During 2012 the ORGUT Group continued with further growth through successful new contracts and market expansion. ORGUT as a Group is now well-established and well on track in achieving our strategy for continued growth. ORGUT has now been in business for 40 years with a focus on building better livelihoods and offering our clients value for money.
ORGUT’s knowledge and resources are a decisive factor when clients select us to undertake an assignment. Our ISO certified 9001:2008 Quality Management System supports us in delivering results in a cost-effective manner. We provide a unique offering to our clients in combining the highest technical skills and ability to deliver technical assistance with a system that allows us to focus on quality and value creation. ORGUT is actively seeking cooperation with like-minded organisations and world-class consultants to ensure that our services can be further developed and adjusted to new and changing markets.
ORGUT’s performance in 2012 is solid and during the period ORGUT Sweden has increased annual turnover with 21%. We have continued growing and expanding as a Group and invested in Group companies to ensure continuous competitiveness. The investments have influenced our earnings on 2012, but we expect return in the long run. We have worked in accordance with our strategy to grow and develop our business in a profitable and organic way using current earnings. This is demonstrated in our balance sheet which remains very healthy with an equity ratio of 54,3%.
The youngest member of the Group is ORGUT Finland which was established towards the end of 2011 but became operational during 2012. ORGUT is now a partner on eight long term Finnish funded assignments with the addition of the Programme for Agro-Business Induced Growth in Amhara, Ethiopia in late 2012. Team management for several of the assignments is provided by ORGUT. With ORGUT Finland now fully established, there are opportunities for further expansion.
ORGUT has continued to strengthen and further advance our positions in several other markets. ORGUT was awarded several contracts for DFID and undertook assignments in Rwanda as part of the Land Tenure Regularisation Programme. With DFID, ORGUT is now also a consortium partner of the Forest Governance, Markets and Climate Services Framework which aims at supporting the delivery of the UK’s new international forestry and climate change initiative. Towards the end of the year, ORGUT was also a confirmed partner on the DFID Wealth Creation Framework supporting eradication of poverty. ORGUT will be providing services in Rural Economic Development, Livelihoods, and Natural Resource Management as well as in Investment Climate Reform to DFID as part of this Framework.
With Sida, ORGUT is a key service provider through the Framework Contracts in Agriculture, Forestry and Environment, Market Development as well as in Reviews, Evaluations and Advisory Services on Results Framework, Gender Equality and Human Rights. During 2012, ORGUT has expanded its services in Business for Development through a range of assignments, complementing our role in Sida’s B4D flagship programme Innovations Against Poverty.
ORGUT has further strengthened its services to U.S. foreign aid agencies. We are implementing four long term projects under the Poverty Reduction Compacts financed by the Millennium Challenge Corporation of which the contract for the Communal Land Support Sub-Activity in Namibia was signed during the very last days of the year. In addition, our work in the co-funded USAID and Sida activities in Bosnia-Herzegovina has continued.
Our business area Land Administration and Management continues to grow. During 2012 ORGUT implemented a total of 20 assignments as part of this business area managed by ORGUT UK of which 70% were new contracts signed during the course of the year.
Our Annual Report for 2012 is available here. Annual Reports from previous years are available in the Reference Library.