VELUX
Parent VKR Holding A/S | | |
Website | velux.com |
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VELUX is a Danish manufacturing company that specialises in
The name VELUX originates from the Latin word ventus meaning wind and lux meaning light.
History
VELUX was founded in 1941 by Villum Kann Rasmussen.[2] In 1942 Kann Rasmussen patented his first window, which was designed to make use of natural light and let in air to ventilate previously dark and stuffy lofts.[2]
In 1952, the company started its international expansion, offering its products in Sweden and Germany.[2] By 1965, VELUX Group had expanded into 12 markets and, by the early 1970s, had grown from around 300 to more than 1,000 employees.[2]
In 1975, VELUX Group expanded to the
Organisation
VELUX has 16 production sites in 9 countries and sales companies in 35 countries.[4]
The VELUX Group employs 11,000 employees worldwide. The VELUX Group is owned by VKR Holding A/S, a limited company wholly owned by non-profit, charitable foundations (THE VELUX FOUNDATIONS) and family. In 2022, the VELUX Group had total revenue of EUR 2.99 billion, VKR Holding had total revenue of EUR 4.29 billion and THE VELUX FOUNDATIONS donated EUR 181 million in charitable grants.[4]
Products
In addition to roof windows for
Sustainability
In 1965, VELUX founder Villum Kann Rasmussen formulated the Model Company Objective, upon which the company's values, principles and ways of operating are based.[6] The company's Sustainability Strategy 2030, launched in 2020, is a 10-year strategy called ‘It’s our nature’. The strategy is split into three areas: ‘pioneer climate and nature action’, ‘innovate sustainable products’, and ‘secure a responsible business’.[7]
In 2020 VELUX Group entered a
Sponsorships
The company has previously sponsored Velux 5 Oceans Race and the EHF Champions League.
References
- ^ "Active House Partners". Retrieved 19 July 2021.
- ^ a b c d e f g "VELUX History and timeline". Retrieved 22 April 2021.
- ^ "VELUX History 1973-1988". Retrieved 19 July 2021.
- ^ a b "About VELUX Group". Retrieved 19 July 2021.
- ^ "See our extensive range of VELUX roof windows and accessories". www.velux.com. Retrieved 2022-09-22.
- ^ "VELUX Model Company Objective". Retrieved 19 July 2021.
- ^ "VELUX Sustainability Strategy". Retrieved 19 July 2021.
- ^ "WWF Partnership". Retrieved 19 July 2021.
- ^ "VELUX Lifetime Carbon Neutral". Retrieved 19 July 2021.
- ^ Keating, Cicilia. "Lifetime Carbon Neutral Article Businessgreen". Retrieved 19 July 2021.