Annual Report 2015

One of the best years ever

Marko Ekman

CEO

In many respects, 2015 was an excellent year for VEO. In fact, it was actually one of the greatest years ever in the company’s history. I’m especially proud that we have achieved this good result despite the current challenging economic climate.

Key Figures

2015

Turnover

74 MEUR

R&D Investment

1,3 MEUR

Equity Ratio

60 %

Growth

14 %

No. of employees

350

Business Segment Insights

Norwegian Hydropower Companies Put Their Trust in VEO

VEO is one of the largest and most reliable operators even in massive contracts.

High Safety Requirements at Sea

The fact that VEO has its own switchgear factory is a competitive advantage.

Data Centres Require Operational Security and Top Components

Data centres are built as brown field and green field projects.

All Insights

Corporate Responsibility

Our mission is to create growth and well-being through our energy sector expertise and responsible operations. Our goal is to create added value for our shareholders, customers, suppliers, employees and the local community. A strong economic basis secures the continuity of our business and enables us to meet our social and environmental responsibilities. Read more

MISSION STATEMENT

The company will continue its profitable growth strategy. In the long run, our goal is an annual growth of around 10% and continuous growth in profitability.

Board of Directors

Henrik Skytte, Stefan Storholm, Mauri Holma (Chairman of the Board), Marko Ekman (CEO), Jan-Christer Eriksson, Jarmo Saaranen and Pasi Tuominen.

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