VEO signed one of the most significant agreements in its history with Neste in Singapore
VEO and Neste signed an agreement under which VEO supplies energy-efficient main electrical distribution technologies to Neste’s renewable and sustainable products expansion project in Singapore.
TechTeam360 as part of the VEO Group
VEO enchased its local Swedish expertise by acquiring TechTeam360 (TT360), a Swedish-based consultancy firm specialising in turnkey substation deliveries as well as the planning and preparation of electrification projects.
Vector passed the type tests required to fulfil the latest IEC standards for 40 kA
Thanks to the test passing, Vector is now the first modern switchgear in the Nordic countries to achieve both current withstand and internal arc withstand capabilities at the 40 kA level.
VEDA switchgear production started in the UK
After having moved its production to a new facility in an extraordinarily short time, UK-based I.C. Electrical (ICE), which has been part of VEO since 2017, now manufactures low-voltage VEDA switchgear.
Hydropower customer network expanded in Norway
VEO signed two new electrical modernisation contracts; one with a new customer Helgeland Kraft, and one with an already existing cooperation partner Glitre Energi.
Expanded cybersecurity service
The threat of cyberattacks, using advanced techniques, poses a significant risk to critical infrastructure in the energy sector. Thus, VEO expanded its cybersecurity services to combat such potential threats and protect both old and new automation solutions.