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.

Next Story
Infrastructure Urban

UAE, Portugal strengthen ties in aviation, tourism & clean energy

H.E. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), held a bilateral meeting with his Portuguese counterpart H.E. Pedro Reis to explore the means to enhance economic partnership and investment exchanges between the two countries across various strategic sectors. The meeting was also attended by H.E. Fernando Figueirinhas, Ambassador of Portugal to the UAE, along with senior officials from both sides.The discussions took place on the sidelines of the fourth ICAO Global Implementation Support Symposium (GISS) 2025, organized by the Gen..

Next Story
Infrastructure Urban

SG Holdings Acquires Morrison Express Shares to Expand Global Logistics

SG Holdings, a leading Japanese logistics company, has announced its acquisition of Morrison Express, a global freight forwarding and logistics service provider renowned for its expertise in semiconductor and high-tech logistics. This strategic acquisition will enhance the capabilities of the SG Holdings Group, significantly expanding on its Asian market presence and strengthening its position as a global leader in specialized logistics services.The acquisition brings together Morrison Express's strong competitiveness in the technology sector, particularly in semiconductors and high-tech produ..

Next Story
Infrastructure Energy

Indraprastha Gas to set up CNG stations at Noida International Airport

Noida International Airport (NIA) has partnered with Indraprastha Gas Limited (IGL) to develop Compressed Natural Gas (CNG) infrastructure at the airport, reinforcing its commitment to sustainable and efficient transportation solutions. As part of the collaboration, IGL will establish two CNG stations—one in the west precinct and second one in the airside area—to cater to travellers, airport staff and partners.IGL will be responsible for the development of the City Gas Distribution (CGD) network at Noida International Airport, ensuring seamless connectivity to and from the CNG stations. Th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?