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Annual Report in English - Consilium

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HIstoRY<br />

HIstoRY<br />

<strong>Consilium</strong>’s products and solutions have been on the market a<br />

long time and bear the hallmark of long tradition and history –<br />

this is particularly relevant <strong>in</strong> 2012 as the <strong>Consilium</strong>’s speed logs<br />

(sAl) celebrate their 100-year jubilee. <strong>Consilium</strong> has developed<br />

many of the products and systems it markets, while others have<br />

been acquired. With its global market organisation, <strong>Consilium</strong> is<br />

<strong>in</strong>creas<strong>in</strong>gly able to also offer the sale of external suppliers’ quality<br />

products.<br />

<strong>Consilium</strong>’s marketed trademarks have been <strong>in</strong>stalled, used and<br />

ga<strong>in</strong>ed respect over many decades. the description below shows<br />

some important years <strong>in</strong> <strong>Consilium</strong>’s modern history s<strong>in</strong>ce the<br />

Company’s 1994 stock exchange <strong>in</strong>troduction.<br />

1995 <strong>Consilium</strong> acquires Selesmar Italy, which becomes<br />

<strong>Consilium</strong> Selesmar.<br />

1997 <strong>Consilium</strong> launches the world’s first <strong>in</strong>tegrated fire alarm<br />

and gas detection system. In the same year, <strong>Consilium</strong><br />

acquires a mar<strong>in</strong>e VDR development project from<br />

Wahlberg and Sehl<strong>in</strong>, complet<strong>in</strong>g and <strong>in</strong>dustrialis<strong>in</strong>g the<br />

product.<br />

1999 <strong>Consilium</strong>’s first voyage data recorder is granted<br />

<strong>in</strong>ternational type approval.<br />

2000 <strong>Consilium</strong> acquires Japanese Nittan’s mar<strong>in</strong>e fire alarm<br />

operation.<br />

2003 <strong>Consilium</strong> develops a fire alarm system customised for the<br />

transport market, which achieves a major breakthrough<br />

when Danish State Railways (DSB) orders systems for<br />

100 tra<strong>in</strong> sets. In the same year, <strong>Consilium</strong> launches a<br />

new radar family, Selesmar Selux, after several years of<br />

<strong>in</strong>tensive development. <strong>Consilium</strong> also launches the new<br />

T-series family of logs, and presents a solution for us<strong>in</strong>g<br />

the log’s acoustic pulse to measure bottom depths, which<br />

goes on to become the world’s first comb<strong>in</strong>ed speed log<br />

with echo sounder function.<br />

2004 <strong>Consilium</strong> establishes the manufacture of navigational<br />

products <strong>in</strong> Ch<strong>in</strong>a. In the same year, <strong>Consilium</strong> acquires<br />

Norwegian competitor Servoteknikk.<br />

2005 In response to new <strong>in</strong>ternational regulations, <strong>Consilium</strong><br />

launches a simplified voyage data recorder, <strong>Consilium</strong><br />

S-VDR. The same year sees the launch of <strong>Consilium</strong>’s<br />

CS4000 fire alarm system. The system represents<br />

<strong>Consilium</strong>’s first step toward a new construction<br />

philosophy and evolves <strong>in</strong>to the Group’s most successful<br />

proprietary market offer<strong>in</strong>g.<br />

2006 <strong>Consilium</strong> launches a new generation of mar<strong>in</strong>e voyage<br />

data recorders and sells its 1000th VDR – a milestone <strong>in</strong><br />

the Group’s history. <strong>Consilium</strong> and Japanese company<br />

Nittan merge their Scand<strong>in</strong>avian fire alarm operations for<br />

the land market to form a new company, CN System AB.<br />

62<br />

2007 As part of its efforts to establish a clearer focus on<br />

products and systems for safety and navigation,<br />

<strong>Consilium</strong> Group portions out Precomp Solutions AB<br />

(publ), formerly <strong>Consilium</strong> Components, to its shareholders.<br />

Dur<strong>in</strong>g the year, the company launches two new<br />

products – an emission monitor<strong>in</strong>g system (EMS) for<br />

ships and an electronic chart display and <strong>in</strong>formation<br />

system (ECDIS).<br />

2008 <strong>Consilium</strong> establishes a new bus<strong>in</strong>ess area <strong>in</strong> response<br />

to <strong>in</strong>creas<strong>in</strong>g demand from the oil and gas <strong>in</strong>dustry,<br />

particularly <strong>in</strong> the Middle East. The Automation bus<strong>in</strong>ess<br />

area started life as a project with<strong>in</strong> <strong>Consilium</strong>’s bus<strong>in</strong>ess<br />

development. The Company establishes a new market<br />

company <strong>in</strong> Qatar to serve the local market with sales,<br />

plann<strong>in</strong>g & design, customer service and support.<br />

2009 <strong>Consilium</strong> merges the operations <strong>in</strong> the Fire & Gas and<br />

Navigation bus<strong>in</strong>ess areas to form a new bus<strong>in</strong>ess area:<br />

<strong>Consilium</strong> Mar<strong>in</strong>e & Safety. Dur<strong>in</strong>g the year, <strong>Consilium</strong><br />

sells its half share <strong>in</strong> the tank level measurement company<br />

Jowa <strong>Consilium</strong> US Inc. The disposal means there are<br />

no longer any entities reported under Other operations.<br />

Dur<strong>in</strong>g the year, <strong>Consilium</strong> also acquires 51 percent of the<br />

shares <strong>in</strong> its sales representative <strong>in</strong> Spa<strong>in</strong>, Radio Maritime<br />

International S.A., and the company’s name is changed to<br />

<strong>Consilium</strong> RMI Spa<strong>in</strong> S.A.<br />

2010 <strong>Consilium</strong> cont<strong>in</strong>ues to strengthen its market organisation<br />

and establishes additional offices <strong>in</strong> Belgium, India and the<br />

United States. In total, the company has its own offices <strong>in</strong><br />

19 countries and 95 percent of sales come from markets<br />

outside Sweden. The strong global reach also attracts<br />

other product suppliers and <strong>Consilium</strong> adds a number<br />

of external supplementary products and systems that<br />

have good potential for <strong>in</strong>creas<strong>in</strong>g growth with stronger<br />

marg<strong>in</strong>s. Sales of products and systems to new markets<br />

and specific niche segments <strong>in</strong>crease progressively and<br />

<strong>Consilium</strong>’s orders <strong>in</strong>clude orders for fire alarm systems<br />

for high-speed tra<strong>in</strong>s <strong>in</strong> Ch<strong>in</strong>a and a breakthrough order<br />

for <strong>in</strong>tegrated navigation and communication systems.<br />

2011 <strong>Consilium</strong>’s speed logs (SAL) are celebrat<strong>in</strong>g their 100year<br />

jubilee. As a result of the progressive <strong>in</strong>crease <strong>in</strong><br />

sales of fire safety systems to the on-shore oil and gas<br />

<strong>in</strong>dustry, the name of the Automation bus<strong>in</strong>ess area is<br />

changed to Fire safety & Automation. <strong>Consilium</strong> signs a<br />

global cooperation agreement with Orange for the sale<br />

and <strong>in</strong>stallation of mar<strong>in</strong>e satellite communication solutions.<br />

With traditional mar<strong>in</strong>e products as its technology<br />

and volume base, <strong>Consilium</strong> <strong>in</strong>creases its focus on specific<br />

niche products and successfully launches special radar for<br />

the detection of oil spills (<strong>Consilium</strong> Oil Spill Detection<br />

Radar).

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