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    FREJA adjusts in top management

    In May 2019, FREJA adjusted in top management and added new competencies.

    FREJA founder, Jørgen J. Hansen, stepped back as Group CEO and has since May 1 used his expertise as working Chairman of the Board in FREJA Holding. Jørgen has been managing the daily operations of FREJA, since he started the company back in 1985 with a partner.

    Until May 1, Ulrik Rasmussen was Managing Director Denmark, but has now taken on the new role as Group CEO for FREJA. Ulrik, who has been with FREJA since 2010, has been Managing Director in both FREJA Norway and FREJA Denmark.

    FREJA’s previous Regional Director Denmark West, Jan Sunde, has been appointed the new Managing Director for FREJA Denmark. Jan has since 2017 been a part of the Danish country management team. About the new position, Jan says: “I look forward to the collaboration with all the highly skilled colleagues in FREJA, where everyone has an important role and team effort is crucial for our success. I would like to say thank you to FREJA’s top management for trusting in me to take over from Ulrik”. The recruitment of a new Regional Director Denmark West will be effectuated during 2019. Until then, Jan will also continue in this role.

    In connection to the above, FREJA has strengthened the future management team by recruiting Nicolai Præstholm as Group Business Development Director. Nicolai started May 1, 2019 and has already started to work with development projects on Group level. Before, Nicolai worked as a consultant at Implement Consulting Group and he was also a member of the Board in FREJA Holding.


    FREJA sends out the CSR Report for 2018

    At FREJA, we have chosen to take responsibility. We value Corporate Social Responsibility (CSR) and it is an integrated part of the way, we run our business. We are proud to send out the newest CSR report for 2018 that documents our initiatives. The CSR report has been developed with the purpose of creating greater transparency through all levels of the supply chain. This will make it easier for you to understand where you can optimize your supply chain in order to run a more sustainable business.

    FREJA develops effective transport and logistics solutions for a world in motion and we strive to reduce our imprint on the environment throughout our value chain. “FREJA is a responsible company with things in order – this is applies to everything from our Code of Conduct for the haulers, to our innovation concepts and employee development – trainees as well as managers. Our focus is on people and we believe that well-being and motivation drives a sustainable business” says FREJA’s Managing Director in Denmark, Jan Sunde.

    For this reason, CSR is one of the strategic areas that our business is built upon. Within CSR we have 7 priority-areas, which the report for 2018 follows: 1) climate & environment, 2) human rights, 3) working conditions, 4) financial and business affairs, 5) local community, 6) good management, and 7) good business practice.

    The CSR report maps our business activities for Denmark, Sweden, Finland, and Norway according to UN’s 17 Sustainable Development Goals (SDG). The goals we focus on in the report are primarily 3) Good health and well-being, 8) Decent jobs and economic growth, and 9) Industry, innovation, and infrastructure, together with 4) Quality education, 5) Gender equality, 12) Responsible consumption and production, and 17) Partnerships for the goals.

    In 2019 we expect to be able to present the business activities for our newly opened department in China, as well as for our department in Poland, which we last year acquired with the purchase of Transcargo. The purpose of this is to develop a CSR report that covers the whole FREJA Group.

    You can read the CSR report for 2018 here [click]

    For further information please contact QES Manager Eric Clausen at ecl@freja.com


    FREJA expands in Poland

    In FREJA we experience a growing interest in the management of our customers' complete transport and logistics needs from pure road transport in all of Europe as well as Air & Sea solutions, to the handling of containers, storage and pick & pack services. Therefore, we are creating new opportunities in Poland.

    On a 76,000m2 large site located 20 km from Szczecin center we are constructing a new domicile where we expect to move in during May 2020.

    The first part of the project was tearing down the old buildings. This part is proceeding as planned and the next step will be the construction of the new buildings, which will include 1,400m2 office facilities, 5,400m2 high bay storage (10 m high) and 4,600m2 cross docking + pick & pack area. The warehouse facilities will be heated or prepared for heating in order to have the necessary flexibility and ability to solve our customers’ current and future needs.

    The outdoor area will be equipped with flagstones giving us parking facilities for 150 trailers. We will construct areas for frigo-trailers (power plugin), adblue refueling prepared for the future, and a 500m2 large garage for repair of trailers.

    The indoor facilities will include common rooms, sleeping rooms, showers, and kitchen facilities for drivers.

    The fenced facilities will be manned 24/7 at the entrance, where we will be able to inspect all trailers by use of scales built into the road, and the address will be a turning point for FREJA’s road transports in and out of Scandinavia.

    In addition to the new buildings we have kept two existing warehouses with a total of 4,400m2, which are already full..

    The office environment will be built in two floors considering the working environment. The location is only two kilometers from the central highway S6 direction Swinoujscie/Gdansk and S3 direction Pozna - very central for the transport flow to and from Eastern Europe, Scandinavia, and the EU.

    If you wish to know more about the possibilities in Poland, please feel free to contact Torben Mortensen at tor@freja.com


    Once again Himmerland hosted a fantastic golf event

    From May 22 to 26 the Danish region of Himmerland and FREJA welcomed hosted happy people and showed amazing entertainment in connection with the golf event Made in Denmark. 2019 was the first year with FREJA as presenting sponsor. FREJA set its mark on hole No. 10, which was dressed in FREJA’s red and white colors, and the VIP lounge hummed with FREJA identity. At hole No. 10, 400 customers, suppliers, and FREJA employees enjoyed the magnificent surroundings and enjoyed fantastic golf.

    “It was wonderful and impressive surroundings at Made in Denmark. You were very accommodating when we arrived, and we enjoyed good food and entertainment – and your tent was perfectly placed with a great view of the three best holes,” says Camilla Kristiansen Customer Service & Logistics Coordinator at Best Friend Denmark A/S.

    The days in Himmerland are very unique and very special. Customers and FREJA employees meet each other and establish new relations. You see and meet FREJA in a very different way, as one of our customers said afterward: “Thank you very much to FREJA and all FREJA employees for a splendid event! We had a fantastic experience in Himmerland and enjoyed meeting FREJA” – John Nybo, CFO at Skjern Papirfabrik A/S.

    Unfortunately, Made in Denmark was not won by a Dane this year, but by the Austrian player Bernd Wiesberger. However, Danish Martin Leth Simonsen created a success on Thursday by making a hole-in-one at hole No. 16. This gave him two wonderful Caria carts (one for himself and one for his caddie).

    The hours in our tent with customers and suppliers were spiced up with visits from well-known Danes such as Anders Dahl Nielsen, Mads Conrad, Victor Svendsen, Lucas Bjerregaard, and Thomas Bjørn, who shared their stories from their careers as professional athletes.

    One of the major events in the FREJA tent was the visit of Thomas Bjørn, who brought his Ryder Cup trophy with him and very entertainingly shared his experiences from the Ryder Cup team and the tournament in 2018 with 150 FREJA employees and business associates.

    It is obvious that both FREJA employees and customers enjoy the days in Himmerland. One of our commercial employees said to me afterward: “After a full week in Himmerland with lots of customers and good experiences, I am extremely proud of working in FREJA”.

    In FREJA we already look forward to May 2020 and to welcome you once again to Made in Denmark presented by FREJA in Himmerland.


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    Based on a new operational setup in Sweden, FREJA has taken the decision to scale down operations in Gothenburg and close the small branch. Production is moved to the larger locations in Helsingborg and Jönköping. Operations will not be affected by the change and all relevant parties are informed. Hence, we will continuously work focused to serve our current and future customers.

    The change will allow for a leaner and simpler operations setup that, in time, will benefit customers and partners further.

    Group Management


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    FREJA Finland has the highest customer satisfaction in the industry in Finland

    FREJA Finland is taking part in Transport Logistics together with Port of Turku at B3 stand 321/422. FREJA Transport & Logistics Oy, Finland, offers road freight, sea freight & air freight and project freight. FREJA has offices in Turku (headquarters), Vantaa and Vaasa.

    [caption id="attachment_4605" align="alignnone" width="600"]Matti Urmas Matti Urmas, FREJA Finland’s Managing Director[/caption]

    Biogas has been used to fuel FREJA’s transport in Finland since the beginning of December 2018.

    FREJA started semi-trailer transport in collaboration with Gasum with the Iveco Stralis NP tractor unit. The collaboration is related to a study carried out under the CIVITAS ECCENTRIC project co-funded by the EU. Energy company Gasum is the leading supplier of biogas in the Nordic countries.

    – We want to develop efficient transport solutions where the environmental burden is minimized. Quality and responsibility are our core values, says Traffic Director Sampo Koulu from FREJA Finland.

    This study produces research data on the use of gas in heavy-duty transport. The CIVITAS ECCENTRIC project is developing a sustainable mobility system by testing biogas vehicles and the increased use of biogas in logistics.

    The transport use of biogas can reduce greenhouse gas emissions over the life cycle of the fuel by up to 85% when compared to traditional fuels.

    Renewable biogas is produced from feedstocks.

    FREJA Finland has the highest customer satisfaction in the industry in Finland

    An independent market research company, Taloustutkimus, conducted a customer satisfaction survey from November 2018 to January 2019 in Finland*. The results showed, that FREJA Finland has the most satisfied customers in the forwarding and international transport industry.

    FREJA Finland’s overall customer satisfaction score was 8,68 on a scale from 4-10, whereas the industry average was 7,88.

    “These results support the message we got last year when we did a customer survey. I am proud of our team in Finland. They have done an excellent job with our customers”, FREJA Finland’s Managing Director Matti Urmas says.

    Over half of FREJA Finland’s customers would promote FREJA
    FREJA Finland’s NPS (Net Promoter Score) is +52. This score is the highest in the forwarding and international transport industry in Finland.
    According to Taloustutkimus’ NPS database, a score over 40 is excellent in Finland*.

    FREJA Finland keeps its promises
    In the forwarding and international transport industry, FREJA Finland is the best at keeping promises and taking our customer’s needs into account.

    FREJA Finland is also at the forefront when it comes to

    • Offering competitive prices
    • Solving problems
    • Expertise
    • Accessibility
    • Communicating with customers

    FREJA Finland got the best ratings when it came to expertise and the ability to solve problems. Based on these factors, FREJA Finland is the best in our industry in Finland.

    FREJA Finland is in the top tier of its industry

    FREJA Finland has earned the Achiever certificate since 2012. The Achiever certificate is proof of a company being on a solid financial foundation.

    Kauppalehti Menestujäyritys 2019

    The certificate is based on Kauppalehti's annual Achievers (Menestyjä) series comparing the financial success of Finnish companies. Obtaining the Achiever certificate requires that the company's financial performance is among the best in its industry and in Finland. According to Kauppalehti some 1.9 per cent of Finnish companies are eligible for the Achiever certification.

    A company is classified as an achiever if the comparison of key indicators puts it in the top tier of both its own industry and the entire country.

    You are welcome to visit FREJA Finland at B3 stand 321/422!

    For further information about FREJA Finland please contact:

    FREJA Transport & Logistics Oy, MATTI URMAS, Managing Director

    E-mail: matti.urmas@freja.com

    Mobile +358 40 024 4044

    www.freja.com/fi

    ---

    * The survey conducted by Taloustutkimus covered seven industries. The survey had a total of 2.111 respondents, of which 403 were decision-makers estimating the forwarding and international transport industry. There were altogether 21 companies included in the survey. The data collection methods consisted of telephone interviews, internet survey (CAWI), and an internet panel of Taloustutkimus.

    *NPS Result (based on Taloustutkimus’ NPS database in Finland)

    • 40+ – Excellent
    • 20–39 – Good
    • 0–19 – Satisfactory
    • Below 0 – weak result

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    People’s Business, modern technology and a lean platform are still keywords for ambitious FREJA

     

    The transport & logistics group FREJA Transport & Logistics Holding A/S presents a satisfactory but not flashy result for 2018. Once again, the subsidiaries in Norway and Finland are the ones to deliver results above market level. In 2018 the Swedish subsidiary disappoints once again. 2018 was “year one” after the acquisition of Transcargo, which has resulted in some integration costs. The Danish part of Transcargo is 100 % implemented and merged into the Danish FREJA, and the result in the Danish subsidiary meets the expectations for 2018. In 2019 focus is on the Polish subsidiary, where the trucking part operates as an independent company. Furthermore, we have started construction of a brand-new HUB on a 75,000 m2 site in Szczecin. Our ambition is, that the new center will be ready on May 1st, 2020, and that the Polish subsidiary will transfer onto FREJA’s it-platform during the third quarter of 2019. The development in the Group and the integration during the course of the year, have progressed according to plan, so we have good reason to believe in continued growth as well as optimism.

     

    The FREJA Group continuous the stabile development and is profitable in 2018

    FREJA Transport & Logistics Holding A/S has a growth in turnover from 2017 to 2018 of 22,5 %. The total turnover in 2018 amounts to a total of DKK 3.12 billion.

     

    EBIT amounts to DKK 51.4 mill. in 2018 against DKK 41.6 mill in 2017. The result before tax amounts to DKK 38.0 mill in 2018 compared to DKK 59.4 mill in 2017. The result in 2017 was influenced positively by non-recurring revenues, and 2018 is influenced negatively by transition and integration costs related to the purchase of Transcargo.

     

    Group equity has increased from DKK 252.2 mill in 2017 to DKK 285.5 mill in 2018. The solvency ratio decreased from 37.2 % to 29.6 % at the end of 2018. The development in Denmark – including a controlled integration with Transcargo’s former Danish activities, has been positive resulting in increased revenue. In Norway we have opened a new office in Aalesund and in general the development in the subsidiaries in Norway and Finland are very positive.

     

    Sweden does not live up to expectations for 2018. The continuing negative trend has resulted in a change in management in the beginning of 2019 and management resources have been added from Denmark as well. The Air & Sea segment has been strengthened by new employments, and we have invested in a stronger sales organization. The Swedish company still estimates a deficit for 2019 and the parent r company has added the necessary capital.

     

    The newly acquired company in Poland has shown an excellent development and the potential for continuing growth is large. Likewise, China has had a fine development in as well turnover as earnings – a development we predict to continue in 2019.

     

    In spite of massive investments in new technologies, transport is still a People’s Business

    During more than 10 years, FREJA has invested massively in it’s it-platform and 2018 is no exception. We invest partly to optimize our own business, partly to become more competitive, but also to give our customers advantages in the value chain. We have launched MyFREJA to the delight of our customers, and we participate in a research project concerning exchange of data with customers and suppliers. We expect, that the final product will give significant financial advantages to all parties and thereby help lift the Danish transport business.

     

    “Our focus is to continue to develop long-term relations with customers as well as suppliers. In spite of our large focus on efficiency improvements, we are also aware that humans are still the most important resource in the cooperation – transport is a People’s Business. The key-words for us in a cooperation are openness, trust and credibility. We have always run our business on the basis of strong values. We work on a daily basis to make a difference for our customers and make sure that together we will become a little bit better every day”, says Jørgen Hansen founder of and Chairman of the Board in the FREJA Group.

     

    Readiness, humility and continued ambitions sets the agenda in the always hungry Jutlandic Group

    “A reasonable annual result for 2018, but we are ready, and we have the ambition to show that we can do better. Our focus in 2018 has been on utilization of new technologies and integration of Transcargo. This year, our biggest focus will be on our new position on the Polish market together with re-establishment of the Swedish subsidiary, however it will not influence our development in China, Norway and Finland. The development for the first quarter of 2019 shows that we are on the right track. We have the platform and we are ready to reap the benefits of past years’ massive investments. And should there be further consolidation possibilities, we are also ready to take a look at that,” Jørgen Hansen finishes.


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    en_GB

    Jørgen J. Hansen has chosen, that the future effort in FREJA will take place in the board room

    After about 34 years of leading the daily operations of FREJA, Jørgen now wishes to use his expertise as working Chairman of the Board in FREJA Holding. Jørgen started FREJA with a partner in 1985 and has developed the company up to present times, with approximately 750 dedicated employees in 6 countries and with an annual turnover in 2019 of DKK. 3,4 billion. FREJA is a full-service provider and works in the segments of Road, Sea, Air, Project & Logistics, including Pharma logistics.

    Ulrik Rasmussen is the new CEO
    The present Managing Director in FREJA Denmark - Ulrik Rasmussen – will as of May 1st, 2019 take on the role as new Group CEO for FREJA and will as such replace Jørgen in this role. Ulrik Rasmussen, who has been with FREJA since 2010, has been Managing Director in FREJA Norway as well as in FREJA Denmark. Ulrik is 44 years old, is trained in the industry and has prior to his time in FREJA, amongst others worked as Director in England for DSV Road Ltd.

    Ulrik takes on the new responsibility with great respect and with a wish to continue building on the values FREJA is based on. In close cooperation with the working Chairman of the Board he will be responsible for developing FREJA’s present strategy, growth, culture and good customer-, as well as supplier-relations.

    Jan Sunde takes over after Ulrik Rasmussen
    Jan Sunde has been appointed new Managing Director of FREJA Denmark as of May 1st, 2019. Since 2017 Jan has acted as Regional Director Denmark West. Furthermore, Jan has also during that time been a part of the Danish country management team.

    Jan is 54 years old and has prior to starting with FREJA been Director in several companies, latest, Managing Director in Danske Fragtmænd Transport A/S. Thus, Jan has a solid background in the business and a valuable insight in FREJA.

    Strengthening of the management team
    In relation to the above, FREJA wishes also to strengthen the future management team. Nicolai Præstholm will start as Group Business Development Director with reference to Ulrik Rasmussen as of May 1st, 2019. Nicolai will be a member of the Group Management and as main responsibility Nicolai will work with development projects within the FREJA Group.

    Nicolai is 31 years old with a MSc in Operations & Supply Chain Management from Aalborg University. He has worked as a consultant at Implement Consulting Group for over 4 years, the last 2 years as partner. Nicolai is presently a member of the Board in FREJA Holding, a position he will leave at the upcoming general Assembly.

    Recruitment of a new Regional Director Denmark West has been initiated. Until the position is filled, Jan Sunde will continue in this role also.


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    An independent market research company, Taloustutkimus, conducted a customer satisfaction survey from November 2018 to January 2019 in Finland. The results showed, that FREJA Finland has the most satisfied customers in the forwarding and international transport industry.

    Matti Urmas

    FREJA Finland’s overall customer satisfaction score was 8,68 on a scale from 4-10, whereas the industry average was 7,88. Last year, FREJA Finland’s overall customer satisfaction score was 8,13.

    “These results support the message we got last year when we did a customer survey. I am proud of our team in Finland. They have done an excellent job with our customers”, FREJA Finland’s Managing Director, Matti Urmas, says.

    Over half of FREJA Finland’s customers would promote FREJA
    FREJA Finland’s NPS (Net Promoter Score) is +52. This score is the highest in the forwarding and international transport industry in Finland.
    According to Taloustutkimus’ NPS database, a score over 40 is excellent in Finland*.

    FREJA Finland keeps promises
    In the forwarding and international transport industry, FREJA Finland is the best at keeping promises and taking our customer’s needs into account.

    FREJA Finland is also at the forefront when it comes to

    • Offering competitive prices
    • Solving problems
    • Expertise
    • Accessibility
    • Communicating with customers

    FREJA Finland got the best ratings when it came to expertise and the ability to solve problems. Based on these factors, FREJA Finland is the best in our industry in Finland.
    The survey conducted by Taloustutkimus covered seven industries. The survey had a total of 2.111 respondents, of which 403 were decision-makers estimating the forwarding and international transport industry. There were altogether 21 companies included in the survey. The data collection methods consisted of telephone interviews, internet survey (CAWI), and an internet panel of Taloustutkimus.

    *NPS Result (based on Taloustutkimus’ NPS database in Finland)

    • 40+ - Excellent
    • 20–39 - Good
    • 0–19 - Satisfactory
    • Below 0 - weak result

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    en_GB

    In connection with this year's central wage settlement, there is a violation of the negotiations between The Confederation of Norwegian Enterprises and Labour Organizations. The settlement therefore goes to mediation, which is carried out on the 30th and 31st of March, with a deadline that expires at 24.00 on Sunday the 31st. of March.

    If there is no agreement within the deadline, or in the event of no mediation in overtime, it will result in strikes starting Monday 1st of April.

    FREJA is not directly affected as a part by a possible strike, but the general cargo terminals in Eastern Norway, where we reload our trucks, will be partially affected.

    Although we are already re-planning transports to reduce the inconveniences this will cause, a strike will in practice lead to delays.

    We hope that the parties will come to an agreement during the mediation and will keep you informed as soon as news arrives related to this.

    Any inquiries and questions can be directed to your FREJA contact person.