Sweden-headquartered energy-tech company Qvantum Industries has appointed Peter Nilsson as Chairperson of the Board of Directors following its Annual General Meeting.
The appointment comes as Qvantum continues to scale production and accelerate international expansion. The company said it has achieved milestones including a commercial breakthrough in the multi-family segment in several European countries, the launch of the apartment-sized QG heat pump, and the start of production at its factory in Nyíregyháza, Hungary, acquired from Electrolux.
Qvantum also recently won the BloombergNEF Pioneers Award 2026 in the category “Flattening the Duck Curve.” The award recognizes companies addressing the challenge of keeping power grids stable as renewable energy use grows.
Nilsson has worked as an industrial leader and advisor, including more than 20 years as Senior Industrial Advisor to private equity firm EQT. He was CEO of Sanitec and has served as Chairperson of the Board at Securitas Direct, Duni, and Lindab.
Qvantum operates production facilities in Åstorp, Sweden, and Nyíregyháza, Hungary. The company develops heat pumps and supporting digital platforms for the energy system of the future.
“We look forward to having Peter onboard, his experience in scaling up industrial development and production as well as navigating complex European markets, will be a valuable contribution to Qvantum and the Board of Directors. I would also like to express my greatest thanks to Mats Leifland who has led the Board over a critical period of growth, and we have all appreciated his support and dedication,” says Fredrik Rosenqvist, CEO of Qvantum.