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Company type | Allmennaksjeselskap |
---|---|
OSE: NHY | |
Industry | Metals |
Founded | 1905 |
Headquarters | Oslo, Norway |
Key people | Eivind Kallevik (President and CEO), Rune Bjerke (Chairman) |
Products | Aluminium and related products; hydropower and solar power technologies |
Revenue | ![]() |
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Total assets | ![]() |
Number of employees | 35,000 (end 2017)[2] |
Website | 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.[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).
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