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The project is an important contribution to make the international building industry more environmentally friendly. When one proves and documents that one can build a taller timber building that what one previously thought was possible, there’s no doubt that this is world-class engineering
Director Sverre Tiltnes at government-appointed Bygg21
For better climate: A project group established by Norwegian road authorities investigated the possibility of building the world’s longest timber bridge across Lake Mjøsa. Their studies show that building with wood instead of concrete can reduce CO2 emissions by up to 30 percent
Norwegian investor and climate changer, Arthur Buchardt
In recent years HENT AS has delivered a number of 0 fault projects. They have delivered several major building projects to both public and private developers all over the country – including projects for investor Buchardt. This means they have great confidence in Moelven Limtre AS's ability to deliver the goods.
Director Rune Abrahamsen, Moelven Limtre AS
And in Moelven Wood Värmland, we are looking at a parallel major investment in new technology and increased capacity for the surface treatment of new and trendy panels for the Scandinavian market.
Director Mikael Axelsson
In the longer term, we will also be able to offer our customers in southern Sweden a unique package of wood-based construction materials and interior fitting materials from the same supplier.
CEO Mikael Axelsson, Moelven Wood AB
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Historic results from Moelven

In 2018 Moelven delivered its best fourth quarter of all time, and is on course for an annual result that is the second best in the group’s history.Moelven Industrier ASA has a preliminary annual result of NOK 638.9 million for 2018. This will be the second best annual result in Moelven’s 119 year long history, and is an increase of NOK 218.5 million from 2017. Revenue in 2018 was NOK 11,020.8 million (NOK 10,768.4 in 2017). The fourth quarter of 2018 also made the history books. Never before has Moelven been able to present a better result for the year’s final three months. Operating

Historic quarter for Moelven

Moelven delivered a solid result in the third quarter, which was marked by a world record and its biggest-ever investment.Moelven Industrier ASA achieved operating revenues of NOK 129.6 million in the third quarter of 2018. This is an increase of NOK 91.4 million compared to the same period last year. Revenue in Q3 totalled NOK 2,494 million (against NOK 2,440.6 million in 2017).  “Moelven is affected by the activity in the global economy. A growing international focus and higher prices for wood products for industrial use are yielding good results for our Timber division. Construction in

Strong results from Moelven

High demand for sustainable building materials ensures that Moelven delivers one of its best six-month results of all time.Moelven Industrier ASA achieved earnings of NOK 308.9 million in the first six months of 2018. This is an increase of NOK 51.4 million compared to the first six months of last year. Revenue in 2018 was NOK 5773.4 million (NOK 5618.9 in 2017).   CEO Morten Kristiansen of Moelven Industrier ASA can look back at one of the best half-year results in Moelven’s history.   “International demand for sawn timber remains high, and the Timber division has made a strong

Good result for Moelven

Moelven posted a NOK 420 million profit on the company's operations in 2017. This is an earnings improvement of NOK 125 million compared to the previous yearCEO Morten Kristiansen of Moelven Industrier ASA is pleased with the past year and says that the earnings improvement is due to a combination of more efficient operations and favourable international market conditions.Increased operating revenuesFor the year as a whole the operating revenues increased by 4.5 per cent to NOK 10,768 million (NOK 10,310 million in 2016), while in the last quarter revenues increased by a significant 12

For a better climate: Norway to build world’s tallest timber building

“Mjøstårnet” will be more than 80 metres tall  and stand 30 metres higher than what is today considered the world’s tallest timber building.“Mjøstårnet sets new standards for timber constructions. The building is the closest we come to a skyscraper in timber,” says investor and contracting client, Arthur Buchardt. > > Read more about why “Mjøstårnet” is THE TALLEST TIMBER BUILDING IN THE WORLD.  > > See the first of

Moelven earned NOK 296 million

Moelven improved its operating result for the first nine months by NOK 24 million compared with the corresponding period last year.In the results for the first nine months the Group has entered a total of NOK 46 million as costs as a result of the decision to discontinue activities at Moelven Norsälven AB and resolution of a dispute related to a larger project in the Building Systems division. The underlying operating improvement so far this year is NOK 71 million compared to the corresponding period last year. Good underlying operationsIn the year’s 3rd quarter the Group earned NOK 84

Moelven earns NOK 258 million in the first half-year

Moelven improved its operating result for the first-half year by NOK 53 million compared with the corresponding period last year.Its operating profit for the first-half year was NOK 258 million (NOK 205 million). Moelven earned NOK 156 million from operations in the second quarter of the year. Operating profit for the second quarter was down by barely NOK 20 million on the corresponding period last year.AcceptableThe chief executive of Moelven Industrier ASA, Morten Kristiansen, called the result acceptable despite the small drop in the second quarter."Demand for the group's products

Best first quarter since 2008

Moelven improved its operating profit by NOK 71 million compared to the same period last year. The year's first quarter was the best since 2008.Operating profit increased to NOK 101 million (NOK 30 million in the same period last year) for the first quarter. Operating revenues increased by 2.8 per cent to NOK 2,678 million (2,605).   Good demandCEO Morten Kristiansen of Moelven Industrier ASA says that it is a combination of significant improvements in underlying operations at several of Moelven's businesses, as well as good demand for the Group's products and services, that are the

Moelven's best year since 2007

Moelven posted a NOK 335 million profit on the company's operations in 2016. This is an improvement of the operating profit of NOK 120 million compared to the previous year.In 2016 operating revenues increased by 6.8 per cent to NOK 10,350 million (NOK 9,690 million in 2015).Quarter unchangedHowever, CEO Morten Kristansen of Moelven says that the operating result for the final quarter of NOK 64 million is at the same level as the previous year (65).“Operating revenues in the fourth quarter dropped by 1.1 per cent to NOK 2,456 million (2,483). The reduction is due to the sale of

Moelven earned NOK 66 million

The Group's operating result for the third quarter dropped by 17.4 per cent to NOK 66 million, compared to NOK 80 million for the corresponding period in 2015.CEO Morten Kristiansen of Moelven Industrier ASA says that the decline in operating result for the year's third quarter is primarily due to reduced earnings in the interiors and module operations.Tough market in western Norway“It is particularly the interiors business Moelven Modus that is experiencing a tough market in Norway. This is specially noticeable in western and south-west Norway, which have been hit hard by dramatic

Moelven's best result since 2007

Operating profit in the second quarter increased to NOK 175 million compared with 48 million for the same period in 2015. It is the group's best quarterly result since 2007.At the same time Moelven's accumulated operating profit for the first half of the year increased to NOK 205 million (NOK 70 million for the same period the year before). It is an improvement in operating profit in the 2nd quarter and the first six months the year of NOK 127 million and NOK 135 million compared with the same periods in 2015. Delighted CEOMorten Kristiansen, CEO of Moelven Industrier ASA is delighted

30 million in profit for Moelven

Increased delivery volumes in the Group’s woodworking business and a positive trend in the Swedish part of the module and interior business gave Moelven an operating profit of NOK 30 million in the first quarter of this year.This meant that Moelven increased operating profit by NOK 8 million over the same period last year. Revenues in the first quarter increased by 13 percent to NOK 2605 million (2316 million). Satisfactory demandCEO Morten Kristiansen of Moelven Industries ASA says that there has been a satisfactory demand for sawn timber in the quarter.“In the export markets, the

Moelven earned NOK 215 million from operations

In 2015 the Moelven Group improved its underlying operations by NOK 50 million and achieved an operating result of NOK 215 million.Operating revenues increased by almost 10 per cent to NOK 9,690 million. Operating revenues in the fourth quarter increased by 15 per cent to NOK 2,483 million (NOK 2,151 million in the same period of 2014), and the operating result was NOK 65 million (NOK 48 million). Satisfied CEOCEO Morten Kristiansen is satisfied that the group further increased its operating revenue and improved on its operating result from the previous year.“This has been a year

Good results for Moelven

Moelven earned NOK 80 million from operations in Q3 and improved the result by NOK 62 million compared to the same period the previous year.In terms of results, this is Moelven's best third quarter since 2010. The Group delivered a gross operating margin of 6.5 per cent, which is 2.3 percentage points better than for the same period last year. Revenue in Q3 was NOK 2,263 million (2,028 million). “The good result is closely linked to the Group increasing its operating revenues by NOK 235 million compared to the same quarter last year. All divisions in Moelven have contributed to the

Morten Kristiansen becomes CEO of Moelven

Morten Kristiansen has been appointed the chief executive of Moelven Industrier ASA. Kristiansen has been the acting chief executive for a year, after the previous chief executive, Hans Rindal, stepped down last autumn.Olav Fjell, the chairman of the board of Moelven, says that he and the other members of the board are very satisfied that Kristiansen has agreed to continue: "The board is impressed with the results Kristiansen has achieved in the year he has acted in the position. He has solid expertise in Moelven's entire value chain, he is energetic, and he has the ability to bring the

Moelven earned NOK 48 million

This year, Moelven’s second quarter profits from its operations amounted to NOK 48 million. That is 35 million less than in the corresponding period last year. But before impairments and cost corrections, underlying operations showed an improved performance.Acting CEO Morten Kristiansen of Moelven Industrier ASA believes that the underlying results show that the Group is in good shape.“Basically we can see a better second quarter this year than in the same period last year, and we see the results of efficiency measures in several of our businesses. Further efficiency measures were

Moelven posted a NOK 22 million profit on the company's operations during the first quarter

The NOK 22 million operating profit in Q1 is down NOK 32 million compared to Q1 2014.Acting CEO Morten Kristiansen says that the decline in profit is mainly due to the accounts being charged with price adjustments on inventories in the Wood and Timber divisions, which operate sawmills and planing mills (mechanical wood) in Norway and Sweden.“Additionally, write-downs were implemented for Moelven Elektro related to the conclusion of projects. The total write-down in the electrical operations and the effect of price adjustments in mechanical wood has had a negative impact on profits of 26

Profit of over NOK 200 million for Moelven

With an operating profit of NOK 204 million for 2004 Moelven Industrier ASA posted its best results since 2010.The group and its owners can consequently be very happy with a boost in their profits of NOK 248 million compared to 2013. Group activities increased by as much as 10.2% in 2014 and the group's total annual turnover amounted to NOK 8,828 million, i.e. an increase in income of NOK 819 million compared to the previous year. The group's operating profit and operating income for the final quarter were also up on the figures posted for the same period last year and respectively ended

Improved results for Moelven

Moelven Industrier improves on its operating profit for Q3 by NOK 46 million compared to the same quarter last year. The earnings improvement is attributed to operational improvements and more favourable market conditions.Revenues in the third quarter were NOK 2,028 million (NOK 1,883 million) and operating profit was NOK 18 million (minus NOK 28 million). Operating revenues thus increased compared with the same period last year, primarily due to higher prices for finished products from the companies in Timber and Wood, and a higher level of activity and improved prices for the Modular

Progress for Moelven

The operating profit of NOK 137 million posted by Moelven at the end of the first six months of the year shows that the group is performing better than it has for a long time.From an isolated point of view, the operating profit for the 2nd quarter amounted to NOK 84 million, compared to NOK 11 million in respect of the corresponding period last year. So far this year the Group has had a turnover of NOK 4,649 million (NOK 4,030 for the same period in 2013), while its operating income for the 2nd quarter amounted to NOK 2,389 million (NOK 2,182). Satisfied CEOCEO Hans Rindal is happy

Good conclusion to the year for Moelven

Moelven posted a NOK 36 million profit on the company's operations during the final quarter of the year, i.e. NOK 69 million more than for the same quarter last year.The improvement in the result towards the end of the year is primarily due to better balance between raw material and finished goods prices for the group's undertakings operating in the sawn timber market. Operating income for the year finished at NOK 8,009 million (NOK 8122 million) and the operating result was minus NOK 45 million (17). For the year, the result after tax costs was minus NOK 93 million (minus 36). Better

NOK 28 million loss for Moelven

Moelven's operating result for the third quarter showed a loss of NOK 28 million, compared with a loss of NOK 14 million in the same period last year.Operating revenues in the third quarter were NOK 1,883 million, compared with NOK 1,808 million in the third quarter of last year. The weak result is due to costs in connection with the commissioning of new production plant, project evaluation and a competitive situation in certain market segments that continues to be challenging. Measured against the same quarter last year, the improved results for the Timber division, Moelven Elektro AS

Moelven earned NOK 11 million

Moelven's revenue ended at NOK 11 million in the second quarter of the year. This is significantly better than in the first quarter of the year, but is weaker than the NOK 46 million made in the same quarter last year.The operating income was NOK 2,182 million, which is similar to the income in the second quarter of the previous year (NOK 2,186 million). The industrial goods division Timber has seen an increase in its operating income, activities in the Wood building products division are stable and the Building Systems division has seen a decline. Better prices for industrial timber

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