Norsk Hydro
Norsk Hydro ASA (often referred to as just Hydro) is a Norwegian aluminium and renewable energy company, headquartered in Oslo. It is one of the largest aluminium companies worldwide. It has operations in some 50 countries around the world and is active on all continents. The Norwegian state owns 34.3% of the company through the Ministry of Trade, Industry and Fisheries. A further 6.5% is owned by Folketrygdfond, which administers the Government Pension Fund of Norway. Norsk Hydro employs approximately 35,000 people. Hilde Merete Aasheim has been the CEO since May, 2019.
| Company type | Allmennaksjeselskap |
|---|---|
| OSE: NHY | |
| Industry | Metals |
| Founded | 1905 |
| Headquarters | Oslo, Norway |
Key people | Hilde Merete Aasheim (President and CEO), Dag Mejdell (Chairman) |
| Products | Aluminium and related products; hydropower and solar power technologies |
| Revenue | NOK 109,220 million (2017) |
| NOK 11,215 million (2017) | |
| NOK 9,184 million (2017) | |
| Total assets | NOK 163,327 million (2017) |
Number of employees | 35,000 (end 2017) |
| Website | hydro |
Hydro had a significant presence in the oil and gas industry until October 2007, when these operations were merged with Statoil to form StatoilHydro (in 2009 changed back to Statoil, which is now called Equinor).