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MT Højgaard

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MT Højgaard
Company typePrivate company
IndustryConstruction,Civil engineering
Founded2001
HeadquartersSøborg,Denmark
Key people
Torben Biilmann, (CEO)
RevenueDKK6,979 million (2014)[1]
DKK207 million (2014)[1]
DKK(252) million (2014)[1]
Number of employees
3,846 (2014)
SubsidiariesAjos, Enemærke & Petersen, Lindpro, Scandi Byg, Greenland Contractors, Seth
Websitemth.com

MT Højgaard Groupis one of the leading construction and civil engineering companies in theNordic countries.The Group works with customers throughoutDenmarkand in multiple countries overseas. The company was founded in 2001, when Højgaard & Schultz and Monberg & Thorsen merged to form MT Højgaard.

The Group consists of MT Højgaard as well as a number of specialized wholly and partly owned subsidiaries. MT Højgaard Group solves all needs within construction and civil engineering from designing to building bridges, housing and business property. The Group also worksoffshoreand has installed the offshorewind turbinefoundations.

MT Højgaard's headquarters is located inSøborg,close toCopenhagen,and has local offices throughout Denmark and overseas. In 2014, the company had a turnover of DKK 7 billion and employed nearly 4,000 people.

History

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Højgaard & Schultzwas founded by Knud Højgaard and Sven Schultz in 1918 andMonberg & Thorsenwas founded by Axel Monberg and Ejnar Thorsen in 1919.[2]One of the first major projects undertaken by Højgaard & Schultz was the construction of the Port ofGdyniainPolandwhich was completed in 1935.[2]Monberg & Thorsen also established its reputation as a civil engineering business in 1935 with the opening of theLittle Belt Bridge.[3]Monberg & Thorsen was later involved in thePont de Normandiein France completed in 1995[4]and theMillennium BridgeinLondoncompleted in 2000.[5]The two companies worked together on the construction of theFarø Bridgescompleted in 1985, on theGreat Belt Fixed Linkcompleted in 1998 and then on theØresund Bridgecompleted in 2000.[2]

Højgaard & Schultz merged with Monberg & Thorsen to formMT Højgaardin 2001.[6]

TheHardanger Bridgebeing built by MT Højgaard

Operations

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The business is organised as follows:[7]

  • MT Højgaard - civil engineering, construction and refurbishment
  • Ajos - leasing of plant & equipment
  • Enemærke & Petersen - refurbishment and new build
  • Greenland Contractors - daily operations, including construction, service and maintenance projects, atPituffik Space BaseinGreenland
  • Scandi BYG - industrial modular buildings
  • Seth - marine works inPortugalandAfrica

The business has been developing theLincs Wind Farmoff the UK.[8]The business is still owned 54% by Højgaard A/S and 46% by Monberg & Thorsen A/S, both of which holding companies are listed on theNasdaq Copenhagen.[9]

Major projects

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Major projects carried out by the company since the merger includeField'sShopping Centre inDenmarkcompleted in 2004,[10]a new concert hall for theDanish Broadcasting Corporationcompleted in 2007,[11]theNuuk CenterinGreenlandcompleted in 2012[12]and theHardanger BridgeinNorwaycompleted in 2013.[13]

References

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  1. ^abcMT Højgaard: Financial highlights
  2. ^abc"Our history".MT Højgaard.Retrieved1 April2013.
  3. ^Little Belt Bridge (1935)atStructurae
  4. ^Normandy BridgeatStructurae
  5. ^Millennium BridgeatStructurae
  6. ^"Danish Competition Authority to look at Hojgaard & Schultz/Monberg & Thorsen merger".Nordic Business Report. 3 April 2001. Archived fromthe originalon 18 October 2016.Retrieved1 April2013.
  7. ^MT Højgaard: Organisation chart
  8. ^"Turbine Installation Starts as MT Højgaard Completes Work on Lincs Wind Farm, UK".19 September 2012. Archived from the original on 5 November 2014.Retrieved1 April2013.{{cite web}}:CS1 maint: bot: original URL status unknown (link)
  9. ^MT Højgaard: Organisation
  10. ^"Field's".Architravel.Retrieved12 January2016.
  11. ^"DR's problem child - the concert hall - is finally finished".Ingeniøren. 28 August 2007.Retrieved12 January2016.
  12. ^"Nuuk Center".Greenland Today. 13 July 2012. Archived fromthe originalon 4 October 2013.Retrieved31 March2013.
  13. ^Hardanger BridgeatStructurae
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