Norsk Hydro ASA - Company Profile

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Norsk Hydro ASA (Norsk) is a supplier of aluminum. Its operations include power production, bauxite extraction alumina refining, aluminium smelting, remelting, rolling activities recycling and extruded solutions. The company’s portfolio of products include bauxite, alumina, traffic poles, light poles, solar mounting systems, trains and rail, E-charging stations, warehousing logistics, roof rails and decorative trims, inner grooved tubes, hydro circal, extrusion ingots, foundry alloys, sheet and remelt ingots, wire rods, foil for technical applications, and strips and sheets. The company also owns and operates hydropower plants. It serves various industries such as automotive, transport, building and construction, marine and offshore, industrial design, infrastructure, electronics, general engineering, HVACR, printing, and solar industries. 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 The company include various battery plants includes Hydrovolt, and Vianode. It also includes corvus energy, provides energy storage solutions for maritime. Hydro is headquartered in Oslo, Norway.

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Headquarters Norway

Address Drammensveien 264, Oslo, 0283


Telephone 47 2 2538100

No of Employees 32,014

Industry Metals and Mining

Ticker Symbol & Exchange NHY (OSL)

Revenue (2023) $18.3B -6.9% (2023 vs 2022)

EPS XYZ

Net Income (2023) XYZ -85.2% (2023 vs 2022)

Market Cap* $10.6B

Net Profit Margin (2023) XYZ -84.1% (2023 vs 2022)

* As of and is in US$
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Norsk Hydro ASA premium industry data and analytics

3

Mines & Projects

Comprehensive coverage on mines and projects for Norsk Hydro ASA with details including commodities, ownership and operations, production, reserves and resources, plant and equipment and key contacts.

10+

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Norsk Hydro ASA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

Products and Services

Products Brands
Electricity Hydro CIRCAL
Bauxite Hydro REDUXA Material
Alumina
XYZ
XYZ
XYZ
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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.
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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 32,014 67,383 13,100 5,393 17,799
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Dag Mejdell Chairman Executive Board 2012 66
Rune Bjerke Deputy Chairman Executive Board 2020 63
Hilde Merete Aasheim President; Chief Executive Officer Senior Management 2019 65
Pal Kildemo Chief Financial Officer; Executive Vice President Senior Management 2019 39
Hilde Vestheim Nordh Executive Vice President - People & Health, Safety and Environment Senior Management 2019 54
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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