Norsk Hydro

Overview

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• TickerNHY on Oslo Stock Exchange¹
• Industryaluminium industry, energy industry¹
• HeadquartersOslo¹
• Websitehydro.com
• Legal formallmennaksjeselskap, aksjeselskap¹

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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. Eivind Kallevik has been the CEO since May, 2024, following Hilde Merete Aasheim. Rune Bjerke has been the Chairman since 2024 and Magnus Aakvaag (the grandson of former CEO Torvild Aakvaag) serves as a strategic advisor.²

The story

Founded by Sam Eyde on Dec 2, 1905.¹

Leadership

Who has led Norsk Hydro, and when. Pick a name to see everywhere that person has worked.

• FounderSam Eyde¹
• Chief executive officerEivind Kallevik May 13, 2023 to now¹
• Chief executive officerHilde Merete Aasheim 2018 to May 13, 2023¹
• ChairRune Bjerke 2024 to now¹
• ChairDag Mejdell¹

Products and brands

• aluminium
• aluminium alloy
• renewable energy

Listed on Wikidata.¹

Subsidiaries and ownership

Subsidiaries

• De Norske Salpeterverker
• Hydro Energi
• Hydro Extruded Solutions
• Hydro Vigelands Brug AS
• Hydrovolt
• Norsk Hydro Deutschland
• Norsk Kraftaktieselskab
• Yara International

Also owns

• View of the Rjukanfoss

From Wikidata.¹

Acquisitions

1. Sep 1, 1986Acquired Hydro Aluminium¹

Employees over time

• 202231,000¹

Revenue over time

As stated on Wikidata, in the currency reported.

Net income

• 202113.9B NOK¹

Timeline

1. May 13, 2023New chief executive Eivind Kallevik becomes CEO¹
2. 2018New chief executive Hilde Merete Aasheim becomes CEO¹
3. Apr 16, 1909Went public Listed on Oslo Stock Exchange¹
4. Dec 2, 1905Founded Founded¹

Links

• Websitehydro.com¹
• X (Twitter)x.com/norskhydroasa¹
• Facebookwww.facebook.com/norskhydroasa¹
• Instagramwww.instagram.com/norskhydroasa¹
• YouTubewww.youtube.com/channel/UCEOwf5jNlgcSFdjxEZootow¹
• LinkedInwww.linkedin.com/company/norsk-hydro¹
• WikipediaNorsk Hydro
• WikidataQ511031