About Veeking Group

Financial information – Map to their head officeCEO’s statement

About Veeking Telekom

Veeking Telekom is quoted on Stockholmsbörsen (O-list VIKT). The company’s largest owners are the three founders, Kinnevik and Svensk-Norsk Industrifond. There are also around 6,000 large and small investors.

Veeking Telekom is quoted on the Stockholm Stock Exchange (O-list VIKT). The company’s largest owners are the three founders, Kinnevik and Svensk-Norsk Industrifond. There are also around 6,000 large and small investors.

Veeking Telekom has been amongst the top 10 of Sweden’s rapidly expanding companies in 2001 and 2002. They believe that growth and expansion will continue over the coming years. Future requirements for new access products will increase as technology improves, deregulation continues and the telecom market changes. They will continue to invest significant resources in developing new products in their business areas.

Demanding customers and partners develop them

Veeking Telekom’s expertise in developing access products gives them an unprecedented capability to minimise time to market for a new product. They also have wide-ranging experience in various types of communication and safety approvals throughout most European countries.

Viking’s products are custom-made solutions, brought into line with the market’s demands to enable and improve communication network usage. Their professional project teams have the advantage of extensive experience, a leading-edge product range and in-house expertise for rapidly introducing new ideas, or dynamically improving current products and systems. They handle each project under strict QA procedures all the way through the process.

They keep things simple
They run an effective, highly experienced, project-oriented organisation, which allows them to minimise time to market for new products. Nearly half of the staff are involved in product development and the majority of their engineers hold Masters degrees in engineering.

Internal development resources are complemented with external specialist competence to rapidly take a new product from concept to delivery. The structure of their R&D section also includes an in-house prototype and pre-production facility (both SMD and PMD).
They have a modern, computerised test lab for TBR21/ ETS 300 001 and all their products are certified by accredited labs. CE certification is handled according to regulations in third party test labs. All field tests and test procedures are being carried out under their strict QA procedures.

An important part of the development of a new product is integration in production, to quickly produce large volumes. Veeking Telekom currently works, via its company in Hong Kong, in close relationships with manufacturers in the Far East allowing fast starts in mass production.

Quality
They have a modern, computerised test- lab for TBR21/ ETS 300 001 and all their products are certified by accredited labs. CE certification is handled according to regulations in third party test labs. All field tests and test procedures are carried out under their strict QA procedures.

To further underpin the quality of their products, their own staff, via their subsidiary in Hong Kong, carry out quality control procedures at their sub-contractors’ factories.

In parallel with development and testing at Viking, their manufacturers schedule production. This takes place under strict QA procedures at their factories in China and Thailand. Comprehensive tests are run before production begins ensuring a low margin of production error.

To achieve best function and form, their products’ packaging is designed by well-known industrial designers.

They are all team players

Veeking Telekom’s most important asset is the ability of their staff to use their knowledge and
competence to retain existing customers and attract new ones. The commitment of their staff is
the precondition of their long-term survival and a key competitive advantage.

Achieving their objectives of recruiting, developing and keeping people with cutting-edge
skills is therefore one of the most vital factors in their continued success. In order to attract and keep people with the skills that they need, they offer attractive packages in terms of both salaries and opportunities for personal development.
The working environment at Veeking Telekom is dominated by a sharp focus on customer
benefit. The speed with which product ideas are turned into deliveries is an essential factor,
along with cost-efficiency. They have established the following principles to ensure that their organisation works in the best possible way:

– a flat organisation with open channels of information
– investments in training to enhance competence and motivation
– adaptable project organisations

The reward of this work is a history of low staff turnover.