About Kvaerner power Ireland
Kvaerner Brug was founded in Oslo in 1853 by industrialist Oluf A. Onsum(1820-1899). Early on, the primary activity of the business was its involvement in the production of cast iron stoves. In 1870, Kvaerner built its first hydroelectric turbine.During the early 1900s, Kvaerner power turbines remained the principal product line, which also included bridges, cranes, and p. Kvaerner Brug was founded in Oslo in 1853 by industrialist Oluf A. Onsum(1820-1899). Early on, the primary activity of the business was its involvement in the production of cast iron stoves. In 1870, Kvaerner built its first hydroelectric turbine.During the early 1900s, Kvaerner power turbines remained the principal product line, which also included bridges, cranes, and pumps. Kvaerner was listed on the Oslo Stock Exchange in 1967. By the 1990s, the company assembled a collection of engineering and industrial businesses, including shipbuilding, construction of offshore oil and gas platforms, production of pulping and paper manufacturing equipment, and operation of a shipping fleet. Directors-general of Kværner after the stock exchange listing were Kjell B. Langballe (1960–1976), Carl Røtjer (1976–1986) and Mikal H. Grønner (1986–1989). Chairmen were Frithjof A. Lind (–1982), Johan B. Holte (1982–1985), Emil Eriksrud (1985–1986), Carl Røtjer (1986–1989), Kaspar Kielland (1989-1996), and then Christian Bjelland (1996-2001). Since 2011, the CEO has been Jan Arve Haugan. Erik Tønseth became director-general of Kværner in 1989, and under his leadership the company underwent large-scale international expansion, acquiring the state-owned Govan Shipbuilders from British Shipbuilders.During 1992, Kværner acquired the Swedish company Götaverken. In 1996, Kværner acquired the British conglomerate Trafalgar House, after which it moved its international headquarters from Oslo to Londo.
Kværner was a and services company that existed between 1853 and 2005. During its initial decades, the firm was involved in the manufacture of and . The turbine business was Kværner's leading product thr. Kværner was a and services company that existed between 1853 and 2005. During its initial decades, the firm was involved in the manufacture of and . The turbine business was Kværner's leading product throughout the first half of the twentieth century, although it had also branched out into the production of bridges, cranes, and pumps. Kværner underwent a spree of international acquisitions during the 1990s, which included , , , ; its headquarters were also relocated from Oslo to London during this decade. However, the heavy debt burden built up by acquiring these businesses, some of which were actually unprofitable, jeopardised the company's continued existence by the start of the twenty-first century. Efforts to stabilise the company included the selling off ofand its construction division, as well as the receipt of financial support from senior figures within the Russian oil company . However, in order to avoid , Kværner was compelled to merge with its long time rival . During 2004, Kværner was amalgamated into the newly formed subsidiary of- Aker Kværner, which was renamed on 3 April 2008. On 6 May 2011, Kværner re-emerged when the EPC (engineering, procurement and construction) part of Aker Solutions took the Kværner name. The new Kværner company was listed on the .
• 2020-10-30 at the
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