Welltec after five years of booming activity: Where’s the crisis?

Welltec-founder Jørgen Hallundbæk reveals the four basic ingredients in his recipe for success. The company has enjoyed an average 58 percent annual growth in turnover the last five years. Find out how.

Photo: Copyright Welltec®

There might be a debt crisis in the Euro zone, and global growth might have been hit by the financial crisis. But no one at the Welltec headquarters in Allerød, Denmark seems to have noticed. Instead, the company has just grown and grown since it was founded 18 years ago, and in the last five years, turnover has grown by an average of 58 percent annually, says the company’s founder and CEO, Jørgen Hallundbæk, in an interview with ShippingWatch.

“We’ve tried to detach ourselves from the world that is affected by the current crisis. We’ve done this by working with oil companies that are not affected by the fluctuations of the world economy, companies such as Statoil and Exxon. Their investment opportunities are so massive, and they plan so far ahead that these minor road bumps just don’t matter,” says Jørgen Hallundbæk.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Nina Østergaard Borris takes over as USTC's CEO

Danish billionaire Torben Østergaard-Nielsen passes the position as CEO of USTC to his daughter Nina Østergaard Borris. ”A joint decision by the ownership,” Østergaard-Nielsen tells newspaper.

Related articles

Latest news

See all jobs