About Norsk Hydro
Norsk Hydro is a company based in Oslo (Norway) founded in 1905.. The company has 32,030 employees as of December 31, 2024. Norsk Hydro has completed 7 acquisitions, including Corvus Energy, Hydrovolt and MBG Metallbeschichtung Gerstungen. Norsk Hydro offers products and services including Aluminium Products and Renewable Energy.
- Headquarter Oslo, Norway
- Employees 32030 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Norsk Hydro Asa
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Annual Revenue
$17.89 B (USD)5.71as on Dec 31, 2024
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Net Profit
$509.98 M (USD)61.6as on Dec 31, 2024
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EBITDA
$1.81 B (USD)12.49as on Dec 31, 2024
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Latest Funding Round
$633.66 K (USD), Grant
Dec 05, 2023
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Investors
European Union
& 2 more
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Employee Count
32030
as on Dec 31, 2024
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Investments & Acquisitions
Corvus Energy
& 6 more
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IPO & Listings of Norsk Hydro
Norsk Hydro is a publicly listed company on the OSL with ticker symbol NHY in Norway, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Norsk Hydro
Norsk Hydro offers a comprehensive portfolio of products and services, including Aluminium Products and Renewable Energy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Aluminium products are produced for various applications, with an emphasis placed on low-carbon and recycled variants.
Renewable energy is supplied as part of efforts directed at the green transition.
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Software Development Team
171 people
Leadership Team
62 people
Human Resources and Administration
60 people
Sales and Marketing
36 people
Finance and Accounting
32 people
Head Team
30 people
Product Management Team
28 people
Operations Team
21 people
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Funding Insights of Norsk Hydro
- Total Funding Total Funding
- Total Rounds 9
- Last Round Grant — $633,663
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Grant - Norsk Hydro | Valuation |
investors |
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| Feb, 2021 | Amount | Grant - Norsk Hydro | Valuation |
investors |
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| Nov, 2020 | Amount | Grant - Norsk Hydro | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Norsk Hydro
Norsk Hydro has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, Welsh Government and Austria Wirtschaftsservice. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Banking regulatory services are provided for Austrian financial institutions.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Government services for Wales are delivered through public administration.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Norsk Hydro
Norsk Hydro has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Corvus Energy, Hydrovolt and MBG Metallbeschichtung Gerstungen. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Anode materials and synthetic graphite products are manufactured and supplied.
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2021 | ||||
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Secondary aluminium casting alloys are manufactured by The Alumetal Group.
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2014 | ||||
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Developer of energy storage systems (ESS) based on lithium NMC technology
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Norsk Hydro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Norsk Hydro Comparisons
Competitors of Norsk Hydro
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Norsk Hydro
Frequently Asked Questions about Norsk Hydro
When was Norsk Hydro founded?
Norsk Hydro was founded in 1905 and raised its 1st funding round 110 years after it was founded.
Where is Norsk Hydro located?
Norsk Hydro is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Norsk Hydro?
Svein Richard Brandtzaeg is the current CEO of Norsk Hydro.
How many employees does Norsk Hydro have?
As of Dec 31, 2024, the latest employee count at Norsk Hydro is 32,030.
What is the annual revenue of Norsk Hydro?
Annual revenue of Norsk Hydro is $17.89B as on Dec 31, 2024.
What does Norsk Hydro do?
Founded in 1905 and headquartered in Oslo, Norway, Norsk Hydro operates within the aluminium sector, where exploration services form a core focus. Annual revenues of 21.93 billion were reported for 2022, accompanied by a net profit of 2.51 billion. The companys activities span resource identification and related operations, with its online presence maintained at hydro.com. Leadership was previously held by Svein Richard Brandtzaeg as CEO.
What products or services does Norsk Hydro offer?
Norsk Hydro offers Aluminium Products and Renewable Energy.
Is Norsk Hydro publicly traded?
Yes, Norsk Hydro is publicly traded on OSL under the ticker symbol NHY.
How many acquisitions has Norsk Hydro made?
Norsk Hydro has made 7 acquisitions, including Corvus Energy, Hydrovolt, and MBG Metallbeschichtung Gerstungen.
Who are Norsk Hydro's investors?
Norsk Hydro has 3 investors. Key investors include European Union, Welsh Government, and Austria Wirtschaftsservice.
What is Norsk Hydro's ticker symbol?
The ticker symbol of Norsk Hydro is NHY on OSL.
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