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VEEM Ltd was recently inducted into the Family Business Australia FBA WA Hall of Fame, joining other successful WA companies with rich histories and contributions to the Western Australian economy.

VEEM was established in 1968 by Voyka and Elizabeth Elise Miocevich and began as a small engineering services company specialising in the repair and dynamic balancing of drive shafts, engines and other rotating equipment.

Today VEEM a is a marine technology company specialising primarily in propulsion and stabilisation systems and also provides products and services to the marine, defence and mining industries. The company has grown to become a premium manufacturer of sophisticated equipment for a variety of industries and was awarded the Australian Marine Exporter of the Year in 2012 and 2013.

VEEM is a proud family business, with a strong European work ethic, a focus on engineering perfection and a “can do” problem solving approach. These qualities are now firmly embedded as core company values and are reflected in the pride taken to deliver a first class product to their customers.