growing business group that today includes around 10 companies. With his wealth of ideas, the person behind this enterprise has developed new products and new markets and created a company that does business internationally in Europe, the USA and Australia. This dynamic entrepreneur has led his company to achieve robust growth and succeeded in staying afloat through periods when demand and markets receded in an extremely cyclic industry.

For this successful, enduring entrepreneurial effort, this year's award winner is a truly worthy recipient of the Sven O Persson honorary prize for exemplary business achievement for 2014.”

Stig Engström from Strömsund founded engcon just over 25 years ago. The central core of the company is the tiltrotator – a smart unit that allows an excavator to both tilt and rotate its bucket. It makes machines safer, more efficient and more profitable. Today, engcon is a world leading technology group with three brands of construction machine accessories for excavators, tractors, wheel loaders, road graders and trucks. engcon has its own sales companies around Europe, and distributors and dealers throughout the world. The company was nominated Marathon Gazelle by the business daily Dagens Industri. engcon currently has annual sales of around SEK 600 million and 165 employees.

For further information about engcon and Stig Engström, please contact:

Sten Strömgren, Communication Manager, engcon Tel: +46 (0)70-529 96 32 Email:


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