FlexQube 2020 Annual Report

Page 33

Report of the Board of Directors

2020

Report of the Board of Directors The Board of Directors and CEO of FlexQube AB (publ), CIN 556905-3944, with registered office in Gothenburg, Sweden, hereby submits the Annual Report for the Parent Company and the Group for the financial year 2020.

Business FlexQube is a global supplier of flexible and robust

more efficient material flows, fewer accidents

industrial carts in the field of material handling.

with forklift trucks and improved ergonomics

The Group was founded at the end of 2010, with sales

and environment.

starting in the second half of 2012, and has in a short period of time secured a large number of prominent companies as customers. Standardized interfaces and modular building blocks allow for a unique, efficient, scalable design process where customers have access to unique future-proof cart solutions.

Currently, FlexQube's sales organization focuses on Europe and North America, with manufacturing in Gothenburg, Sweden for the European market and in South Carolina, USA, for the North American market. At the beginning of 2020, a strategic decision was

Material presentation and transport with the aid of configurable carts creates, among other things,

made to start collaborating with distributors around the world to reach more markets.

Gothenburg, Sweden

HQ FlexQube group Distribution center and manufacturing

Birmingham, England HQ FlexQube UK Ltd Sales Office

South Carolina, USA Sales Office

Frankfurt, Germany HQ FlexQube GmbH

Munich, Germany Sales Office

Duncan, USA

HQ FlexQube Inc. Distribution Center and manufacturing

Aguascalientes, Mexico Sales Office Warehouse

India

Design Office

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