ORK on Oslo Stock Exchange

Orkla Group

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

Norwegian consumer goods conglomerate

Orkla ASA (Norwegian: ) is a Norwegian conglomerate operating in Europe, Asia and the US. At present, Orkla operates in the branded consumer goods, aluminium products and financial investment sectors. Orkla ASA is listed on the Oslo Stock Exchange and its head office is in Oslo, Norway.2 It was founded by Christian Thams.1 It employed about 18,300 people in 2019.1 Its revenue was NOK 43.6 billion in 2019.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1904Founded1

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  • TickerORK on Oslo Stock Exchange1
  • Industryconglomerate, financial services, food industry, industrial manufacturing1
  • HeadquartersOslo1
  • Websitewww.orkla.com
  • Legal formallmennaksjeselskap1
  • LEI549300PZS8G8RG6RVZ523
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressDrammensveien 149A, 0277 Oslo, Norway3
  • Registered withThe Brønnøysund Register Centre, 910 747 7113
Orkla head office
Photo: Annikdance, CC BY-SA 4.0, via Wikimedia Commons9

Orkla ASA (Norwegian: [ˈɔrkla]) is a Norwegian conglomerate operating in Europe, Asia and the US. At present, Orkla operates in the branded consumer goods, aluminium products and financial investment sectors. Orkla ASA is listed on the Oslo Stock Exchange and its head office is in Oslo, Norway. As of 31 December 2021, Orkla had 21,423 employees. The Group's turnover in 2021 totalled NOK 50.4 billion.2

Corporate structure

Orkla Group sits at the top of its group. 74 entities, 18 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Orkla Group Oslo, Norway
    • Dragsbæk A/S Thisted, Denmark
    • Idun Industry Oslo, Norway
    • Jästbolaget Sollentuna, Sweden
    • Odense Marcipan Odense C, Denmark
    • Orkla Foods Finland Turku, Finland
    • Orkla Foods Norge Oslo, Norway
      • Stabburet Subsidiary
    • Orkla Foods Sverige Malmö, Sweden
    • Chips Group Subsidiary · Åland
    • Hamé Subsidiary · Kunovice, Czechia
    • Hydro Extruded Solutions Subsidiary · Oslo, Norway
      • Sapa AB Subsidiary · Stockholm
      • HAI EXTRUSION S.R.L. Subsidiary · Arad, Romania
      • Hydro Extruded Solutions AB Subsidiary · Finspång, Sweden
        • HYDRO ALUMINIUM EXTRUSION PORTUGAL HAEP, S.A. Subsidiary · Vila Nova De Gaia, Portugal
        • HYDRO BUILDING SYSTEMS ATESSA S.R.L. Subsidiary · Atessa, Italy
        • Hydro Building Systems Sweden AB Subsidiary · Vetlanda, Sweden
        • HYDRO EXTRUSION ITALY S.R.L. Subsidiary · Ornago, Italy
        • HYDRO EXTRUSION LICHTERVELDE Subsidiary · Lichtervelde, Belgium
        • Hydro Extrusion Sweden AB Subsidiary · Vetlanda, Sweden
        • Sapa Precision Tubing Pune Private Limited Subsidiary · Pune, India
      • SAPA BUILDEX ATESSA S.P.A. Subsidiary · Atessa, Italy
      • 海德鲁铝业(苏州)有限公司 Subsidiary · 苏州市, China
    • Jotun Subsidiary · Sandefjord, Norway
      • 佐敦涂料(张家港)有限公司 Subsidiary · 苏州市, China
    • Kotipizza Group Subsidiary · Helsinki, Finland
      • Kotipizza Subsidiary · Finland
    • Nidar Subsidiary · Trondheim
    • OLW Subsidiary · Solna Municipality, Sweden
    • Orkla (Sweden) Subsidiary · Eslöv, Sweden
    • Orkla Foods Danmark Subsidiary · Oslo, Norway
    • Orkla Latvija Subsidiary · Riga, Latvia
    • Panda Subsidiary · Vaajakoski
    • Rieber & Søn Subsidiary · Bergen, Norway
      • INVENTOR SHIPPING AS Subsidiary · Bergen, Norway
        • INVENTOR CHEMICAL TANKERS AS Subsidiary · Bergen, Norway
      • TCO AS Subsidiary · Indre Arna, Norway
        • TCO NORWAY AS Subsidiary · Indre Arna, Norway
      • WTC ANSATTE AS Subsidiary · Bergen, Norway
    • Saudefaldene Subsidiary · Sauda Municipality
    • Sætre Subsidiary · Bergen, Norway
    • The European Pizza Company Subsidiary
    • BAKO AS Subsidiary · Oslo, Norway
    • CALL CATERLINK LTD Subsidiary · Bodmin, United Kingdom
    • CBP A/S Subsidiary · Oslo, Norway
    • and 24 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Orkla Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Christian Thams in 1904.1

Orkla started out in 1654 with pyrite mining at Løkken Verk in Sør-Trøndelag, Norway. Later the company also started mining copper, but this was abandoned in 1845. In 1904 Orkla Grube-Aktiebolag was founded by Christian Thams to start commercial mining at Løkken Verk, which included the construction of Thamshavnbanen, the first electric railway in Norway, between Løkken Verk and Thamshavn. This railway is still operated as a museum railway after the mining operations at Løkken Verk were closed on 10 July 1987.

In 1929, Orkla became listed on Oslo Stock Exchange and in 1931 the new smelting plant at Thamshavn outside Orkanger was opened. By 1941 Orkla started with a separate investments portfolio, and opened offices in Oslo in 1975. In 1984 Orkla started a major takeover of Norwegian newspapers, creating Orkla Media as one of the three largest media companies in Norway. Half of the magazine publisher Egmont-Mortensen was added to Orkla Media in 1992 and the Danish Det Berlingske Officin in 2000. Orkla sold the media section to Mecom in 2006.

In 1986 Orkla merged with Borregaard based in Sarpsborg to form Orkla Borregaard. The company then merged with Nora Industrier in 1992. Borregaard was spun off and introduced to the Oslo Stock Exchange in October 2012, with Orkla retaining a minority stake in the company. Orkla heavily invested in foods and among others acquired Swedish brewery Pripps as well as other companies, including Abba Seafood, Baltic Beverages Holding and Procordia Food. Norwegian Ringnes and Pripps were merged with Carlsberg Breweries, where Orkla acquired a 40% ownership in 2000. Orkla sold its ownership in Carlsberg in 2004.

In 2005 Orkla bought the Norwegian material company Elkem and Sapa Group in Sweden. In 2010 Orkla bought the Estonian confectionery company Kalev.

In January 2011, Orkla sold Elkem to China National Bluestar.

In November 2018 Orkla announced that it will acquire Finnish Kotipizza Group.

In March 2022, Orkla Health announced it had acquired 100% of the shares of dietary supplements supplier Healthspan Group Limited for £65 million on a cash and debt-free basis.

From Wikipedia’s article on Orkla ASA, shared under CC BY-SA 4.0.5

Leadership

Who has led Orkla Group, and when. Pick a name to see everywhere that person has worked.

197019801990200020102020

Products and brands

Listed on Wikidata.1

Operations

Orkla's branded consumer goods division produces brands in many fields, primarily in the Nordic region, but also in other places such as Central and Eastern European countries, and the Baltic region. Among the companies owned by Orkla are Abba Seafood, Beauvais foods, Chips, Felix, Göteborgs Kex, Kalev, KiMs, Lilleborg, MTR Foods, Rasoi Magic, Peter Möller, Nidar, OLW, Panda, Procordia Food, Stabburet, Sætre, Pierre Robert Group and Laima.

As of February 2020 Orkla had major ownership in Jotun (42.6%). Borregaard was divested and listed on the Oslo Stock Exchange in 2012. Orkla's 50% interest of Sapa Group was sold in 2017.

Brands

Pierre Robert Group

La Mote – clothes

Pierre Robert – clothes

From Wikipedia’s article on Orkla ASA, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

Also owns

Subsidiaries (GLEIF)

Also consolidated

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Jan 2011Acquired Saudefaldene1

Employees over time

Orkla Group employees by year118.3K in 2019−39% since 2011
010.0K20.0K30.0K2011: 30.0K30.0K20112018: 18.5K18.5K2018−38%2019: 18.3K18.3K2019−1%
  • 201918,3481
  • 201818,5101
  • 201130,0001

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Orkla Group revenue by year143.6B NOK in 2019+32% since 2013
020.0B NOK40.0B NOK60.0B NOK2013: 33.0B NOK33.0B NOK20132019: 43.6B NOK43.6B NOK2019+32%
  • 201943.6B NOK1
  • 201333.0B NOK1

Net income

  • 20193.9B NOK1

Timeline

  1. 1904Founded Founded1