Annual Report 2018

A lot of good things happened at VEO in the year 2018

In Finland, we were happy to note the recovery of the hydropower business as well as a significant increase in a number of projects in the mining industry. Successes were also seen in VEO's large ship projects, in pulp and paper as well as sectional drive projects in the metal industry. VEO’s substations business strengthened its foothold in all the Nordic countries, which in turn will allow us to accept larger projects. All these fruitful projects also spawned new orders, so the future looks very bright indeed for our business units.

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