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IN BRIEF

We are a single-source supplier and take full responsibility for

the whole Thruster System. We provide fully integrated thruster

solutions with drive motors, hydraulic power units, control,

alarm and monitoring system. Each system can be optimized to

meet the needs of the individual vessel and operation. We offer

electric and diesel drive systems and we provide service and

support for the lifetime of the Thruster System.

Business Concept

Design, manufacturing, sales and service of Thruster Systems

for manoeuvring and propulsion of advanced vessels.

Vision

Trusted World Wide

Company Structure

The Group’s operations are conducted through Brunvoll AS,

while all of our properties have been spun off into separate real

estate companies, which are sister companies to Brunvoll AS.

All the companies are wholly owned by Brunvoll Holding AS,

the parent company of the Group. The parent company has

been owned by the Brunvoll family since its establishment in

1912, and the ownership is now in the 3rd and 4th Brunvoll

generation. We have organized our operations into two

segments: New Sales and After-Sales service.

Product History

During the first 55 years of the company’s history, the product

base consisted of low-pressure semi-diesel engines, mainly for

fishing vessels. When high-speed diesel engines manufactured

on a large scale took over the market in the mid-1960s, the

company found a market niche in thrusters for manoeuvring.

Since then, Thruster Systems have been the basis for our business.

With Thruster Systems as Brunvoll’s product area, we had

already defined our market as global by the early 1970s. We

decided to focus on specific vessel types with specialized needs,

rather than all vessel types in a geographically defined area.

We have developed strong market positions within the

following types of vessels:

• Offshore Support Vessels

• Shuttle Tankers

• Seismic Vessels

• Advanced Fishing Vessels

• Live Fish Carriers

• Cruise Ships

• Mega Yachts

• Naval Vessels

The company is currently represented through agents in 26

countries, all situated in markets where advanced vessels are

built, owned, designed or maintained.

OUR VALUE CHAIN

4

Annual Report 2015

New Sales / Project Management

Delivery

Sales

1

2

FAT

Installation &

Commissioning

Shipment &

Invoicing

Assembly

Surface Treatment

Component

Production

Procurement

Engineering

After-Sales service