With the firm conviction that the Swedish streets need hardy and robust vehicles, Volvo started building cars back in 1927. Featuring high-end SUVs such as the celebrated XC-90, the Nordic car manufacturer is nowadays known as the paradigm of safe and in style driving. In 2010, the Group was acquired by Geely Global, a leading automobile manufacturer from China. Holding a company value between 163 and 200 billion Sweedish krona, Geely plans to issue up to 471.7 million new shares on Nasdaq Stockholm. Volvo is selling approx. 400’000 cars per year, the strongest markets being China, USA and Sweden.