Growing business in the Netherlands
12. May 2011
| Editorial staff Ship&Offshore
The companies have entered into an MOU which will lead to an operational business in the Netherlands by the first of July 2011. A new company will be established under the name “Ulstein IDEA Equipment Solutions b.v.” which combines Ulstein’s offshore vessel design, marine equipment packages and construction capabilities with mission equipment design and construction of IDEA Heavy Equipment and the interfaces between them.
This is the second Ulstein venture in the Netherlands after the purchase of the majority share in Ulstein Sea of Solutions b.v. in March 2008, which demonstrates Ulstein’s continuous internationalisation process and to find opportunities to create value through enhanced knowledge and innovation.
