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11 March, 2004With the better coordination of its activities, the combined shipbuilding group should become more competitive.
NORWAY/FINLAND/GERMANY: As a result of restructuring at Aker Kvaerner, one of the three groups which has been created, Aker Yards, will merge its shipbuilding activities in Norway with those of the company in Finland and Germany.
The combined group, with 13 shipyards in Europe and one in Brazil, will become the leading shipbuilding group in Europe and the world's fifth largest, concentrating its activities primarily in market sectors such as for cruise ships, container vessels, conventional and high-speed ferries, ro-ro vessels, chemical tankers and offshore service vessels.
Trade union reactions to Aker Kvaerner's reorganisation of the group's activities are favourable. The chief shop steward at Aker Yards in Norway called the restructuring a "positive move". At the Finnish metalworkers' union, Metalli, the head of the shipbuilding section also felt it was a step in the right direction, and that there would be improved coordination of activities with the various shipyards under one group, "a better division of labour" between the shipyards in Norway, Finland and Germany. And the IMF's director for the shipbuilding department, David Seligson, commented that small European shipyards had not been largely competitive.
The combined group, with 13 shipyards in Europe and one in Brazil, will become the leading shipbuilding group in Europe and the world's fifth largest, concentrating its activities primarily in market sectors such as for cruise ships, container vessels, conventional and high-speed ferries, ro-ro vessels, chemical tankers and offshore service vessels.
Trade union reactions to Aker Kvaerner's reorganisation of the group's activities are favourable. The chief shop steward at Aker Yards in Norway called the restructuring a "positive move". At the Finnish metalworkers' union, Metalli, the head of the shipbuilding section also felt it was a step in the right direction, and that there would be improved coordination of activities with the various shipyards under one group, "a better division of labour" between the shipyards in Norway, Finland and Germany. And the IMF's director for the shipbuilding department, David Seligson, commented that small European shipyards had not been largely competitive.