Tine (company)

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TINE SA
Type Cooperative
Industry Dairy
Founded 1928
Headquarters Oslo, Norway
Area served Norway
Global
Key people Hanne Refsholt (CEO)
Products Jarlsberg cheese
Milk
Snøfrisk
Ski-Queen
Diplom-Is
Revenue increase NOK 18,9 billion (2009)
Net income NOK 674 million (2009)
Employees 5,675 (2009)
Website www.Tine.no

TINE SA is the largest Norwegian dairy product cooperative consisting of around 15,850 farmers and 5,734 employees. It runs near monopoly in Norway, with revenue of NOK 18.9 billion. The corporation domestically offers the entire spectrum of dairy products. Tine's internationally known products are Jarlsberg cheese, Snøfrisk goat cheese, Ridder cheese, and Ski-Queen (geitost). Tine is one of the twelve agricultural cooperatives in Norway.

Contents

[edit] History

The company dates back to 1928 when "Norske Meieriers Eksportlag" (lit. Norwegian Dairies Export Group) was started. It changed its name to "Norske Meieriers Salgssentral" in 1942 and to "Norske Meierier" in 1984. The Tine brand has been used since 1992 to grant a better brand name for the dairy products. If Norway had joined the European Union in 1994, Tine would have had to compete with international dairies domestically and needed to position itself. After accusations that Tine was misusing its market position in 2004, Morten Andreas Meyer (H), then Minister of Government Administration and Reform, wanted to split up Tine by force, but did not get support for this.[1]

[edit] Subsidiaries

Subsidiaries which are partly or fully owned by Tine:[2]

  • Wernersson Ost, sells and markets international cheeses in Norway (100% owned by Tine)
  • Maritex, produces, sells and markets fish oil products (100% owned by Tine)
  • Salmon Brands, produces, sells and markets salmon products (51% owned by Tine)
  • Lofotprodukt, produces and sells fish products (41% owned by Tine)
  • Landteknikk, produces and sells products needed in the production of dairy and fish products (49% owned by Tine)





[edit] References

  1. ^ Norwegian News Agency (2005). "Uenighet om Tine-deling i regjeringen" (in Norwegian). Dagbladet.no. http://www.dagbladet.no/nyheter/2005/02/19/423850.html. Retrieved 2008-03-08. 
  2. ^ "Tine.no - Om Tine - Tine Gruppa - Datterselskaper" (in Norwegian). Tine BA. 2006. http://www.Tine.no/page?id=76. Retrieved 2008-03-08. [dead link]

[edit] External links

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