+
Wolffkran Norge AS now a one hundred percent WOLFF subsidiary
ECONOMY & POLICY

Wolffkran Norge AS now a one hundred percent WOLFF subsidiary

The joint venture concluded between Mikkelsen AS and Wolffkran Holding AG at the end of 2021 was dissolved on June 13, 2024. The company Wolffkran Norge AS now belongs entirely to Wolffkran Holding AG and is a 100 per cent subsidiary.

After a successful initial phase of Wolffkran Norge AS, the current market conditions brought new challenges, leading to an agreement with Mikkelsen AS that a wholly-owned subsidiary can more flexibly and efficiently meet the requirements of the Norwegian construction sector.

Operationally, the company continues to be led by CTO, Operations Manager, and Managing Director Frank Kvam. The new board of the subsidiary consists of Sven Jung (Chairman), Duncan Salt (CEO Wolffkran Holding AG), and Andreas Kahl (Managing Director Wolffkran GmbH).

"Establishing a company from scratch in a new market is always a challenge, and without the support of the Mikkelsen Group, these initial steps would not have been possible," says Duncan Salt, CEO of Wolffkran Holding AG. "We thank the entire Mikkelsen family for their support and invaluable expertise in founding Wolffkran Norge AS."

The joint venture concluded between Mikkelsen AS and Wolffkran Holding AG at the end of 2021 was dissolved on June 13, 2024. The company Wolffkran Norge AS now belongs entirely to Wolffkran Holding AG and is a 100 per cent subsidiary. After a successful initial phase of Wolffkran Norge AS, the current market conditions brought new challenges, leading to an agreement with Mikkelsen AS that a wholly-owned subsidiary can more flexibly and efficiently meet the requirements of the Norwegian construction sector. Operationally, the company continues to be led by CTO, Operations Manager, and Managing Director Frank Kvam. The new board of the subsidiary consists of Sven Jung (Chairman), Duncan Salt (CEO Wolffkran Holding AG), and Andreas Kahl (Managing Director Wolffkran GmbH). Establishing a company from scratch in a new market is always a challenge, and without the support of the Mikkelsen Group, these initial steps would not have been possible, says Duncan Salt, CEO of Wolffkran Holding AG. We thank the entire Mikkelsen family for their support and invaluable expertise in founding Wolffkran Norge AS.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code