List of companies of Norway

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Location of Norway

Norway is a sovereign and unitary monarchy whose territory comprises the western portion of the Scandinavian Peninsula plus the island Jan Mayen and the archipelago of Svalbard.

The country maintains a combination of market economy and a Nordic welfare model with universal health care and a comprehensive social security system. Norway has extensive reserves of petroleum, natural gas, minerals, lumber, seafood, fresh water and hydropower. The petroleum industry accounts for around a quarter of the country's gross domestic product (GDP).[1] On a per-capita basis, Norway is the world's largest producer of oil and natural gas outside the Middle East.[2][3]

For further information on the types of business entities in this country and their abbreviations, see "Business entities in Norway".

Largest firms[edit]

This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before March 31, 2017.[4] Only the top five firms (if available) are included as a sample.

Rank Image Name 2016 revenues (USD $M) Employees Notes
207 StatfjordA(Jarvin1982).jpg Statoil $45,873 20,539 Multinational oil and gas firm operating in 36 countries. Significant declines in revenues have led to a drop from their high of 36 on the list to the current position of 207.

Notable firms[edit]

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
AF Group Industrials Heavy construction Oslo 1985 Engineering and construction
Aker ASA Conglomerates - Oslo 2004 Holding company
Aker BioMarine Consumer goods Farming & fishing Oslo 2006 Fishing and biotech, part of Aker ASA
Aker Floating Production Industrials Transportation services Oslo 2006 Logistics and support, part of Aker ASA
Aker Solutions Oil & gas Exploration & production Fornebu 2008 Oil, part of Aker ASA
Atea Technology Computer services Oslo 1968 Information technology
Bama Gruppen Consumer goods Food products Oslo 1886 Produce
Bertel O. Steen Industrials Diversified industrials Lørenskog 1901 Trading
Cermaq Consumer goods Farming & fishing Oslo 1995 Fishing
Coop Norge Consumer services Broadline retailers Oslo 1906 Retail cooperatives
DNB ASA Financials Investment services Oslo 1822 Financial services
DNV GL Industrials Business support services Bærum 1864 Inspections
Elkjøp Consumer goods Consumer electronics Lørenskog 1962 Consumer electronics
Ferd Financials Investment services Bærum 2001 Investments
Gjensidige Financials Full line insurance Oslo 1923 Insurance
Hafslund Utilities Conventional electricity Oslo 1898 Power
Havfisk Consumer goods Food products Ålesund 2005 Seafood, part of Lerøy
Helgø Matsenter Consumer services Food retailers & wholesalers Stavanger 1958 Supermarkets
Inter Revisjon Financials Financial services Trondheim 1985 Accountancy chain, defunct 2011
Jotun Industrials Building materials & fixtures Sandefjord 1926 Paints
Kommunal Landspensjonskasse Financials Full line insurance Oslo 1949 Mutual insurance
Kongsberg Gruppen Industrials Defense Kongsberg 1814 Defense
Lerøy Consumer goods Food products Bergen 1939 Seafood
Moelven Industrier Industrials Diversified industrials Ringsaker[5] 1899 Industrial
MøllerGruppen Consumer goods Automobiles Oslo 1936 Automotive
NorgesGruppen Consumer services Food retailers & wholesalers Oslo 1994 Wholesaler
Norsk Hydro Basic materials Aluminum Oslo 1905 Aluminum
Norsk Tipping Consumer services Gambling Hamar 1948 Lottery
Norske Skog Basic materials Paper Lysaker 1962 Pulp and paper
Nortura Consumer goods Food products Oslo 2006 Cooperative
Norwegian State Railways Industrials Railroads Oslo 1996 Railway
O. N. Sunde Conglomerates - Oslo 1988 Shipping, real estate, consumer goods
Odfjell Industrials Marine transportation Bergen 1914 Shipping
Orkla Group Conglomerates - Oslo 1654 Consumer goods, mining, financials
Petroleum Geo-Services Oil & gas Exploration & production Oslo 1991 Oilfields
Posten Norge Industrials Delivery services Oslo 1647 Postal
Reitan Group Consumer services Broadline retailers Trondheim 1948 Retailer
Scandinavian Bunkering Basic materials Specialty chemicals Tønsberg 1993 Industrial lubricants
Schibsted Consumer services Broadcasting & entertainment Oslo 1839 Media
SpareBank 1 Financials Banks Oslo 1996 Bank
Star Shipping Industrials Marine transportation Bergen 1961 Shipping
Statkraft Utilities Conventional electricity Oslo 1986 State-owned electrical
Statnett Utilities Conventional electricity Oslo 1992 Power grid
Statoil Oil & gas Exploration & production Stavanger 1972 State oil and gas
Storebrand Financials Consumer finance Lysaker 1767 Financial services
Telenor Telecommunications Fixed line telecommunications Fornebu 1970 Telecommunications
Telia Norge Telecommunications Mobile telecommunications Oslo 1993 Mobile phones
Thin Film Electronics ASA Industrials Electronic equipment Oslo 2005 Electronics
Tine Consumer goods Food products Oslo 1928 Dairy
Varner-Gruppen Consumer goods Clothing & accessories Oslo 1962 Textiles
Veidekke Industrials Heavy construction Oslo 1936 Construction
Vinmonopolet Consumer services Specialty retailers Oslo 1922 State alcoholic beverage retailer
Wilh. Wilhelmsen Industrials Marine transportation Lysaker 1861 Maritime industry
Yara International Basic materials Specialty chemicals Oslo 1905 Chemicals

See also[edit]

References[edit]

  1. ^ "UPDATE 1-Statistics Norway raises '07 GDP outlook, cuts '08". Reuters. 6 September 2007. Retrieved 8 March 2009.
  2. ^ "Country Comparison :: Crude oil – production". CIA – The World Factbook. Retrieved 2016-03-16.
  3. ^ "Country Comparison :: Natural gas – production". CIA – The World Factbook. Retrieved 2016-03-16.
  4. ^ DeCarlo, Scott (20 July 2017). "The Fortune 2017 Global 500". Fortune.
  5. ^ https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=552708