Bilia’s Group Management consists of the MD and the CFO of Bilia AB, as well as the MDs of Bilia Personbilar AB, Sweden, Bilia Personbil as, Norway, and Bilia Personvogne A/S, Denmark. The Group Management is responsible for formulating the Group’s overall strategy, business control, allocation of financial resources among the operations, and for the Group’s financing, capital structure and risk management. It also deals with issues pertaining to preparation and execution of acquisitions that affect the whole Group and other major projects. Furthermore, the Group Management is responsible for compiling the Group’s financial reports, for communication with the stock market, and for a variety of other matters concerning the Group as a whole. The Group Management holds regular meetings under the leadership of the MD.
Group operations are largely decentralised, and the different companies enjoy a large measure of autonomy. Relations between the companies and the Group Management mainly have to do with Group-wide projects and work on the boards of the various companies. Bilia’s Managing Director and CEO, Jan Pettersson, is chairman of the boards of most of the subsidiaries.