List Of The Largest Norwegian Companies
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List Of The Largest Norwegian Companies
This list of the largest companies of Norway contains the 500 largest companies in Norway by revenue. Information is provided on revenue, operating income, net income and number of employees. Financial amounts are in millions of Norwegian kroner (1 US dollar = 8.85 kroner as of 12/02/2022). The information provided for each company includes subsidiaries A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa .... Also on the list are subsidiaries of foreign companies. The list is based on the audited accounts for 2006. References {{reflist Largest Norway ...
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Company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes, it may need to be Liquidation, liquidated to avoid further legal obligations. Companies may associate and collectively register themselves ...
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Kommunal Landspensjonskasse
Kommunal Landspensjonskasse Gjensidig Forsikringsselskap or KLP is an Oslo-based mutual insurance company that manages the pensions of municipal employees in Norway. As of 31 March 2021, the fund had assets of NOK 813.5 billion (US$95.1 billion), with 337 municipal and county authorities, 31 health trusts and 2,300 public sector firms as clients. Norway's largest pension fund, KLP was established in 1949. Until 1974 the portfolio was managed by Norsk Kollektiv Pensjonskasse, after which KLP received its own license. KLP Eiendom is a major subsidiary that manages real estate in Norway and Denmark. State employees are insured through the Norwegian Public Service Pension Fund. Ethical divestment KLP has a long track record of ethics-based financial divestment, is a member of the United Nations Principles for Responsible Investment (UNPRI) and publishes detailed explanations about why it excludes certain investments. KLP also shares its ESG analysis with the Government Pension ...
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Tine (company)
TINE SA () is the largest Norwegian dairy product cooperative consisting of around 15,000 farmers and 5,600 employees. As of 2013, it has a revenue of 20.4 billion Norwegian kroner (NOK) ($3.41bn, £2.04bn, €2.50bn). The parent company, TINE SA, is a cooperative society owned by its suppliers, the milk Milk is a white liquid food produced by the mammary glands of mammals. It is the primary source of nutrition for young mammals (including breastfed human infants) before they are able to digestion, digest solid food. Immune factors and immune ... producers who deliver milk to the company. The corporation domestically offers the entire spectrum of dairy products, and in many dairy categories, Tine faces little or no domestic competition. This monopolistic position has led to criticism of Tine when shortages occur. Tine's internationally known products are Jarlsberg cheese, Snøfrisk goat cheese, Heidal cheese, Ridder cheese, and Ski-Queen (geitost). Tine is the most dominant ...
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Southern Norway Regional Health Authority
{{Infobox company , name = Helse Sør RHF , logo = , fate = Merger , successor = Southern and Eastern Norway Regional Health Authority , foundation = January 1, 2002 , defunct = June 1, 2007 , location = Skien, Norway , industry = Healthcare , key_people = , products = , num_employees = , parent = Norwegian Ministry of Health and Care Services , subsid = Southern Norway Regional Health Authority ( no, Helse Sør RHF) was a regional health authority that covered the counties of Aust-Agder, Buskerud, Telemark, Vest-Agder and Vestfold in Norway, as well as the national hospitals in Oslo. The authority was founded on January 1, 2002, but merged with the Eastern Norway Regional Health Authority to form the new Southern and Eastern Norway Regional Health Authority on June 1, 2007. The eight health trusts owned by the authority were Blefjell Health Trust, Rikshospitalet–Radiumhospitalet, Vestfold Psychiatric Health Trust, Ringerike Heath Trust, Buskerud Health T ...
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Reitan Group
Reitangruppen is a Norwegian conglomerate comprising five business areas: REMA 1000, Reitan Convenience, Reitan Eiendom (Reitan Real Estate), Uno-X Energi (Uno-X Energy), and Reitan Kapital. Reitangruppen’s head office is at Lade Gaard in Trondheim, Reitangruppen’s cultural and financial center. REMA 1000, Reitan Convenience, and Reitan Kapital has its operational center in Oslo, while Reitan Eiendom is based in Trondheim. Uno-X Energy is based in Oslo and Copenhagen, Denmark. Reitangruppen had a turnover in 2018 (including franchise sales) of 95 billion NOK, and employs 38,000 people in Scandinavia and the Baltic region. Reitangruppen’s mission is to manage strong and independent business areas in retailing and real estate. History The group started in 1948 when Ole Reitan opened the O. Reitan Kolonial store in Nonnegata in Trondheim. In 1972, Ole's son Odd Reitan started his own shop. He had returned from his education at the Retailing institute (Kjøpmannsinstitutte ...
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ConocoPhillips
ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas. The company has operations in 15 countries and has production in the United States (49% of 2019 production), Norway (10% of 2019 production), Canada (5% of 2019 production), Australia (12% of 2019 production), Indonesia (4% of 2019 production), Malaysia (4% of 2019 production), Libya (3% of 2019 production), China (3% of 2019 production), and Qatar (6% of 2019 production). The company's production in the United States included production in Alaska, the Eagle Ford Group, the Permian Basin (North America), Permian Basin, the Bakken Formation, the Gulf of Mexico and the Anadarko Basin. Approximately 1/3 of the company's U.S. production is in Alaska, where it has operations in the Cook Inlet Area, the Alpine oil field off the Colville River (Alaska), Colville River, and the Kuparuk oil field and Prudhoe Bay ...
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Coop NKL
Coop Norge SA is a Norwegian cooperative. It is owned by 117 local cooperatives with approximately 2 million members. The company has its headquarters in Oslo. History The first cooperative store in Norway was opened in the 1850s and, on 27 June 1906, a group of 28 cooperatives formed the NKL (''Norges Kooperative Landsforening'', "Norwegian Cooperative Association") to act as a wholesaler for its members. The next year, it joined the International Co-operative Alliance. NKL acquired the Norwegian Margarine Factory (''Margarinfabrikken Norge'') in Bergen in 1911; it later purchased other margarine factories in Oslo and Bodø. It purchased a cigarette factory in 1914 and a coffee plant in 1916. During the 1920s, it began production of shoes and flour; during the 1930s, it added chocolate and light bulbs as well as Cooperative Insurance (''Samvirke Forsikring''). NKL opened the first self-serve store in Norway on 1 October 1947 and, in 1951, the law was changed to permit coopera ...
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Posten Norge
Posten Norge () is the name of the Norwegian postal service. The company, owned by the Norwegian Ministry of Transport and Communications had a monopoly until 2016 on distribution of letters weighing less than 50g throughout the country. There are 30 post offices in Norway, in addition to 1400 outlets in retail stores. History Posten was founded in January 1647 as Postvesenet ("the postal system") by general post master Henrik Morian. It was established as a private company, and King Christian IV gave his blessing to the founding of the company. Postvesenet was privately run until 1719, when the state took over. From that point on, national postal service was a state monopoly. Local city postal services remained private, but in 1888 a new postal law was introduced which expanded the monopoly to the entire country. In 1933, Postvesenet was renamed Postverket. In 1996, Posten Norge BA was established as a state-owned company in which the Norwegian state had limited liability. In 2 ...
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STX Europe
STX Europe AS, formerly Aker Yards ASA, was until 2012 a subsidiary of the South Korean STX Offshore & Shipbuilding. With headquarters in Oslo, Norway, STX Europe operated 15 shipyards in Brazil, Finland, France, Norway, Romania and Vietnam. The company had three business areas: Cruise & Ferries, Offshore & Specialized Vessels and Other Operations. In 2012, with rising outstanding debts, STX retained the Finnish cruise shipbuilding yard and sold the remainder as ''STX OSV Holdings'', (Offshore & Specialist Vessels), including all the yards, to Fincantieri, which renamed the group Vard. In September 2014 STX Finland was sold, 70% to Meyer Werft and 30% to the Finnish government. The operations were continued under name Meyer Turku thereafter. Meyer Werft acquired the Finnish government's 30% in April 2015. In 2017 STX France, after the bankruptcy of STX Corporation, was acquired by the French government and reverted to its original name of Chantiers de l'Atlantique. Histo ...
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Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ...
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Eastern Norway Regional Health Authority
{{Infobox company , name = Helse Øst RHF , logo = , fate = Merger , successor = Southern and Eastern Norway Regional Health Authority , foundation = January 1, 2002 , defunct = June 1, 2007 , location =Hamar, Norway , industry = Healthcare , key_people = , products = , num_employees = , parent = Norwegian Ministry of Health and Care Services , subsid = Eastern Norway Regional Health Authority ( no, Helse Øst RHF) was a regional health authority that covered the counties of Akershus, Hedmark, Oppland, Oslo and Østfold. The authority was founded on January 1, 2002, but merged with the Southern Norway Regional Health Authority to form the new Southern and Eastern Norway Regional Health Authority on June 1, 2007. The eight health trusts owned by the authority were Aker University Hospital, Akershus University Hospital, Asker and Bærum Hospital Trust, Østfold Hospital Trust, Innlandet Hospital Trust, Sunnaas Hospital, Ullevål University Hospital Ulleva ...
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DNB ASA
DNB ASA (formerly DnB NOR ASA) is Norway's largest financial services group with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. DNB's head office is located in Oslo. The two largest owners of DNB are the Norwegian Ministry of Trade and Industry (34.0%) and Sparebankstiftelsen DnB NOR (10.0%). The latter was created as a foundation with the sole purpose of owning part of the company. It was created when Gjensidige NOR was made a public limited company to ensure that the companies' customers retained partial ownership of the company. The foundation also can give up to 25% of its received dividend as gifts to charity. Operations The DNB Bank Group is the largest entity in the DNB Group and Norway's largest bank, offering services to the corporate, retail and securities markets and the public sector. Domestically, the group has an investment bank DNB Markets, the finance company Cresco, the real estate agency DNB ...
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