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    Change of management at Ulstein Verft

    News // June 6, 2003
    Tore Ulstein will be taking over as president of Ulstein Verft AS (UVE) after Gunvor Ulstein. Gunvor Ulstein will now concentrate on her role as CEO of Ulstein, focusing on business development, financing and shipping. The primary responsibility for themarket rests with Ulstein Design AS.

    Gunvor Ulstein will continue as president of Ulstein Mekaniske Verksted Holding ASA (UMVH), and Tore Ulstein as vice president of UMVH. Tore is also president of Ulstein Design AS.

    "Next year marks the fifth anniversary of our separation from what was previously the Ulstein group, so we stand at an important crossroads. From 2004 we can freely sell a broader range of specialised ships and ship systems to the global market, but in order to be successful we are dependent on an international focus as well as developing our ability to commercialise new products. The changes in management form a part of this process," said chairman Idar Ulstein.

    "With almost 90 years experience in shipbuilding, Ulstein has developed considerable expertise in the development, building and sale of vessels designed for demanding marine operations. Ulstein Verft acts as Ulstein's most important competence base for the building of specialised ships and carrying out projects. This must also continue in the future. Our ambition is to contribute new and improved specialised vessels for the global market through quality and flexibility both in design and implementation.In order to realise this we are turning from a labour-intensive to a more competence-intensive focus," concluded Idar Ulstein.

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