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Published:
This is an archived release.
Most in the EU
The geographical breakdown shows that countries in the European Union have the majority of foreign-controlled enterprises in Norway, with Sweden as the predominant country. Wholesale and retail trade was the largest industry in terms of number of enterprises and number of employees.
Owners resident in the European Union controlled 81 per cent of the foreign-controlled enterprises in Norway in 2010. The total number of foreign-controlled enterprises was 6 114, with Sweden as the largest ownership country with 1809 enterprises, followed by Denmark with 780 and Great Britain with 724. The total number of employees was nearly 290 000; around 20 per cent of the total number of employees in the whole business economy.
Oil and gas extraction, manufacturing and sale with almost 3/4 of the value added
In 2010, value added for the foreign-controlled enterprises totalled NOK 364 billion. Oil and gas extraction accounted for 43 per cent, manufacturing and trade in goods accounted for 16 and 14 per cent respectively.
About 4 out of 10 large enterprises were foreign controlled
A total of 2.3 per cent of all enterprises in Norway were foreign controlled. If we look only at the large enterprises, i.e. 100 employees or more, 40 per cent were foreign controlled. These large foreign-controlled enterprises amounted to 13 per cent of the total value added in Norway for 2010.
USA, France and Sweden on top in the value added
Measured by value added, the USA is the largest ownership country with a share of 29 per cent, followed by France with 16 per cent and Sweden with 14 per cent. The USA was the single most important country, accounting for 28 per cent of the value added. France contributed with 16 per cent, followed by Sweden.
This equals about 25 per cent of total value added in Norway and is an increase of 0.5 percentage points from 2008, but a decrease of 2.0 percentage points from 2007 and 2008.
The statistics show the economic activity of foreign-controlled enterprises in a country. A foreign-controlled enterprise is defined as a company that is controlled by an enterprise or other economic unit abroad through an ownership interest of more than 50 per cent. The statistics are compiled according to the ultimate controlling institutional unit (UCI) concept. In a chain of control, UCI is defined as the institutional unit that is not controlled by another institutional unit.Norwegian-controlled enterprises abroad are published at http://www.ssb.no/ufats . |
Comparisons with the national accountsThe FATS statistics are based on enterprises (legal entities), whereas the national accounts use establishments /production unit as the unit. In addition, differences in the definition of characteristics and variables mean that the figures are not fully comparable with industry figures for the national accounts. |
Tables:
- Table 1 Enterprises under foreign control compared with all enterprises within the whole business economy. 2000-2010
- Table 2 Enterprises under foreign control compared to the whole business economy, by industry section . 2010
- Table 3 Enterprises under foreign control compared to the whole business economy, by number of persons employed. 2010
- Table 4 Enterprises under foreign control , by country of ultimate owner. 2010
Contact
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Stein Bakke
E-mail: stein.bakke@ssb.no
tel.: (+47) 99 00 68 93