How many employees work at Vard Group?

Vard Group AS has 4,455 employees, according to Revelio Labs workforce intelligence data. The YoY growth rate is 0.4%.

Data source: Revelio Labs Coverage: Global workforce Latest update: September 2025

About Vard Group

VARD is one of the major global designers and shipbuilders of specialized vessels. Headquartered in Norway and with approximately 7,000 employees, VARD operates six strategically located shipbuilding facilities, including three in Norway, two in Romania and one in Vietnam. Through its specialized subsidiaries, VARD develops power and automation systems, deck handling equipment, and vessel accommodation solutions, and provides design and engineering services to the global maritime industry. VARD’s long shipbuilding traditions, cutting-edge innovation and technology coupled with its global operations and track record in constructing complex and highly customized vessels have earned it recognition from industry players and enabled it to build strong relationships with its customers. VARD was listed on the Main Board of the Singapore Exchange on 12 November 2010. Majority shareholder Fincantieri Oil & Gas S.p.A., a wholly owned subsidiary of FINCANTIERI S.p.A., owns 79.2% in the Group. Headquartered in Trieste, Italy, FINCANTIERI is one of the world’s largest shipbuilding groups and has, over its 200 years of maritime history, built more than 7,000 vessels.

As of September 2025

Vard Group
workforce metrics

Headcount

4.5k

Avg. Salary

$41.4k

Tenure

5.8yr

Growth Rate

0.4%

Hiring Rate

Attrition Rate

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Employee Headcount

Interactive chart of Vard Group annual worldwide employee count from 2023 to 2025.

  • Vard Group total number of employees in 2025 was 4,443.095, a 0.4% increase from 2024.
  • Vard Group total number of employees in 2024 was 4,411.178, a 5.5% increase from 2023.
  • Vard Group total number of employees in 2023 was 4,180.095, a 1.0% increase from 2022.

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Employee Geographic Breakdown

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Employee Role Breakdown

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Employee Compensation

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Active Job Postings

Interactive chart of Vard Group annual active job postings from 2023 to 2025.

  • Vard Group active job postings in 2025 was 42, a 66.7% decline from 2024.
  • Vard Group active job postings in 2024 was 46, a 4.3% decline from 2023.
  • Vard Group active job postings in 2023 was 48, a 74.3% increase from 2022.

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Employee Sentiment

Sentiment Topics

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