Photo: PR
Danish Viking Life-Saving Equipment A / S with around 3,000 employees employed in maritime security globally has just presented a profit for 2020 of DKK 170 million before tax. However, the company had to lay off hundreds of employees especially at a factory in Thailand to reach that profit during the pandemic.
Viking Life-Saving Equipment A / S is one of the world’s leading suppliers of safety equipment and services to marine, offshore, and the fire industry. Like other companies, they had to adjust when the pandemic closed down the world and collapsed the offshore market a year ago.
The declining demand for maritime safety equipment had consequences for a significant number of employees in the Viking Group and a few hundred employees have been laid off, especially in connection with production in Asia, but also a small number of salaried employees in Denmark and…
