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AN N UAL R E PORT 2016 1

Annual Report 2016

2 AN N UAL R E PORT 2016


Report from the President 4

2016 in brief 5

The Swerea Group 6

Notices 8

SWEREA'S SUBSIDIARIES

Swerea IVF 10

Swerea KIMAB 11

Swerea MEFOS 12

Swerea SICOMP 13

Swerea SWECAST 14

Notices 15

The Board and Management Group 16

Areas of expertise 17

Income Statement and Balance Sheet 18

CSR in collaboration for greater sustainability 19

Member and interest-group companies 20

IT IS A GREAT ADVANTAGE to be able to work in a research group and be part of an ongoing development ef-fort together with industry. Often, small advances are made, but entirely new technologies sometimes bring about change in great leaps and bounds.

The spaceship economy, often referred to as the circular economy, which has to do with managing finite resources, is one of the most signifi-cant drivers of development. Indus-

trial companies are improving their sustainability in various ways and many of them base their work on the 17 global targets which world lead-ers have embraced via the UN. For many companies in different sectors, Swerea is a knowledgeable part-ner that can provide the necessary expertise, experience and equipment. In addition, improved sustainability is a parameter that characterizes all of Swerea's projects.

ALL DEVELOPMENT WORK ben-efits from the meetings that take

place at the crossroads between different industries and spe-cializations, and in meetings between people with differing knowledge and experience who bring new perspec-tives on complex challenges. Swerea has 700 member companies, customer companies and partners throughout the world. Our

employees represent about thirty nationalities, we have an

even age distribution, a growing number of women among our researchers and technicians and

an even gender distribution in our management group. For us, this is

a way of creating good conditions for development. Diversity benefits innovation and Swerea has plenty of crossroads where people with

widely ranging backgrounds and competencies meet

to pursue research and development. Cutting-

edge expertise and

well-defined goals guide innovation to create benefit for industry.

Technological development is progressing rapidly and, not least, additive manufacturing and digitaliza-tion are opening new possibilities for many companies. Swerea is an important collaborative partner that helps industry to strike a balance between investment in new technolo-gies and demands on resilience and compatible solutions, and between the development of materials, compo-nents and systems solutions.

After several years of weak returns, the Swerea Group has stabilized its finances during 2016. We have lowered fixed costs within areas of our operations while at the same time investing, for example, in the acquisi-tion of a sheet metalworking opera-tion as a complement to our testing and demonstration facilities, and we are now in an even stronger posi-tion to meet the future. Collaboration with RISE continues to be profitable and we are met by complementary competencies in research and deve-lopment projects. The Swerea Group has good opportunities for continued growth and to contribute actively to a sustainable future for industry and society.

I LOOK FORWARD to an exciting 2017 with new and continued col-laboration for competitiveness and sustainability.

Göran CarlssonPresident and Chief Executive Officer, Swerea Group

The driving forces of development


The driving forces of development

The Swerea Group's turnover amounted to 683 million kronor.

Income from industry accounted for 52 (48) percent of revenue. Joint European research activities accounted for 10 (8) percent of revenue. National programmes with public-sector funding accounted for 38 (44) percent.

The Swerea Group's operating income amounted to -8.1 (8.8) million kronor and income after net financial items was -4.7 (15.4) million kronor.

The total number of employees is 534 (532).

Turnover per subsidiary (MSEK) 2016 2015

Swerea IVF 225 243

Swerea KIMAB 230 247

Swerea MEFOS 129 124

Swerea SICOMP 54 55

Swerea SWECAST 50 57

Swerea AB 29 30

Elimination of intercompany transactions -34 -45

Total 683 711

2016 in briefFigures from the previous year are given in parentheses

20162012 2013 2014 2015

Swerea SICOMP

0

100

200

300

400

500

600

700

800

Swerea SWECAST

Swerea MEFOS

Swerea KIMAB

Swerea IVF

Revenue, excluding eliminations 2012–2016 (MSEK)



The Swerea Group creates, refines and disseminates research results within materials sciences, manu-facturing engineering and product engineering for sustainable industry. Circular economy is one of the most important drivers of development, and the projects resolve current challeng-es in a sustainable and future-safe way. Collaboration among the RISE institutes broadens and enriches our customer offering.

Dialogue with industrySwerea has a good dialogue with industry on current and future needs. "The Future of Industry", a report produced by Swerea and Kairos Future, supports this dialogue. Here, the trends are identified and we investigate what they mean for indus-try. What are the obstacles? Which

strengths and opportunities can be discerned?

Competencies, labs and demosSwerea provides scientific and techni-cal expertise and advanced facilities for laboratory and demonstration-scale experimentation. Within the five institutes, commissioned industrial R&D projects are conducted and stra-tegic development and collaboration are pursued at the group level. Both academia and research institutes play a crucial role in the Swedish innova-tion system and Swerea has good, long-standing collaboration with the leaders in our areas of expertise.

700 companiesSwerea's industrial owners represent 450 Nordic-based companies. In ad-dition to these there are a further 250

companies which have agreements with Swerea or participate in multi-year research programmes. With high-level competencies, facilities for experimentation and high capacity for computation and simulation, Swerea helps to strengthen competitiveness among these 700 companies.

There are no shortcutsIndustry is part of the solution to the great challenges and Swerea is a knowledgeable and committed part-ner on that journey. Sustainability is a central factor in all projects in which Swerea participates. There are no shortcuts. We consider the entire life-cycle and the ecological and social aspects of the product or process.

Fundamentally, for industry, the major issues with respect to the future have to do with sustainability and competitive advantage. Materials research is a key component of this development, which is why Swerea is an important partner for the companies we support. Materials are part of the solution to many future-related problems and are the focal point of innovation.

For Swerea, materials development is an ongoing part of our research and our projects have to do with everything from visionary trends to con-crete industrial challenges. Swerea has a vital role in utilizing research findings and synergies that can bring benefit to industry.

Innovative research and benefit for industry

Member programmes 10% National programmes 38% EU programmes 10% Industrial R&D programmes, etc 42%

Operations perprogramme block, 2016

VisionSwerea is the leading Swedish research group for industrial renewal and sustainable development.

Business conceptThe Swerea Group creates, refines and disseminates research results within materials sciences, manufacturing engineering and product engineering for sustainable industry.

* Intressentföreningen för Korrosionsforskning, Metallurgiska Forskningsbolaget i Luleå, Stiftelsen Svensk Järn- och Metallforskning, Swerea IVFs Intressentförening and Svenska Gjuteriföreningen

Ministry of Enterprise and Innovation100%

About 450 companies

Swerea IVFProgramme council

Swerea KIMABProgramme council

Institut de laCorrosion

Swerea MEFOSProgramme council

Swerea AB

RISE

Swerea SICOMPProgramme council

Swerea SWECASTProgramme council

100%

100%

100%

100%

100%

43%

57%Five owner-associations*


Jönköping

Trollhättan

Eskilstuna

Linköping

Mölndal

Stockholm

Brest

St Etienne

Piteå

Oslo

Luleå

The Swerea Group

Olofström

≤ 29 years 10% 30–39 years 23% 40–49 years 30% 50–59 years 27% ≥ 60 years 10%

Age distributionPercentage of total 534 persons

BSc engineers or equivalent 7%

MSc engineers 46% * PhDs 34% Other 13%

Of people above, 12 people holdprofessorships.

*Of which 16 are doctoral students.

Level of educationPercentage of total 534 persons

Women/men

175 359

Total number of employees534

62 Current

EU/RFCSprojects

203 Papers

presented atconferences

87 Publications in scientific

journals

Of which we coordinate

14

kronor in a Swedish project concerning recycling of batteries The aim of the project, which is being run by Swerea MEFOS, is to develop an efficient process for recycling alkaline batteries The new recycling concept will be adapted for the specific battery chemistry and meet requirements in terms of efficiency, environmental concerns and economical operation The recovered and upgraded material will be utilized in industry for battery manufacturing The target is to recover 80 percent of the material in the batteries

Swerea SICOMP invests in additive manufacturingWith additive manufacturing we can produce geom-etries that are not possible or otherwise very expensive to make using conventional methods To investigate the advantages of additive manufacturing and improve our understanding of the technology, Swerea SICOMP has invested in a 3D printer for composites The printer can print polyamide reinforced with glass, carbon or aramid fibre, giving the printed components mechanical properties comparable to those of aluminium

Together with existing equipment for 3D scanning and CAD software, the new printer presents great pos-sibilities for innovative product development

A lightweight, durable materialAluminium reinforced with silicon carbide makes prod-ucts both light and wear-resistant Swerea SWECAST is managing the MACS project, the aim of which is to increase use of the material in industry by lowering costs and improving manufacturing efficiency

“We want to identify components that are not cur-rently cast in aluminium, but perhaps in iron or steel, and then convert the material Alternatively, we would like to review the objects that are made of aluminium, but in a different process,” says project manager Marie Fredriksson, Swerea SWECAST

The aim of the project is to develop the process for the use of a metal-matrix composite in which aluminium is reinforced with silicon carbide Another aim will be to present applications that are 30 percent lighter than cur-rent components at a cost that is 30 percent lower than the current cost of producing metal-matrix composites

Muon detector “sees through” furnacesBy measuring the number of muons in the air it is possible to detect density differences in materials and processes Swerea MEFOS has built a muon detector that can be used to study blast furnace and low shaft furnaces, despite the aggressive environment The equipment is portable and can be used for testing in an industrial setting By using muon technology to study furnaces while they are operating, the hope is that better process control and, thereby, better energy and material efficiency, can be achieved

NOTICES

Swerea IVF has taken over operations at IUC in OlofströmSwerea IVF took over operations at IUC in Olofström AB as of 1 September 2016 The establishment also means that Swerea's entire offering of research and develop-ment services within materials and manufacturing will be more accessible for businesses in the region The intention is to further develop existing expertise in the technology and production area Stamping (the entire process surrounding pressing), which will pave the way for a global Stamping Centre of Excellence

The acquisition of operations at IUC in Olofström also gives Swerea IVF access to unique know-how and equipment that complements Swerea's own resources in, above all, forming and tooling

Maria Åstrand, new Managing Director of Swerea KIMABMaria Åstrand was appointed Managing Director of Swerea KIMAB as of 1 June 2016 Most recently, Maria was production manager at Sandvik Machining Solutions and also has more than 13 years of experience in R&D at Sandvik Coromant and Sandvik Machining Solutions She succeeded Staffan Söderberg, who has retired

“Maria has many years of experience in industry Her ac-ademic background in combination with her leadership ex-perience provides an excellent platform for Swerea KIMAB to continue creating benefit for our clients in industry,” says Göran Carlsson, president and CEO of Swerea

Maria has an engineering MSc and completed her doctorate in the field of surface coating at the Ångström Laboratory at Uppsala University

Research project enables dramatic increase in battery recyclingSweden is the leading nation when it comes to collecting spent batteries, but currently lacks capacity for domestic upgrading of the recovered material Instead, the bat-teries are exported and treated in costly and ineffective processes in Germany, Switzerland or France

The Swedish Foundation for Strategic Environmen-tal Research, Mistra, is investing eight million Swedish


New Managing Director at Swerea SICOMPBengt Wälivaara was appointed Managing Director of Swerea SICOMP effective 1 January 2017 He succeed-ed Hans Hansson, who has retired Bengt was previously department manager and head of Swerea SICOMP's operations in Linköping

“Over the past four years Bengt has worked together with the region's business community to build up Swerea SICOMP's operations in Linköping This gives him an excellent platform for his new role as managing director,” says Göran Carlsson, President and CEO, Swerea

The former managing director, Hans Hansson, has been very successful in developing Swerea SICOMP into a vital component of the Swedish innovation system

New arena for 3D up and runningA Swedish arena for additive manufacturing has now been established It was kicked off with a seminar with a focus on 3D printing in metal Several interesting pres-entations were given during the seminar, one of which explained how it is possible to build a moon base using 3D technology

The seminar marked the official start of the members' programme “The Swedish Arena for Additive Manufactur-ing of Metals”, which Swerea has initiated, together with Chalmers, University West and15 other participants

The purpose of the arena is to boost the rate of re-search and education, and ultimately strengthen Swedish competitiveness in this area

How can we navigate towards a circular economy?In the recently started Re:Source project, Polcirkeln, Swerea IVF, Profu and IVL are investigating policy meas-ures that can lead to more circular consumption and waste flows to determine which possible effects these measures may have

The first step will be to involve several actors in order to gather knowledge concerning current status, obstacles and possibilities for enabling more circular material flows The project will also highlight key issues and factors sur-rounding policies that will bring about a functioning circular economy This will be accomplished by outlining various policy-measure scenarios and analysing the possible out-comes One scenario might be that Sweden goes farther than other EU countries in achieving circular material flows The project is being managed by IVL and Profu

Honorary Doctorate from Deakin University Professor Bevis Hutchinson, senior scientific advisor at Swerea KIMAB, was awarded an honorary doctorate at Deakin University in Australia in April 2016 This distinc-tion is in recognition of several years of research collabo-

ration with the Centre for Frontier Materials at Deakin and several extended visits to Australia that have resulted in, among other achievements, 14 joint publications

Unique properties with powder in the mouldWhen cast iron and iron powder are combined, there are several positive effects, including better wear resistance and corrosion resistance Together with Höganäs, Swerea SWECAST has also investigated how the method can be used in industrial-scale production

Powder metallurgy and component casting share several common denominators Both methods result in higher ma-terial utilization and are suitable for manufacturing complex geometries In a prestudy called P-cast, Swerea SWECAST has worked with metal-powder producer Höganäs to study, and test in pilot scale, the potential for combining the two manufacturing methods

In the project, through pilot-scale casting in 3D-printed casting moulds, researchers have identified unique surface properties in the finished cast product

Better dialogue will eliminate hazardous chemicals in textilesSwerea IVF is now hosting the so-called Textile Dialogue, which was initiated by the Swedish Chemicals Agency and will hasten the phasing out of hazardous chemicals The goal is to engage more companies from the chemicals and textiles industries in the dialogue

Large quantities of chemicals are used in the production of textiles, not least during pretreatment and dyeing These chemicals can have hazardous properties and, as textiles are skin-tight and washed regularly, there is a risk of harm to the body as well as the environment

The Chemicals Group at Swerea IVF is now working to get more textile companies interested in joining the Textile Dialogue The group is also considering the possibility of establishing a parallel dialogue with chemicals suppliers and trade organizations for chemical companies

5.5 million kronor for a testbed for sensors and sortingThe testbed Sensors and Sorting for Innovative Recycling (SenSoRe) has been granted 5 5 million kronor via Vin-nova's new initiative for environmental technology testbeds The testbed will support the development of new Swedish environmental technology and ultimately generate new employment opportunities in Sweden

Swerea KIMAB, IVL and RISE Acreo will join forces with companies in the recycling sector to build a testbed where various technologies for detecting and separation of environmentally hazardous waste will be combined in an integrated, industrial-scale sorting and separation system

“This initiative makes it easier for Swedish companies to gain access to new technological innovations in recycling This is a new forum for collaboration among optics and technol-ogy companies, recyclers and producers,” explains Tania Irebo Schwartz, project manager and coordinator for the testbed

NOTICES



Product and production development, manufacturing efficiency and work organization. Industrial manufacturing processes: Sheet metal forming, mixed materials, surface finishing and heat treatment. Work environment and energy. Materials development: Textiles, plastics, rubber, ceramics and metals. Electronics packaging and hardware reliability. Materials analysis, testing and certification.

CIRCULAR BUSINESS PROCESS-ES are gaining ground in Swedish industry. While high performance at a good price is important, it is just as important to demonstrate that the product is part of a circular business model, whereby materials and en-ergy are transferred to new industrial operations with minimal environmen-tal impact. Part of the work involves breaking down sectoral boundaries, since recirculated resources from one industry are often an excellent source of raw material in other sectors. Swerea IVF manages a number of research and development projects in which recovered material from one in-dustry becomes valuable raw material in another. One example is recovered textile or carbon-fibre composite, which is an ideal reinforcement mate-rial for various plastics.

Swerea IVF's R&D in stamping

and tooling has been strengthened considerably through the acquisition of operations at IUC Olofström. The company is now a prominent player in industrial research towards the deve-lopment of future sheet metal forming processes and tooling systems. Here, too, cross-sectoral collaboration is considerable, not least in the vehicle industry, where several different materials are used in a vehicle body. Here, expertise from the steel and composites industries must be com-bined to find the right manufacturing methods.

THE DEVELOPMENT of processes for manufacturing textile and polymer-ic materials from forest raw materials is progressing rapidly. Swerea IVF is a meeting place where the forestry and textile industries converge to develop entirely new products and

processes. Here, important drivers are a future shortage of cotton, as well as the demand for materials and processes that result in less climate impact in the plastics industry. Together with partners in industry, Swerea IVF is investing heavily in industrial-scale pilot lines for manu-facturing new materials.

FINANCIALLY, 2016 has been a strong year for Swerea IVF. The capacity to think across sectoral boundaries is decisive for innovation. To do this, we must adopt a circular-business perspective and, for our partners in industry, there can be no other way. Thanks to close collabora-tion with industry, R&D results are also quickly translated into new op-portunities for industry.

MATS LUNDIN, Managing Director

Circular-economy solutions across sectoral boundaries

TURNOVER 225 million kronorEMPLOYEES 170MEMBER COMPANIES 440ESTABLISHED 1964OPERATION LOCATIONS Mölndal, Stockholm, Linköping, Trollhättan, Eskilstuna, Jönköping, Olofström and Oslo

BOARD OF DIRECTORSGöran Carlsson, Chair, Swerea

Tor Ahlbom, Hultsteins Kyl

Ola Asplund, IF Metall

Fredrik Hörstedt, Chalmers University of Technology

Hans Persson, Volvo Group Trucks Technology

Camilla Rööst, Ikea of Sweden

Mikael Eriksson, Employee representative

Carina Egeman, Employee representative

FACTS


Circular-economy solutions across sectoral boundaries

Process and alloy development for steels and metals. Joining technology, processes and dimen-sioning. Component manufacturing, processes and optimization. Mechanical properties, testing and prediction. Materials, including polymers, for aggressive environments. Corrosion (testing, evaluation of protection methods) – in various environments (atmospheric, high-temperature, marine, H2S, etc.). Materials analysis and metallo graphy. Failure analysis and materials selection.

RESPONSIBILITY for the environment and sustainability, across the entire value chain from manufacturing and use to recovery and recycling, will be-come implicit in what industry can offer and Swerea KIMAB wants to have the means to make this a reality.

Our customers operate in a global setting where there are high demands on quality, performance and sustainabil-ity. Swerea KIMAB is a meeting place for companies, academia and institutes. For example, we manage some 20 members' programmes in which large and small companies are addressing common challenges and problems. Participants in these programmes gain access to contacts, networks, research and proving grounds for future tech-nologies. During 2017 we will also start a new members' programme (MRC) with a focus on aerospace.

BENEFIT IS CREATED for industry when real challenges are addressed.

Corrosion presents many such chal-lenges, and these account for nearly half of Swerea KIMAB's operations. The overall cost of corrosion is some 100 billion kronor annually in Sweden, and it is pleasing to note that Swerea KIMAB is an obvious research partner for both private-sector industry and public administrations. A good exam-ple is collaboration in the automotive sector, which has progressed for many years and attracts a large circle of in-ternational customers. We also provide assessments and recommendations for corrective measures and maintenance of power transmission towers through-out Sweden and for Svenska Kraftnät.

ANOTHER MAJOR AREA is materials and process engineering. Here, we have recently launched a national arena for additive manufacturing in metals. This includes networking, competency and technology development, and infrastructure in the form of equipment and labs, as well as project coordina-

FACTS

TURNOVER 230 million kronorEMPLOYEES 185MEMBER COMPANIES 184ESTABLISHED 1921OPERATION LOCATIONS Stockholm, Trollhättan, Brest and St Etienne


Anders G Lindberg, Scania CV

Göran Nyström, Ovako

Peter Gudmundson, KTH

Hans Klang, Jernkontoret

Tomas Hult, Employee representative

Ragna Elger, Employee representative

Alexander Angré, Employee representative (deputy)

Leyla Wickström, Employee representative (deputy)

tion. This is a group-wide initiative that clearly demonstrates the power of col-laboration. During 2016 we were also pleased to receive notification that our application for an environmental test-bed was approved. In this project the focus will be on developing methods for industrial-scale sorting/separation and recycling of metal. The testbed, which will be located in Kista, will be a meeting place for instrument makers, material producers, material users and recyclers.

LAST BUT NOT LEAST, I am pleased to report that we have been working to es-tablish to closer long-term partnerships and encourage even more customer interaction, e.g, via dedicated customer representatives at Swerea KIMAB. We hope to continue to develop this during 2017. Good relations, credibility and collaboration are key factors for effec-tive and innovative research.

MARIA ÅSTRAND, Managing Director

Corrosion – a societal challenge on our agenda


A MAJOR societal challenge, the climate issue is also a challenge for industry and our customers. Therefore, we at Swerea MEFOS are increasing-ly involved in research within CCUS (Carbon Capture, Utilization and Stor-age) and steam reforming. Two large, exciting projects are Stepwise and FReSMe, both of which are funded via Horizon 2020. These concern optimal methods for converting and utilizing residual gases from industry.

In the Green Blast Furnace project, use of biomass has been identified as a possible means of reducing carbon dioxide emissions in steelmaking. The results show that environmental gains can be made by adapting industrial processes and utilizing resources that are available in the immediate vicinity. The next step is to determine if the chosen route is viable.

The pilot and demonstrator facilities at Swerea MEFOS are unique, and we are always upgrading our infrastructure

Development and consultancy in process metallurgy, heating, metalworking, envi-ronmental and energy engineering for the minerals, steel and metallurgical industry. Large-scale pilot projects (management, equipment, operation), reduction metallurgy, measurement technology and process analysis, advanced modelling/simulation, environmental and waste-product management, process integration.

and equipment to meet the needs of industry. We have made several major investments during 2016, the biggest of which is a gas pipeline directly from SSAB's blast furnace to our plant. This means we will have continuous access to real blast fur-nace gas and can provide even better pilot and demo research in this area.

REALIZING THE VISION of a circular economy is increasingly important, and our testbeds offer unique possibilities for developing and testing new recovery and recycling concepts, not least where batteries are concerned. Pilot-plant facilities also aid another type of research when we consider introducing new technologies and processes across sectoral boundaries. An exciting example is wood rolling, where the application of technology from the steel industry is showing very inter-esting results.

IN JUNE we arranged SCANMET V in Luleå and this year's conference was a great success. A large number of topics were presented and dis-cussed, and delegates had the op-portunity to meet and network, visit Swerea MEFOS and, hopefully, were inspired to continue researching and developing.

Interest in our activities and the at-tention Swerea MEFOS has gained are, for me, a strong indication that we are delivering on our promise – to strengthen the competitiveness of our members and other custom-ers. My expectation for 2017 is that Swerea MEFOS will definitely become even better at meeting the industry's challenges in research pro-jects towards renewal and sustain-able growth.

EVA SUNDIN, Managing Director

FACTS

TURNOVER 129 million kronorEMPLOYEES 92MEMBER COMPANIES 42ESTABLISHED 1963OPERATION LOCATION Luleå

BOARD OF DIRECTORSJarmo Tonteri, Chair

Göran Carlsson, Swerea

Nils Edberg, SSAB Europe

Fredrik Sandberg, Sandvik Materials Technology

Fredrik Skarp, FM Mattsson Mora Group

Johan Sterte, Luleå University of Technology

Lars-Erik From, Employee representative

Roger Nielsen, Employee representative

Bijish Babu, Employee representative (deputy)

Investment for new testing and research possibilities


TURNOVER 54 million kronorEMPLOYEES 48MEMBER COMPANIES 41ESTABLISHED 1988OPERATION LOCATIONSPiteå, Mölndal and Linköping


Ingegerd Annergren, Scania CV

Erik Persson, Municipality of Piteå

Bengt-Olof Elfström, University West

Jerker Delsing, Luleå University of Technology

Jonas Engström, Employee representative

Peter Mannberg, Employee representative

Polymer fibre composites, including materials science, mechanical computation and simulation, damage resistance, process and manufacturing engineering, product development, prototyping and testing, and customized training programmes.

RECENT YEARS have seen consider-able focus on the vehicle industry's transition to meet more stringent regulatory requirements for CO2 emissions. Most people in the vehicle sector agree that radical lightweight concepts are needed if we are to meet the next emissions target, which is expected to be 65 g CO2/km. A multimaterial design that incorporates high-strength steel and carbon-fibre composites is the most likely alterna-tive. At Swerea SICOMP we have been working for quite some time to develop technology for just such an application in passenger vehicles.

• Materials development – new, innovative materials concepts for short cycle times and light weight. Here, several very promising con-cepts are now being developed that bode well for the introduction of composite materials in the auto industry within a few years.

• Manufacturing engineering – efficient and cost-effective manufacturing technology is a prerequisite for the introduction of composite materials in large-scale applications. This is a focus area for Swerea SICOMP and we are working on several pro-jects together with automakers, systems suppliers and equipment suppliers to develop technology, material systems and equipment for high-volume manufacturing.

• Test & Demo facility – we are working together with industry to develop our Test & Demo facility for high-volume manufacturing with equipment that enables verification of the technology at TRL 4–6.

• Crash simulation – together with Chalmers, Volvo Cars and Gestamp HardTech, we are

working to develop computation methods and simulation tools for crashworthiness studies of composites, which is absolutely essential if composite materials are to be used in cars. We are also building a crash lab for mate-rials characterization at our facility in Mölndal.

FINALLY, as the new managing director of Swerea SICOMP since the start of this year, I wish to thank my predecessor, Hans Hansson, who is now retiring, for all of his efforts over the years. Together with our employees and customers, I hope to be able to successfully carry on developing the work and the insti-tute which Hans built up over his 23 years with Swerea SICOMP.

BENGT WÄLIVAARA, Managing Director

Development of radical lightweight concepts

FACTS


METAL CASTING has a long tradi-tion and is definitely a method with a bright future. This is evidenced, not least, by the fact that global pro-duction of cast products continues to increase dramatically. For the Swedish foundry industry to take a share of this growing market, in-novative technology development is essential. This may have to do with lightweight solutions or adaptation for ever-greater digitalization in the future.

During the past year Swerea SWECAST has worked diligently to ensure that the actual needs of the industry continue to guide our operations and the direction of our business. Among other things, we have focussed our research efforts on three technology platforms: Resource Efficiency, High Perfor-mance and Zero Defects. Develop-

ment in the respective areas is driv-en by dedicated platform leaders, who gather business intelligence and, in dialogue with their industry networks, produce roadmaps for each of the three platforms.

During the year we have also started a programme that is specifi-cally aimed at Sweden's pressure die casters to help them improve their competitiveness. We have arranged network gatherings and training courses that have been guested by international special-ists, as well as managed exciting projects in this area.

LOOKING BACK over the past year we are also pleased to note that we have come a long way towards a completely new training concept for the foundry industry. Here, for example, we are offering modular,

Cast products, casting processes and cast materials, metallurgy, product engi-neering, simulation, and process and manufacturing engineering. Failure and dam-age analyses including accredited mechanical testing. Environmental studies and environmental protection engineering. Energy efficiency and industrial recycling. Testing and demonstration foundry, and training programmes for industry.

FACTS

TURNOVER 50 million kronorEMPLOYEES 39ESTABLISHED 1967OPERATION LOCATION Jönköping


Lars Alfredsson, Bruzaholms Bruk

Mats Jägstam, Jönköping University

Ingegerd Annergren, Scania CV

Lars Johansson, BLJ Invest

Håkan Fernström, Employee representative

Ulf Gotthardsson, Employee representative

Three technology platforms with sights set on the future

online training courses for caster operators.

The 3D printer for printing moulds and cores, acquired in autumn 2015, has been used in larger scale and helped us to learn more about additive manufacturing.

2017 PROMISES to be an excit-ing year and we look forward to continuing our strategically impor-tant collaboration with industrial companies and other partners. While looking to the future, we also take pride in our history; in 2017 we celebrate 50 years of advanced research in casting at our facilities in Jönköping.

PETER SEMBERG, Managing Director


NOTICES

Cast iron as a lightweight materialIn many sectors, particularly in the vehicle industry, there is a strong focus on finding lightweight solutions Swerea SWECAST is doing research that may help to make cast iron a viable alternative

“Often, the first thing that comes to mind is to substitute the material with something lighter, typically a light metal alloy,” says Lennart Elmquist, senior research engineer at Swerea SWECAST Instead, Lennart wants to investigate the possibility of continuing to use iron in cast iron struc-tures, yet make the components significantly lighter

“To a degree, it's a matter of relaunching cast iron as a modern material, comparable to all other materials Clearly, there are applications in which aluminium or magnesium are more suitable, but instead of automatically rejecting cast iron, we should re-examine the potential of the material ”

Space and aerospace at the 2016 SICOMP ConferenceThe 27th SICOMP Conference was held in Linköping on 30-31 May 24 papers, on the theme of Composites in Space and Aerospace, were presented by international lecturers for more than 90 delegates Laminar wing profiles and ultrathin carbon-fibre laminates were two prominent trends at this year's conference The conference concluded with a much-appreciated study visit to Saab Aerostructures and their composites manufacturing department

3D technology saved the 90-year-old rolling mill A faithful servant in the machine hall at Swerea KIMAB is a rolling mill from the 1920s which is still used in experimen-tal work But when a cogwheel suddenly cracked, there was a problem How would we find a replacement?

“We put our heads together and it dawned on us that we could use a 3D printer,” says Alexander Angré, research engineer at Swerea KIMAB No sooner said than done The broken cogwheel was sent to Swerea SWECAST in Jönköping, where there is a 3D printer for printing moulds in sand

First, the old wheel was scanned to obtain a CAD model A sand mould was then printed and, with the mould, it was easy to cast a new cogwheel This time the wheel was made in ductile iron, unlike the old one, which was made of grey iron Convenient and cost-effective

Safer rock galleries with the right reinforcementThe right choice of rock bolt can be decisive for mine safety Currently, rock bolts are tested in only a few loca-tions throughout the world and the various testing methods make it difficult to compare the performance of different bolts types In a project managed by Swerea MEFOS a new testing method is therefore being developed

The project covers modelling and simulation of bolts, and construction of a test facility at Swerea MEFOS where testing of all types of bolts can be conducted The test facility will simulate real conditions, something which is lacking in existing testing methods in which, for example, concrete and steel are used to substitute rock Swerea MEFOS will design the entire concept and build a test rig that also includes control systems and measurement instruments

International steel experts meet in LuleåIn mid-June we arranged the international SCANMET conference, the fifth since the start in 1999 Some 300 delegates from about thirty countries met to discuss cur-rent research in steelmaking

The programme featured nearly 150 papers on impor-tant topics including recycling and sustainable production, resource and energy efficiency, and reduction and separa-tion of carbon dioxide Speakers included representatives from, for example, Australia, the USA and Japan, as well as from many European countries

“With SCANMET we wish to create a forum for industry and academia where there is scope for the exchange of ideas and knowledge towards the development of future, sustainable steelmaking processes Interest is great, despite the fact that the industry is facing economic pres-sure,” says Anna Utsi, business development manager at Swerea MEFOS

Swerea IVF spins textile fibres in industrial pilot scale with a new, environmentally friendly processIn a new pilot plant for solution spinning in Mölndal, textile fibres are produced from forest raw materials, based on a recently developed, environmentally friendly process The technology is being developed in close collaboration with Swedish industry The pilot plant is used to verify the find-ings of previous research performed in laboratory scale The aim is to use environmentally friendly technology to produce textile fibres based on cellulose from forest raw materials

Future fossil-free vehicles start in the forestThe light, fuel-efficient cars of the future can be made from materials from our Swedish forests These raw materials can be used in batteries, thereby reducing the use of fossil-based materials and fuels A research team from Innventia, Swerea, KTH and Blatraden are now demonstrating this with a model car

The roof of the car is made from a composite in which the carbon fibre is based on 100 percent coniferous lignin The vehicle has also been equipped with a battery in which lignin-based carbon fibre has been used as an electrode material A small-scale demonstrator, the car is the size of a toy, but it represents a major step towards the realization of the vision of creating new, lightweight materials from forest products and thereby contributing to a future bioeconomy

Work has been done within the Strategic Innovation Programme BioInnovation and the project has been co-ordinated by RISE Bioeconomy

Three technology platforms with sights set on the future


BoardFrom left:Merja Myllykoski (b 1971) Process Con-troller, Swerea MEFOS MSc International Marketing LTU Employee representative Board member since 2015

Peter Samuelsson Chairman (b 1963) Strategic advisor in business management PhD, Royal Institute of Technology (KTH) Other directorships: Chairman, Högskolan Dalarna Elected to the board in 2013

Olof Sandén (b 1962) Vice President, RISE Research Institutes of Sweden MSc, Chalm-ers University of Technology/ETH Zürich Other directorships: Scandidos AB, Micropos Medical and Unisport-Saltex Oy Elected to the board in 2015

Karl-Gustav Ramström (b 1954) CEO and President, Prevas MSc and MBA, Upp-sala University Other directorships: Board member, Automation Region Board member, IVA Member of the Government Advisory Board for new industrialization Elected to the board in 2012

Eva Pétursson (b 1968) Research Mana ger, SSAB PhD, Luleå University of Tech nology Other assignments: Member of TGS8 (Research Fund for Coal and Steel) Elected to the board in 2015

Sten Farre (b 1957) Senior Researcher, Swerea SWECAST BSc, Metallurgy, Bergsskolan Employee representative Board member since 2014

Bo-Erik Pers (b 1956) Managing Direc-tor, Jernkontoret MSc, Royal Institute of Technology (KTH) Other directorships: Chairman, Hugo Carlsson Foundation for Scientific Research, and MEFOR Board member, Eurofer and SIS Elected to the board in 2011

Absent:Katarina Björklund (b 1965) Vice President Group Strategy, Saab AB MSc Applied Physics and Electrical Engineering, Linköping University Elected to the board in 2016

Management group

Göran Carlsson (b 1954) President and CEO, Swerea MSc Metallurgical Engineering, Royal Institute of Technology (KTH) Board member, IVA Em-ployed with the group since 2008

Britta Bolin (b 1968) HR Director, Swerea BSc Human Resources and Work Science, Umeå University Employed with the group since 2016

Mats Holmgren(b 1952) CTO, Swerea MSc, Lund University, Faculty of Engineering Employed with the group since 1979

Pernilla Janze (b 1966) CFO, Swerea MSc, Uppsala Univer-sity Employed with the group since 2016

Gunilla Kühner (b 1965) Marketing Director, Swerea Studies in medical technology and chemistry at Stock-holm University and Umeå University; studies in marketing at Berghs School of Communica-tion Employed with the group since 2014

Mats Lundin (b 1963) CEO, Swerea IVF MSc, Royal Institute of Technology (KTH) Employed with the group since 1989

Peter Semberg (b 1961) Managing Director, Swerea SWECAST Studies in behavioural science at Linköping Uni-versity Employed with the group since 2015

Eva Sundin (b 1965) Managing Director, Swerea MEFOS PhD, Luleå University of Technology Employed with the group since 2015

Bengt Wälivaara (b 1965) Managing Director, Swerea SICOMP PhD, Linköping University Employed with the group since 2012

Maria Åstrand (b 1972) Managing Director, Swerea KIMAB PhD, Uppsala University Employed with the group since 2016

Board and Management Group


Areas of expertiseWe pursue evidence-based research in close collaboration with in-dustry to promote industrial renewal, improved competitiveness and sustainable growth. In other words, our strength is applied research with customer benefit in focus.

For each area of expertise, more information about services, pro-jects and equipment is available on our website.

Materials engineering and raw materials

Corrosion and surface technology

Materials production

Manufacturing processes

Production systems

Product engineering

Energy and environment


Five-year summary

2016 2015 2014 2013 2012Turnover, MSEK 683.1 711.1 678.1 666.3 604.9Operating profit after depreciations, MSEK -8.1 8.8 2.3 6.6 -0.8Income after net financial items, MSEK -4.7 15.4 10.3 15.7 10Balance sheet total, MSEK 716.5 682 638.4 654.9 616.4Shareholders' equity, MSEK 343.2 347,6 337.3 328.5 317.6Operating margin, % -1.2 1.2 0.3 1 -0.1Return on equity, % -1.7 3,.3 2.1 3 2.3Equity/assets ratio, % 48 51 53 50 52Cash liquidity, % 119 121 125 131 145Capital expenditures, MSEK 32.5 31.6 28.8 39.8 51.8Average number of employees 534 532 523 532 527

Income statement

Sums in kSEK 2016 2015Operating revenueNet sales 680 695 709 858Other operating revenues 2 415 1 274Total revenue 683 110 711 132

Operating expensesOther external expenses -237 779 -266 213Personnel expenses -422 935 -406 910Depreciation and write-downs of tangibleand intangible assets -30 510 -29 218Operating profit -8 114 8 791

Profit from financial itemsProfit from other securities and receivablesaccounted for as fixed assets 542 3 791Other interest income and similar profit/loss items 3 237 3 924Interest expenses and similar profit/loss items -361 -1 126Profit after financial items -4 696 15 380

Profit before tax -4 696 15 380

Tax on profit for the year -1 301 -3 839

PROFIT FOR THE YEAR -5 997 11 541

Balance sheet

Sums in kSEK 2016 2015ASSETSFixed assetsINTANGIBLE ASSETSGoodwill 5 539 0Capitalized expenditure for computer software 450 503 5 989 503TANGIBLE ASSETSLand 476 476Land improvements 32 35Buildings 21 211 20 825Costs invested in another party's property 22 737 25 900Machinery and technical systems 26 691 29 389Equipment, tools, fixtures and fittings 67 827 63 047Fixed assets under construction 13 274 10 302 152 248 149 974FINANCIAL FIXED ASSETSShares and participations in group companies 10 10Other securities held as fixed assets 119 253 145 983Deferred tax asset 189 175Other long-term receivables 3 723 3 589 123 175 149 757Total fixed assets 281 412 300 234

Current assetsINVENTORIES, ETC.Finished products and goods for resale 3 911 3 413 3 911 3 413CURRENT RECEIVABLESAccounts receivable, trade 75 079 66 555Taxes recoverable 111 796 24 015Other receivables 5 854 6 400Prepaid expenses and accrued income 81 949 87 117 274 678 184 087

SHORT-TERM INVESTMENTS 9 504 12 088

CASH AND BANK BALANCES 146 956 182 198Total current assets 435 049 381 786

TOTAL ASSETS 716 461 682 020

TOTAL SHAREHOLDERS' EQUITY AND LIABILITIESRESTRICTED EQUITYShare capita 12 157 12 157Restricted reserves 14 535 13 421 26 692 25 578NON-RESTRICTED EQUITYProfit or loss brought forward 322 527 310 479Profit for the year -5 997 11 541 316 530 322 020 343 222 347 598PROVISIONSProvisions for pensions 3 856 3 722Provisions for deferred tax 8 954 12 236Other provisions 778 745 13 588 16 703

LONG-TERM LIABILITIES 1 980 1 644 1 980 1 644CURRENT LIABILITIESAdvances from customers 214 080 181 692Accounts payable 47 178 43 237Other liabilities 29 359 25 701Prepaid expenses and deferred income 67 054 65 445 357 671 316 075

TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES 716 461 682 020

CSR* in collaboration

for greater sustainability

Sustainability is high up on Swerea's

agenda and our projects contribute to

improved sustainability in many differ-

ent ways. Developing and following up

on the sustainability effort is an impor-

tant task.

To be able to review and monitor work

towards sustainability improvement, we

are now producing a sustainability report

which, in varying degrees, will be applied to

projects and commissioned work. This effort

is being synchronized within RISE in order

to coordinate terms and the direction of the

work of sustainability improvement.

Quantifying assessment methodologies

and soft targets is no easy task. Working

towards a method for sustainability reporting

of projects and commissioned work involves

joint learning and is a part of the ongoing

improvement effort.

Swerea IVF has over a period of many

years developed a model for sustainabil-

ity assessment of projects and commis-

sioned work. Together with RISE, using it

as a basis, we have further developed the

model and coupled it to the UN's goals for

sustainable development. The model has

been adopted by RISE and will serve as a

standard for the Swerea Group.

New legislation requires all companies

with more than 250 employees to produce

sustainability reports as of 2017. These

reports will then be presented in early 2018.

The law does not specify exactly how report-

ing is to be done, but it does provide sug-

gestions for methods. Together with RISE,

Swerea has chosen the Global Reporting

Initiative International, GRI, guidelines as the

reporting standard. We have selected rel-

evant sustainability indicators from GRI, and

synchronized them with legal requirements

and RISE’s owner requirements to achieve

synergies.

During 2016 we have tested two of the in-

dicators; those referring to climate impact and

personnel. There are, however, challenges; for

example, with respect to data collection, and

we continue to work towards systematization

and efficiency improvement to enable the

group to meet compliance when reports for

2017 are produced.

Swerea adopted an environmental policy

in 2013, after which all subsidiaries have

presented plans of action which are now being

incorporated into the business management

systems. The objectives of the environmental

policy will be realized in the plans of actions. All

of the Swerea institutes work continuously to

improve sustainability in their own operations.

Collaboration with RISE within the area of

CSR has been intensive and productive dur-

ing 2016. For example, we have collaborated

in issuing a joint policy for research ethics. It

has been approved by the board of RISE and

Swerea plans to adopt the same policy for its

subsidiaries.

A good, developmental work environment

is the basis of Swerea's attractiveness as

an employer. To be able to deliver research

results and benefit to industry at the highest

level, Swerea pursues a systematic work-envi-

ronment effort. Swerea is an interesting arena

for meetings between academia, institutes

and companies and, together, we are building

a culture in which diversity is a strength and

people grow in their professional roles.

Raul Carlsson

Senior research engineer

and Swerea's CSR coordinator


*Corporate Social Responsibility

3K Consulting Group3M Svenska AB3PR Profil Projekt Promotion ABAbacus Sportwear ABABB ABABB AB, CompositesABB Corporate ResearchABB PlastABB RoboticsABIC Kemi ABAccoat A/SACG Accent Abacg Nyströms ABAcne StudiosAd Manus MaterialteknikAdam Opel GmbHAGA AGA Gas ABAGO ABAH AutomationAker SolutionsAkzo Nobel Functional Chermicals B.V.Akzo Nobel Industrial CoatingsAkzo Nobel Pulp and Performance Chemicals ABAlcan CRVAleris Aluminum Duffel BVBAAlfa Laval FranceAlfa Laval Lund ABAlfa Laval Tumba ABAlfdex ABAliaxis Utilities & Industry ABAllard Manufacturing ABAlm CompositeAlmedahl Kinna ABAluwave ABAlveniusAneby kommunAntiphoneAP&T SwedenAperam IsberguesAplicator System Aptus Elektronik ABAQ Plast ABArcelormittalArcorArmacell InternationalAros Electronics ABAscatronAsco Appliances ABAscom Sweden ABAscometalAssa ABAssa Abloy ABAstrium Atlas Copco Industrial Technique ABAtlas Copco Rock DrillsAtlas Copco Secoroc ABAtlas Copco ToolsAuson ABAutotube ABAvure Technologies Axema Access ControlB.O. Park ABBAC FranceBagheera ABBaosteelBASF CoatingsBecker Industrial Coatings ABBendiro ProfileBerendsen Sourcing ABBillerudkorsnäs Karslborg ABBillerudkorsnäs Skog & Industri Billerudkorsnäs Skärblacka ABBinar Elektronik AB

BiteamBjörn Borg Clothing ABBluescope Steel LtdBlåkläder ABBMWBodycote Hot Isostatic PressingBodycote Värmebehandling A/SBodycote Värmebehandling ABBodycote Ytbehandling ABBoliden Mineral ABBombardier TransportationBoob DesignBorealisBorås Energi & MiljöBratänder Sweden ABBrunngård Group ABBulten Sweden ABBurde Förlags ABBöhler Edelstahl GmbH & Co KGBöhler Welding ABCAB Group AB Cadland ABCarpenter Powder ProductsCasall ABCathay CompositesCEJN ABChemetall GmbHClas OhlsonCogent Surahammars BrukCombitech ABCompeEng Composite Engineering ABComponenta Wirsbo ABComposite Consulting GroupComposite DesignCompositteknik i Norr ABConsortio Fashion Group AB Constellium CRVConstruction Tools PC ABCooper Standard Automotive Int.CPAC Systems ABDaimler AGDaloc ABData Respons AB DCNSDelaval International ABDevex Mekatronik ABDGADidriksonsDouce HydroDr Denim ABDSM Resins BVDurgo, ABDynamateDYNAmore Nordic ABEasy-Laser ABEchotechEFD Induction ABEFD Induction ASEjendals ABElektronikkonsultElkem AS TechnplogyEllos ABElvine ABEmballator Lagan Plast ABEmhart Glass Sweden ABEnraf Marine SystemsEnvirotainer Engineering ABEpSpot ABEramet Norway ASErasteel Kloster ABEsab ABEsbe ABEscova ABEskilstuna ElektronikPartnerEuro Sko Norge A/S

Eurogloves ABEwab Engineering ABExel Composites OyjExova Materials Technology ABExtronic Elektronik ABFagerhults Belysning ABFagersta Stainless ABFaiber Plast ABFerroamp Elektronik ABFerruformFibersystem ABFilippa KFinman Färgkonsult ABFIP SpA Formatura Iniezione PolimeriFjällräven ABFlexi FranceFlexlink ABFlexprop ABFLIR SystemsFlowtite Technology ASFläktWoods ABFM Mattsson Mora Group ABFMVFord Motor CompanyFordonskomponentgruppen ABFormec Teknik ABForsmarks KraftgruppFristads Kansas Sverige ABFS DynamicsFuture Eyewear Group Sweden ABG A Lindberg Processteknik ABGarmin Nordic Stockholm AB Gazechim Composites Norden ABGE Healthcare Bio-SciencesGE Power ABGekås Ullared ABGeneral MotorsGeorg Fischer Deka GmbhGestamp Hard Tech ABGina Tricot ABGKN Aerospace Applied Composites ABGKN Aerospace Sweden ABGKN Driveline Köping AB Glamox Luxo LightingGleitmo Technik ABGlencore Nikkelverk ASGnosjö AutomatsvarvningGnosjö Konstsmide ABGnutti Powertrain ABGresvig ASGrolls ABGrolman Nordic ASGrundfos A/SGrängesGudrun Sjödén Design ABGunnebo Cash Automation ABGävle EnergiGöteborg Kretslopp och VattenHaglöfs ABHaldor Topsöe ASHBG Teknopress ABHeatech Värmebehandling HBHebei Iron & Steel GroupHellenic Trading KBHelly Hansen ASHelsport ASHempelHemtex ABHenkel AG & CoHetech ABHiab ABHilti CorporationHjo-Verktyg ABHope Production ABHovås Komposit AB

Hultafors ABHultafors Group ABHuntsman Norden ABHydro Aluminium Rolled ProductHyundai HyscoHyundai Motor Europe Technical Center GmbHHägglunds Drives ABHöganäs ABHögskolan i BoråsHööks HästsportIC Group A/SICA ABICA Sverige ABIcebug ABIF MetallIkea of Sweden ABIMCD Sweden ABIMI Hydronic Engineering ABIndiska Magasinet ABIndusteel CreusotIneos Sverige ABInmotion Technologies ABInnovatum ABInor Process ABInovyn Sverige ABInspecta SwedenInspecta TechnologyIntersport ABIonbond Sweden ABIro ABIUC DalarnaIUC Halland ABIUC Sjuhärad ABIUC Syd ABIxblue industriesJernkontoretJFE Steel CorporationJHV Härdverkstan ABJonas Bjurman Engineering ABJotun SverigeJula ABKapp-Ahl Sverige ABKasthall Mattor och Golv ABKemikalieinspektionenKemira KemiKenpo Sandwich ABKeranova ABKinnarps ABKinnarps Production ABKiwa SverigeKollmorgen Automation ABKonsumentverketKvaser ABKverneland Group Operations Norway A/SLaird Technologies ABLasertech LSH ABLeax Quality ABLesjöfors ABLevel 21Levi Peterson Industri ABLevla ABLibro Fashion WorksLighneess by Design ABLindab Profil ABLinde AGLindex, ABLindskog Innovation ABLinköpings universitetLjungby Komposit ABLK ArmaturLK systemsLKABLoggamera ABLondré Textiles, ABLubrizol Advanced Material Europe BVBA

Member and interest-group companies


Lulekraft ABLuleå tekniska universitetLuma MetallLyma Kemiteknik M. Jander Composite TechnologiesMacromould Modell & Form ABMarkslöjd Lighting Group Competence Center ABMarksöm ABMarstrom Composite ABMartin Magnusson & Co ABMartinsson Elektronik ABMattsson Metal ABMazda Motor Europe GmgHMegger Sweden ABMeritor HVS ABMetasphere Technology ABMetsä Board SverigeMH EngineeringMicatrone RegulatorMidnight CompositesMillbrook Provin Ground LtdMini Rodini ABMio ABMittSverige VattenModul-System HH ABMoods Wholesale A/SMorgårdshammar ABMQ Retail ABMölnlycke Health CareNEP ABNew Wave Group ABNewbody ABNilson Group ABNilörngruppen ABNKC Manufacturing Sweden ABNKT FlexiblesNoa Noa APSNobel BiocareNOF Metal CoatingsNordic Aircraft ABNordic Brass GusumNordic Carbide ABNordic GalvanizersNord-Lock International ABNordpipe Composite Engineering OYNorut NarvikNOW Electronics ABNudie Jeans CoO.Sundström ABOdd Molly Intl ABOerlikon Balzers Sandvik Coating ABOetiker Sweden ABOKGOne NordicOptoComp JTC ABOras OyOrtic ABOutokumpuOutokumpu Stainless ABOutokumpu Stainless OyOutokumpu Stainless Tubular ProductsOvako ABOvako Bar ABOvako Imatra Oy AB Ovako Steel ABOvako Sweden ABOxeon ABParakey ABParker Hannifin ABParoc Oy ABPeak Performance ABPermascand ABPlannja ABPlasticon Poland SA

Polygiene ABPOSCO PowderPro Göteborg ABPPG Coatings PPG Coatings Europe BVPPG France Business SupportPrecomp Solutions ABPrestando ABPrevas ABProcurator ABProduktionsteknik i LundProline EntreprenadPropoint ABPrototal ABPSA Peugeot CitroënPTC ABQamcom Research and Technology ABQuintus Technologies ABR Franchetti ABRamnäs BrukRapid Granulator ABRaufoss Water and GasRCO Security ABRedpink ABRegin ABReichhold A/SRenault SASRenew Group Sweden ABRinghals RMIG Sweden ABRNB Retail and Brands ABRobsys ABRockwool International ASRostfria VA-systemRTI Electronics ABRUAG Space ABRusta ABRuukki Sverige ABRöhnish Sportwear ABSaab ABSaab AerostructuresSaab AeronauticsSaab BarracudaSaab Bofors Dynamics ABSabic innovative Plastic BVSaddler Scandinavia ABSaint Gobain AbrasivesSaipemSandryds Handels ABSandvik Coromant ABSandvik Heating Technology ABSandvik Materials Technology ABSandvik Mining & Construction ToolsSandvik Process System, ABSapa Technology ABSapotech OySarlin Furnaces ABSatoil Fuel & retail Sweden ABSBI Engineering ABSCA MunksundSCA Obbola Scana Steel Björneborg ABScandinavian Copper Dev. Assoc.Scandinavian Travel InnovationScania ABScania CV ABScanreco Industrielektronik ABScorett Footwear ABSegers FabrikerSemcon Sweden ABSEPS Technologies ABShiloh Industries ABSibelco Nordic ASSidecaSiemens Industrial Turbomachinery

Sigarth ABSigicom ABSimona AGSitacSkandilockSKF, ABSKF Mekan ABSKF Motion Technologies ABSKF Sverige ABSkydda Protecting People Europé ABSmurfit Kappa Kraftliner PiteåSNA Europe ABSNCZSolme ABSolvay Solexis SpASolyvent Fläkt ABSP Sveriges Tekniska ForskningsinstitutSpecma ABSSAB EuropeSSAB Merox ABSSAB Special SteelsStadium ABStar Trading i Svenljunga ABStén & Co OyStena Rederi ABSteuler Nordic ABStockholm vattenStoneridge Electronics ABStora Enso Skoghall ABStormberg Leketoy ASStresstech OyStrömsholmmen ABSulu ASSulzer Pump Solutions ABSundaHusSvantex ABSwebor Stål ABSwede Ship Composite ABSwedegas ABSwedish Fitness Trading ABSwedish Waterjet LabSwegon ABSvensk ArmaturindustriSvensk HandelSvenska KraftnätSvenska TansoSvenskt vattenSwep International ABSwePart Transmission ABSvetskommissionenSwix Sports ASSydvattenSYSAVSöderenergiSödra Cell AB, Mönsterås BrukSödra Cell AB, Värö BrukTA Hydranics ABTata SteelTeam SportiaTed Bernhardtz at workTeknikföretagen Service ABTekniska Verken i Linköping ABTeknoheat ABTemkon Consulting ABTermap ABTernium SiderarTexet Sweden ABTextilinportörernaThales Underwater SystemsThermotechThule GroupThule Sweden ABTidomat ABTjeders Industri ABTN International

TotalTotal Paris La DefenseToyota Motor CorporationTPC Textil ABTR Fastenings ABTrafikverketTranemo Textil ABTrio Perfekta ABTriple SteelixTT TermotechUddeholms ABUmeå Energi ABUmicore Corporate DevelopmentUmicore FranceUnfors RaySafe ABUniBrandsUnicarries ManufacturingUnited Initiators ABUnjo ABUponor ABUtools ABWackers ABVagabond International ABVaggeryds kommunValla Plast ABVallourec & MannesmannValmet ABValtimetValvoline GmbH & Co KG Varner Retails ASWayne Fueling Systems Sweden ABVBG Group Truck Equipment ABVelox Specialities ABVendingföreningenWenell ManagementVeola EauWermland Mechanics ABWeSC ABWesterstrand Urfabrik ABWestinghouse Electric Sweden ABVetlanda Energi Vetlanda Energi & Teknik Widal Industri ABWiges ABVikan ABVilleroy & Boch Gustavsberg ABVinga of Sweden ABVoestalpine Böhler WeldingVoestalpine Precision Strip ABVoestalpine Stahl GmbHVoice Norge A/SVolvo, ABVolvo Car CorporationVolvo Construction EquipmentVolvo Global Trucks OperationsVolvo GTTVolvo Lastvagnar ABVolvo Personvagnar Karosskomponenter ABVolvo Powertrain Corporation ABVolvo TechnologyVVS Fabrikanternas rådVVS företagenVäxjö EnergiX-Cim ABXstrata Nikkelverk Xylem Sverige ABY. Berger & Co ABYaskawa Nordic ABYourflow ABÅhléns ABÅkers Sweden ABÅlö ABÖhlins Racing ABÖresundskraft Kraft & Värme

Member and interest-group companies


“We must cling to the belief that the incomprehensible is comprehensible; otherwise we would not try to fathom it.”

Johann Wolfgang von Goethe

© 2017 SwereaProject manager: Karin EdfastText and graphic design: Plan Sju kommunikationTranslation: Mark WilcoxCover page: Anneli NygårdsPhoto: Swerea, Maria Åsén, Patrik Svedberg, Anneli Nygårds, Anders Alm, Fredrik Broman, Carina Olsson, Matton

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Swerea ABBox 7047SE-164 07 Kista,Sweden+46 (0)8 440 45 [email protected]

Swerea IVFBox 104SE-431 22 Mölndal,Sweden+46 (0)31 706 60 [email protected]

Swerea KIMABBox 7047SE-164 07 Kista,Sweden+46 (0)8 440 48 [email protected]

Swerea MEFOSBox 812SE-971 25 Luleå,Sweden+46 (0)920 20 19 [email protected]

Swerea SICOMPBox 271SE-941 26 Piteå,Sweden+46 (0)911 744 [email protected]

Swerea SWECASTBox 2033SE-550 02 Jönköping,Sweden+46 (0)36 30 12 [email protected]

annual report 2016 1 - swerea · annual report 2016 3 ... computation and simulation, swerea ......

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