Concejo AB (publ) [CNCJO-B.ST] Stock Forecast

Concejo AB (publ) develops, manufactures, and markets fire safety products and systems in Europe, the United States, Asia, and internationally. The company's Marine and Safety business offers products and systems for fire and gas detection in high-risk environments. It offers solutions that detect and warn heat, smoke, gas, flames, and oil mist. This business serves tankers, cruise ships, cargo vessels, and military vessels in the shipping industry; supply and support vessels, floating oil rigs, production and accommodation platforms, and accommodation vessels in the offshore industry; trains, metros, buses, and trucks in the transport sector; and properties comprising hospitals and public spaces, schools and hotels, large industrial properties, and wind turbines. Its Safety Engineering business offers safety systems for fire-fighting in high-risk environments. It serves refineries, petrochemical plants, chemical plants, tank terminals and oil wharves, and petrochemical storage and disposal facilities in the oil and gas industry; gas and oil, coal, nuclear, solar, hydro, and wind power plants, as well as substations and switchgear in the power industry; and production and exploration platforms, accommodation platforms, floating support units FPSO/FLNG, and helicopter platforms in the offshore industry. The company was founded in 1993 and is headquartered in Nacka, Sweden. The company was formerly known as Consilium AB (publ). Concejo AB (publ) is a subsidiary of Platanen Holding AB.