Kvaerner invests to increase productivity and competitiveness
Kvaerner is taking new steps to increase competitiveness and position the company for future growth. At the Group's advanced facilities at Stord, the capacity in the yard area, storage area and offices is expanded. In addition, Kvaerner establishes its own inhouse capacity to supply insulation boxes, which often makes up a significant part of offshore or onshore processing plants. These measures will contribute to more efficient work processes and reduced costs in future projects. In total, the investments amount to around NOK 90 million. Kvaerner recently announced a growth strategy