The Hareid Group is a leader in the design, development and installation of complex electronic systems for the maritime and construction industries. Philip Yorke talked to Henning Moltubakk, managing and technical director of the company’s marine division, about its latest acquisitions and its move into new market sectors.
DELIVERING INNOVATIVE ELECTRONICS T
he Hareid Group is a privately owned company that was founded in Norway in 1950 and began by selling electrical components for domestic kitchen installations. Since then the company has grown significantly to become a leading player in the design and manufacture of complex electrical systems for the shipbuilding and construction industries. The diversified
152 Industry Europe
Hareid Group is comprised of 11 distinct companies that cover marine, construction, product design, property development and financial services in the commercial sector. In the private sector the group designs and delivers electrical installations to new buildings as well as for properties requiring renovation. Furthermore, the various companies within the group offer expertise in computers and
broadband installations as well as in phone systems and fire and burglar alarm technology. All work carried out by the Hareid Group conforms to the highest government and EU standards for quality, safety, reliability and energy savings. Today the group employs more than 350 people in Scandinavia and eastern Europe and in 2011 recorded sales of over NOK 414 million.
