Norsk Hydro ASA (Oslo: NHY)

Drammensveien 264
NO-0283 Oslo, Norway (Map)
Phone: +47-22-53-81-00
Fax: +47-22-53-27-25
Primary US Office:
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http://www.hydro.com

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Overview

You may find the oil business fascinating, but Norsk Hydro no longer has any interest in the energy industry. Until 2007 its operations were divided more or less equally between aluminum and energy products. Norsk Hydro is now focused strictly on its aluminum operations, which are strong throughout Asia, Europe, and North America, and rank among the world's top five in the industry along with the likes of Rio Tinto Alcan, RUSAL, and Alcoa. In 2006 it combined its energy operations with Norwegian state-owned Statoil, a move to create a Top Five energy company. In 2008 Norsk Hydro also sold its chemicals business to Ineos for $900 million. The Norwegian government owns close to 45% of Norsk Hydro.

Sample Overview & History

Key Numbers from Hoover's UK

Key financials for Norsk Hydro ASA (Oslo: NHY)

Company Type Public (Oslo: NHY; Pink Sheets: NHYDY)
Fiscal Year-End December
2006 Sales (mil.) £16,085.3
1-Year Sales Growth 22.7%
2006 Net Income (mil.) £1,425.5
1-Year Net Income Growth 21.1%
2006 Employees 33,605
1-Year Employee Growth 2.6%
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Key People from Hoover's UK

Key people and executives for Norsk Hydro ASA (Oslo: NHY)

President and CEO Eivind Reiten
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EVP and CFO John Ove Ottestad
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Head Strategy and Business Development Arvid Moss
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Top Competitors from Hoover's UK

Top competitors of Norsk Hydro ASA (Oslo: NHY)

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Significant Developments

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Industry Information from Hoover's UK

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Norsk Hydro ASA (Oslo: NHY)

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