Kjell Inge Rokke Aker will cut a number of costs this year, writes CEO, Øyvind Eriksen, Aker’s annual report for 2014.
In 2014, the company’s administrative costs 223 million, and these should now be reduced.
The company has also cut in bonus payments, and also hand out fewer dollars in salary increases.
“Given’s results in 2014, has the bonus payments were reduced compared with 2013. Employees with an annual salary of over 1.5 million have not received any pay increases, while those who earn below this has gotten a inflationary increase of two percent, “writes Eriksen.
In addition, the board of Aker proposed freeze control remuneration.
Fly and cross
company also makes significant cuts in two other records.
From 1 May this year concludes Aker their cooperation as the main sponsor of the Norwegian cross-country team, which will provide savings of close to 20 million a year. They also sell a 50 percent stake in the company private plane, which reduces Akers air fares by 10-15 million annually.
“These two measures will reduce costs by Akers approximately 15 percent per year,” writes Eriksen.
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