A MAJOR FUEL BUYER IN SWEDEN


EFO AB was founded 1975 as a joint venture of 10 Swedish energy companies, to capture scale effects in the business of oil imports. Today the rational of the business has dramatically shifted as the industry has moved away from its dependency on oil, in favor of energy recovering from waste materials. EFO is the shareholders extended arm offering the recovery service for international customers whilst providing the shareholders with material for energy and heat generation “Relocating Energy”. EFO annually moves roughly 800 000 tons of material into Sweden making EFO one of Sweden’s largest operator of bulk sea freight with a total turnover of ~500 million SEK

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