USA, Sweden and France important foreign-controlled enterprises

Foreign-controlled enterprises, especially from the USA, Sweden and France, had a large share of the value added in Norway in 2007, reports Statistics Norway.

The USA was the most important owner measured in value added, with a share of 35 per cent of the foreign-controlled enterprises, followed by Sweden and France, with 14 per cent each. Measured in number of enterprises and employees, Sweden was the largest owner. A total of 32 per cent of the foreign-controlled enterprises were controlled from Sweden, and these Swedish-controlled enterprises comprised 27 per cent of the employment.

In 2007, value added for the foreign-controlled enterprises was NOK 362 billion. This equals about 27 per cent of total value added in Norway. Value added per employee in the foreign-controlled enterprises was NOK 1 285 000, compared with approximately NOK 950 000 for the whole business economy. Foreign-controlled enterprises within oil and gas extraction, wholesale and retail trade and manufacturing accounted for 36, 29 and 27 per cent respectively of total value added in these industries.

Read more on SSB.no

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