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Aker Kvaerner
Aker Solutions ASA, an engineering company based in Oslo, provides the products, systems and services required to unlock energy from sources such as oil, gas, offshore wind and capture. The company, founded in 1841, was known as Aker Kværner until 2008. In 2020, the company announced a merger with Kværner ASA Aker Kværner (OSE: AKVER) was founded in 2004 from the major restructuring of a complex "Aker Kværner" business unit, formed originally in 2002 by the merger of Aker Maritime and Kværner Oil & Gas. On 3 April 2008, Aker Kværner was renamed Aker Solutions, partly due to the difficulty that most non-Scandinavians found in pronouncing "Kværner". The company was majority controlled by Aker ASA until 2007. Then, via a major ownership restructuring on 22 June 2007, Aker ASA completely gave up its holding in Aker Solutions, and transferred a 40% stake to Aker Holding, which in turn was owned by Aker ASA (60%), the Norwegian Ministry of Trade and Industry (30%), SAAB (7.5% ...
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Allmennaksjeselskap
''Aksjeselskap'' is the Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital. Public companies are called Allmennaksjeselskap (ASA), while companies without limited liability are called ''Ansvarlig selskap'' (ANS). All AS companies must have a stock capital of at least NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiaries may have a different fiscal year, as is allowed, to match the parent corporation. The ASA ...
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Myrens Verksted
Myrens Verksted is an industrial area in Norway on the east side of the Akerselva river, situated between the bridges Bentsebrua and Vøyenbrua in the southwest part of Torshov, in what is today the Sagene, Sagene Borough of Oslo. Production started in this area in 1854 based on Øvre Foss Mekaniske verksted established in 1848 by the brothers Jens and Andreas Jensen. In 1855, their brother-in-law Knut Dahl joined as partner. Their main production focused on industrial machinery and tools for rolling mills and sawmills, utilizing the river as source for Hydropower, power in the production. Myrens Verksted became one of the leading and largest industrial companies in Norway with more than 1,000 employees in 1909. The company was acquired by Kværner, Kværner Brug (now a part of Aker ASA) in 1928. The production naturally developed into supplying the pulp and paper industry. At one point, 85% of their production was exported. Industrial production was terminated in 1988 and moved ...
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Metso
Metso Oyj was a Finnish industrial machinery company focusing on providing technology and services for mining, aggregates, and oil and gas, recycling, pulp and paper and other process industries. On 30 June 2020, Metso's partial demerger and combination of Metso Minerals business unit and Outotec took place. Two new companies started operations 1 July 2020: Neles and Metso Outotec. History Metso was created through the merger of Valmet and in 1999. In 2013, Metso demerged into two separate companies: Metso Corporation and Valmet Corporation. 1990s Metso was created on 1 July 1999 through the merger of Valmet, a paper and board machine supplier, and Rauma, which focused on fiber technology, rock crushing and flow control solutions. In 1998 Rauma's businesses included: * Timberjack forest machines * Sunds Defibrator fiber technology equipment * Nordberg rock crushers * Neles Controls valve-control systems The new company had overlapping operations and to some extent the s ...
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Aker Arctic
Aker Arctic Technology Oy (often shortened to Aker Arctic) is a Finnish engineering company that operates an ice model test basin in Helsinki. In addition to ship model testing, the company offers various design, engineering and consulting services related to icebreakers, other icegoing vessels and arctic offshore projects as well as full scale trials, field expeditions and training for icy conditions. Formerly the arctic research centre of Wärtsilä and later Masa-Yards, Aker Arctic was established on 30 December 2004 as an independent company with Finnish Industry Investment Ltd, ABB and Aker Solutions as its current shareholders. Aker Arctic and its predecessors have designed more than half of the world's icebreakers.Company
. Aker Arctic.
In addition, the company is responsible for a number of recent inventions in the design of icegoi ...
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Aker Yards
Aker may refer to: Places * Aker, Norway, a geographic area in Oslo and a former municipality in Norway * Vestre Aker, a district of Oslo within former Aker municipality * Nordre Aker, a district of Oslo within former Aker municipality * Aker Brygge, a business and entertainment area in central Oslo Organisations and structures * Aker ASA, a company based in Oslo, Norway, including its subsidiaries ** Aker Solutions, an engineering company (formerly Aker Kværner) ** Aker American Shipping, a bareboat company with Aker Philadelphia Shipyard ** Aker Drilling, an oil rig company ** Aker Floating Production, a company engaged in ship based petroleum production ** Aker Seafoods, a seafood company ** Aker BioMarine, a krill harvest and processing company * Akers mekaniske Verksted, a former shipyard in Oslo * Aker stadion in Molde, Norway * Aker University Hospital, a primary hospital in eastern Oslo * Aker Yards, a European ship yard group * Old Aker Church, a church in Oslo ...
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Aker Kværner
Aker may refer to: Places * Aker, Norway, a geographic area in Oslo and a former municipality in Norway * Vestre Aker, a district of Oslo within former Aker municipality * Nordre Aker, a district of Oslo within former Aker municipality * Aker Brygge, a business and entertainment area in central Oslo Organisations and structures * Aker ASA, a company based in Oslo, Norway, including its subsidiaries ** Aker Solutions, an engineering company (formerly Aker Kværner) ** Aker American Shipping, a bareboat company with Aker Philadelphia Shipyard ** Aker Drilling, an oil rig company ** Aker Floating Production, a company engaged in ship based petroleum production ** Aker Seafoods, a seafood company ** Aker BioMarine, a krill harvest and processing company * Akers mekaniske Verksted, a former shipyard in Oslo * Aker stadion in Molde, Norway * Aker University Hospital, a primary hospital in eastern Oslo * Aker Yards, a European ship yard group * Old Aker Church, a church in Oslo O ...
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Aker Kvaerner
Aker Solutions ASA, an engineering company based in Oslo, provides the products, systems and services required to unlock energy from sources such as oil, gas, offshore wind and capture. The company, founded in 1841, was known as Aker Kværner until 2008. In 2020, the company announced a merger with Kværner ASA Aker Kværner (OSE: AKVER) was founded in 2004 from the major restructuring of a complex "Aker Kværner" business unit, formed originally in 2002 by the merger of Aker Maritime and Kværner Oil & Gas. On 3 April 2008, Aker Kværner was renamed Aker Solutions, partly due to the difficulty that most non-Scandinavians found in pronouncing "Kværner". The company was majority controlled by Aker ASA until 2007. Then, via a major ownership restructuring on 22 June 2007, Aker ASA completely gave up its holding in Aker Solutions, and transferred a 40% stake to Aker Holding, which in turn was owned by Aker ASA (60%), the Norwegian Ministry of Trade and Industry (30%), SAAB (7.5% ...
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Trafalgar House (company)
Trafalgar House was a British conglomerate with interests in property investment, property development, engineering, construction, shipping, hotels, energy and publishing. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index but eventually floundered in the mid-1990s. History Trafalgar House was founded by entrepreneur Nigel Broackes, whose interests in share dealing and small scale property development brought him into contact with the directors of the Eastern International Investment Trust, a small trust quoted on the London Stock Exchange. In 1959, Broackes acquired a 42 per cent holding in Eastern's property subsidiary, Eastern International Property Investments (EIPI). Two years later, Broackes formed a relationship with Commercial Union which bought shares in EIPI and prepared to act as a financial backer for new property developments. Almost immediately EIPI bought a 55 per cent stake in CU's residential property subsidiary Westmin ...
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Guantanamo Bay Detention Camp
The Guantanamo Bay detention camp ( es, Centro de detención de la bahía de Guantánamo) is a United States military prison located within Guantanamo Bay Naval Base, also referred to as Guantánamo, GTMO, and Gitmo (), on the coast of Guantánamo Bay in Cuba. Of the roughly 780 people detained there since January 2002 when the military prison first opened after the September 11 attacks, 735 have been transferred elsewhere, 35 remain there, and 9 have died while in custody. The camp was established by U.S. President George W. Bush's administration in 2002 during the War on Terror following the September 11, 2001 attacks. Indefinite detention without trial led the operations of this camp to be considered a major breach of human rights by Amnesty International, and a violation of the Due Process Clause of the Fifth and Fourteenth amendments of the United States Constitution by the Center for Constitutional Rights.
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Stavanger
Stavanger (, , American English, US usually , ) is a city and municipalities of Norway, municipality in Norway. It is the fourth largest city and third largest metropolitan area in Norway (through conurbation with neighboring Sandnes) and the administrative center of Rogaland county. The municipality is the fourth most populous in Norway. Located on the Stavanger Peninsula in southwest Norway, Stavanger counts its official founding year as 1125, the year the Stavanger Cathedral was completed. Stavanger's core is to a large degree 18th- and 19th-century wooden houses that are protected and considered part of the city's cultural heritage. This has caused the town center and inner city to retain a small-town character with an unusually high ratio of detached houses, and has contributed significantly to spreading the city's population growth to outlying parts of Greater Stavanger. The city's population rapidly grew in the late 20th century due to its oil industry. Stavanger is known ...
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Kværner Engineering
Kværner was a Norwegian engineering and construction services company that existed between 1853 and 2005. In 2004, it was amalgamated to the newly formed subsidiary of Aker ASA - Aker Kværner, which was renamed Aker Solutions on 3 April 2008. Kværner re-emerged on 6 May 2011, when the EPC (engineering, procurement and construction) part of Aker Solutions took the Kværner name. The new Kværner company was listed on the Oslo Stock Exchange on 8 July 2011. History Kvaerner Brug was founded in Oslo in 1853 by industrialist Oluf A. Onsum (1820-1899). The company became principally involved in the production of cast iron stoves. In 1870, Kvaerner built its first hydroelectric turbine. During the early 1900s, Kvaerner power turbines remained the principal product line which also included bridges, cranes, and pumps. Kvaerner was listed on the Oslo Stock Exchange in 1967. By the 1990s, the company assembled a collection of engineering and industrial businesses, including shipb ...
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Oslo Stock Exchange
Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments. The Euronext consortium of European stock exchanges controls Oslo Stock Exchange as of June 2019. History Oslo Børs was established by a law of September 18, 1818. Trading on Oslo Børs commenced on April 15, 1819. In 1881, Oslo Børs became a stock exchange, which means securities were listed. The first listing of securities contained 16 bond series and 23 stocks, including the Norwegian central bank (Norges Bank). Oslo Børs cooperates with London Stock Exchange on trading systems. The exchange has also a partnership with the stock exchanges in Singapore and Toronto (Canada) for a secondary listing of companies. The stock exchange was privatized in 2001, and is, after the merger in 2007, 100% ...
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