Björn Prytz
Encyclopedia
Björn Prytz was a Swedish industrialist in the early 1900s and from 1937 to 1947 an envoyé in London for the Swedish government.

He was employed 1913 at S.K.F.
SKF
SKF, Svenska Kullagerfabriken AB , later AB SKF, is a Swedish bearing company founded in 1907, supplying bearings, seals, lubrication and lubrication systems, maintenance products, mechatronics products, power transmission products and related services globally.-History:The company was founded on...

 as marketing manager. He became managing director for S.K.F. around 1921-22. Björn Prytz was the man behind the name Volvo
Volvo
AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services...

 during the time he was the managing director for SKF sales company in America 1914-18. Volvo was registered as a trademark as well as a subsidiary company to SKF, in May 1915 (the application for Volvo as a trademark was send to PRV
PRV
PRV may refer to:* Polycythaemia rubra vera, a blood disorder* Pressure reducing valve* Pressure relief valve* Peak Reverse Voltage, a characteristic of diodes* PRV engine, an automobile V6 engine developed by Peugeot Renault and Volvo...

 the in May 11), with the intention to use it for a new developed low price ball bearing for the automobile industry in the America. However, these plans were never realized and the SKF name and logotype (as it looks today) was used instead for all type of bearings produced by SKF. The name and company Volvo was almost forgotten but came into use when the SKF employee Assar Gabrielsson
Assar Gabrielsson
Assar Thorvald Nathanael Gabrielsson was a Swedish industrialist and co-founder of Volvo.- Family :He married Anna Theresia Andreasson in 1916...

 (SKF sales manager) and engineer Gustav Larson
Gustav Larson
Erik Gustaf Larson was a Swedish engineer and co-founder of Volvo.Family: Married to Elin Octavia Fröberg, 1918. Four children: Erik, Anders, Gunnel and Britt....

 finally had succeeded to convince SKF that they should start to manufacture automobiles within SKF. AB Volvo, as an automobile company, was founded the 10 August 1926 at a board meeting held in Hofors
Hofors
Hofors is a locality and the seat of Hofors Municipality, Gävleborg County, Sweden with 7,021 inhabitants in 2005.-Districts:*Born *Böle*Bönhusberget*Centrum*Göklund*Hammaren*Lillån*Muntebo*Rönningen*Silverdalen*Standarn...

when SKF decided to invest in the company and use it as a subsidiary company within the SKF-group.
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