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Norwegian video solutions firm invests in Gdansk


2011-01-07



Nevion, a Norwegian maker of video transport solutions, announced the opening of a production facility in Gdansk. The unit will be responsible for the final assembly, testing and distribution of advanced video transport equipment for TV broadcasters. At present it employs 15 people, but the number is likely to double within the next two years as Nevion gradually moves operations from Norway and the United States to Poland. The value of the investment so far is PLN 1m (approx. €0.26m), and the anticipated sales turnover of the Gdansk unit in 2011 is €6m.

The company selected Gdansk due to a mixture of factors, notably the availability of qualified management staff with long experience, proximity to its headquarters in Norway and direct air connections with Scandinavia, as well as a history of three years of successful collaboration with Polish companies in the Gdansk area, NOTE and TStronic.

The investment by Nevion was supported by the Polish Information and Foreign Investment Agency (PAIiIZ).

Nevion has world headquarters in Sandefjord, Norway, U.S. headquarters in Oxnard, California, and global offices in Singapore, Dubai, and the UK.



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