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Norsk Hydro ASA · Oslo Norway ·(Pink Sheets: NHYDY)(Oslo: NHY)

Company Description

Drammensveien 264
Oslo
NO-02-83
Norway (Map)
Phone: +47-22-53-81-00
Fax: +47-22-53-27-25
Rankings
  • #188 in FT Global 500
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You may find the oil business fascinating, but Norsk Hydro no longer has any interest in the industry. Until 2007 its operations were divided more or less equally between aluminum and energy products. Norsk Hydro is now focused almost exclusively on its aluminum operations, which are strong throughout Asia, Europe, and North America, and rank among the world's top five, along with the likes of Rio Tinto Alcan, RUSAL, and Alcoa. In 2006 it combined its energy operations with Norwegian state-owned Statoil, though the company still does own a small energy business through its operation of 17 hydroelectric power stations in Norway. The Norwegian government owns close to 45% of Norsk Hydro. To read the full description, subscribe now.
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Key Norsk Hydro ASA Financials

Company TypePublic - Pink Sheets: NHYDY - Oslo: NHY

Headquarters
Fiscal Year-EndDecember
2007 Sales (mil.)$17,401.3
2007 Employees24,692

Norsk Hydro ASA Executives

25 executives listed for Norsk Hydro ASA's Oslo,  location.
TitleName & BioContact
ChairmanTerje VarebergNetwork
Deputy ChairmanGrete FaremoNetwork
CEOSvein BrandtzaegNetwork

Competition

Competitive Landscape for Norsk Hydro ASA
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.
Top Norsk Hydro ASA Competitors
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