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Sparebanken NOR
Union Bank of Norway branded as Sparebanken NOR was Norway's largest savings bank between 1990 and 1999. The bank was created as a merger between Sparebanken ABC and four other regional savings banks. The new bank had its headquarters in Oslo and was in existence until 1999 when it merged with Gjensidige to form Gjensidige NOR. Today the bank is part of DnB NOR. The bank was primarily concentrated around Eastern Norway where the original five banks had branches in Akershus, Buskerud, Oslo, Vestfold and Østfold in addition to offices in Bergen, Bodø, Kristiansand, Tromsø, Trondheim and Vadsø in addition to Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan .... External links DnB NOR corporate web site Defunct banks of Norway Companies formerly listed on the Os ...
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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 c ...
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Østfold
Østfold is a traditional region, a former county and a current electoral district in southeastern Norway. It borders Akershus and southwestern Sweden (Västra Götaland County and Värmland), while Buskerud and Vestfold are on the other side of Oslofjord. The county's administrative seat was Sarpsborg. The county controversially became part of the newly established Viken County on 1 January 2020. Many manufacturing facilities are situated here, such as the world's most advanced biorefinery, Borregaard in Sarpsborg. Fredrikstad has shipyards. There are granite mines in Østfold and stone from these were used by Gustav Vigeland. The county slogan is "The heartland of Scandinavia". The local dialects are characterized by their geographical proximity to Sweden. The name The old name of the Oslofjord was ''Fold''; ''Østfold'' means 'the region east of the Fold' (see also Vestfold). The name was first recorded in 1543; in the Middle Ages the name of the county was ''Borga ...
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Banks Disestablished In 1999
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Banks Established In 1990
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Companies Based In Oslo
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, 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 * business entities, whose aim is generating profit * financial entities and banks * programs or 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, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Formerly Listed On The Oslo Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, 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 * business entities, whose aim is generating profit * financial entities and banks * programs or 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, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Defunct Banks Of Norway
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small landlocked country in Western Europe. It borders Belgium to the west and north, Germany to the east, and France to the south. Its capital and most populous city, Luxembourg, is one of the four institutional seats of the European Union (together with Brussels, Frankfurt, and Strasbourg) and the seat of several EU institutions, notably the Court of Justice of the European Union, the highest judicial authority. Luxembourg's culture, people, and languages are highly intertwined with its French and German neighbors; while Luxembourgish is legally the only national language of the Luxembourgish people, French and German are also used in administrative and judicial matters and all three are considered administrative languages of the cou ...
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Vadsø
Vadsø (; sme, Čáhcesuolu; fkv, Vesisaari) is a municipality in Troms og Finnmark County, Norway. The administrative centre of the municipality is the town of Vadsø, which was the administrative centre of the former Finnmark county. Other settlements in Vadsø include Ekkerøy, Kiby, Krampenes, Skallelv, Valen, and Vestre Jakobselv. The municipality is the 83rd largest by area out of the 356 municipalities in Norway. Vadsø is the 170th most populous municipality in Norway with a population of 5,568. The municipality's population density is and its population has decreased by 9.1% over the previous 10-year period. Economy: the service industries have more impact on employment than the total of farming, fishing and the manufacturing industy. The city has suppliers to the regional construction industries, including a concrete works. One bookstore exists. General information The village of Vadsø was granted town status in 1833. In 1838, the town of Vadsø and ...
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Trondheim
Trondheim ( , , ; sma, Tråante), historically Kaupangen, Nidaros and Trondhjem (), is a city and municipality in Trøndelag county, Norway. As of 2020, it had a population of 205,332, was the third most populous municipality in Norway, and was the fourth largest urban area. Trondheim lies on the south shore of Trondheim Fjord at the mouth of the River Nidelva. Among the major technology-oriented institutions headquartered in Trondheim are the Norwegian University of Science and Technology (NTNU), the Foundation for Scientific and Industrial Research (SINTEF), and St. Olavs University Hospital. The settlement was founded in 997 as a trading post, and it served as the capital of Norway during the Viking Age until 1217. From 1152 to 1537, the city was the seat of the Catholic Archdiocese of Nidaros; it then became, and has remained, the seat of the Lutheran Diocese of Nidaros, and the site of the Nidaros Cathedral. It was incorporated in 1838. The current municipalit ...
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Tromsø
Tromsø (, , ; se, Romsa ; fkv, Tromssa; sv, Tromsö) is a municipality in Troms og Finnmark county, Norway. The administrative centre of the municipality is the city of Tromsø. Tromsø lies in Northern Norway. The municipality is the 21st largest by area out of the 356 municipalities in Norway. With a population of 77,544, Tromsø is the 12th most populous municipality in Norway. The municipality's population density is and its population has increased by 12.2% over the previous 10-year period. It is the largest urban area in Northern Norway and the third largest north of the Arctic Circle anywhere in the world (following Murmansk and Norilsk). The city center of Tromsø is located on the island of Tromsøya, but the urban area also encompasses part of the nearby mainland and part of the island Kvaløya. Tromsø is north of the Arctic Circle. Tromsøya is connected to the mainland by the Tromsø Bridge and the Tromsøysund Tunnel, and to the island of Kvaløya ...
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Kristiansand
Kristiansand is a seaside resort city and municipality in Agder county, Norway. The city is the fifth-largest and the municipality the sixth-largest in Norway, with a population of around 112,000 as of January 2020, following the incorporation of the municipalities of Søgne and Songdalen into the greater Kristiansand municipality. In addition to the city itself, Statistics Norway counts four other densely populated areas in the municipality: Skålevik in Flekkerøy with a population of 3,526 in the Vågsbygd borough, Strai with a population of 1,636 in the Grim borough, Justvik with a population of 1,803 in the Lund borough, and Tveit with a population of 1,396 () in the Oddernes borough. Kristiansand is divided into five boroughs: Grim, which is located northwest in Kristiansand with a population of 15,000; Kvadraturen, which is the centre and downtown Kristiansand with a population of 5,200; Lund, the second largest borough; Søgne, with a population of around 12, ...
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