EFO AB was founded in 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 dependence on oil, in favor of energy recovering from waste materials.


Year Established


per year

8 000 000

Tons of fuel
relocated annually



EFO annually moves roughly 800 000 tons of material into Sweden making EFO one of Sweden’s largest operators of bulk sea freight with a total turnover of ~500 million SEK.


We offer a community to our owners and partners to exchange ideas and experience, we have extensive knowledge and know-how to do safe business all over the world and our main focus is optimizing the overall performance in every ton of fuel relocated.


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”.

Our owners