Van Oord has achieved a record turnover of € 2.104 billion (2013: € 1.641 billion) in 2014. Van Oord’s strategy continues to focus on its three current activities: dredging, offshore oil & gas, and offshore wind.
The offshore wind projects division grew exponentially in 2014, in terms of both turnover and organisation. This growth was based on the award of two major contracts to Van Oord (Eneco Luchterduinen and Gemini). The projects and activities on this market are fundamentally different than those in either the dredging or offshore oil and gas sector. Van Oord anticipated this within the company by adjusting its organisation and attracting and training employees with other competences and capabilities. The development of the offshore wind market is still in full swing, with one continuing and relatively uncertain factor being the political decision-making on the construction of large offshore wind parks and the necessary government support for these types of projects. Particularly important are the political efforts at European level to continue investing in the generation of sustainable energy.
