EnergyWatch

Welltec moves headquarters to Switzerland

Founder Jørgen Hallundbæk is busy relocating the headquarters of oil player Welltec, once a potential candidate for a Danish IPO, and not just because of tax advantages, says the company's CLO Martin Skovbjerg to EnergyWatch.

Photo: Copyright Welltec®

Jørgen Hallundbæk, founder of oil technology company Welltec, is currently shifting the headquarters of the Danish company to Switzerland, confirms the CLO of Welltec, Martin Skovbjerg, to EnergyWatch.

"We have not fully implemented it yet, but this is the plan we are working on," says Skovbjerg, who has permanently moved the company's office to the Swiss municipality Zug, where Hallundbæk (pictured) is working together with another employee.

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