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Norsk Hydro

Norsk Hydro ASA
Company typeAllmennaksjeselskap
OSE: NHY
IndustryMetals
Founded1905
HeadquartersOslo, Norway
Key people
Eivind Kallevik (President and CEO), Rune Bjerke (Chairman)
ProductsAluminium and related products; hydropower and solar power technologies
RevenueIncrease NOK 109,220 million (2017)[1]
Increase NOK 11,215 million (2017)[1]
Increase NOK 9,184 million (2017)[1]
Total assetsIncrease NOK 163,327 million (2017)[1]
Number of employees
35,000 (end 2017)[2]
Websitehydro.com
Eivind Kallevik at ALUMINUM 2024

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.[3] It has operations in some 50 countries around the world and is active on all continents.[citation needed] 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.[4] Eivind Kallevik has been the CEO since May, 2024, following Hilde Merete Aasheim.[5]

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).

  1. ^ a b c d "OTC Markets - Official site of OTCQX, OTCQB and Pink Markets". Otcmarkets.com. Retrieved 24 June 2019.
  2. ^ "Annual Report 2017" (PDF). Hydro.com. Retrieved 26 March 2017.
  3. ^ "Top Ten Alumina Companies in the World". alcircle.com. Retrieved 2017-09-04.
  4. ^ "Key figures". Archived from the original on 2018-10-20. Retrieved 2018-05-11.
  5. ^ "Svein Richard Brandtzæg - Hydro Internet". 15 April 2008. Archived from the original on 15 April 2008. Retrieved 24 June 2019.

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