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.

BY SØREN SPRINGBORG & OLE ANDERSEN

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.

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