Norsk Hydro ASA - Company Profile
Powered by 
All the data and insights you need on Norsk Hydro ASA in one report.
$295
- Save hours of research time and resources with
our up-to-date Norsk Hydro ASA Strategy Report
- Understand Norsk Hydro ASA position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Norsk Hydro ASA (Norsk) is a supplier of aluminum. The company's primary activities include mining and refining raw materials, producing renewable energy, and developing advanced aluminum solutions. Hydro's major products include aluminum, extrusion ingots, sheet ingots, foundry alloys, wire rods, and high purity aluminum. The company operates under notable brands such as Hydro CIRCAL and Hydro REDUXA. Hydro's products are used in various industries, including the building and automotive sectors. The company has operations in various countries in Argentina, Canada, Brazil, India, Japan, Turkey, Singapore, South Korea, Qatar, France, Norway, Spain, Portugal, Sweden, Germany, the US, Belgium and the UK. Hydro is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Drammensveien 264, Oslo, 0283
Website
www.hydro.com
Telephone
47 2 2538100
No of Employees
32,724
Industry
Metals and Mining
Ticker Symbol & Exchange
NHY (OSL)
Revenue (2022)
$18.3B
-6.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-85.2%
(2022 vs 2021)
Market Cap*
$13.6B
Net Profit Margin (2022)
XYZ
-84.1%
(2022 vs 2021)
* As of and is in US$
Norsk Hydro ASA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Electricity | Hydro CIRCAL |
| Bauxite | Hydro REDUXA Material |
| Alumina | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Financing Agreements | In February, the company entered into US$1,000 million revolving multi-currency credit facility for general corporate purposes. |
| 2023 | Contracts/Agreements | In December, the company entered into a partnership with Volvo Group for zero emission value chains. |
| 2023 | Stake Sale | In December, the company sold its 30% stake in Hydro Alunorte alumina refinery in Brazil to Glencore. |
Competitor Comparison
| Key Parameters | Norsk Hydro ASA | Aluminum Corporation of China Ltd | Alcoa Corp | Fortum Corp | Shandong Nanshan Aluminium Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Norway | China | United States of America | Finland | China |
| City | Oslo | Beijing | Pittsburgh | Espoo | Yantai |
| State/Province | Oslo | Beijing | Pennsylvania | - | Shandong |
| No. of Employees | 32,724 | 64,504 | 13,600 | 5,225 | 15,255 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dag Mejdell | Chairman | Executive Board | 2012 | - |
| Hilde Merete Aasheim | President; Chief Executive Officer | Senior Management | 2019 | - |
| Rune Bjerke | Deputy Chairman | Executive Board | 2020 | - |
| Trond Olaf Christophersen | Executive Vice President - Corporate Development, Hydro; Acting-Chief Financial Officer | Senior Management | 2022 | - |
| Therese Rod Holm | Executive Vice President - Communication and Public Affairs | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward