Written by Vector1Media Wednesday, 13 January 2010 16:06
Grontmij restructures from six geographic regions to three business lines.
Grontmij restructures from six geographic regions to three business lines: Water & Energy, Transportation & Mobility and Planning & Design.- Each business line to be headed by a newly appointed Group Director
- Enhanced strategy 2010-2015:
- to increase organic revenue growth and profitability
- to optimise local market positions, and increase efficiency
- to be complemented by acquisitions
- cross-border selling and knowledge sharing underpins strategy
- 2010: execution of cost reduction plan, first benefits in second half of the year, and implementation of new organisational structure.
Grontmij will restructure the business from six separate geographical regions to three business lines in line with the most profitable and fastest growing markets; water, energy, and transportation next to sustainable planning and design. Grontmij will begin to operate and report across three business lines, namely; Planning & Design, Transportation & Mobility and Water & Energy.
Furthermore, Grontmij announces an enhanced five year strategy with a focus on profitability, organic revenue growth and further expansion by acquisitions. The company will leverage its local expertise to allow greater knowledge sharing and cross selling internationally across the business. At the core of the strategy is the principle of sustainability by design which is a leading proposition for Grontmij’s customers.
Sylvo Thijsen, CEO, comments ‘Our strategy to 2015 is a logical next phase in the development of Grontmij. Five years ago, we were mainly active in the Netherlands. After a period of sustained organic growth, complemented by acquisitions, our company is now one of the leading design and management consultancies in Europe. Based on our local strongholds, focussing on innovations and expertise across the company and actively pursuing new markets for these, we will continue to grow the company and increase our profits. Especially in the current economic climate, the organisational change will enable us to better anticipate demand, unlock synergies and leverage this across geographical borders. The new organisational structure offers opportunities for our people too with growing opportunities to work in new geographical locations and with expanded international expertise. Our long term goals are ambitious; nevertheless in the short term we have to absorb the economic challenges by reducing our cost base according to our Q3 announcement.’
