Page 32: of Maritime Logistics Professional Magazine (Q2 2015)
Than a City “Two brothers united are stronger than a city,” goes the biblical paraphrase. Surely, brother-sister tandems are also implied.
By William Stoichevski ccording to local business records for Ulsteinvik — a Fast Driving Business swampy but beautiful corner of coastal Norway — “I drive fast,” a blonde, slim and serious Gunvor asserts.
AUlstein Group chief exec Gunvor Ulstein is tied to She drives the business in similar fashion, helping grow it her chairman and deputy-CEO brother, Tore Ulstein, by 16 with great urgency, poise and brotherly love into a major con- business entities. Strong ties on paper, to be sure, but this is no cern. While family before her grew the company to nearly ordinary family enterprise. That’s because Ulstein has grown 3,000-strong, a 1997 acquisition by Vickers claimed 75 per- into a conglomerate comprising power and propulsion out