About NFM

Executive Profiles

Our executive team represents a wealth of shared experience and in-depth knowledge. They are instrumental in informing and championing every aspect of NFM's business – from product innovation and customer service to marketing, financial and workforce issues.

Walter Øverland


CEO and co-founder of NFM, Walter Øverland has held numerous positions within the Equipnor Group since 1998. He brings a wealth of management and leadership skills. He has wide expertise in the European defense industry, specifically in military textiles, raw materials, solution design and testing.

Toivo Horvei


One of NFM’s Norwegian co-founders, Toivo Horvei has a breadth of experience within the NFM Group and Equipnor, specializing in ballistic raw materials, solution design and testing. Bringing over 14 years' commercial and strategic experience within the European defense industry, Toivo leads the company’s Business Development activities. He studied IT workflow in Graphic Arts.

Viggo Engen

Finance Director

Viggo Engen joined NFM as Financial Director of NFM Group in 2008, and has held the position of General Manager of Frec Technology AS since 2010. Viggo has more than twenty years' experience as Controller / Financial Manager / CFO / Finance Director in the technology, transport and leasing sectors. He is action-driven and is responsible for ensuring a robust financial platform for the NFM Group. Viggo holds an MSc. in Business and Economics, and completed officer’s training school in the Norwegian army.

Małgorzata Dombrowska

Production Director

General Manager and President of the Board of NFM Production and NFM International since 2001, Małgorzata Dombrowska is responsible for all production, logistics and administration aspects at NFM. Małgorzata has a strong background in management, leading the establishment of NFM’s Poland operations. Małgorzata holds an Executive MBA and MSc. from the Faculty of Management and Economics, Technical University of Gdańsk.

Yael Malchi

Business Development & Marketing Director

Yael Malchi joined NFM in 2011 bringing more than twelve years of leadership and management experience with a proven track record in developing commercial relationships globally. Yael has extensive strategic and commercial experience in the European defense industry and possesses a thorough understanding of the public tender process. Previously, Yael served in senior Marketing and Business Development roles with Rabintex Industries Ltd and as a Director of DE&M Consultancy Ltd and Eurotaas (EUTA) Ltd. Yael holds an MSc (cum laude) in Engineering and an executive MBA.

Geir Ruud

CEO, Equipnor

Geir Ruud was appointed CEO of Equipnor in August 2015. Prior to that, Geir gained much of his experience at TKS Consulting, where, under his leadership, sales doubled in the three years 2010-2013. Before joining TKS, Geir served as the CEO in a development company specializing in GSM power systems. Geir has a rich military background, including serving as a Platoon Commander in the Norwegian Army, and as Protocol Officer for the Chief of Defense Norway. Geir holds a bachelor's degree from the Norwegian Military Academy (Krigsskolen), and has studied Computer & Information Technology at the Oslo University.