Årdal Og Sunndal Verk

Årdal og Sunndal Verk or ÅSV is a defunct Norwegian

state owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public owners ...

company that operated the

aluminum 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 h ...

plants in

Årdal Årdal is a municipality in Vestland county, Norway. It is located at the end of the Årdalsfjorden in the traditional district of Sogn. The village of Årdalstangen is the administrative center of the municipality. The other main village is ...

Sunndal is a municipality in the Nordmøre region located in the northeast part of Møre og Romsdal county, Norway. The administrative center of the municipality is the village of Sunndalsøra. Other villages include Gjøra, Grøa, Hoelsand, Jordalsgr ...

, Høyanger and

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). T ...

. The company was established to take advantage of the

hydro-electric power plants 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 ...

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 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 World War II by country, vast majority of the world's countries—including all of the great power ...

. In 1954 construction on the Sunndal plant started. The company was

merged 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 ...

with

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 ...

in 1986 to create the light metal division Hydro Aluminium. Formerly government-owned companies of Norway Manufacturing companies established in 1946 Norsk Hydro Aluminium companies of Norway Manufacturing companies disestablished in 1986 1946 establishments in Norway 1986 disestablishments in Norway {{norway-company-stub