Wholly owned
This is a list of Norwegian government owned companies. In addition to this the government of Norway owns publicly traded stock domestically through Folketrygdfondet and internationally through The Government Pension Fund of Norway. The list is as of 2005 [update] .
| Company | Stake [2] | Cat [1] | Sector | Ref |
|---|---|---|---|---|
| Aker Holding | 30.0% | 2 | Owns 30% of Aker Solutions | [7] |
| Beaivváš Sámi Theatre | 40.0% | — | Theater | — |
| Bioparken | 8.0% | — | Research | — |
| Adaptor | 44.4% | — | Accessories for the blind | — |
| Carte Blanche | 70.0% | — | Theater | — |
| Cermaq | 43.5%† | — | Aquaculture | [3] |
| Den Nationale Scene | 66.7% | — | Theater | — |
| DnB NOR | 34.0%† | 2 | Banking | [3] |
| Eksportfinans | 15.0% | 1 | Banking | [3] |
| Filmparken | 77.6% | — | Production of movies | — |
| Graminor | 34.0% | — | Research | — |
| Instrumenttjenesten | 45.0% | — | Telecommunications | — |
| Itas Amb | 46.1% | 4 | Manufacturing | — |
| Kimen Såvarelaboratoriet | 51.0% | — | Research | — |
| Kommunalbanken | 80.0% | — | Banking | — |
| Kongsberg Gruppen | 50.0%† | — | Defense and maritime | [3] |
| Kompetansesenter For IT I Helse- og Sosialsektoren | 10.5% | — | Information technology | — |
| Nammo | 50.0% | 2 | Ammunition industry | [3] |
| Nordic Investment Bank | 19.1% | — | Banking | — |
| Norsk Hydro | 43.8%† | 2 | Aluminum | [3] |
| Norut Gruppen | 11.6% | — | Research | — |
| Norwegian National Opera and Ballet | 90.0% | — | Opera | — |
| Protevs | 66.0% | — | Research | — |
| Rogaland Teater | 66.7% | — | Theater | — |
| Rosenkrantzgt. 10 | 10.0% | — | Real estate | — |
| SAS Group | 14.3%† | 1 | Airline | [3] |
| Simula Research Laboratory | 80.0% | 4 | Research | — |
| Equinor | 67% | 2 | Petroleum | [3] |
| Store Norske Spitsbergen Kulkompani | 99.9% | 3 | Mining | [3] |
| Telenor | 54.0%† | 2 | Telecommunications | [3] |
| Trøndelag Teater | 66.7% | — | Theater | — |
| Yara International | 36.2%† | 2 | Fertilizer manufacturing | [3] |
| Veterinærmedisinsk Oppdragssenter | 51.0% | 3 | Research | — |
The economy of Myanmar has a nominal GDP of US$69.26 billion in 2022 and an estimated purchasing power adjusted GDP of $257.34 billion in 2022 according to the International Monetary Fund. For the 2022 estimate, GDP per capita in Myanmar would be $4,060.67 in PPP per capita and $1,409.70 in nominal per capita.
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo.
The economy of Norway is a highly developed mixed economy with state-ownership in strategic areas. Although sensitive to global business cycles, the economy of Norway has shown robust growth since the start of the industrial era. The country has a very high standard of living compared with other European countries, and a strongly integrated welfare system. Norway's modern manufacturing and welfare system rely on a financial reserve produced by exploitation of natural resources, particularly North Sea oil.
The foreign relations of Norway are based on the country's membership in NATO and within the workings of the United Nations (UN). Additionally, despite not being a member of the European Union (EU), Norway takes a part in the integration of EU through its membership in the European Economic Area. Norway's foreign ministry includes both the minister of foreign affairs and minister of international development.
The New Zealand electricity market (NZEM) is a decentralised electricity market regulated by the Electricity Industry Participation Code administered by the Electricity Authority (EA). The authority was established in November 2010 to replace the Electricity Commission.
Norsk Hydro ASA 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. Hilde Merete Aasheim has been the CEO since May, 2019.
China Telecommunications Corporation, known as its trading name China Telecom, is a Chinese state-owned telecommunication company. It is the largest fixed-line service and the third largest mobile telecommunication provider in China. It has three listed companies: China Telecom Corporation Limited, China Communications Services Corporation Limited and Besttone Holding Co., Ltd..
Aker Solutions ASA, an engineering company based in Oslo, provides the products, systems and services required to unlock energy from sources such as oil, gas, offshore wind and CO2 capture. The company, founded in 1841, was known as Aker Kværner until 2008. In 2020, the company announced a merger with Kværner ASA
The economy of India has transitioned from a mixed planned economy to a mixed middle-income developing social market economy with notable state participation in strategic sectors. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the International Monetary Fund (IMF), on a per capita income basis, India ranked 142nd by GDP (nominal) and 125th by GDP (PPP). From independence in 1947 until 1991, successive governments followed Soviet style planned economy and promoted protectionist economic policies, with extensive state intervention and economic regulation. This is characterised as dirigism, in the form of the License Raj. The end of the Cold War and an acute balance of payments crisis in 1991 led to the adoption of a broad economic liberalisation in India. Since the start of the 21st century, annual average GDP growth has been 6% to 7%. The economy of the Indian subcontinent was the largest in the world for most of recorded history up until the onset of colonialism in early 19th century. India accounted for 7.2% of global economy in 2022 in PPP terms, and around 3.4% in nominal terms in 2022.
ZTE Corporation is a Chinese partially state-owned technology company that specializes in telecommunication. Founded in 1985, ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges.
The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2020 Fortune Global 500, a global ranking of the largest corporations by revenue.
Svalbard lies under the sovereignty of Norway, but the Svalbard Treaty places several restrictions. Norway cannot use the archipelago for warlike purposes, cannot discriminate economic activity based on nationality and is required to conserve the natural environment. Uniquely, Svalbard is an entirely visa-free zone. Everybody may live and work in Svalbard indefinitely regardless of country of citizenship. Svalbard Treaty grants treaty nationals equal right of abode as Norwegian nationals. Non-treaty nationals may live and work indefinitely visa-free as well. "Regulations concerning rejection and expulsion from Svalbard" is in force on non-discriminatory basis.
Vedanta Resources Limited is an Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha and Punjab.
Mowi ASA, formerly known as Marine Harvest ASA, , is a Norwegian seafood company with operations in a number of countries around the world. The company's primary interest is fish farming, primarily salmon, the operations of which are focused on Norway, Scotland, Canada, the Faroe Islands, Ireland and Chile. The group has a share of 25 to 30% of the global salmon and trout market, making it the world's largest company in the sector. Mowi also owns a 'value added processing' unit, which prepares and distributes a range of seafood products, and a number of smaller divisions.
The Royal Norwegian Ministry of Transportation is a Norwegian ministry established in 1946, and is responsible for transportation in Norway. The ministry was responsible for communication infrastructure until may 2019, when the responsibility for the Norwegian Communications Authority was transferred to Ministry of Local Government and Regional Development. Since October 2021, the ministry has been headed by Jon-Ivar Nygård. The department must report to the parliament (Stortinget).
The Norwegian National Rail Administration was a government agency responsible for owning, maintaining, operating and developing the Norwegian railway network, including the track, stations, classification yards, traffic management and timetables. Safety oversight was the duty of the Norwegian Railway Inspectorate, while numerous operating companies run trains on the lines; the largest being the state owned passenger company Vy and the freight company CargoNet.
According to the Fourth Five-Year Economic Development Plan (2005–2010), the Privatization Organization of Iran affiliated with the Ministry of Economic Affairs and Finance is in charge of setting prices and ceding shares to the general public and on the Tehran Stock Exchange. The privatization effort is primarily backed by reformist members of the Iranian government and society who hope that privatization can bring about economic and social change.
Equinor ASA is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. As of 2021, the company has 21,126 employees.
The Royal Norwegian Ministry of Trade and Industry was a Norwegian ministry responsible for business, trade and industry. On 1 January 2014 it was merged into Ministry of Trade, Industry and Fisheries. From 2013 it was led by Monica Mæland, who continued as minister of trade, industry and fisheries from 2014 to 2018.
Torbjørn Røe Isaksen is a Norwegian politician, MP for the Conservative Party who served as Minister of Labour and Social Inclusion from 2020 to 2021. He previously served as Minister of Trade and Industry from 2018 to 2020 and Minister of Education and Research from October 2013 to January 2018; except from September to November 2017 when he was on parental leave and his duties were undertaken by Henrik Asheim.
