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VOW ASA (SSHPF)

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At close: 09:30AM EDT

VOW ASA

Lysaker Torg 12
Lysaker 1366
Norway

https://www.vowasa.com

Sector(s)Industrials
IndustryPollution & Treatment Controls
Full-time employees128

Key executives

NameTitlePayExercisedYear born
Mr. Henrik BadinChief Exec. Officer284.47kN/A1970
Mr. Erik MagelssenChief Financial Officer184.42kN/AN/A
Mr. Jonny HansenChief Operating Officer195.31kN/AN/A
Asgeir WienChief Devel. Officer181.16kN/A1966
Mr. Henning MohnChief Regulatory Officer152.77kN/AN/A
Mr. Bjørn Abraham BacheChief Commercial Officer180.15kN/AN/A
Erling HoftunVP of Sales & Project Devel.N/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

VOW ASA, together with its subsidiaries, manufactures and supplies systems for processing and purifying wastewater, food waste, solid waste, and bio sludge. It operates through Projects Cruise, Aftersales, and Landbased segments. The Projects Cruise segment delivers ship systems to shipyards for newbuild constructions, which include advanced wastewater purification, waste management, and food waste processing; advanced systems to shipowners for ships; and systems for aquaculture sludge treatment. The Aftersales segment offers spare parts and consumables; chemicals; and tailor-made service and maintenance programs. The Landbased segment offers Biogreen, a patented pyrolysis process for converting biomass, plastics, and waste into energy; Safesteril, a patented sterilisation process for food and pharmaceutical ingredients; and industrial robotics solutions, including robotic systems for waste recycling processes. The company serves cruise, aquaculture, and land-based industries, as well as utilities. It has a strategic partnership agreement with Repsol, S.A. to explore applications and solutions to produce clean and renewable energy for CO2 emission reduction. The company was formerly known as Scanship Holding ASA and changed its name to VOW ASA in January 2020. The company was founded in 2011 and is headquartered in Lysaker, Norway.

Corporate governance

VOW ASA’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.