Hendrik Veder Group UK announce record growth and investment in 2024

The UK division of Hendrik Veder Group has its sights set on a promising 2024, following a year of
growth that saw the steel wire and fibre rope products and services provider achieve its highest
earnings since 2019.

Across 2023, Hendrik Veder Group UK – which has offices based in Aberdeen and Sheffield – completed
several large-scale projects throughout the UK, won due to the firm’s track record in providing tailored
solutions for specific client requirements.

As a result, the Aberdeen branch of Hendrik Veder Group UK made significant internal investment;
appointing five new positions (bringing its team to 34), expanding its office space, implementing a new
operational IT system, and investing in a faster press for pipe slings to optimise production. Now, its UK
leadership team aims to capitalise on last year’s successes, including furthering its output within services
and renewable-based projects.

As a champion of promoting sustainable solutions and alternatives, Hendrik Veder Group UK reaffirmed
its commitment to contributing to Net Zero ambitions through its involvement in an upcoming Scotland-
based offshore wind farm. This new deal has seen Hendrik Veder Group supply lashing materials for the
transport of windmill towers for the renewables project. This highlights the Group’s aims and ability to
diversify into new industries.

The growth into the renewables sector consolidates Hendrik Veder Group’s commitment to sustainable
solutions. This follows its output of fibre rope in 2023, including mooring ropes recycled from previous
ropes and slings. Providing alternative solutions, Hendrik Veder Group unburdens customers in reducing
their carbon footprint.

Discussing recent growth, UK Managing Director Bertwin Zonneveld commented: “2023 was a successful
year. Through our sales efforts, excellent customer service, and sustainability-focused product line, we
reached new highs not experienced since the market disruption caused by the pandemic. This is a
positive sign of shifting market trends and opportunities for those in the supply chain, particularly within
renewables. Sustainability is at the core of what we do as a Group. Our entry into the renewables market
perfectly aligns with our established aims.

For 2024, alongside the continued output of carbon-reducing alternatives, we intend to increase our
service activities and double our existing service team. We are in the best position to deliver these aims
through shareholder support that shows their belief in the Group’s Aberdeen office. With this support,
we will continue delivering innovative sustainable solutions for our customers, generating positive
results across projects and contracts.”