Kongsberg Gruppen

Kongsberg Gruppen ASA
	File:Kog logo.png
Company type	Joint-stock company
Industry	Military and maritime systems
Founded	1814
Headquarters	Kongsberg, Norway
Area served	Global
Key people	Walter Qvam (CEO)
Revenue	NOK 13,816 million (2009)
Net income	NOK 1,376 million (2009)
Number of employees	6,472 (October 2011)
Subsidiaries	Kongsberg Maritime AS
Website	http://www.kongsberg.com

Kongsberg Gruppen ASA^[1] (OSE: KOG) (lit.: "The Kongsberg Group") is a Norwegian joint-stock company established in 1987.^[2] It is Norway's major defence contractor^[3] and maritime automation supplier,^[4] and it is located in Kongsberg.

The majority^[5] of the company is owned by Norway's government.^[6]

Timeline

Kongsberg Vaabenfabrik was established in 1814
Kongsberg Holding AS — 1984 (now a subsidiary of Kongsberg Gruppen ASA)^[7]
Kongsberg Basetec AS — 1987 (now a subsidiary of Kongsberg Gruppen ASA)^[8]
Kongsberg Gruppen ASA — 1987^[9]
It was listed on the Oslo Stock Exchange in 1993^{[citation needed]}
A subsidiary, Norsk Forsvarsteknologi AS was established in 1995^[10]
A subsidiary, Kongsberg Forsvar AS — 1995^[11]
A subsidiary, Kongsberg Defence & Aerospace AS — 1997^[12]
A subsidiary, Kongsberg Maritime AS — 1998^[13]

History

The company was established in 1814 as Kongsberg Vaabenfabrik (KV) (lit.: "Kongsberg Weapons Factory"), a name which remained virtually unchanged until 1987. It later sold its "civilian activity" due to financial troubles.^{[citation needed]} Kongsberg Gruppen was listed on the Oslo Stock Exchange in 1993.

In 1987, the company was part of the Toshiba-Kongsberg affair, which involved a subsidiary of Toshiba — and Kongsberg Vaapenfabrikk. The two companies exported (to the Soviet Union) in violation of the CoCom agreement, technology (Toshiba milling machines and Kongsberg numerical-control computers) that could be used to produce military submarine propellers (with cavitation properties that were less detectable by passive sonar). Providing the USSR with technology that could make their submarines harder to find (and track), was perceived as a significant^{[citation needed]} threat to NATO's security.

In 2011, Kongsberg Våpenfabrikk AS was established with Walter Qvam as chairman.^[14] It is not registered as a "state owned company" (statlig eide aksjeselskaper mv) in the same manner that the subsidiaries (and their subsidiaries) of Kongsberg Gruppen are registered with Entity Registry (Norway).^[15]

Ownership in other companies

Subsidiaries

Kongsberg Basetec AS
Kongsberg Defence & Aerospace AS^[16]
Kongsberg Forsvar AS (which fully owns^[17] Kongsberg Defence Systems AS^[18])
Kongsberg Holding AS^[19]
Kongsberg Hungaria KFT^[20]
Kongsberg Maritime AS (88.5 % ownership directly^[21] — the rest thru Kongsberg Basetec AS^[22]) It owns^{[citation needed]} Kongsberg Mesotech Ltd in Canada
Kongsberg Næringsbygg 2 AS^[23]
Kongsberg Næringsbygg 3 AS^[24]
Kongsberg Næringsbygg 5 AS^[25]
Kongsberg Næringsbygg 6 AS^[26]^[27]
Kongsberg Næringsbygg 7 AS^[28]^[29]
Kongsberg Næringseiendom AS^[30]
Kongsberg Reinsurance Ltd.^[31]
Kongsberg Teknologipark AS^[32]
Norsk Forsvarsteknologi AS^[33]

Nerion AS^[34] (purchased in 2002^[35], established in 1986^[36])

Chairman

Finn Jebsen^[44]

References

External links

[1] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=943753709

[2] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=943753709

[3] St.meld. nr. 13 (2006-2007) Et aktivt og langsiktig eierskap

[4] Jane's World Defence Industry

[5] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=943753709&id=&page=roles

[6] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=943753709 "Sektorkode: 1120 Statlig eide aksjeselskaper mv"

[7] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=835991512

[8] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=943927618

[9] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=943753709

[10] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=974484706

[11] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=875782592

[12] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=978614582

[13] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=979750730

[14] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=997129423&id=&page=roles

[15] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=997129423

[16] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=978614582&id=&page=roles

[17] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=975782328&id=&page=roles

[18] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=875782592&id=&page=roles

[19] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=835991512&id=&page=roles

[20] Annual report 2010, page 56

[21] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=979750730&id=&page=roles

[22] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=943927618&id=&page=roles

[23] Annual report 2010, page 56

[24] Annual report 2010, page 56

[25] Annual report 2010, page 56

[26] Annual report 2010, page 56

[27] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=991200517

[28] Annual report 2010, page 56

[29] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=992109947

[30] Annual report 2010, page 56

[31] Annual report 2010, page 56

[32] Annual report 2010, page 56

[33] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=974484706&id=&page=roles

[34] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=940071585&id=997351274&page=companyInfo

[35] Annual report 2010, page 56

[36] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=940071585

[37] Annual report 2010, page 52

[38] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=982786185&id=&page=roles

[39] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=982786185

[40] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=985019428&id=&page=roles

[41] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=975782034&id=997351274&page=companyInfo

[42] ttp://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=975782034

[43] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=975782085&id=&page=roles

[44] ttp://www.dn.no/bedriftsbasen/proff/?companyNo=943753709&id=&page=roles

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Timeline

History

Ownership in other companies

Subsidiaries

Consolidated companies

Directly owned by Kongsberg Basetec AS

Directly owned by Kongsberg Holding AS

Chairman

References

See also

External links