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Best regards,

Odd Tore Finnøy

Motivated Employees

Our employees are the company’s most important resource and if

managed correctly, Brunvoll’s corporate culture has the potential

of being our greatest competitive advantage. This is largely

expressed in the company’s vision of “Trusted World Wide.” It is

of essential importance that employees experience a high level of

job satisfaction and motivation, and that Brunvoll is perceived

as an attractive workplace for talented and skilled employees. To

monitor the status and further develop our human resources, we

have partnered with “Great Place to Work® Institute” and use their

methodology to measure how employees perceive the company’s

credibility, respect, fairness, pride and company fellowship. Our

long-term goal is to be among the top 10 companies in Norway.

The first measurement was conducted in 2014 and repeated in

2015. The measurements provide input to the targeted measures,

and this works. The 2015 employee survey showed a 10 percentage

points average improvement in all dimensions, but being an

ambitious employer there is still room for improvement.

Colocation at Årø

A major milestone for Brunvoll this Spring is that we once again

become a company where all functions are gathered in one place.

The Factory Organization, engineering and the administrative

functions are all colocated at Årø with the establishment of a new

office building on the opposite side of the road from the factory.

The buildings are connected by a footbridge to facilitate more

interaction and to give a sense of community. The consolidated

buildings will be named Brunvoll Competence Centre. The

colocation will be an important factor for realizing a more

rational and efficient supply chain and an even more coordinated

and productive corporate culture.

Advanced collaboration and extensive R&D activity

As a strategic measure, Brunvoll is an active participant in the

competence cluster iKuben. iKuben has successfully shown

that businesses benefit from great advantages by working

with R&D projects, where several of the network’s companies

work together with the involved research cluster. Joint R&D

projects is perhaps the most difficult topic a business cluster

can work with, but iKuben have found the recipe for success.

The level of cooperation in iKuben is so good that the cluster

aims to move on from an Arena status to apply to become a

Norwegian Centre of Expertise (NCE). The topic for the further

development of the cluster is just common measures within

the fourth industrial revolution referred to above. Specialty

designation used by iKuben is “Industrial Internet”, covering

also environment and sustainability.

Long-term planning

With long-term planning and a willingness to invest, as

shareholders of Brunvoll demonstrate, and the development-

oriented strategy adopted, we show that we are investing

aggressively even in a difficult market situation. We see exciting

development for the company in a world of rapid rate of change.

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