Sourcing in Norway
- Type of Production
Industry accounts for 41,4 percent of the GDP. Oil and gas field machinery, food processing, offshore industry, fishing, shipbuilding, metals and mechanical engineering are the most significant forms of industry. Of the 50 largest companies in Norway, 10 are oil companies and numerous others are associated with the offshore industry.
Mechanical engineering is a major sector in terms of turnover, number of employees and exports. The sector has about 4000 firms and produces about 6 % of the GDP. Forest Industry employs over 20 000 people and is a major exporter. The biggest companies are Moelven and Norske Skog. Food processing industry produces about 2 % of the GDP and mostly sells its products in domestic markets. Firms are mostly small or mid-size. Metal industry is dominated by few big corporations, such as HydroStatoil, Elkem and Fesil, and exports over 80 % of its production.
Norway is one of the leading countries in the world in shipbuilding. Norwegian corporations have a 25 % market share in cruise ship production and a 20 % market share in the production of liquefied gas tankers and chemical tankers. 30 % of all publically traded shipping companies in the world are listed in the Oslo stock exchange.
- Manufacturers Associations of the Main Industries
Federation of Norwegian Industry
The Confederation of Norwegian Enterprise
Type of Manufacturers
- Original Equipment Manufacturers
- Norway spend 1,75% of GDP on research and development. Original equipment manufacturing in the energy sector, technical sector and in maritime equipment.
- Original Design Manufacturers
- There are some original design manufacturers, mainly in the technical sector.
- Subcontractors for specific jobs are hired on a regular base. They are used particularly in energy sector (oil- and gas field projects), construction and also in the service sector.
- Useful Resources
Purehelp - Business Search Engine
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