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NorgesGruppen ASA · Oslo Norway

Company Description

Parkveien 61
Oslo
0204
Norway (Map)
Phone: +47-24-11-31-00
Fax: +47-24-11-31-01
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    Norway and groceries are key to NorgesGruppen. The company is Norway's largest grocery retailer with some 1,975 stores, about 565 of which are company owned, under more than a dozen banners. It is the country's #1 supermarket operator with stores nationwide under the Meny (large supermarkets), KIWI (discount stores), and SPAR banners. NorgesGruppen also taps other retail markets through the regional supermarket chain Ultra, as well as convenience stores (Fresh, MIX). Its ASKO group of about a dozen companies is Norway's leading grocery wholesaler. Founded in 1994, the group is made up of independent retailers. The Norwegian business group Joh. Johannson owns about two-thirds of NorgesGruppen. To read the full description, subscribe now.
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    Key NorgesGruppen ASA Financials

    Company TypePrivate - Cooperative

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$1,753.4
    Employees78

    NorgesGruppen ASA Executives

    20 executives listed for NorgesGruppen ASA's Oslo,  location.
    TitleName & BioContact
    ChairmanKnut JohannsonNetwork
    CEOSverre LeiroNetwork
    Director, FinanceSverre KjærNetwork

    Competition

    Competitive Landscape for NorgesGruppen ASA
    Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.
    Top NorgesGruppen ASA Competitors
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