Hand in hand with the EU
Published:
8 out of 10 foreign enterprise groups with subsidiaries in Norway were controlled from countries within the European Union. The most important ownership country outside Europe was the United States.
- Full set of figures
- Foreign subsidiaries in Norway
- Series archive
- Foreign-controlled enterprises in Norway (archive)
250 legal units and branches were subject to foreign control during 2017, and in total there were 7 935 foreign subsidiaries in Norway, according to new figures from Foreign subsidiaries in Norway. These units accounted for 328 000 employees and NOK 1 324 billion in turnover. Measured in number of subsidiaries, Sweden was the most important ownership country with 2 274 units, followed by Denmark with 980 and Great Britain with 701.
Sweden first, America second
Total value added generated by foreign subsidiaries in Norway amounted to NOK 406 billion in 2017. Swedish enterprise groups accounted for more than 20 per cent, while US enterprise groups accounted for around 18 per cent.
Figure 1. Share of value added
Value added | |
Sweden 21 % | 82945373 |
USA 18 % | 73052662 |
Netherlands 12 % | 46763830 |
France 8 % | 33404823 |
Germany 7 % | 29367239 |
Great Britain 7 % | 28503480 |
Denmark 6 % | 25479738 |
Others 21 % | 83967135 |
Figure 2. Employees by ultimate control
Europe | America | Asia | Africa | Oceania | |
Others | 7103 | 5596 | 7175 | 164 | 1264 |
China | 5366 | ||||
USA | 45347 | ||||
EFTA-countries | 19185 | ||||
EU-countries | 237255 |
Contact
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Stein Bakke
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Statistics Norway's Information Centre