Business areas & strategic objectives DEIF divides the business into 2 divisions: The Power & Marine Division This division is divided into two very well established business areas: 1. Land Power DEIF is among the leading global suppliers of controllers for decentralised power and heat production. DEIF delivers solutions for decentralised power/co-generation plants based on diesel, gas, steam, hydro power, and hybrid PV/diesel/battery plants. Moreover, DEIF is a leading supplier of control solutions for complex emergency power plants (critical power). Land Power focuses on green and sustainable solutions that generate as much power as possible using the least possible fuel. Using DEIF’s technology furthers the use of more environmentally friendly power sources such as solar cells and biogas. 2. Marine & Offshore DEIF is the undisputed leading global supplier of power management solutions for ships, offshore installations and special instruments for ship bridges. DEIF supplies components and complete control systems for securing and optimising the very complex power generation and distribution on ships. DEIF also helps ensure maximum safety on the ships’ bridges through the delivery of custom-designed and extremely reliable instrumentation. Marine & Offshore helps reduce pollution from shipping through a “green marine” programme that focuses on minimising fuel consumption by optimising the production of electricity and regulating consumption while still safeguarding ship safety and the actual power needs. The Wind Power Technology Division DEIF is a globally leading supplier of control technology for wind turbines of any size. The solutions are based on deep and specialised knowhow comprising all knowledge concerning control of wind turbines. DEIF’s solutions include both hardware, software and IT to handle the full control and monitoring of each individual wind turbine and entire wind farms. The solutions are suitable for both new turbines and retrofitting of existing ones. DEIF’s strategy is to cooperate closely with wind turbine owners to minimise the Total Cost of Ownership. DEIF helps promote the use and optimisation of wind turbines. Implementing DEIF’s technology optimises the wind turbine performance while minimising service costs. The Wind Power Technology Division The Power & Marine Division Land Power Marine & Offshore 6 Management’s statement on the annual report The Board of Directors and the Management have today considered and adopted the annual report of DEIF A/S for the financial year 1 January to 31 December 2017. The annual report has been prepared in accordance with the Danish Financial Statements Act. We consider the accounting policies applied appropriate and the used financial estimates sound. Thus, the complete annual report provides a true and fair view of the Group’s and parent company’s assets and liabilities, financial position and the results of the Group’s and parent company’s activities and cash flows. In our opinion, the management report gives a true and fair view of the financial standings and conditions it deals with, and it describes the Group’s most significant risks and uncertainties. We recommend that the annual report be approved at the annual general meeting. Skive, 4 April 2018 Toke Foss Managing Director Management Mogens Garder Director Power & Marine Division Christian Nielsen Director, Wind Power Technology Division Mogens Filtenborg Chairman Peter H. Røpke Ole Ravnborg Staff-elected Board of Directors Kim R. Rasmussen Hans Henrik Pontoppidan Tonja W. Rasmussen Staff-elected Birgitte Brinch Madsen Frederik A. Foss 7
Download PDF file
Build your own flipbook