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Organization record

Ovako

hydrogen producer, industrial hydrogen user for steel reheating, collaborator with Volvo Group, Hitachi Energy, H2 Green Steel and Nel Hydrogen

Activity SummaryOperates a fossil-free hydrogen plant at Hofors for heating steel before rolling; hydrogen is also stated for fuel-cell trucks.
Roleshydrogen producer, industrial hydrogen user for steel reheating, collaborator with Volvo Group, Hitachi Energy, H2 Green Steel and Nel Hydrogen

Hydrogen projects

No linked projects in H2Prism.

Business footprint

Employee Countaround 2,700 employees
Industry ClassificationSpecialty/engineering steel manufacturing and steel recycling
Products and Servicesclean, high quality engineering steel, bar, tube, ring and pre-components, steel solutions for bearing, transport and manufacturing industries

Record changes

EventDate: 2,005-05; Event: Ovako established by merger of Fundia, Ovako Steel and Imatra Steel, Date: 2,019-03; Event: Ovako acquired by Sanyo Special Steel

Company details

Founded At2,005-05
HeadquartersBox 1721, SE-111 87 Stockholm, Sweden
Lineage RelationSubsidiary of Sanyo Special Steel; member of Nippon Steel Corporation group
Public NameOvako
Show 1 moreHide 1
Website Domainovako.com

Hydrogen activity

Technology Referencewater electrolysis, 20 MW electrolyzer, fossil-free hydrogen production for steel reheating

Older recorded values

Employee Count2,600H2Prism earlier record (SRC-C-T3)
ListingAs of 2019 · Listing status: Not publicly listedH2Prism earlier record (SRC-C-T3)
Products and Servicesfossil-free hydrogen for steel reheating · As of 2023-09-05 · Action: manufacturingH2Prism earlier record (SRC-C-T3)
Legal Form"Aktiebolag (AB)"H2Prism earlier record (SRC-C-T3)
Show 13 moreHide 13
Legal Status"활동"H2Prism earlier record (SRC-C-T3)
Lineage RelationDate: 2,005-05; Kind: 합병(존속); As Of: 2,005-05; Source: Ovako; Judged By: codex-terra-high/org-census-w2-r4-20260817-225514-wave2-M20; Confidence: high; Source Url: https://www.ovako.com/en/about-ovako/history/; Accessed At: 2026-08-17; Counterpart: Fundia; Ovako Steel; Imatra SteelH2Prism earlier record (SRC-C-T3)
Local Name"Ovako AB"H2Prism earlier record (SRC-C-T3)
Official Name"Ovako AB"H2Prism earlier record (SRC-C-T3)
Registration Jurisdiction"Box 1721, SE-111 87 Stockholm, Sweden"H2Prism earlier record (SRC-C-T3)
Unit Type법인H2Prism earlier record (SRC-C-T3)
Website Domain"ovako.com"H2Prism earlier record (SRC-C-T3)
Dedication"부수 사업"H2Prism earlier record (SRC-C-T3)
Technology Reference"water electrolysis (20 MW)"H2Prism earlier record (SRC-C-T3)
RegistrationregisteredSource not linked
Hydrogen rolesHydrogen producer & supplier, Demand & procurementSource not linked
Last confirmed2026-08-17Source not linked
Activity evidencefossil-free hydrogen for steel reheating · manufacturing · Ovako (as of 2023-09-05), 부수 사업 (as of 2026)Source not linked
Sources & record history

Sources

Field sources

FieldShown valueOriginal valueSourceDate basisMeaning
Employee Countaround 2,700 employeesaround 2,700 employeesOvako Sustainability Report Financial Year 2024 Confidence: reportedChecked 2026-08-28Current
Industry ClassificationSpecialty/engineering steel manufacturing and steel recyclingSpecialty/engineering steel manufacturing and steel recyclingSwedish Prime Minister inaugurates the world´s first plant to produce fossil-free hydrogen for heating steel before rolling Confidence: reportedChecked 2026-08-28Current
Products and Servicesclean, high quality engineering steel, bar, tube, ring and pre-components, steel solutions for bearing, transport and manufacturing industries["clean, high quality engineering steel","bar, tube, ring and pre-components","steel solutions for bearing, transport and manufacturing industries"]Ovako Sustainability Report Financial Year 2024 Confidence: reportedChecked 2026-08-28Current
EventDate: 2,005-05; Event: Ovako established by merger of Fundia, Ovako Steel and Imatra Steel, Date: 2,019-03; Event: Ovako acquired by Sanyo Special Steel[{"date":"2005-05","event":"Ovako established by merger of Fundia, Ovako Steel and Imatra Steel"},{"date":"2019-03","event":"Ovako acquired by Sanyo Special Steel"}]History Confidence: reportedChecked 2026-08-28Current
Activity SummaryOperates a fossil-free hydrogen plant at Hofors for heating steel before rolling; hydrogen is also stated for fuel-cell trucks.Operates a fossil-free hydrogen plant at Hofors for heating steel before rolling; hydrogen is also stated for fuel-cell trucks.Swedish Prime Minister inaugurates the world´s first plant to produce fossil-free hydrogen for heating steel before rolling Confidence: reportedChecked 2026-08-28Current
Roleshydrogen producer, industrial hydrogen user for steel reheating, collaborator with Volvo Group, Hitachi Energy, H2 Green Steel and Nel Hydrogen["hydrogen producer","industrial hydrogen user for steel reheating","collaborator with Volvo Group, Hitachi Energy, H2 Green Steel and Nel Hydrogen"]Swedish Prime Minister inaugurates the world´s first plant to produce fossil-free hydrogen for heating steel before rolling Confidence: reportedChecked 2026-08-28Current
Technology Referencewater electrolysis, 20 MW electrolyzer, fossil-free hydrogen production for steel reheating["water electrolysis","20 MW electrolyzer","fossil-free hydrogen production for steel reheating"]Swedish Prime Minister inaugurates the world´s first plant to produce fossil-free hydrogen for heating steel before rolling Confidence: reportedChecked 2026-08-28Current
Employee Count2,6002600H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
ListingAs of 2019 · Listing status: Not publicly listed{"as_of":"2019","listed":"비상장","source":"Ovako","judged_by":"codex-terra-high/org-census-w2-r4-20260817-225514-wave2-M20","confidence":"medium","source_url":"https://www.ovako.com/en/about-ovako/our-business/","accessed_at":"2026-08-17T22:15:00+09:00"}H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
Products and Servicesfossil-free hydrogen for steel reheating · As of 2023-09-05 · Action: manufacturing{"what":"fossil-free hydrogen for steel reheating","as_of":"2023-09-05","action":"제조","source":"Ovako","judged_by":"codex-terra-high/org-census-w2-r4-20260817-225514-wave2-M20","confidence":"high","source_url":"https://www.ovako.com/globalassets/downloads/sustainability/ovako-sustainability-report-fy2023.pdf","accessed_at":"2026-08-17T22:15:00+09:00"}H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
Lineage RelationDate: 2,005-05; Kind: 합병(존속); As Of: 2,005-05; Source: Ovako; Judged By: codex-terra-high/org-census-w2-r4-20260817-225514-wave2-M20; Confidence: high; Source Url: https://www.ovako.com/en/about-ovako/history/; Accessed At: 2026-08-17; Counterpart: Fundia; Ovako Steel; Imatra Steel{"date":"2005-05","kind":"합병(존속)","as_of":"2005-05","source":"Ovako","judged_by":"codex-terra-high/org-census-w2-r4-20260817-225514-wave2-M20","confidence":"high","source_url":"https://www.ovako.com/en/about-ovako/history/","accessed_at":"2026-08-17T22:15:00+09:00","counterpart":"Fundia; Ovako Steel; Imatra Steel"}H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
Website Domain"ovako.com""ovako.com"H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
Dedication"부수 사업""부수 사업"H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
Roles수소 생산·공급사수소 생산·공급사H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
Roles수요·procurement수요·구매H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
Technology Reference"water electrolysis (20 MW)""water electrolysis (20 MW)"H2Prism earlier record (SRC-C-T3); H2Prism earlier record (SRC-C-T3) Confidence: unknownChecked 2026-08-17Older value
Hydrogen rolesHydrogen producer & supplier, Demand & procurement[{"as_of":"2023-09-05","code":"CR-02","evidence":{"confirmed_at":"2026-08-17T22:15:00+09:00","source_code":"C-T3","source_field":"hydrogen.CF-15_roles[0]"},"field":"CF-15","label":"Role in hydrogen","label_ko":"수소 생산·공급사","value":"수소 생산·공급사"},{"as_of":"2023-09-05","code":"CR-09","evidence":{"confirmed_at":"2026-08-17T22:15:00+09:00","source_code":"C-T3","source_field":"hydrogen.CF-15_roles[1]"},"field":"CF-15","label":"Role in hydrogen","label_ko":"수요·구매","value":"수요·구매"}]Source not linkedOlder value
Activity evidencefossil-free hydrogen for steel reheating · manufacturing · Ovako (as of 2023-09-05), 부수 사업 (as of 2026)[{"as_of":"2023-09-05","evidence":{"confirmed_at":"2026-08-17T22:15:00+09:00","source_code":"C-T3","source_field":"hydrogen.CF-17_products[0]"},"field":"CF-17","label":"Products and services","value":"fossil-free hydrogen for steel reheating · 제조 · Ovako"},{"as_of":"2026","evidence":{"confirmed_at":"2026-08-17T22:15:00+09:00","source_code":"C-T3","source_field":"hydrogen.CF-18_dedication"},"field":"CF-18","label":"Hydrogen dedication","value":"부수 사업"}]Source not linkedOlder value

Record history

12 current sourced values · 19 older values

Current sourced valueOlder value, current value not confirmed

H2Prism separates published values from estimates. Check the linked source before you use a value. · Back to All organizations

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