Strategy Report 2020 v

Contents

Preface 5 Group structure 7 Mission 8 Vision 9 Gate to great 10 Focus on intelligent solutions 12 Networks & Collaboration 15 An intermodal inland port 16 A local and global growth generator 19 Jobs & Added value 20 CSR & Environment 23

Port of A/S Langerak 19 PO box 8530 9220 Aalborg Øst +45 9930 1500 [email protected] www.portofaalborg.dk

Traffic & Operations 24-hour service – hotline +45 9930 1520 VHF channel 16 [email protected]

Strategy Report 2020 3 Preface

The gateway to a new and better future Knowledge and innovation are keywords at Port of Furthermore, we have the unique advantages of of Aalborg works Aalborg. We are much more than a traditional port or our collaboration with the of Aalborg, logistics hub – we are the gateway to a new and better University College of Northern (UCN) future. We create growth, opportunities and new and , one of the best technical every day to make it workplaces for the benefit of both businesses and the universities in the world. This close collaboration has local community alike – and our vision is global. led, among other things, to an ambition to become attractive for both Denmark's green testing ground, which supports the has grown steadily in recent years, 17 Sustainable Development Goals and accelerates and it is our ambition to continue in this vein. As one the green transition pioneered by Denmark since the Danish and international of Denmark’s largest business parks, we offer an ideal 1970s. and flexible setting for business and industry, focusing businesses to settle in on symbiosis and resource-sharing and making For us, it’s all about pulling together; about creating proactive use of greening to generate new business collective development by adding value and about opportunities. helping the individual businesses make the transition Aalborg by creating a from good to great. Our aim is to help businesses If anyone understands the global challenges, we improve at what they are already good at. We are do; our specialist expertise enables us to provide the intelligent gateway to the market; the essential business park for the effective solutions to both new and familiar issues, solution in a globalised world, where production, incorporating innovation, production, transport, logistics, innovation and, not least, sustainability need future and helping logistics and, not least, sustainability. to be handled increasingly intelligently. businesses make the leap from good to great.

Claus Holstein CEO, Port of Aalborg A/S

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PORT OF A ALBORG gate to great

Group structure The Port of Aalborg group is a public limited company, wholly owned by . The group consists of the parent company, Port of Aalborg A/S, and independent subsidiaries, each with its own tasks and function.

As a company, it is the group’s purpose to add value, strengthen relations with the private sector and ensure that port infrastructure is improved, updated, efficient and competitive – both now and in the future.

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Mission Vision Port of Aalborg aims to Port of Aalborg will be a operate as an inland significant growth generator, port with a 360-degree helping create more jobs, catchment area and an increasing prosperity and intermodal logistics hub. helping make the good life This means shifting the possible for the people of focus from water-based Aalborg – both at work and solutions to development at home. of shore-based solutions. Based on this, Port of Port of Aalborg will also Aalborg aims to make it play a key part in the attractive for existing and development and new businesses to settle in recognition of Aalborg the surrounding business as Europe’s green capital park by ensuring optimal and Denmark’s leading development opportunities sustainable industrial for these businesses and, circular economy. by doing this, helping them make the transition from Port of Aalborg will be the good to great. gate to great.

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Having the decision-making power to create our own future We want to be able to create our own future by guaranteeing our own employment and ensuring our influence as a growth generator, irrespective of changing market circumstance.

We want to We want to improve We want to unlock We want to ensure a be bigger our knowledge internal potential stable business We want to grow in order We want to improve We want to involve our We want to create trust and to ensure that we have our knowledge and employees and managers a sense of security. We will an influence on future strength through a strong and develop their therefore focus on stable development and add network of partnerships knowledge and skills, thus income, organic growth, value for the local and collaboration with ensuring ownership and good customer relations, community knowledge institutions, accountability. minimisation of risk and municipal authorities, etc. ensuring human resources.

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Focus on intelligent solutions Work at Port of Aalborg is based on knowledge. We are a strategic partner and the driving force behind establishment of partnerships to ensure competitive and intelligent solutions for the business sector

Port of Aalborg’s internal activities are based on The to environmentally sustainable and long-term Intelligent Port concept. The aim of The Intelligent Port transport solutions and facilities (including sea-borne is to ensure that Port of Aalborg holds its fate in its own facilities) in collaboration with the local community hands. We want to be able to create our own future in and business sector. We want to create flexible, this changing world, and we want to help create more innovative and sustainable platforms to support the jobs and business development, not only in the port development of businesses’ competitive position and area but also in the town of Aalborg and the whole of of the local community. We want to be a generator of North Region – through broad collaboration and new commercial activity and added value, both water- intelligent solutions across the entire logistics chain. based and shore-based.

This means that we base our activities on knowledge, Business and Integrator in close collaboration with our customers, suppliers Port of Aalborg has two roles; as a business and as and partners. Together, we identify competitive, an integrator. On the one hand, Port of Aalborg is flexible and attractive logistics solutions, services and a traditional business, encompassing operations, products, aimed at developing and strengthening our optimisation, maintenance of infrastructure and customers and our partners’ businesses. commercial rentals. In this role, the port’s aim is to increase turnover, secure stable business and unlock Transformation of Port of Aalborg and develop the potential of our employees. On the In recent years, Port of Aalborg has evolved from other hand, Port of Aalborg acts as an integrator, a classic port into an inland port and multimodal promoting collaboration and development of logistics hub. Today, Port of Aalborg is a business businesses and the local community. Here, the aim is based on knowledge and development, aiming to to help create more jobs, boost growth and increase contribute to local and regional employment, growth prosperity. and prosperity – in many aspects, a national beacon. The vision is to be a significant growth generator The two roles are mutually dependent, since a healthy for businesses and the local community, giving business, in the throes of economic growth, is vital high priority to partnerships, networks and logistics for Port of Aalborg to be able to act as an integrator. solutions. We want to provide the service and At the same time, development and growth of the supply the services needed in a globalised world, surrounding businesses are prerequisites if Port of both now and in the future. We want to contribute Aalborg is to achieve its own growth ambitions.

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Networks & Collaboration Port of Aalborg aims to create growth and innovation through strategic partnerships with knowledge institutions, municipal authorities, utilities companies and business enterprises and networks

Knowledge Civil society With its mission to make it attractive for existing and solutions are quality-assured. Civil society helps define institutions new businesses to settle in the surrounding business the direction development should take, since it must park, Port of Aalborg focuses on generating strategic also be attractive for employees of the businesses partnerships and relations based on a quadro-helix to settle in Aalborg. For this reason, the interests, model. Taking this approach, the partners work preferences and values of the public are incorporated towards a common goal to generate innovation and into a variety of CSR initiatives, e.g. Cool East, Aalborg growth-enhancing activities in a knowledge society. Waterfront and Stigsborg Brygge.

At the centre of the quadro-helix model is Port Company operation of Aalborg – a business that collaborates closely Port of Aalborg collaborates closely with the with and obtains knowledge from four partners to business community and public sector. The business implement The Intelligent Port. The four partners are: community has a great influence on the operation of knowledge institutions, civil society, the business Port of Aalborg as a business, since our current and PORT OF AALBORG community and the public sector. In the interaction potential customers, suppliers and partners are vital between these four partners, Port of Aalborg takes on for our existence. the role of integrator with the aim of creating synergy. Similarly, public authorities have a great influence on Knowledge and research on the community the way we run our business because they provide doorstep the basic conditions for our existence, e.g. legislation Together with knowledge institutions such as Aalborg and funding. In addition, collaboration with public University, University College of Northern Denmark authorities entails close collaboration with municipal (UCN), Erhverv Norddanmark, Invest In Aalborg and authorities when planning and handling procedures Novi, Port of Aalborg focuses on making Aalborg an for existing or new companies in the Port of Aalborg The business attractive place to settle and develop a business. We business park. This includes companies requiring The public sector need to be inclusive and open to global opportunities special environmental permits. community to host high-tech businesses. Collaboration with the knowledge institutions ensures access to the latest It is crucial for Port of Aalborg to create a strong knowledge and research. synergy between the four partners because, to some degree, they all have an influence on the Developments in methods for attracting both Danish company’s operation, reputation and, not least, future and international businesses ensure that development development. takes place on the community doorstep and that

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An intermodal inland port Port of Aalborg is a competitive business whose prime duty is to help create jobs and add value for our customers, suppliers and partners

The vision to be a significant growth generator that In today’s global society, internal resources and helps create jobs, not only in the harbour and inland intelligence are of vital importance. In a global areas but in Aalborg and in the entire North Jutland world, the knowledge, experience and creativity of a Region, means that Port of Aalborg’s prime duty is to company’s employees add more value than physical ensure that we hold our fate in our own hands and that assets. At Port of Aalborg, both management and staff we are able to create our own future in a changing apply their personal intelligence and the tremendous world – through broad collaboration and intelligent energy that exists between people to achieve the solutions across the entire logistics chain. desired result.

Port of Aalborg must ensure an economically stable Together, we bring all of our skills into play to create business through maintenance, improvements development that takes us a step further. We believe to efficiency, optimisation of operations and that our talented and highly skilled employees as well infrastructure, and involvement and development as our culture of collaboration and knowledge-based of both internal and external resources. To this end, work give us our competitive strength. In our opinion, Port of Aalborg has a strong focus on how to involve we achieve The Intelligent Port when we have the management and staff, as well as customers and courage to share our knowledge, interact with each users of the port, in the development. other and create innovative solutions.

SUCCESS CRITERIA

1 Increased turnover 2 Stable financial ratios 3 Sufficient investment capacity 4 Better risk management 5 Greater visibility

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A local and global growth generator Port of Aalborg aims to add value for both the local community and global society by improving the competitive position of businesses, creating more jobs and supporting the green transition

In a modern interpretation of the social system, busi- Companies in the business park will be able to benefit nesses – both public and private – play a key role in greatly from Port of Aalborg’s many partnerships. Port of adding value. Thus, it is quite natural for Port of Aalborg Aalborg coordinates most of the external collaboration to work towards and contribute actively to solving soci- and specifically handles relations to and collaboration ety’s challenges, both locally and globally. with knowledge institutions.

Port of Aalborg is a financially sound and expanding Incubator for green transition business. However, we have even more potential for The Miljø++ project is an example of how everything knowledge and development. Therefore, Port of Aal- comes together to generate business development borg makes an effort to help generate development, using sustainable solutions. growth and jobs, both in the Municipality of Aalborg and in . We want to be a catalyst for Miljø++ aims to create green industrial symbiosis, with collaboration, but our ambitions are greater than that. Aalborg University, the Municipality of Aalborg and We want to be a generator; a strategic partner and the Aalborg Forsyning as the driving forces behind the driving force behind partnerships for development of project. Its objective is to generate sustainable business new business opportunities. Port of Aalborg does not solutions. These are identified in industrial symbioses want to be merely an ordinary Aalborg company. Our to enable companies to recycle each other’s surplus aim is to be a significant growth generator, adding value resources instead of viewing them as waste. both locally and globally. Therefore, when new companies visit the port areas, Opening up for development recycling and use of resources is a key topic. By screen- Since Port of Aalborg is a public limited company, we ing new companies, Port of Aalborg aims to act as an can enter into civil law agreements with all types of incubator to create partnerships and new symbioses. company as permitted by the Danish Ports Act. There- This does not just lead to good neighbourliness, it fore, in recent years, Port of Aalborg has focused specif- promotes greening and helps companies make the ically on establishing new business clusters, and, in the transition from good to great. future, we will focus on creating a general business park for developing businesses and promoting synergy.

SUCCESINDIKATORER

SUCCESS#6 Mere strategisk CRITERIA samarbejde #7 Øget beskæftigelse 6 More strategic collaboration 7#8 More Flere jobs erhvervsklynger af national betydning #98 More Bidrage business til denclusters grønne of national omstilling significance 9 Contribute to the green transition

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Jobs & Added value Port of Aalborg vil skabe en fælles erhvervspark som ramme for grøn vækst og omstilling for eksisterende og nye virksomheder, hvor vi i samarbejde med virksomhederne vil udnytte synergimuligheder og stordriftsfordele

With its business concept Sustainable Industrial Park focus on providing companies with the best conditions AALBORG (SipAAL), Port of Aalborg aims to make it for strengthening their core businesses and improving attractive for existing and new companies to settle their competitive standing. To maximise the value in Aalborg. SipAAL is a business park devoted to SipAAL will add to the companies as well as their developing the business and competitive position competitive position, the platform will be developed in of the companies settling there. The business park close collaboration with companies currently located will be developed by the Port of Aalborg group in in the business park and with companies potentially collaboration with Aalborg University, University hoping to settle there. Thus, it is also expected that College of Northern Denmark (UCN), the Municipality the companies in the business park will contribute and of Aalborg and private stakeholders who promote become involved in the development and funding of growth and greening in Aalborg. specific solutions and functions.

The overall ambition of SipAAL is to be a platform for From their location in the business park, companies growth, innovation, cluster formation and greening. are ensured direct access to leading research SipAAL’s aim is to ensure that the companies located environments and knowledge as well as the at and associated with the port of Aalborg have the opportunity to become part of the eco-system of best possible opportunities for development and start-up and scale-up businesses that are flourishing growth, from a global perspective. In addition, the in the area. long-term ambition is, through development of SipAAL, to create 20,000 new jobs in Aalborg by Profile and focus 2050, the first 1,000 of these before the end of 2021. SipAAL is designed with specific types of business in mind. Thus, the business park is open to the following SipAAL will offer companies a green and sustainable types of company: setting in partnership with other companies; a platform with potential for individual development of a unique • Logistics, distribution and warehousing companies market position and realisation of ambitious business as well as companies with multimodal needs goals; energy-efficient solutions and connection to • Manufacturing companies in the energy and smart grid systems. A further objective of SipAAL maritime sectors as well as companies dealing is to set new standards for the way a business park with steel processing and sophisticated materials supports companies in their efforts to attract, develop requiring test facilities and consultancy; facilities and retain talented employees. for ‘0’ production and/or close connection to leading research and development environments An inclusive platform for collaboration • Companies in the circular economy sector, SipAAL is a long-term development project. focusing on energy and recycling of plastics, as However, the future has been incorporated into the well as environmental class 6 and 7 companies development plan from the very start, with constant • Companies in the food manufacturing sector

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CSR & Environment Port of Aalborg wants to make it attractive employees and people in general to settle in Aalborg by helping create a basis for a good working and personal life in the local community

For Port of Aalborg, CSR is not merely three popular Green transition letters. CSR is an integral part of our DNA and our When it comes to local and global sustainable Intelligent Port concept. The concept works from a development, Port of Aalborg takes the lead. Greening holistic mindset, not merely to generate economic is one of the focal points of our activities, both on an growth but to help create a good life for the people of everyday basis and in our strategic development plans. Aalborg, both at work and at home. In order to achieve this, it is essential that the local community and In collaboration with a range of local stakeholders – environment function well. To this end, Port of Aalborg including Aalborg University, University College of plays an important part as one of the area’s major Northern Denmark (UCN), municipal authorities, utilities economic operators – and we can, must and will take companies and business enterprises and networks – responsibility. we focus on developing and receiving recognition for Aalborg as the green capital of Europe. In addition, our Our CSR strategy is divided into three main focus environmental strategy is based on the 17 Sustainable areas: partnerships, greening and the good life. Development Goals, in particular: Affordable and clean With these three themes as our starting point, we energy (7), Responsible consumption and production implement targeted initiatives to secure advancement (12), Life below water(14), Life on land (15), Industry, of the business sector, civil society and the innovation and infrastructure (9), Sustainable cities and environment, both locally and globally – to ensure communities (11) and Partnerships for the goals (17). that, as a community, we continue to develop, both at work and at home. The good life in Aalborg Development of the business sector and the Powerful and strategic partnerships environment is essential if we are to create the good life The focal point for development of Aalborg's business in Aalborg. However, Port of Aalborg has a goal to add sector is an ability and will to form partnerships. value: Not merely for the companies and employees Consequently, this plays a key role in all of our CSR in the port areas but also for Aalborg itself and, in initiatives. No partnerships, no development. particular, Aalborg East and the maritime life in the fjord in Aalborg centre. Port of Aalborg is therefore working Port of Aalborg considers it a fact that we are to make Aalborg East a place where families are proud strongest when we pull together. As a result of this to live. Port of Aalborg has a further goal to increase mindset, Port of Aalborg is involved in many different activity and improve cultural and maritime life in and partnerships, including some that are beyond the around the fjord. The fjord must continue to be a source remit of the company’s business. This means that Port of life and well-being. Port of Aalborg also considers of Aalborg does not merely collaborate with the more it its duty to help create a good life for Aalborg’s many than 100 companies in the port areas but also sees students. The education programmes on offer make great potential in partnerships outside the company’s Aalborg attractive and we hope this will be the case for business area. many years to come.

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Port of Aalborg A/S Langerak 19 Tel. +45 9930 1500 gate to great DK-9220 Aalborg Øst Mail: [email protected] portofaalborg.dk