Delayed projects cost Bladt its profit

"There are some big projects that have gone wrong," says the new CEO of Bladt Industries, after the equity fund-owned company suffered its first deficit in 10 years.

Photo: Jesper Voldgaard

Bladt Industries bit off more than they could chew in 2014.

The equity fund-owned steel specialist from Denmark, that delivers foundations for the wind and oil industry, suffered its first deficit in ten years last year. Delayed projects cost overtime, weekend work and the relocation of projects. This put the bottom line in the red.

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