Ã…rdal Og Sunndal Verk
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Ã…rdal Og Sunndal Verk
Årdal og Sunndal Verk or ÅSV is a defunct Norwegian state owned company that operated the aluminum plants in Årdal, Sunndal, Høyanger and Holmestrand. The company was established to take advantage of the hydro-electric power plants in the respective villages to create aluminum plants. The company was founded in 1946 to continue the unfinished production of the Årdal plant started by the German occupational forces during World War II. In 1954 construction on the Sunndal plant started. The company was merged with Norsk Hydro in 1986 to create the light metal A light metal is any metal of relatively low density. More specific definitions have been proposed; none have obtained widespread acceptance. Magnesium, aluminium and titanium are light metals of significant commercial importance. Their densities ... division Hydro Aluminium. Formerly government-owned companies of Norway Manufacturing companies established in 1946 Norsk Hydro Aluminium companies of Norway Manu ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Hydro-electricity
Hydroelectricity, or hydroelectric power, is electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems. A hydroelectric power station that has a dam and reservoir is a flexible source, since the amount of electricity produced can be increased or decreased in seconds or minutes in response to varying electricity demand. Once a hydroelectric complex is constructed, it produces no direct waste, and almost always emits considerably less greenhouse gas than fossil fuel-powered energy plants.
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Manufacturing Companies Disestablished In 1986
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Aluminium Companies Of Norway
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of 26Al is used in radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity towards oxyge ...
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Manufacturing Companies Established In 1946
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ...
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Light Metal
A light metal is any metal of relatively low density. More specific definitions have been proposed; none have obtained widespread acceptance. Magnesium, aluminium and titanium are light metals of significant commercial importance. Their densities of 1.7, 2.7 and 4.5 g/cm3 range from 19 to 56% of the densities of the older structural metals,Polmear I 2006, ''Light Alloys: From Traditional Alloys to Nanocrystals,'' 4th ed., Butterworth Heinemann, Oxford, , p. 1 iron (7.9) and copper (8.9). See also * Heavy metals upright=1.2, Crystals of osmium, a heavy metal nearly twice as dense as lead">lead.html" ;"title="osmium, a heavy metal nearly twice as dense as lead">osmium, a heavy metal nearly twice as dense as lead Heavy metals are generally defined as ... References {{DEFAULTSORT:Light Metal Sets of chemical elements Metals ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Occupation Of Norway By Nazi Germany
The occupation of Norway by Nazi Germany during the Second World War began on 9 April 1940 after Operation Weserübung. Conventional armed resistance to the German invasion ended on 10 June 1940, and Nazi Germany controlled Norway until the capitulation of German forces in Europe on 8 May 1945. Throughout this period, a pro-German government named Den nasjonale regjering (English: the National Government) ruled Norway, while the Norwegian king Haakon VII and the prewar government escaped to London, where they formed a government in exile. Civil rule was effectively assumed by the ''Reichskommissariat Norwegen'' (Reich Commissariat of Norway), which acted in collaboration with the pro-German puppet government. This period of military occupation is, in Norway, referred to as the "war years", "occupation period" or simply "the war". Background Having maintained its neutrality during the First World War (1914–1918), Norwegian foreign and military policy since 1933 was largely ...
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Holmestrand
is a town and municipality in Vestfold in Vestfold og Telemark county, Norway. The administrative centre of the municipality is the town of Holmestrand. The town was established as a municipality on 1 January 1838 (see formannskapsdistrikt). The neighboring rural municipality of Botne was merged into the municipality of Holmestrand on 1 January 1964. Sande municipality merged into Holmestrand on January 1, 2020. The municipality of Hof was merged into Holmestrand on January 1, 2018. The town lies by the Oslofjord and is built beside the water. It was granted municipal status in 1752, but had been a harbour for exporting of timber/lumber since around 1550. It borders the Oslo Fjord in the east, Tønsberg in the south, and it shares a short border with Larvik in the south-west. It is bordered by Viken in the west and north. Holmestrand is home to Vestfold County's largest lake, Eikeren. It is also '' Vestfjellet'', which is the highest peak in the county. Name The Old Nor ...
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Norsk Hydro
Norsk Hydro ASA (often referred to as just ''Hydro'') is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world and is active on all continents. The Norwegian state owns 34.3% of the company through the Ministry of Trade, Industry and Fisheries. A further 6.5% is owned by Folketrygdfond, which administers the Government Pension Fund of Norway. Norsk Hydro employs approximately 35,000 people. Hilde Merete Aasheim has been the CEO since May, 2019. Hydro had a significant presence in the oil and gas industry until October 2007, when these operations were merged with Statoil to form StatoilHydro (in 2009 changed back to Statoil, which is now called Equinor). History First steps with fertiliser Financed by the Swedish Wallenberg family and French banks, the company was founded on December 2, 1905 as Norsk hydro-elektrisk (lit. Norwegian hydro-electri ...
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