Aker Kvaerner hosted its annual Capital Markets Day at the Felix Conference Center in Aker Brygge, Norway, 7 December 2004. CEO Inge K. Hansen and key members of the Executive Management Team provided insight into Aker Kvaerner's strategy and future development.
7 Dec 04
The presentations started at 08:30 am and ended at approximately 1:00 pm. President and CEO Inge K. Hansen gave an overview of group status, while CFO Bjørn Erik Næss presented the financial status of the group. Further on, EVP and Chief of Staff Finn Berg Jacobsen presented the internal initiative projects that are carried out in the group. EVP Jon Erik Reinhardsen had a project portfolio approach in his presentation.
Other key members of the Executive Management Team gave presentations from their respective business areas. Please see agenda for further details:
Agenda:
Group status -
President and CEO Inge K. Hansen
Financial status -
EVP and CFO Bjørn Erik Næss
Portfolio approach to Group structure -
EVP Jon Erik Reinhardsen
From EPC to full Service Provider -
EVP E&C Europe Jarle Tautra
Utilising cross-border opportunities Norway/UK - climbing the value chain -
EVP MMO Europe Torleif Gram
Expanding the geographical and product scope -
EVP Field Development Europe Simen Lieungh
Subsea: Moving deeper with technology -
EVP Subsea Raymond Carlsen
Focus on drilling and downhole products and services -
EVP Products & Technologies Mads Andersen
Striving for excellence -
EVP and Chief of Staff Finn Berg Jacobsen
Concluding remarks -
President and CEO Inge K. Hansen
ENDS
Media:
Torbjørn Andersen, SVP Group Communications, Aker Kvaerner. Tel: +47 67 51 30 36, Mob: +47 928 85 542
Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel: +47 67 51 30 39
AKER KVÆRNER ASA, through its subsidiaries and affiliates ("Aker Kvaerner"), is a leading global provider of engineering and construction services, technology products and integrated solutions. The business within Aker Kvaerner span a number of industries, including Oil & Gas production, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper. Aker Kvaerner has aggregated annual revenues of approximately USD 4.5 billion and employs around 22,000 employees in more than 30 countries. The Aker Kvaerner group consists of a number of separate legal entities. Aker Kvaerner is used as the common brand/trademark for most of these entities. The parent company in the group is Aker Kværner ASA.
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