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SVT Expansion
In the 1980s, SVT expanded into other business sectors, including desalination and household water treatment products by acquiring other companies. -
Demand increase
Beginning of demand increase regarding cruise holidays. -
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Contributions to profit.
SVT’s consumer products Division made consistently increasing contributions to SVT’s overall profit, also their share price rose by 65% and their annual profits doubled. -
Take-overs
SVT began to take over many small water filter manufacturers in both Europe and the United States of America. -
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Outreach Program
6,000 SVT employees have taken part in the Outreach program since 2013. The hiring program is designed to help people in least developed countries. -
H4 PLC takeover
SVT completed a takeover of a rival engineering company, H4 PLC. -
Desalination sales boost.
Increase in the demand for cruise holidays has boosted SVT’s sales figures for desalination plants by 300%. -
H4 modernization success
The modernization programme of the former H4 factories was completed successfully. -
Marketing push
SVT’s board of directors approved a substantial five year marketing budget. -
Director CSR
Director Jayne Dees, spent three months teaching English in Sudan. -
SVT Water purifier competition
SVT launched a competition, aimed at investors and entrepreneurs, to develop a water purifier that met strict criteria in terms of cost, usability and longevity. The winner of the competition would receive a price of $100,000 dollars. -
Water purifier competition results
The winner was announced, James Azuki, a university student from Tanzania. His design’s name remained the same when SVT adopted it, that being WF15 as it was his 15th prototype revision. -
The first turbine
The smallest of the former H4 factories manufactured SVT’s first wind turbine. -
WF15 production
WF15 has begun production, although board members haven’t yet decided on what pricing strategy to use. -
First full order
The former H4 factories will get their first full order booked, that is, 10 large turbines per year.