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More Swedish and Danish ownership
statistikk
2015-06-29T10:00:00.000Z
Establishments, enterprises and accounts;Energy and manufacturing
en
utfono, Foreign subsidiaries in Norway, value added, country of ownership, enterprise by industry, FATS (Foreign Afiliates Statistics), globalisationEstablishments and enterprises , Oil and gas , Manufacturing, mining and quarrying , Establishments, enterprises and accounts, Energy and manufacturing
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The inward FATS statistics provide an overview of foreign-controlled enterprises’ economic activity. The number of foreign-controlled enterprises continues to rise.

Foreign subsidiaries in Norway, 2007-2013

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More Swedish and Danish ownership

The number of foreign-controlled enterprises in Norway continues to rise, and a somewhat bigger share is controlled from Sweden or Denmark. However, enterprises controlled from the USA still contribute the most to the value added.

Enterprises under foreign control. The most important ownersPublished 29 June 2015
2013
EnterprisesPersons employedTurnover [mill. NOK]
Enterprises under foreign control, in all6 400310 8161 387 576
 
Sweden2 04283 352224 691
Denmark90833 183100 820
United Kingdom61430 285124 003
United States55449 153341 157
Germany32322 86592 363
Netherlands19010 60090 537
France18115 788112 005
Finland23113 16339 511
Switzerland19114 26652 033
 
In per cent
Sweden31.926.816.2
Denmark14.210.77.3
United Kingdom9.69.78.9
United States8.715.824.6
Germany5.07.46.7
Netherlands3.03.46.5
France2.85.18.1
Finland3.64.22.8
Switzerland3.04.63.7

Source: Statistics Norway

The data for 2013 shows that 6 400 Norwegian enterprises are subject to foreign control. About 80 per cent of these enterprises are controlled from countries within the EU, and Sweden is the largest ownership country with 2 042 units. Denmark is the second largest ownership country with 908 units, while Great Britain is the third largest ownership country with 614 units. However, measured in turnover, the USA is the most important ownership country with a share of 25 per cent. Second most important is Sweden, with a share of 16 per cent, followed by Great Britain with a share of 9 per cent.

Foreign-controlled enterprises employ about 310 000 people, and total turnover amounts to approximately NOK 1 400 billion. This is 20 per cent of the employment and 27 per cent of the turnover within the Norwegian business sector as a whole.

Greater Nordic dominance

A total of 3 235 Norwegian enterprises are controlled from other Nordic countries. This is 322 more units than in 2012 and about 50 per cent of the foreign-controlled enterprises. Sweden and Denmark account for the whole increase, while Finland and Iceland experienced minor changes. Luxembourg and the Baltic states have the strongest growth among the EU countries outside the Nordic region.

A small decline in value added

Total value added for the foreign-controlled enterprises amounts to about NOK 451 billion. This is 2 per cent less than in 2012. The corresponding figure for the Norwegian business sector as a whole, however, is more or less unchanged. Overall, foreign-controlled enterprises generated 26 per cent of the total value added within the Norwegian business sector as a whole.

Measured in value added, the USA is the largest ownership country, with a share of 30 per cent. Much of this is generated by enterprises within the extraction of crude oil and natural gas. Sweden accounts for 13 per cent of the value added, while France accounts for 12 per cent.