Kværner ASA: Fourth Quarter Results 2014
Stable margins, positive development of competitive power. The high activity level in Kvaerner continued in the fourth quarter. Revenues for the full year reached a record high of NOK 17.5 billion, including Kvaerner’s share of jointly controlled entities. Simultaneously with the execution of parallel projects, the company implemented several measures …
Kvaerner: Looking to Increase Productivity and Reduce Cost Levels
Kvaerner has during the first half of 2014 delivered several key oil and gas projects on schedule, won new key contracts and continued to implement cost reduction measures. The company’s Board of Directors is pleased with how Kvaerner has built a strong position as a competitive contractor recognized for its …
Kvaerner Opens Moscow Office
Kvaerner strengthens its presence in Russia by opening an office in Moscow. “We are excited by the opportunities in the Russian Sub-arctic and Arctic regions. Establishing a permanent presence in Moscow is important in order to build competence and execute new projects in Russian markets”, says Jan Arve Haugan, President …