Annual Report in English - Consilium
Annual Report in English - Consilium
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).