Annual Report 2008
The beginning of the year was characterised by a continued high level of construction activity and by prices which recently had been reaching old records for some of our products. The end of the year saw rapidly falling activity levels within the construction industry, a trend which required us to make adjustments – adjustments which will continue during 2009.
People need quality rooms in which to live, work and enjoy their leisure time. Quality rooms mean a pleasant environment, which is practical, contributes to good health and life, is easy on the eye and inspiring. All of us use rooms and our perception of what constitutes a quality room varies and alters over time as our needs change. Moelven’s task is to create quality rooms no matter what they are used for today or what they will be used for tomorrow.
Sony Ericsson - a creative power centre
Drammensbadet - a high-quality system
Zitty - part of the new Strømsø
Moelven is one of Scandinavia’s leading suppliers of building products and associated services, offering the most wide-ranging product assortment. Many of our products are based on timber resources obtained from suppliers practicing sustainable forestry management. We provide quality rooms for people and businesses.
Local communities - Openness an local commitment
Human resources - Opportunities to people with drive
Environmental commitment - Wood based production
Financial accountability - A results-oriented business culture
2008 was a year which saw major changes in market conditions as a result of the financial crisis. For the Moelven Group, the focus has been on adjusting to market conditions, the ongoing identification and implementation of efficiency improvements within the operation and the further development of existing business in line with the strategic plan.