Kvaerner refuels search for IR manager in the UK

Kvaerner, the Norwegian shipbuilding-to-engineering group, is looking for an investor relations manager.

Kvaerner, the Norwegian shipbuilding-to-engineering group, is

looking for an investor relations manager.



Vice-president of corporate communications Paul Emberly said the search

had been ’on the back burner’ for the last few months.



The company has faced a series of setbacks over the past few months.



In February it posted a 70 per cent fall in pre-tax profits despite

recording a pounds 3 million pre-tax profit for its construction

arm.



Earlier this month the firm’s Govan shipbuilding works in Clyde lost a

pounds 200 million Royal Navy contract to the rival VSEL submarine yard

in Barrow.



The investor relations post would be based at Kvaerner’s international

communications headquarters in London and report to senior vice

president Trond Andresen.



The company already employs an investor relations person in its Oslo

office in the form of assistant vice president of investor relations

Hennang Bratlei.



Kvaerner has six business units. They are: shipbuilding, engineering,

oil and gas, construction, metals and pulp and paper.



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